Senior Credit Analyst Expired

SME DEVELOPMENT FINANCE CORPORATION PVT LTD

Salary

MVR 19,000 - MVR 20,000

Details

Salary and Benefits: MVR 19,000 - MVR 20,000

Job Description

TERMS OF REFERENCE (TOR)

Post: Senior Credit Analyst

No of Vacancies: 01                    

Post Type: Full time

Department: Credit Department

Reporting to: Head of Credit

Key tasks, responsibilities and deliverables:

Identify potential SME businesses and assess the creditworthiness of a small or medium sized business with emphasis on capacity to borrow, repayment capability, financial ratio analysis, profile of the business and available securities.
Evaluating the commercial feasibility of SME loan proposals by analyzing the business model, identifying strengths, weakness, risks, understanding the revenue models, management capability and the corporate structure of the businesses.
Conducting visits to customers to have better understanding of business cycle, judge feasibility of proposed transaction, verify the business viability before finalizing the proposal.
Placing for a credit decision to the appropriate approval authority after through credit analysis of the loan application.
Perform periodic review and evaluation of existing customers based on qualitative and quantitative framework and recommend appropriate actions to the management.
Follow-up with delinquent customers.
Co-ordinate with Recovery and legal staff in recovery of high risk and problematic loans.
Monitoring of asset portfolio to generate early warning signals, potential areas to focus and recommend pro-active measures to the management.
Ensuring that Corporation’s policies and procedures are followed in credit underwriting and approval, verification and any exceptions are regularly reported to the management.
Involve in establishing of new procedures and assessing gaps in policies and procedures and recommending improvements from time to time.
Monitoring financial regulations set by MMA that are relevant to the Corporation and suggest appropriate actions to the Management.
Participation in internal meetings for review and determine areas for process improvements.
Conducting research on a continuous basis on major industries and use external data to develop benchmarks for comparing performance and capacity of SME businesses.
Generate and update various portfolio related MIS for the Management.
Advise to the Management in formulating criteria for new products and involve in the development of new products.
Liaison with other departments for achievement of common goals of the Corporation
Provide support on ad hoc requests as required by the Management.

Requirements and Qualifications:

MQA level 7 or 8 qualification of Business/Economics/Finance/Banking.

OR,

MQA level 5 or 6 qualification of Business/ Economics /Finance/Banking with Minimum 05 years’ experience in relevant field.

Other Competencies required:

Strong analytical, problem-solving and decision-making skills with the ability to adapt to change.

In-depth knowledge of local business environment and supply chain.
Excellent interpersonal and communication skills.  
Excellent computer skills including processing of word documents, spreadsheets and databases. 
Familiarity with trade, economic development, and development of private sector in the Maldives. 
Experience in the banking or financial services industry would be an added advantage.

Remuneration package:

Gross pay between MVR 19,000 – MVR 20,000 depending on the Qualification and Experience.

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 from 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-senior-credit-analyst7 before 28^th November 2021, 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 for interview.

For inquiries, please contact us on weekdays between 9:00am to 14:00pm via phone 3026015 / 3026016 or email to [email protected]