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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Colombo

Full-Time

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

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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.