Assistant Vice President, Team Lead, Business Support Unit, Corporate Banki at DBS Bank

Mumbai City, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

03 Oct, 26

Salary

0.0

Posted On

05 Jul, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Legal Documentation, Mortgage Processes, Credit Risk Management, Process Automation, Stakeholder Management, Loan Administration, Regulatory Compliance, Vendor Management, Risk Mitigation, Workflow Optimization, Core Banking Systems, MS Office, Credit Operations, Change Management, Financial Analysis, Corporate Banking

Industry

Banking

Description

Business Function Corporate and Investment Banking provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance, working capital finance, term loans, and foreign exchange. Through our continued commitment, DBS has cultivated long-standing relationships with its customers in the region that are based on account relationship management, service differentiation, product development, and rigorous credit standards. Job Purpose This senior position in the Business Support Unit (BSU) is responsible for leading the provision of documentation and credit-related services, overseeing the efficient processing of loan application disbursements, and managing complex post-disbursement activities. The role also involves contributing to policy development and process enhancements for all Business Segments that is Large Mid and SME Key Accountabilities Fulfil all responsibilities in relation to: Strong Knowledge of Legal Documentation and Mortgage Processes This requirement is critical for the senior BSU professional, as the role inherently involves extensive interaction with various legal and security documents. It signifies an in-depth understanding of: Offer Letters and Facility Documents: Expertise in drafting, reviewing, and executing these documents for IBG 3&4 customers, ensuring strict adherence to approved credit and business terms, Master LO templates, and guidelines from Group Legal and Product Owners. This includes acting as a primary checker and approver. In-house Security Documents: Comprehensive knowledge of various security instruments such as Hypothecation, Cash Margin, and Mortgage. This extends to developing, refining, and maintaining templates for these documents in line with approved credit memos and collaborating with the Credit Control Unit (CCU) for process completion. Regulatory Compliance: A thorough grasp of the legal and regulatory frameworks governing corporate banking products, credit operations, and loan administration, ensuring all documentation complies with internal and external standards. Mortgage-Specific Expertise: Given the mention of "mortgage processes," the candidate must possess specialized knowledge of the legal intricacies involved in mortgage-backed loans, including creation, perfection, and enforcement of mortgage securities, and related documentation. This includes overseeing desktop valuations and collateral audits. Risk Mitigation: The ability to identify potential legal and documentation-related risks and implement strategies to mitigate them, contributing to a robust credit risk management framework. Proven Experience in Process Streamlining and Automation For a senior position, this goes beyond mere participation in process improvements. It requires a demonstrable track record of leadership in transforming operational workflows to achieve greater efficiency and accuracy. This involves: Identifying Bottlenecks: The capability to analyze existing documentation and credit-related processes within the BSU, identifying inefficiencies, manual dependencies, and areas prone to errors. Designing and Implementing Solutions: Proposing, developing, and leading the implementation of innovative solutions, potentially leveraging technology, to automate repetitive tasks, reduce manual intervention, and enhance process flow. This could include enhancements to document management systems or integration with core banking platforms. Optimizing Workflows: Re-engineering end-to-end processes related to loan application disbursement and post-disbursement activities, ensuring seamless execution from initiation to closure. Technological Proficiency: Leveraging advanced knowledge of MS Office, core banking systems, document management systems, and credit services platforms, with an added advantage for experience in data analytics tools, to drive automation initiatives effectively. Change Management: Leading and guiding teams through process changes, ensuring smooth adoption of new systems and workflows, and fostering a culture of continuous improvement. Ability to Drive Operational Efficiency and Reduce Turnaround Time (TAT) This requirement emphasizes the candidate's strategic and results-oriented approach to BSU operations. It implies a direct impact on the unit's productivity and responsiveness: Strategic Oversight: The ability to oversee and optimize all miscellaneous activities related to disbursement across various product offerings, consistently identifying areas for process improvement that directly impact efficiency. Timely Report Submissions: Strategically managing and coordinating with Legal and Valuation agencies to ensure timely submission of reports and resolution of complex issues, which directly impacts TAT for loan processing. Expedited Exception Closure: Driving the resolution of critical exception items (e.g., Insurance, Internal covenants) through proactive follow-up with RMs and customers, and collaborating closely with CCU to ensure timely and effective closure, thereby reducing delays. Vendor Management Efficiency: Proactively managing relationships with external agencies/vendors to ensure timely and accurate vendor payments and resolving disputes, contributing to smoother operations and preventing delays. Performance Metrics: Establishing and monitoring key performance indicators (KPIs) for operational efficiency and TAT, and continuously seeking ways to meet or exceed these targets. Strong Business Support and Stakeholder Management Skills In a senior BSU role, effective collaboration and communication are paramount. This requirement highlights the need for a leader who can effectively interact with diverse internal and external parties: Internal Stakeholder Collaboration: Expertly liaising with a wide range of internal stakeholders, including Senior Relationship Managers, Credit Heads, CCU Leadership, Operations Management, Product Team, Legal, Compliance, and Finance teams. This involves providing expert guidance, resolving issues, and ensuring alignment on processes and policies. External Stakeholder Relationship Management: Proactively managing relationships with external entities such as BSU HO, Strategic Vendors, Empaneled Senior Legal Counsel, Lead Valuers and representatives, and Key Corporate Customers. This includes overseeing their performance and ensuring their contributions support the bank's objectives. Primary Liaison and Escalation Point: Acting as a key point of contact for RMs and customers regarding intricate post-disbursement documents and critical exception tracking, effectively handling escalations and ensuring satisfactory resolutions. Influencing and Negotiating: The ability to influence outcomes, negotiate effectively, and build consensus among various parties to achieve operational goals and improve service delivery. Mentorship and Guidance: Mentoring and guiding junior team members in documentation and credit operations processes, fostering a strong and collaborative team environment. Communication Excellence: Possessing exceptional verbal and written communication skills to articulate complex information clearly and persuasively, facilitating effective collaboration and decision-making across all stakeholder groups. Technical Competencies The job holder needs to have advanced knowledge of MS Office, core banking systems, document management systems, and various credit services platforms. Experience with data analytics tools is an advantage. Proficiency in systems related to legal documentation and mortgage processes is required. Work Relationship To work with: Internal: Head BSU, Product Team, Senior Relationship Managers, Credit Heads, CCU Leadership, Operations Management. External: BSU HO, Strategic Vendors, Empaneled Senior Legal Counsel, Lead Valuers and representatives, Key Corporate Customers. DBS India - Culture & Behaviors Drive Performance Through Value Based Propositions Ensure Customer Focus by Delighting Customers & Reduce Complaints Build Pride and Passion to Protect, Maintain and Enhance DBS’ Reputation Enhance Knowledge Base, Build Skill Sets & Develop Competencies Invest in Team Building & Motivation through Ideation & Innovation Execute at Speed While Maintaining Error Free Operations Develop a Passion for Performance to Grow Talent Pool Maintain the Highest Standards of Honesty and Integrity Location: Mumbai Job: Operations Schedule: Regular Employee Status: Full time DBS is more than a bank — we're shaping the future of finance and communities. With innovation at our core and impact in our DNA, we go beyond banking to build careers, relationships, and a better world. DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets and is committed to building lasting relationships with customers. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.

Responsibilities

Lead the Business Support Unit in providing documentation and credit-related services, overseeing loan disbursements and post-disbursement activities. Drive operational efficiency through process streamlining, automation, and strategic stakeholder management across various business segments.