Senior Commercial Manager Commercial Bank
تفاصيل الوظيفة
Job title: Senior Commercial ManagerCompany: Commercial BankJob description:Key AccountabilitiesPreparation of Initial Due Diligence reports (Real Estate & Contractor Finance):Analyse and verify the proposals, feasibility studies submitted by applicant Borrowers requesting real estate and contractor finance;Verify the performance, skills and capabilities of the contractors and consultants who are proposed to carry out the projects to be financed by the Bank;Review the contract's agreement and loan agreements to ensure that interest of the bank is protected;For Real Estate finance, ensure the award process of the Main Contractor is conducted in accordance with industry standards and Contract includes standard provisions (PB, APG, CAR and daily delay damages etc.);Review the reasonableness of cash flow submitted for project finance and the LC's breakdown and other requirements.Preparation of Interim Reports:Monitor ongoing projects by periodic visits, preparation of interim reports and verify the disbursements of payments to Borrowers related to projects;Attend site meetings with the Borrowers, contractors and members of the professional team and review minutes of meetings;Review the external consultants' interim reports and prepare the in-house summary.Management of loan facility Drawdown process:For Real Estate finance, and before releasing the advance payment, check statutory approval status and any obstacles to commence works or progress at a later stage;Advise RM's on recovery strategy for facility exposure and maintain accurate records for receivables to maintain coverage ratio.Following completion of the project:Prepare the project case studies mentioning the key risks encountered, cost analysis and critical review of the success and failures of the project.Expected salary:Location: QatarJob posting date: Fri, 09 Aug 2024 07:07:05 GMTApply for the job now!
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