Details

Salary and Benefits

MVR 15,500 - MVR 16,400

Job Description

Post:                                  Monitoring Analyst

No. of Vacancies:       02             

Post Type:                     Full time

Department:                Credit Department - Monitoring Unit

Reporting to:               Deputy Manager – Monitoring

 

Key Tasks, Responsibilities, and Deliverables:  

• Key tasks and responsibilities of the post include the periodical review of existing facilities.
• Monitoring of asset portfolio to generate Early Warning Indicators (EWIs) potential areas to focus on and recommend pro-active measures to the management.
• Conduct regular credit reviews with a view to identifying any changes in their creditworthiness.
• Monitor and review existing exposures and performance of existing credit facilities.
• Periodical review of collateral and ensure collaterals are maintained in accordance with relevant policies of the Corporation.
• Conducting periodical visits to existing customers for review and verification of ongoing businesses activities.
• Analysis of the impact on macro and micro-environment/ economic factors due to credit facilities provided by SDFC.
• Managing credit risks from the point of origination to full recovery in line with the corporation’s policies, procedures, controls, and compliance requirements
• Follow up on the maintenance of periodic documentation requirements of existing facilities.
• Develop and regularly use quantitative and qualitative EWIs to aid the timely detection of high-risk credit facilities.
• Ensuring that Corporation’s policies and procedures are followed in monitoring and review of facilities and ensure that gaps are regularly reported to the management.
• Liaison with other departments for the achievement of common goals of the Corporation
• Provide support on ad hoc requests as required by the management.

Requirements:

• MQA level 5 qualification in Business, Finance, Economics with a minimum of 2 years’ experience in relevant field.

Other Competencies required: 

• Strong analytical, problem-solving, and decision-making skills with the ability to adapt to change.
• Excellent interpersonal and communication skills.
• Excellent computer skills including the processing of word documents, spreadsheets & databases.
• Familiarity with trade, economic development, and development of the private sector in the Maldives
• Experience in the banking or financial services industry would be an added advantage. 

Remuneration Package:

• Gross pay is between MVR 15,500 – MVR 16,400 depending on the qualification and Experience.

Other Benefits:

• Health Insurance as per company policy.
• Training and development opportunities.

Working Hours:

• The selected applicant will be required to work from 0800 to 1600 on weekdays.

Documents required with the job application:  

• Complete and up-to-date Curriculum Vitae (CV). 
• Copy of National Identity Card. 
• Copies of academic certificates with transcripts (all international certificates must be accredited by MQA)
• Reference letters from current/ previous employers certifying type of employment, job roles, and service period. 
• Recommendation letters from previous supervisors or employers (optional). 

How to Apply:  

• Required documents should be submitted using the link: https://sdfcmv.aidaform.com/job-application-form-monitoring-analyst12 before 08^th April 2025, 14:00hours. 

Important notes to applicants:  

• Incomplete applications will be rejected without further notice.
• Applications should be submitted only via the given link, applications received via email will be rejected.
• Only short-listed candidates will be notified of the interview.

 

For inquiries, please contact us on weekdays between 9:00 am to 13:00pm via 1613 or email to  [email protected].

Requirements and Qualifications

Minimum Experience

Not Specified