Risk Analyst - SME Development Finance Corporation

Application ends: 29 Jan 2024

Job Description


Post: Risk Analyst  

No of Vacancies: 01                     

Post Type: Full time 

Department: Risk & Compliance Department  

Reporting to: Deputy Manager – Risk & Compliance 

Key tasks, responsibilities, and deliverables:   

  • Help monitor on an on-going basis the risk-taking activity, the risk exposures in line with the Board approved risk appetite, the risk limit, and the breach of limit. 
  • Assist in the performance of risk research and analysis on the Corporation’s risk profile considering the Corporation’s risk appetite and develop Risk Dashboard for Management reporting. 
  • Assist in identifying external and internal events that may impact the Corporation, assess implications, and recommend approaches to mitigate resulting risks. 
  • Coordinate with all functional areas across the Corporation to develop effective and feasible solutions for risk management. 
  • Work closely with all functional areas to identify potential areas of risk vulnerability and develop corrective action plans. 
  • Coordinate and actively support in developing and continually seeking to review and improve the risk management policies and procedures. 
  • Promote cultural awareness of risk management practices within the Corporation and conduct training/awareness programs on regular basis. 
  • Provide support for ad hoc requests as required by the Management. 

Requirements and Qualifications:     

MQA level 5 qualification in Legal/Audit/ Finance/Banking with minimum 01 years’ experience in relevant field (prior experience in compliance, legal and/or risk management). 

Other Competencies required:  

  • Demonstrated awareness of and exposure to bank operations, systems, processes, internal policies and procedures, and industry best practice for Risk management. 
  • Understanding of Risk Management best practice standards. 
  • Analytical approach and proactive attitude to managing issues. 
  • Applicants with advanced proficiency in Microsoft Office will be given higher priority. 
  • Excellent interpersonal skills along with communication skills including verbal and written, with strong emphasis on report writing and presentation capabilities. 
  • Excellent computer skills including processing of word documents, spreadsheets, and databases. 
  • Familiarity with trade, economic development, and development of private sector in the Maldives. 

Remuneration package: 

Gross pay is between MVR14,500 – MVR 15,500 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 valid National Identity Card.   
  • Copies of academic certificates with transcripts. (International certificates must be accredited by 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-risk-analyst1   29th January 2024, 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 an interview. 

For inquiries, please contact us on weekdays between 9:00 am to 14:00 pm via phone at 3026016 / 3026018 or email to careers@sdfc.mv

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