Associate, Specialist, Collections, SCF, SME Job at DBS Bank Ltd, Remote

  • DBS Bank Ltd
  • Remote

Job Description

Job Purpose:

Entrusted with the ownership of the management of pre-stress/stress accounts, involving early identification of credit deterioration, security optimization and proactive workout for Supply Chain Finance portfolio and SME relationships in the bank. The role involves deep rooted understanding of the business, inherent problem identification, operational and financial restructuring, in part or full to resolve the problem and monetization of the securities for the Bank.

Key Accountabilities:
  • Close monitoring of allocated portfolio, regular review of operational and financial performance, tracking performance of various industries which have a bearing on the respective assets/securities etc.
  • Working closely with Regional Leaders, Team leaders and RM's of SME and supply chain team to identify credit deterioration and resolving them at the earliest.
  • Working closely with Anchor program managers and SCF TL/RM’s to engage into a meaningful conversation with anchor and their stressed spokes/dealers/distributors for smooth recovery of dues. 
  • Part of Early Warning calls/teams and updating stakeholders on account strategy to recover the dues.
  • Provide inputs on defining strategy to minimize NPAs and maximize recoveries
  • In the advisory role, to be part of meeting with top management of the client and also be part of client inspection and factory visits with view to having strong intelligence on the company.
  • Management of watchlist accounts involves interaction with top management of the company, performance monitoring & benchmarking, adherence to terms of restructuring. - including visits to all material places of the business – to negotiate the implementation of work outs.
  • The role also involves close co-ordination with the legal team for the limited cases which may involve litigation, interact with legal counsels for taking appropriate legal remedies. Also collaborate with external legal counsel, valuer, CA firms, collection agencies etc. for effective resolution
  • Working closely with internal recovery team post NPA classification for appropriate reporting’s, recovery of the loan amount.
  • Develop understanding of internal guidelines, RBI guidelines, MAS and other regulatory & governance guidelines.
  • To comply with the Bank’s process & policies and ensure positive ratings during all Country / Group audits
Required Experiences:
  • Experience in collection role for SME and Supply Chain Banking will be an added advantage
  • Demonstrated skills in successful negotiation and co-ordination with internal and external stake holders. Proven track record in the SME, Supply chain, corporate & commercial banking.
  • Experience of handling regulatory aspects on delinquent accounts.
  • Sound Understanding of credit proposals and financial analysis.
Core Competencies:
  • Deep rooted credit understanding covering multiple sectors, with focused experience in multiple sectors.
  • Understanding of regulatory and governance guidelines on banking issued by RBI (local regulations in India) and local laws and regulations that impact businesses in general
  • Understanding of KYC requirements is critical
  • Ability to engage at the promoter and senior management level.
  • Knowledge of financial markets and products to assist in meaningful dialogue with clients
Location:

Mumbai

Job:

Operations

Schedule:

Regular

Employee Status:

Full time

Job Tags

Full time, Local area

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