Job Description/Requirements
- Documentation - Standardize the technical valuation reports to incorporate details such as Market value, Document value, Force sale / distress value, interiors valuation, Type of construction, Concerns on marketability and potential risks if any on property demolition / proximity to railways or water source etc
- Hind sight function Technical valuation report verification on sample basis, on below parameters
- Whether reports are in DBS format
- Variation in reports for same area and same property across multiple vendors
- Types of risk identification
- Comments updation by technical vendor
- Instances of report revision and reasons for the same
- Turn around time tracking from date of technical report initiation and final technical report receipt
- Property dedupe mechanism
- Vendor management
- Assess and appoint new technical vendors as per bank policy
- Renew existing technical vendors basis internal review on performance
- Track blacklisted technical firms to ensure that the partners / individuals are not engaged with DBS without explicit approval from DBS
- Maintain MIS for total of empanelled vendors and track dormant vendors, if any; further steps like de-empanelling to be done in suitable cases of dormant vendors
- Track changes in vendor firm composition and initiate necessary actions
- Feedback to vendors regarding end to end TAT management from technical verification initiation to final signed legal report submission
- Invoice processing of technical vendors within agreed time lines
- Work with DBS tech team for enhancing collateral management system for getting valuation details correctly updated
- Advisory function
- Business and credit team on technical verification process initiation both for fresh cases and top up cases
- Business teams on case specific issues basis remarks from external valuation vendors
- Credit team on deviations in technical reports
- Policy team on timely updation of Collateral policy
- Track market updates using RESIDEX and other details
- Collections
- Assist collections team in doing re-valuation of property for cases which became NPA
- Coordinate with locations for repossessed property bidding and reserve price fixation
- Fraud prevention
- Enhance process to identify potential fraud cases at technical verification stage
Advise business and collections teams on next steps in case of identification of fraud
Primary Location
India-Tamil Nadu-Regional Office Chennai
Job
Programme Hire
Schedule
Regular
Job Type
Full-time
Job Posting
Feb 12, 2026, 10:30:00 AM
