SME Development Finance Corporation.
Maldives
Recovery Assistant

Cancelled on 31 October 2021 10:44


TERMS OF REFERENCE (TOR)

 

Post: Recovery Assistant

No of Vacancy: 01

Post Type: Full time

Department: Finance Department

Reporting to: Finance Manager

 

Key Tasks, Responsibilities and Deliverables:

  • Serve as a primary point of contact with overdue/ default customers.
  • Issue monthly bills to customers for repayment.
  • Initiate reminder and demand SMS, emails, and letters to all customers.
  • Issue direct debit requests to bank for customers with standing orders with the Corporation. 
  • Respond to all customer inquiries regarding recovery / repayment in a timely and appropriate manner.
  • Maintain up to date and complete records of customers loan accounts.
  • Provide support for the day-to-day operations related to recovery.
  • Liaise with credit department in negotiations / meetings with customers for refinancing, rescheduling, and restructuring of overdue loans.
  • Liaise with legal department to issue notices and assist with providing essential information for litigation cases.
  • Assist in providing necessary documentation required for the sale of securities and recovery of debt after other remedial strategies have been exhausted.
  • Assist in classification and declassification of customer accounts based on repayment history as per regulatory requirements and recovery procedures/ policy.
  • Assist in compiling statistics and reports for management review.
  • Carry out other works as may be required by the management from time to time.

Requirements:

  • GCE A Level minimum two ‘C’ pass and SSC Dhivehi pass. OR,
  • GCE O Level minimum three ‘C’ pass and SSC Dhivehi pass with 3 years’ relevant experience.

Other Competencies required:

  • Should be a proficient user of MS Office software package (specially Microsoft Excel).
  • Strong analytical, problem-solving, and decision-making skills.
  • Should be able to independently draft and type letters, internal memo’s etc. in Dhivehi and English.
  • Excellent interpersonal and communication skills.
  • Experience in recovery/banking/financial sector will be an added advantage.

Remuneration Package:

       • Gross pay between MVR 12,000 –MVR 13,000 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 from 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 for interview.

 

For inquiries, please contact us on weekdays between 9:00am to 14:00pm via phone 3026015 / 3026016 or email to [email protected].

13 September 2021
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