Extended 

Post:            Assistant Consultant

Post Type:   Temporary (One year contract)

Vacancies:   15  

Background

SME Development Finance Corporation in collaboration with Ministry of Economic Development, has initiated a project to support and sustain MSMEs through financial assistance, in part intended to sustain the labor market to preserve employment, in business affected due to the COVID-19 pandemic. Hereof, SDFC is looking for competent and dynamic individuals to work as assistant consultants for the aforesaid project. The expected deliverables and requirements are outlined below.

 Key tasks, responsibilities, and deliverables:  

• Assist customers to assess feasibility of their business proposals, financial statements, budgets, and forecasts by reviewing and comparing with internal and external information and market trends.
• Respond to financial inquiries of customers in relation to business proposals and business opportunities.
• Assist consultants in assessing the creditworthiness customers with emphasis on capacity to borrow, repayment capability, financial ratio analysis, profile of the business and available securities.
• Assist consultants in reviewing financial forecasts of customers and advice and make recommendations to customers on financial feasibility and potential mitigations.
• Assist consultants in providing financial advice to customers by analyzing operational and financial requirement of applicants.
• Assist consultants in 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.
• Assist consultants in providing consultancy solutions to businesses that approach the clinic and recommend options to review committee.
• Assist consultants in presenting findings from the evaluation and finalize credit memo and place for credit review after incorporating committee opinions.
• Provide support on ad hoc requests as required by the Management.

Requirements:

• Minimum bachelor’s degree business, Finance, Marketing or relevant field.
• Minimum 2 years’ experience in business consultancy/advisory preferred.
• Proven experience as business consultant or equivalent.
• Knowledge of diverse business matters such as Finance, IT, Marketing, HR etc.
• Outstanding communication and interpersonal skills.
• Analytical mind with excellent data collection and analysis skills.
• Aptitude in creative problem-solving.
• Proficiency in MS Office tools including Microsoft Excel and PowerPoint.
• 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 15,000 – MVR 16,000 depending on the Qualification and Experience. 

Working Hours:  

• The selected assistant consultants will be required to work from 0800 to 1600 on weekdays.   

Applications, together with (CV/resume, copy of academic certificates, Copy of National ID card, reference letters from current/previous employers supported by nonrelated referees should be submitted using the link https://sdfcmv.aidaform.com/job-application-form-assistant-consultant  before 14^th July 2021, 14:00hours. Only short-listed candidates will be notified.