Engineer Corporate Credit Remote Working

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.Therefore,Assessing a contractors technical capability, Monitoring the technical progress of the project, and Picking up signals of project lag/distress Investigate delay in payments of PPCs. Strong contacts with project consultants and concerned officials will enable meaningful outcome of the investigation.

• Prepare Technical Capability Report on a Contractor. The report, among other factors, will include:
• Technical ability of Management, including history of project execution
• Equipment, Technical Manpower, and Labour resources availability
• Organizational systems, procedures, and controls in Estimation and Bidding of Contracts
• Organizational systems, procedures, and controls in tracking of Project progress, Variances, Claims, and Cost to complete in contracts.
• Technically rank contractors on the basis of Top Tier, Mid Tier, and Bottom Tier.
• Single Project Workload / Overall workload capability.
• Prepare Project Analysis Report of a proposed project financing. The report, among other factors, to include:
• Contractors technical ability to perform the specific project, including past history of performance in comparable projects.
• Project work execution program, and contractors ability to complete the project on time and within budget, considering current overall workload and technical resource availability.
• Cost components of Contractors bid price, and compare with losing bids.
• Contractor Cash Flow reasonableness vis-à-vis prevalent / expected costs and proposed work execution program
• Prepare Project Progress Report on a running project. The report, among other factors, to include:
• Visit / Liaise with Project Manager, Client Rep, Consultant to assess project progress
• Evaluate PPC progress vis-à-vis Physical completion. Compare with project execution program
• Track variations, claims, penalties, liquidated damages, disputes, and project cost to complete - all of which can have financial impact on the Contractor.
• Keep updated Market Knowledge / Market intelligence:
• Track Material, Labour, and Equipment price trends and availability.
• Generally track Contractors performance on other projects - even if not financed by MB.
• Use market intelligence to advise on specific contractors, paymasters etc.
• University Graduate in Engineering preferably Civil Engineering.
• 5 years & more experience in a respectable Contracting / Consultants firm (with significant field experience).
• Experience across various facets of Civil Engineering and other disciplines.
• Good Inter-personal skills to deal with a broad spectrum of clients / consultants / owner rep etc
• Strong Technical knowledge / understanding
• Problem identification / problem solving
  
  

The leading financial institution in MENA

While more than half a century old, we proudly think like a challenger, startup, and innovator

in banking and finance, powered by a diverse and dynamic team who put customers first.

Together, we pioneer key innovations and developments in banking and financial services.

Our mandate? To help customers find their way to Rise Every Day, partnering with them through

the highs and lows to help them reach their goals and unlock their unique vision of success.

Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value.

We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.

---