Construction Subcontracts Engineer (civil)
Tecnimont Pvt. Ltd.
Dubai/ UAE, Saudi Arabia
Job Description
Candidate should be Degree or Diploma in Civil Engineering with 15 to 20 Years Experience in EPC company's handling subcontract aspects for Construction Projects. Preferred candidates would be from Oil& gas, petrochemicals, Refinery & Fertilizer industry and companies like Saipem, Petrofag, Samsung L&T Toyo, Jacobs & Uhde etc. His responsibilities on the job are: Acquaint himself with the Project Construction Subcontracts Administration Procedure (PCSAP). Check in detail the accounting submitted by Civil Subcontractors for "unit prices Subcontracts"; in particular verify quantities (to be calculated in accordance with the drawings issued for construction and in accordance with the Special Preamble to Prices and Methods of Measurement Civil Works defined in the Subcontract), verify correct application of unit prices (to be in accordance with the contract price list, and Subcontract requirements), verify correctness of all calculations (arithmetic). Assist Subcontracts Administration Manager (SAM) in the evaluation and verification of extra works. Assist SAM in other Subcontract Administration activities as required. Assist SAM in preparation of backup documents for PPC to be sent to Milan Home Office for SAMC verification. Expedite and ensure timely receipt of accountings and other deliverables from Subcontractors. Maintain proper filing of all Subcontracts and accounting documents in accordance with PCSAP.
Salary:Not Disclosed by Recruiter
Industry:Construction / Engineering / Cement / Metals
Functional Area:Supply Chain , Logistics , Purchase , Materials
Role Category:Purchase/Material Management
Role:Commercial Manager
Education-
UG:B.Tech/B.E. - Civil
PG:Post Graduation Not Required
Doctorate:Doctorate Not Required
Company Profile:
Tecnimont Pvt. Ltd.
Tecnimont Pvt. Ltd., is a part of Maire-Tecnimont Group, Italy, and it is one of the few EPC companies in India with capability and experience in executing large projects on lumpsum turnkey basis in India and all over the globe. We are equipped with world-class design facilities at Mumbai and accredited with ISO 9001:2000 certification. We provide our employees excellent work environment encompassing international standards and offer exciting opportunities for learning and personal growth and to enable them to actualise their potentials. In line with our business expansion plan, we are expanding our group in Mumbai office. We need to induct following skilled and super motivated professionals in our Mumbai Office.
Credit Analyst International Corporate
Standard Chartered Bank - UAE
UAE
The Role
Standard Chartered is a leading international banking group committed to building a successful and sustainable future for our people, our customers and the communities we serve. With 1,700 branches and offices in 68 markets in Asia, Africa and the Middle East, we offer exciting and challenging international career opportunities to over 89,000 employees. Job Description Credit Analysis: * To provide insightful, relevant, succinct and timely (see below) credit analysis of a portfolio of SCB's clients (current or prospective). * This includes responsibility for proposing counterparty credit grades via the relevant scorecard, and ongoing monitoring for credit-material events. While the portfolio will be industry / geography specific in focus, the role extends to analysing other clients as may from time to time be required * Insightful: Attuned to the needs of two audiences - Client Coverage and Risk - the analysis should provide a forward-looking, focused opinion on the likely development of both business and financial risk elements in their industry / geographic context together with a calibrated articulation of key risks and potential mitigants thereto. * Relevant: As well as a holistic counterparty assessment, analysis should comment on structural elements relevant to SCB's existing or proposed exposure such as guarantee and security arrangements * Succinct: While always providing sufficient granularity to substantiate its conclusions and observations, the analysis should present opinion in as structured and succinct a manner as is practical * Timely: While focused on the prescribed annual review cycle, analysis will also be required where material new exposure is being considered by Client Coverage. In addition, more summary analysis should be produced and disseminated quickly, where relevant * Additionally, for any BCA submission it will involve the following: * Critical review of Environment and Social Risk Assessments, Appropriateness and Suitability Assessments (FM Products); * Consistency and coherence review of the Approved Account Plan, Raptor (or equivalent), Client & Group Facility Summary & Structure (including Terms and Conditions) * Active partnership with Client Coverage in completion of Risk Profile, Compliance Details, as well as proposed Covenants and Risk Triggers * Overall accountability for consistency and coherence of the complete BCA package submitted to Risk will rest with Credit Analysis and is a key element of this Job Purpose. Stakeholder Partnership: * To partner the team's two key stakeholder communities, Client Coverage and Risk, supporting the former in developing and executing their client strategies and both in respect of credit analysis-relevant matters. Maintaining integrity in analysis at all times is ciritcal. * This includes frequent and iterative discussion with both Client Coverage and Risk around draft analysis, key sector / geographic trends, as well as discussion of covenants, risk triggers and the like. It involves proactive idea generation and discussion with