What would I do?
1. Fly the plane and confirm the failure
2. Perform the memory items, if any
3. Run the Emergency/Quick Reference Checklist
4. Check the C/B's
5. Check the MEL
6. Make short-term plan on engine monitoring if the checklists don't provide any guidance.
8. Consider - Continuing/Diverting to a maintenance base/Returning.
9. See if I can speak to my Ops. (or send ACARS).
10. Recap with colleague/s
11. Decide next course of action
12. Execute.
What I'll not be doing is shutting down an engine that appears to be working normally.