Details

Salary and Benefits

MVR 14,500 - MVR 15,500

Job Description

TERMS OF REFERENCE (TOR) 

 

Post: Monitoring Analyst 

No. of Vacancies: 02               

Post Type:  Full time  

Department:    Credit Department  

Reporting to: Assistant Manager – Product & Monitoring  

 

Key Tasks, Responsibilities, and Deliverables:    

• Key tasks and responsibilities of the post include overall functions of product and 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 pro-active measures to the management. 
• Conduct regular credit reviews to identify 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 business 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 or 6 qualifications of Business/ Economics /Finance/Banking with Minimum 01-year 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 14,500 – MVR 15,500 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 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-analyst60  before 12th December , 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 14:00pm via phone 3026015 / 3026016 or email to [email protected]  

Requirements and Qualifications

Minimum Experience

Not Specified