Head of Credit job from Sarvodaya Development Finance Limited in Colombo, Sri Lanka

Friday 9th, July 2021

Sarvodaya Development Finance Limited

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Accounting / Auditing Banking and Financial Services Business Management Recoveries Senior Management / Directors


Sarvodaya Development Finance Limited (SDF) is a reputed licensed finance company under the supervision of the Central Bank of Sri Lanka. It has been recognized as the fastest-growing development finance company for 2021 by Global Banking & Finance Review. SDF has nearly 30 Years of committed history in providing Development Financial Services to the village & rural entrepreneurs across the country by serving through 30 branches & 21 Service centres

Key Responsibilities
  • Responsible to implement the Credit Management Framework for the lending products in line with the risk appetite and strategy of the company. 
  • Establish compliance with the governance framework provided by the Central Bank of Sri Lanka.
  • Establish effective credit control processes and operations to ensure compliance with the credit risk guidelines. 
  • Approve and review lending products and maintain a quality lending portfolio. 
  • Exercise sound judgment when approving credit under delegated lending limits to ensure good quality assets are booked Keep credit losses and collection/recovery costs at a minimum level Improve credit quality by drawing observations from intake of non-performing advances, disseminate the lending points through training opportunities and lessons learned 
  • Balance the requirement of growth and the bank's conservative credit culture
Qualifications & Skills
  • University Degree or a full professional qualification from a recognized institution in the field of Finance, Business Management or Economics Diploma in Credit Management from a recognized institution would be a distinct advantage 
  • 12-15 years overall experience in a Credit Risk Management Function. 
  • Possess strong analytical skills, finance, and accounting knowledge 
  • Ability to think outside the box, work independently and be solution-oriented 
  • Understand the macroeconomic landscape, market trends, and how these will impact the Company's Risk Profile 
  • A Strong orientation of Portfolio and Data Analytics for business-driven decisions. 
  • Strategic thinking and change management skills. 
  • Excellent communication skills. 
  • Solid team management skills. 
  • Attention to detail and foresight to mitigate risks.

Skills required

Solid team management skills.

Ability to think outside the box

A Strong orientation of Portfolio and Data Analytics for business-driven decisions

Strategic thinking and change management skills.

Excellent communication skills.