Jobs

Salary
MVR 14,500 - MVR 15,500
Vacancies
2

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 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 minimum 1-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 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:  

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

Documents to Submit

Documents
  • 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
Published Date
10 March 2022
Expiry Date
17 March 2022