A Senior Mechanical Engineer working as a Collateral Evaluator is responsible for assessing the value of mechanical, industrial, and heavy equipment offered as security for loans and other financial transactions. They use their specialized technical knowledge to determine fair market value, forced liquidation value, and salvage value, ensuring that financial institutions have accurate information to mitigate risk.

Education

MSC,MA,BSC in Mechanical Engineering Automotive Engineering or related fields of study.

Experience

Five Years of experience in assessment and evaluation of Manufacturing, Construction, Earth Moving Machinery, Light and Heavy Duty vehicles preferably in the banking industry of which 2 years as Engineering Position in Banking industry.