Client Coverage around potential business opportunities for SCB, assisting both Client Coverage and Risk around transaction structuring and execution, where relevant, and identifying and alerting stakeholders of emerging risk aspects on a continuous basis. Team development : * To assist CA Team Leaders in projects focused on improving and enhancing the activities of the team, as well as the quality of credit analysis produced. * This includes coaching and supporting the development of newer and less experienced members of the team Key Roles and Responsibilities Credit Analysis * Timely drafting of credit analysis as directed by the relevant Team Leader. Such analysis should be Insightful, Relevant and Succinct (see Job Purpose) and include the following, inter alia: * Discussion of the dynamics and nature of the Client's industry, including key risk aspects; * Assessment of the Client's competitive positioning within its industry; * Discussion of management strength, experience and track record and corporate governance more broadly; * Articulation of the Client's strategy and an assessment of its clarity and associated execution risks; * Assessment of funding strategy, financial policy, treasury activity (hedging, cash management) and liquidity; * Development of a current / forward year base forecast performance expectation; * Assessment of balance sheet strength, alongside cashflow and profitability vulnerability, via ratio analysis and/or stress testing; * Discussion of other pertinent risk aspects, including country risk, parental and/or governmental linkage/support, relative ranking of indebtedness; * Evaluation of risks associated with particular proposed transactions, where required; * Completion of Group Mandate/BCA Part 1, Part 2, financial analysis/spreads, scorecards; * Ensure use of appropriate calculator in alignment with Credit Policy for relevant approvals (e.g. Raptor, Group Aggregation Calculator); * Complete ESRA ( Environment and Social Risk Assessment) * Supporting business on structuring deals; * Documentation support on credit aspects and working with CRC/LDU on BCA reworks; * Testing and Monitoring Covenants & Risk Triggers; * Preparing country specific regulatory check-lists (where applicable); * Credit stress testing * CCC Certification Completoion (internal SCB Credit Course) * Preparation of other analysis as directed by the relevant Team Leader, such as Industry specific reviews, portfolio reviews, assessments of new prospects etc. Stakeholder Partnership In respect of Clients where the role-holder is assigned as analyst: * Proactive monitoring of key entity or industry wide events and/or developments, as well as of covenants and risk triggers where applicable * Partnering Relationship Managers in pursuing their client strategies through proactive idea generation, support in preparing materials for client discussion and through ensuring they are always fully briefed on key risk aspects * Partnering Risk through clear presentation of credit analysis and proposed credit grading, as well as through proactive and considered discussion of key risk aspects * Accompanying Relationship Managers on client visits, as part of general due diligence in respect of credit analysis * Acting as a broader point of expertise in respect of credit aspects with Product and others across SCB Team Development * Support CA Team Leaders and others in the team on ad hoc projects, strategic initiatives and exercises aimed at improving or enhancing the team's activities * Continually strive to share key relevant knowledge and learnings with others across the team * Provide credit specific coaching to newer or less experienced members of the team Key Stakeholders Internal Relationships: * Reationship Managers * Risk * Product partners * CDD, where relevant * Legal, Audit and Compliance, where relevant * Physical Commodity Operations, where relevant External Relationships: * Clients * Rating Agencies * Market Data Services providers
Requirements
* Sound knowledge of accounting and financial principles gained by experience or qualification * MBA or CFA qualifications advantageous, but not required * Pereffer Arabic Speaers * Preffere elevant experience gained either in banking, treasury or accounting environment * Strong analytical ability, focused on the assessment and calibration of credit risk * Strong verbal and written communication skills (in English), with proven ability to work across cultures and within a dynamic environment * Able to hold credible dialogue at all levels of the organisation, as well as with clients * Well organized, able to multi-task and balance competing demands * Analytical strength - to spot emerging risks, in particular forward looking industry trends. * Gravitas - to engage with Relationship Managers and Clients alike, have the ability to challenge in a constructive manner. * Collaborative - to work in partnership with stakeholders to 'get things done', fulfilling the Job Purpose
About the Company
Standard Chartered Bank started in 1958 in UAE with its first branch in Sharjah. The Group\\\\'s business gradually increased in Dubai with the opening of several branches and today, Dubai is the administrative hub of the Middle East and South Asia Region. In its 43rd year, the Bank enjoys the position of having the most extensive branch network among foreign international banks in UAE with 10 branches emirate-wide.
Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Global Markets, Personal Banking and Corporate and Institutional Banking.
In UAE, we are one of the leading banks, offering an extensive range of products and services for personal customers, local companies, multinational corporate and financial institutions.