Due Date: 12 May 2024 14:30

Open for Maldivians only*

Housing Development Finance Corporation (HDFC) PLC, established in January 2004, is the only specialized housing finance institution in the Maldives. HDFC is a privatized company with International Shareholders represented by the International Finance Corporation (IFC of World Bank Group), Asian Development Bank, and HDFC Bank Ltd. of India, jointly holding 51% of shares.

HDFC has a vacancy for the right candidate who can provide support to the Recovery Team of the company in the capacity of Recovery Officer.

Job Title: Recovery Officer

Job Type: Contract (Full-time)

Job Description

  • Conduct phone calls to recover due amounts from borrowers toward loan payments.
  • Monitor and maintain log of communications with defaulters for future follow-up and reference.
  • Prepare and send reminders to borrowers toward loan payments.
  • Prepare documents required for legal action and filing.
  • Prepare reports for management and other relevant authorities.
  • Conduct meetings with customers as needed.

Job Requirements

  • Diploma or Bachelors’ Degree in Accounts, Business Administration, Finance or Management.
  • Work experience in the areas of Finance, accounting, or credit analysis would be an added advantage.
  • Good analytical and decision-making skills.
  • Should be an effectual communicator verbally and in writing both Dhivehi and English.
  • Ability to work under pressure.
  • Competent with General Office Software.


  • Salary ranging from MVR 11,000 to 13,000, commensurate with qualifications and experience.

Term of Contract: 12 months (The contract may be extended based on performance)

Interested candidates are requested to submit application, available for download at, along with a CV, copy of ID card, accredited and attested educational certificates, reference letters from current and previous employers, police report, and other supporting documents on or before 12th May 2024, 2:30 pm. Only shortlisted candidates will be contacted for interview.