Applications Called for Islamic Home Finance Officer – HDFC Amna

BACKGROUND

HDFC PLC of Maldives was established in 2004 and privatized in 2008 with a majority international joint-shareholding by IFC, ADB and HDFC Investments Ltd. of India, while the Government of Maldives continues as a stakeholder with the balance shares. In our continuous effort to improve housing finance solutions to the Maldivian Citizens, we have launched Islamic Compliant products through a Shari’ah Window, HDFC Amna, which was established on May 26, 2012. The Islamic Division of HDFC (Amna) is approved by the Maldives Monetary Authority, and its progress over this short period has been very promising with a growing demand for Islamic Home Finance solutions to improve living conditions in the Maldives.

In order to ensure that we offer service excellence to our customers, we seek a dynamic and dedicated candidate who can meet the criteria laid down below in order to fulfill the unique responsibilities and duties demanded by the Islamic Finance Division of HDFC PLC.

Job Title: Islamic Home Finance Officer

Duties and Responsibilities to include:

1. Offer a highly personalized service to customers from the beginning to the end by counseling, evaluating and appraising Home Finance Applications under Islamic Compliant Product Structure with strict adherence to Shari’ah risk management principles, policies and HDFC’s underwriting guidelines.
2. Ensure that HDFC- Amna operations are carried out in full compliance with the Shari’ah values, ethical business practices, and within the legal framework.
3. Understand customer needs and contribute to the development of new and better Islamic financial products.
4. Preparing Shari’ah Compliance Reports in accordance with regulatory framework.
5. Ensure that HDFC Amna offers products, processes and services that are Shari’ah compliant at all times.

Required Qualifications, Skills & Experience:-

• University Degree in Islamic Finance.

• Preference will be given to those candidates specialized in Accounting, Banking or Financial Services.

• Good analytical skills.

• Excellent communication skills.

• IT skills and ability to work in a computerized environment.

• Previous experience with Islamic products or the FS Sector will be an added advantage.

• Additional Qualification/s in finance and accounting would be a further advantage.

Remuneration

Successful candidate will be rewarded with an excellent package that included a basic salary, cost of living allowance, food allowance and medical insurance cover. Interested candidates are requested to submit an application (downloadable from website: www.hdfc.com.mv) with the CV, copy of ID card, copies of attested educational certificates and other supporting documents on or before 2:30 pm on December15, 2015.

Only shortlisted candidates will be contacted for interview.

Human Resource Department

Housing Development Finance Corporation PLC.

4^th Floor, H. Mialani, Sosun Magu, Male’ Rep. of Maldives

Tel: +960 3338810; Fax: 3315138; email: [email protected]