Manager - Engineer RERA Desk

Job Description

Job Purpose:To manage RERA Account Trustee Engineer role and activities to ensure efficient functioning of the RERA unit as per laid down Bank procedures and service standards and in compliance with regulatory, AML and Bank requirements.Main activities are Client Assessment, Payments Review, Site Visits & Reporting, Industry & Market Knowledge, Technical Expertise, Commercial Requirements & Risk Management and Due DiligenceSupport Senior Manager Central Operations to manage the RERA Operations and support Corporate Loans Team and other units as and when requiredKey Accountabilities:Client Assessment:Conduct comprehensive assessments of clients technical resources, facilities, organizational setup, human capital, and management capabilities.Review pre-qualification criteria, including technical experience and the ability to manage bank-financed projects involving facilities and guarantees.Evaluate the status of ongoing projects and examine contractor and client performance over the past three years.Perform project site visits and assess the company’s reputation, classification, and overall standing within the industry.Payments Review:Verify the Project Payment Certificate (PPC) after approval, ensuring alignment with disbursement protocols.Conduct site visits to evaluate the percentage of work completed and report findings.Upload progress reports into the RERA system for transparency and compliance.Site Visits & Reporting:Conduct quarterly site visits to monitor and report on project progress and work performance, adhering to RERAs guidelines.Ensure timely submission of all reports and actively participate in RERA meetings to provide updates and insightsIndustry & Market Knowledge:Build and maintain relationships with key stakeholders in the construction and real estate sectors.Stay informed about market trends and developments to provide up-to-date insights and overviewsTechnical Expertise:Prepare detailed technical studies, offering expert advice and opinions to support financing processes.Conduct in-depth analysis of feasibility studies submitted by clients for real estate finance requests, validating assumptions on investment costs, operating cycles, financial projections, and market conditions.You will be redirected to the company website to apply for this position.Education:Minimum Bachelor’s Degree related to a business field such as accounting or economicsExperience and SkillsEducation levelA minimum bachelor’s degree in an Engineering business related field. Knowledge of Real Estate Finance, Construction Law, or Contract Management is desirable. Additional certification in Project Management (e.g., PMP) or Risk Management is beneficialWork Experience : 5 to 7 years of experience in the construction, engineering, or real estate sectors, with a focus on project evaluation, technical assessments, or site inspections. Experience working on bank-financed projects and knowledge of financial and technical due diligence processes. Proven track record of working with contractors, developers, and real estate stakeholders. Experience preparing technical studies and feasibility analyses for large-scale projects Familiarity with RERA guidelines and other real estate regulatory requirementsYou will be redirected to the company website to apply for this position.

Keyskills :
Experience working on bank-financed projects