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[New Job Vacancy] Associate-Project Monitoring-IB job in HDFC Bank, (Mumbai, Maharashtra) – Jobs in Mumbai, Maharashtra

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Job Opening details:-
Company Name :-
Position Name :-
Associate-Project Monitoring-IB
Company Location :-
Mumbai, Maharashtra
Job Category :-
Jobs in Mumbai

Full Job Description :-
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.
Technical analysis of various components of projects Power sector with a focus on renewables (solar) transmission, infrastructure sector including roads and energy (thermal, renewable, transmission, city gas distribution) etc.
Sectors: Road & Transportation, Power, Hospitality, Cement, Steel, Education, Real Estate, Healthcare, Telecom, Chemical and other Industrials
Proficiency in various engineering and industry standards
Keen eye for detail and understanding of risks factors from technical view point
Good communication skills (verbal & written)

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