Hi Rupali,
This SAPTOOLS.DBH_LATCHWAIT_COLLECT is a collector.
The clean method to prevent the collector jobs ( SAPTOOLS.DBH_LATCHWAIT_COLLECT is one of them) is to disable them via the Data Collector Framework in the responsible Solution Manager. The job will be removed from the database then. So if you start with removing the collector for latch waits this would be a good workaround. In general the collectors are collecting historical data for later analysis in the solution manager. There is no other impact.
I would recommend you to apply the latest fixpack for your db2 version, you may get rid of this problem.
Regards,
Hugo.