banking jobs in UAE | Mashreq Bank careers

Mashreq Bank announced, through its Linkedin account, a bank job in UAE (Senior Engineer – Corporate Credit (Remote Working)) according to the following:

• Contracting Finance has long been recognized as one of the highest risk industries for commercial bank lending. 
• However, well-managed successful contracting businesses can and do make bankable customers if risk is properly assessed and monitored.
• Manage the bank’s credit engineering function. 
• Perform forensic audit of running projects.
• Assess costs to complete for distressed projects.
• Maintain high level contact in industry & market. 
• Give senior management of the bank timely information on early warning signal / heads up signs etc.
• Assessing a contractor’s technical capability, 
• Monitoring the technical progress of the project, and 
• Picking up signals of project lag/distress 
• Investigate delay in payments of PPCs.
• Senior Engineer will manage and/or assist Senior Manager – ESU in managing the banks credit engineering function / allocate the contracts in engineering projects and ensure quality of work / output.
• It is a continuous function of the Senior Engineer to look into the distressed projects in depth, understand the deterioration and suggest ways of improvement to enable the bank to avoid a loss. 
• The Senior Engineer will assist in investigations, if required, for any undesirable activities such as fraudulent PPCs, inaccurate presentation, or false reporting to the bank. 
• Timely feedback will enable the bank to take remedial action.
• The Senior Engineer will estimate and advise ‘costs to complete’ for distressed projects. 
• The Engineer would recommend the additional cost, if required, and would monitor disbursal according to the requirement and monitor the progress of the project on a day-to-day basis.
• It is expected that the Engineer would maintain high level of contacts in the industry and market which will lead to timely / frequent updates on industry developments such as labor trends, market prices, cost increases, delays in the projects etc.
• The Senior Engineer is required to give the Senior Managers in Credit Risk Management and Contracting Finance Division timely information or ‘early warning signals’ / ‘heads up’ with particular reference to problems faced by the industry and/or specific contractors.
• Prepare ‘Technical Capability’ on a Contractor.
• Prepare ‘Project Analysis Report’ of a proposed project financing.
• Prepare ‘Project Progress Report’ on a running project.
• University Graduate in “Engineering” preferably “Civil Engineering”.
• 15 years (plus) experience in a Contracting / Consultant’s firm with significant years of field experience plus exposure to project management; and / or 
• Experience in a similar capacity with a financial institution.
• Good Inter-personal skills to deal with a broad spectrum of clients / consultants / owner rep etc
• Strong Technical knowledge / understanding.

To know more details about the vacancy and how to apply kindly check the link below:

apply from here

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