About Commercial Bank Of Qatar
Commercial Bank, founded in 1975 and headquartered in Doha, plays a vital role in Qatar's economic development by offering a range of personal, business, government, international and investment services. We believe in empowering our employees, providing them with opportunities for growth and professional development.
By Joining us, you'll be part of a workplace culture that fosters innovation, supports work-life balance, and encourages you to reach your full potential.
Join us in shaping the future of banking!
Job Summary
Take a leading role in the technical due diligence process and perform ongoing monitoring and drawdown activities for projects financed by the Bank, ensuring full compliance with Standard Operating Procedures (SOPs) and internal policies.
Proactively monitor risks associated with the Bank's financed construction project portfolio, providing timely early warnings and actionable recommendations to facilitate effective risk management and mitigation.
Manage the tendering process and oversee the management of external consultants engaged by the Bank to support project implementation and oversight.
Key Reponsibitlies
Technical Due Diligence
Lead the preparation of Due Diligence reports in coordination with the Head of Financed Projects, ensuring alignment with SOPs. This includes reviewing cases against monitoring criteria, setting agendas, and leading meetings with Borrowers while coordinating with Relationship Managers to complete documentation. Responsibilities also cover verifying project scope, key obligations, and stakeholder roles; assessing real estate development proposals and statutory approvals; appraising construction costs through benchmarking; and evaluating contractor capabilities. Review cash flow submissions against contract terms, analyse loan facility requests in relation to project risks, and advise on structuring to limit the Bank's exposure. Assess contract programmes, milestones, and conditions to identify risks and ensure appropriate protections for the Bank. Propose risk ratings for due diligence reports in consultation with Line Manager and recommend measures to mitigate or monitor lending risks prior to sanction or during monitoring.
Managing External Consultants
Responsible for managing the engagement of external consultants by identifying and justifying outsourcing needs based on policy and technical requirements. Develop clear scopes of services and provide budget estimates to support the tendering process. Coordinate with the procurement department to prepare and issue tender documentation, lead the technical evaluation of bids, and prepare comprehensive recommendation reports. Oversee the appointment and commissioning of consultants, ensuring deliverables align with agreed scopes, and prepare internal summaries to inform stakeholders.
Project Monitoring
Perform post-sanction monitoring of projects during the construction phase by conducting periodic site visits, meeting with the Borrower's project team, and coordinating with internal and external stakeholders to gather required documentation. Prepare and update monitoring reports in line with SOPs, assessing actual versus planned progress, identifying delay risks, and evaluating implications for the Bank, including potential liability for delay damages. Monitor certified payments against forecast cash flows and highlight irregularities or receivables risks. Review contract amendments, final account projections, andfor real estate financethe adequacy of development budgets and contingencies. Independently assess receivables against funded exposure to identify shortfalls or changes in coverage ratios. Track facility utilisation, bond and insurance coverage, and ensure statutory permits are in place. Propose risk ratings for interim reports, issue recommendations for risk mitigation and follow-up for close-out. Prepare presentations for internal stakeholders and provide input on amendments to Bank-issued bonds, advising on associated risks and monitoring compliance with contract requirements.
Key Responsibilities
Loan Drawdowns
Review loan drawdown requests by verifying compliance with required documentation and approvals. For real estate finance, ensure statutory permits, bonds, insurances, and project-specific requirements are in place. Validate that the procured scope aligns with the project and maintain the drawdown tracker. Monitor facility utilisation against approved limits, reconcile with trade logs, and assess receivables coverage ratios, advising Relationship Managers of any emerging risks or policy exceptions. Verify drawdown and LC amendment requests using the latest interim reports or new site visits, ensure no outstanding recommendations preclude drawdown, and provide internal recommendation to line manager for final approval.
Close Out Reports
Prepare project close-out reports upon completion and resolution of all outstanding issues. Summarise key aspects including programme delays, remaining obligations, bond validities, forecast final accounts, and recommendations for the maintenance period. Report on final programme outcomes, forecasted development costs, status of bonds and insurances, residual risks, and lessons learned. Ensure all handover documentation is obtained and appropriately filed with the Bank.
Other Responsibilities
Provide ad-hoc quantity surveying, commercial, and project management support to other Bank units as required. Maintain and enhance the internal benchmarking cost database to support wider organisational use. Assist with the annual reclassification of Borrowers within the contracting finance segment. Manage workload independently to meet compliance and performance targets and ensure accuracy by reviewing work against internal policies and SOPs.
Governance
Maintain up-to-date knowledge of Bank policies, Standard Operating Procedures (SOPs), and Delegation of Authority (DOA) to ensure personal and team compliance. Support the Unit Head in monitoring adherence and preparing internal memos or escalations as needed. Assist in the implementation of audit recommendations and help manage the audit process in coordination with the Unit Head.
Key Competencies
- Quantity Surveying and Commercial Management best practice with sound understanding of Construction Contracts and Contract Administration procedures.
- Ability to work in a fast-paced environment to independently produce consistent quality deliverables that demonstrate comprehensive understanding of construction risks and analytical thought.
Qualifications & Experience
Required Qualifications:
- Minimum: Bachelor of Science/Engineering in Quantity Surveying or Commercial Management
- MRICS Quantity Surveying pathway
Required Experience
Min. 10-15 years relevant experience
Why Commercial Bank
- Best Performing Bank in Qatar in The Banker's prestigious Top 1000 World Banks Rankings 2025.
- Best Digital Bank in the Middle East 2024 by World Finance and Best Mobile Banking App in the Middle East 2024 by Global Finance.
- An Innovation-Driven, Digital-First Environment where employees work with the latest tools and technologies to redefine banking
- Opportunities for Global Partnerships & International Exposure, connecting employees with global networks and perspectives.
- A focus on Employee Well-being & Work-Life Balance, ensuring a healthy and supportive environment for all team members
- Competitive Compensation & Benefits that ensure our employees are rewarded for their dedication and performance
- A strong Commitment to Diversity, Equity & Inclusion, fostering a culture that values every individual's unique perspective
At Commercial Bank, we don't just offer careers, We shape futures by pioneering
digital transformation in Qatar's banking sector, blending
digital-first approach to redefine banking through
innovative solutions.
Disclaimer
We appreciate your interest in joining CBQ! Please note that only selected candidates will be contacted for further steps in the hiring process. This job posting is for informational purposes only, and CBQ reserves the right to modify, withdraw, or close it at any time without notice.
