Jobs

Salary
MVR 26,000+
Employment Type
Full-Time
Island
Male' City, Male'

Details

Salary and Benefits
MVR 26,000+
Job Description

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: Manager – Credit  

Department: Credit Department

Job Type: Full-Time

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

Vacancies: 01

 Job Description

  1. Credit Operations Management
  • Review and analyze credit proposals and recommend approval based on policy guidelines.
  • Ensure timely processing and disbursement of credit facilities.
  1. Compliance and Policy Implementation
  • Ensure compliance with internal credit policies and regulatory frameworks.
  • Support in reviewing and updating credit policies and SOPs.
  • Conduct periodic checks to ensure adherence to underwriting standards.
  1. Risk Monitoring and Reporting
  • Identify emerging credit risks and support the management or mitigation of such risks.
  • Assist in the preparation of credit reports and portfolio analysis.
  • Maintain accurate credit files and documentation for audit and regulatory purposes
  1. Customer Service and Internal Coordination
  • Manage customer concerns and ensure timely resolution.
  • Conduct periodic credit review of existing customers.
  • Coordinate with other departments to ensure seamless credit processing and recovery operations.
  • Support customer education on credit products and responsible borrowing.
  1. Strategic Contribution and System Improvement
  • Contribute to credit product development and process improvements.
  • Support digitalization and automation initiatives within credit operations.
  • Participate in internal committees and working groups.
  1. Supervision and Team Support
  • Supervise day-to-day activities of Credit Officers and Analysts.
  • Provide guidance, training, and support to team members.
  • Delegate tasks and ensure efficient workflow within the department.

Job Requirements & other competencies

  • Bachelor's degree in finance, Banking, Business Administration, Economics, or related field.
  • Professional certifications in credit analysis or risk management would be an advantage.
  • 5–7 years of experience in credit or lending functions with at least 2 years in a supervisory or managerial capacity within a financial institution.

Salary: Salary ranging from MVR 26,000 to MVR 27,000 commensurate with qualifications and experience.

Other Benefits:

  • Staff Health Insurance Plan
  • Staff Loan Scheme
  • Annual Bonus
  • Training and development opportunities.

Working Hours: The selected candidate will be required to work from 08:00 to 16:00 hrs., from Sunday – Thursday.

Application process: Interested candidates are requested to fill out the application form and submit the required documents via the following link:

https://form.jotform.com/243588907905471

Deadline for submission: On or before 9th July 2025, 2:30 PM

Note: Only shortlisted candidates will be contacted for an interview.

Human Resource Department

Housing Development Finance Corporation Plc., 3rd Floor,

Tel: +960 3334666; Fax: +960 3315138; email: [email protected]

Requirements and Qualifications

Minimum Experience
Not Specified
Minimum Qualification
Bachelor’s Degree

Other Information

Employment Type
  • Full-Time

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