Post: Monitoring Analyst
No. of Vacancies: 01
Post Type: Permanent
Department: Credit Department
Reporting to: Deputy Manager – Monitoring
Key Tasks, Responsibilities, and Deliverables:
- Key tasks and responsibilities of the post include overall functions of monitoring unit including review of existing facilities and loan products in a timely manner pertaining to the changes in the macro-environment.
- Monitoring of asset portfolio to generate Early Warning Indicators (EWIs) potential areas to focus on and recommend proactive 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 the Corporation’s policies and procedures are followed by monitoring and reviewing 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 with ad hoc requests as required by the management.
Requirements:
- MQA level 5 qualification in Banking/Business/Economics/Accounting and Finance, with a minimum of 1-year experience in relevant fields.
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:
Important notes for 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 8:30 am to 14:30pm via phone 1613 or email to [email protected]