Housing Development Finance Corporation (HDFC) Plc is the Maldives' only specialized housing finance institution, committed to improving access to affordable housing through innovative and sustainable financing solutions. Established in 2004, HDFC is supported by reputable international shareholders, including the International Finance Corporation (IFC), Asian Development Bank (ADB), and HDFC Bank Ltd, India. HDFC plays a vital role in supporting homeownership and housing development across the Maldives through responsible lending, customer-focused service, and sound financial management.

Job Description

1.    Loan Recovery & Follow-up

• Conduct phone calls and send reminders to borrowers for overdue payments.
• Make house visits when required to follow up on delinquent accounts.
• Monitor assigned accounts and ensure timely repayment to avoid slippage into NPLs.
• Build and maintain positive relationships with borrowers.

2.    Documentation & Record-Keeping

• Record all details of borrower communications, including meeting minutes, for follow-up and reference.
• Prepare documents required for legal action and ensure timely filing of cases.
• Support mortgage enforcement and auction procedures when required.

3.    Reporting Support

• Provide inputs for monthly recovery progress reports.
• Assist in gathering information for CRIB reporting and other relevant submissions.

4.    Team Contribution

• Support colleagues in achieving overall departmental recovery targets.
• Undertake other tasks assigned by supervisors to support the department’s operations.

Qualification Requirements

• Bachelor's in Banking and Finance, Business Administration, Management or a related field with a minimum of one (1) year of relevant work experience; or
• Diploma in Finance, Business Administration, Management or a related field with a minimum of two (2) years of relevant work experience.
• Preference will be given to candidates with prior experience in debt recovery and collections, credit control, banking, lending operations, or financial services.

Competencies

• Customer Focus
• Analytical Thinking
• Attention to Detail
• Risk Assessment
• Communication and Negotiation Skills
• Teamwork and Collaboration

Salary: Competitive salary based on qualifications and experience.

Other Benefits:

• Staff Health Insurance Scheme
• Staff Loan Scheme
• Annual Bonus
• Training and Professional Development Opportunities

Documents Required:

• Interested candidates are requested to complete the online application form and upload the required supporting documents via the link: Application Form

Deadline for Application submission: Applications must be submitted no later than 20^th August 2026, 14:00 hrs.

Note: Applications will be only accepted through the online application form, and only shortlisted candidates will be contacted for an interview.

Human Resource Department

Housing Development Finance Corporation Plc., 3^rd Floor,

Tel: +960 3334666; email: [email protected]