Job Description
A) Business Related
Review of cost break-up of the projects and compare it with industry standards
Review of Site section criteria, technical simulations reports, Design and engineering submitted by the developers or other agencies
Review land purchase status & identifying risks associated with availability of land
Review of various equipment selection criteria, BOM, vendors lists, supply contracts, equipment inspection reports; advise PF bankers & Credit on adequacy of procurement plan with a focus on long lead items
To oversee & monitor project execution during construction stage
• Assess actual progress of various sub segments against planned work and highlight discrepancies
• Monitor installation, testing and commissioning from the Banks side
Periodical assessment of project progress, compare it with expected timeline and report at appropriate levels
• To undertake site / plant visit and report project progress (for under-construction projects) or any critical issues
Co-ordinate with EPC contractors, Site Teams of Developers and Consultants for on-time completion of project
Review & advise on adequacy of Operation & Maintenance (O&M;) arrangements
Submit various periodical reports based on Banks standard operating procedure (SOP)
B) People Related
Coordination with technical team of prospective and existing borrowers of the Bank, Lenders Engineer and other external consultants required for project / account related matter for project monitoring
Coordination and periodical interaction with internal stakeholders like credit team, respective business teams for account related information sharing and resolution of critical issues in the accounts
C) Other Support Role
Adherence to all processes & protocols to ensure zero error in compliance & audit particularly in project finance related cases
Review of cost break-up of the projects and compare it with industry standards
Review of Site section criteria, technical simulations reports, Design and engineering submitted by the developers or other agencies
Review land purchase status & identifying risks associated with availability of land
Review of various equipment selection criteria, BOM, vendors lists, supply contracts, equipment inspection reports; advise PF bankers & Credit on adequacy of procurement plan with a focus on long lead items
To oversee & monitor project execution during construction stage
• Assess actual progress of various sub segments against planned work and highlight discrepancies
• Monitor installation, testing and commissioning from the Banks side
Periodical assessment of project progress, compare it with expected timeline and report at appropriate levels
• To undertake site / plant visit and report project progress (for under-construction projects) or any critical issues
Co-ordinate with EPC contractors, Site Teams of Developers and Consultants for on-time completion of project
Review & advise on adequacy of Operation & Maintenance (O&M;) arrangements
Submit various periodical reports based on Banks standard operating procedure (SOP)
B) People Related
Coordination with technical team of prospective and existing borrowers of the Bank, Lenders Engineer and other external consultants required for project / account related matter for project monitoring
Coordination and periodical interaction with internal stakeholders like credit team, respective business teams for account related information sharing and resolution of critical issues in the accounts
C) Other Support Role
Adherence to all processes & protocols to ensure zero error in compliance & audit particularly in project finance related cases
💡 Quick Summary
Seeking a career-building opportunity? The Associate|Project Monitoring|IB Apply position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
