Mortgage Credit Specialist

Job Title: Specialist Credit Approval

DBS Bank is seeking a highly skilled Specialist Credit Approval professional to join our team in India.

Job Purpose:

The successful candidate will be responsible for providing effective credit support to meet business targets, framing lending policy frameworks, and approving credit applications in line with agreed processes and policies.

Key Accountabilities:

• Underwrite files as per laid-down policy and process, and other controls, for CLAP business.
• Recommend and approve credit applications, highlighting and considering all significant risks.
• Monitor delinquency levels and ensure follow-up to regularize overdues in a timely manner.
• Develop a sound knowledge of the respective market, especially C-LAP customer segment, in terms of risks associated with this product.
• Manage vendors (legal, technical, and others) and apply knowledge of RBI Regulations/MAS Guidelines that govern credit dispensation.
• Have a working knowledge of the general legal framework in which the bank operates in India and apply the same.

Job Duties and Responsibilities:

• Establish policy and processes for CLAP.
• Approve mortgage applications for the respective branch/location/region.
• Monitor and track portfolios, escalating adverse new events.
• Ensure compliance with Bank's internal credit policy and regulatory guidelines.
• Meet benchmark turnaround times.
• Provide guidance and support to the team of relationship managers.
• Process files within agreed timelines.

Experience:

6-10 years of experience in mortgages in Consumer Banking, preferably lending to MSME customers.

Education/Preferred Qualifications:

Professional qualification, graduate or postgraduate degree, preferably in business, accountancy, economics, finance, etc., along with sound domain knowledge of the mortgages business and market.

Core Competencies:

• Good analytical skills.
• Good presentation skills.
• Good interpersonal skills.
• Good knowledge of the industry.

Technical Competencies:

• Sound knowledge of policies/lending frameworks followed for this product.
• Good knowledge of credit evaluation methods, tools, and techniques.
• Sound understanding of regulatory guidelines on credit issued by RBI (local regulations in India), MAS, and local laws and regulations that impact businesses in general.
• Knowledge of various banking products and risks associated with them.
• Adequate local knowledge of properties for cities in which he operates.

Work Relationship:

Good working relationship with Consumer Banking Relationship team, Consumer Operations, other product teams, RBI inspectors, regulators, and other external agencies.

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