SME Development Finance Corporation.
Maldives
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:
- Required documents should be submitted using the link: https://sdfcmv.aidaform.com/job-application-form-recovery-assistant3 before 20th September 2021, 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 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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