Analyst – Loan Documentation އައު

HOUSING DEVELOPMENT FINANCE CORPORATION PLC

މުސާރަ

18,000 ރުފިޔާ - 20,000 ރުފިޔާ

ތަފްޞީލު

މުސާރައާއި އިނާޔަތްތައް: 18,000 ރުފިޔާ - 20,000 ރުފިޔާ

ވަޒީފާގެ ތަފްޞީލު

Housing Development Finance Corporation (HDFC) PLC, established in January 2004, is the only specialized housing finance institution in the Maldives. HDFC is a privatized company with International Shareholders represented by the International Finance Corporation (IFC of World Bank Group), Asian Development Bank, and HDFC Bank Ltd. of India, jointly holding 51% of shares.

Job Title: Analyst – Loan Documentation

Department: Credit

Job Type: Contract (Full-Time)

Term of Contract: 12 months (Based on performance employee will be given a permanent contract)

Vacancies: 01

Job Description

Document Verification and Management

Review offers/rejections letters and facility documents issued upon approval.
Ensuring facility acceptance documents maintained in proper registers.
Verify agreements related to all facilities before/after signing to ensure compliance with internal policies and procedures including shariah governance framework.
Identify revisions to facility and legal documents/templates for offering new products and coordinate with relevant departments for the revisions.

Overseeing Mortgage Process

Attending court for signing agreements.
Monitor the mortgage registration process for new facilities, including follow-up with relevant authorities
on late mortgages.
Ensuring the legal pockets are maintained timely and report the status of titles to line manager monthly.
Maintain mortgage registers, security and title documents.
Monitor and oversee the Mortgage cancellation process for settled/closed facilities.
Prepare and present relevant reports to management.

Disbursement and target Monitoring

Oversee the disbursement process of new and existing facilities.
Review disbursement requests coordinate with relevant units and departments for timely processing of disbursement requests.
Monitor and ensure monthly disbursement targets are reached with regular updates to the management.

Management of Insurance/takaful process

Oversee the overall process of obtaining insurance/takaful policies on behalf of HDC customers.
Maintain insurance/takaful register and database.
Monitor and oversee cancellation of insurance/takaful policies.
Obtaining renewal of insurance/takaful policies in timely manner.
Prepare and present relevant insurance/takaful reports to management.

Qualifications and Skills

Educational Requirement

Diploma/bachelor’s degree in business administration or related field.

Experience

Minimum 1-2 years of experience in Business Administration a related field.
Experience in the financial sector is an advantage.

Skills

Strong document verification, management, and compliance expertise.
Knowledge of mortgage registration, insurance/takaful processes, and disbursement management.
Proficiency in maintaining databases and preparing operational reports.
Excellent time management, organizational, and coordination skills.
Strong analytical, problem-solving, and leadership abilities.

Salary: Salary ranging from MVR 18,000 to 20,000, commensurate with qualifications and experience.

Other Benefits: