VP- Real Estate Credit Engineering

VP- Real Estate Credit Engineering

First Abu Dhabi Bank
10-13 years
Not Specified

Job Description



Job Description

JOB PURPOSE:
Prepare technical capability reports for real estate financing transactions which may be existing and/or potential bank borrowing customers, with wider assessment required on existing data and market outlook and trend. Verify the authenticity and details in a evaluation report and coordinate with property management companies to ensure that the approval conditions and terms are carried out accordingly.
Report any anomalies and potential red flags, in conjunction with BU and provide expert opinion on viable objections from frontline.
KEY ACCOUNTABILITIES:
Core responsibilities
  • Prepare technical capability reports for real estate financing transactions which may be existing and/or potential bank borrowing customers, with wider assessment required on existing data and market outlook and trend.
  • Verify the authenticity and details in a evaluation report and coordinate with property management companies to ensure that the approval conditions and terms are carried out accordingly.
  • Prepare analysis/assessment reports from the side of a client. Ability to estimate feasibility for all major types of projects including but not limited to commercial/residential buildings, office buildings, etc.
  • Conduct site visits for all clients, based on a systematic timetable to evaluate the asset value and its income. Should be able to spot any anomalies in the values provided by the valuation company or by the client.
  • In case of the ongoing project financing, review project progress payment certificates and genuineness of project payment requirements & other project payments if referred by credit officers.
  • Assess & highlight potential risks facing the project or the asset, evaluate budgets/cost estimates for construction projects, technical drawings, engineering plans and compare with progress.
  • Evaluate completed projects to ensure they satisfy all guidelines and specifications
  • Develop thorough knowledge of profile and portfolio of the FAB REC regulations & guidelines along with various types of contracts and their technical intricacies.

Job Context
Specific Accountability
  • Ensure TAT is met as per agreed SLA
  • Minimised risk exposure by reviewing the risk potential in detail to reduce any inherent risks to the business
  • Accuracy of reports and analysis conducted
  • Timely and efficient generation of reports for management
  • Timely execute any special work related tasks assigned by line manager.
  • Ensure that audit items are addressed and resolved accordingly

FRAMEWORKS, BOUNDARIES, & DECISION MAKING AUTHORITY:
  • Functions within the framework and boundaries of Group policies as well as overall organisational and governance frameworks.
  • Authorised to take decisions as per the approved authorisation matrix.

Qualifications

QUALIFICATIONS & EXPERIENCE:
Minimum Qualification
  • Bachelor's degree in Civil Engineering.

Minimum Experience
  • 10 years relevant experience in Civil Engineering
  • Experience in Banking, Engineering/Risk Assessments
  • Very good reporting writing skills
  • Analytical, problem-solving, and organizational skills.
  • Leadership and time-management skills.
  • Communication & interpersonal skills. Ability to communicate with various professionals such as construction managers, technicians, and vendors.
  • Detail-oriented team player with a strong understanding of budgets and estimates.
  • Understanding of evaluating a project from financier point of view.

Job Details

Employment Types:

FAB, the UAE’s largest bank and one of the world’s largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the bank’s international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.

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