BE PART OF THE TEAM
ASSISTANT MANAGER (1) – RETAIL DISBURSEMENT / CREDIT ADMINISTRATION
Job Scope
Responsible for managing the disbursement of financing facilities and all activities in credit administration in compliance with policies and Shairah guidelines.
Ensure timely and error free processing, maintain accurate records, and deliver exceptional service quality. Collaborate with the cross-functional teams to enhance operational efficiency, address customer concerns promptly and achieve performance targets.
KEY RESPONSIBILITIES
Disbursement Verification: Review and ensure the timely disbursement of facilities in accordance with internal policies, credit approval conditions, and stipulated terms.
Documentation Compliance: Verify the completeness and accuracy of all financing documentation, ensuring alignment with the SOPs, Financing Risk Policy and Procedures, including finance amounts, terms, customer mandates, and authorized signatories before approval.
Post-Disbursement Monitoring: Continuously monitor compliance with approved financing terms and conditions, reviewing facility expirations and ensuring adherence to all specified requirements.
Confidentiality and Document Management: Maintain the confidentiality and security of financing documents, ensuring they are properly archived and stored in compliance with the organization’s archiving policies.
Team Supervision: Oversee and manage the daily operations of assigned staff, ensuring efficient workflow and operational consistency.
Issue Monitoring and Reporting: Identify and report any irregularities, overdue payments, or documentation discrepancies, escalating issues to the Unit Head as necessary.
Core Banking System Oversight: Manage and monitor the core banking system, particularly the IIS and FMS modules, and collaborate with the System Testing & Automation Unit to address and resolve system-related issues in a timely manner.
Other Responsibilities: Fulfill additional tasks assigned by management, contributing to the smooth functioning of the department.
Assist in Defining and maintenance of policies and SOPs for ERM framework components (risk register, RCSAs, issue management, incident management).
Risk monitoring through Key Risk Indicators (KRIs) and assessing the adequacy of controls to manage such risks.
Internal and external loss data collection and management, incident reporting mechanism, data transformation, analysis, aggregation, and reporting.
Business process mapping, business, and risk type segmentation.
Keep abreast with the latest risk management practices and/or standards and proactively adapt these practices and/or standards where appropriate.
REQUIREMENTS
Bachelor’s degree in accounting, Finance or Business-related field
Diploma in related field with minimum 03 years of work experience in a similar field
Minimum 02 years’ work experience in a related field
Knowledge and work experience in banking & finance field will be an advantage
Highly driven and self-motivated individuals with good interpersonal, communication and negotiation skills
Fluency in oral and written communication in Dhivehi as well in English
Proficiency in Microsoft Office applications
Documents required with application.
Curriculum Vitae (CV) / Resume,
Attested educational certificates,
National ID card copy,
Passport Size Photo
Police Report (validity less than 06 months)
Deadline:
Date: 06 February 2025
Time: 14:30
Inquiries
Should you have any inquiries please send us an email to [email protected].
REMUNERATION
Competitive Salary
Performance-based bonus
Annual Increment
Health insurance for staff and direct dependents
Professional growth and development
Exclusive employee benefits on bank's products.
Please note that only shortlisted candidates will be contacted to attend interview.