Job Summary
Job Summary
About the Company: SJDA was established in 1984 and incorporated as a Company limited by guarantee under section 23 of the Companies Act 1913 (now, section 42 of the Companies Act, 2017) on October 30, 1984. The objective of establishing SJDA is to promote the socio-economic progress of the communities by developing and supporting programs and institutions.
SJDA is implementing a poverty graduation program named, the Family Economic Advancement Program (FEAP) across the Country for the marginalized and low-income segments of the communities, to advance them out of poverty on a sustainable basis.
Position Description
SJDA is seeking applications for the position of Access to Finance Officer, having the required expertise and experience.
SJDA has partnered with a couple of banks to provide flexible loans on easy terms to low-income households in selected areas across Pakistan to undertake livelihood and income-generating activities. As part of this initiative, SJDA is seeking dedicated and dynamic Access to Finance Officers to join our team. The Access to Finance Officer will play a crucial role in educating and coordinating with the beneficiaries to provide financial awareness and loan repayment to the bank.
Role and Responsibilities:
Primary responsibilities will include:
- Financial Awareness & Advisory: Educate beneficiaries on responsible financial management, loan repayment strategies, and financial planning through regular awareness sessions and one-on-one guidance.
- Loan Repayment Facilitation: Assist beneficiaries in understanding repayment schedules, track repayment performance, and provide timely reminders for upcoming loan installments.
- Overdue Payment Follow-Up: Engage with beneficiaries facing repayment difficulties, assess reasons for delays, and offer tailored support, including financial counseling and guidance on sustainable repayment solutions.
- Stakeholder Coordination: Work closely with financial institutions, internal teams, community leaders, and nominated volunteers to enhance financial inclusion and ensure smooth repayment processes.
- Loan Recovery & Strategy Implementation: Develop and monitor strategies to improve repayment compliance, mitigate default risks, and strengthen the overall loan recovery process.
- Field Engagement & Assessment: Conduct periodic field visits to assess beneficiaries’ financial situations, offer advisory support, and gather insights to improve financial literacy and repayment behavior.
- Record-Keeping & Reporting: Maintain comprehensive records of repayments, delays, and challenges. Prepare detailed reports on repayment trends, overdue cases, and proposed improvements for management review.
- Issue Resolution & Continuous Improvement: Collaborate with banking partners and internal teams to resolve repayment-related issues efficiently and contribute to the continuous enhancement of financial access initiatives.
- Any other tasks assigned by the reporting manager.
Required Skills
Required Qualification and Skills
Qualifications:
- At least a Bachelor's degree in Banking and Finance, Business Management or in the relevant field.
Experience and Skills:
- Minimum 3 years of experience in relevant field.
- Experience in loan recovery, preferably in a financial institution.
- Excellent negotiation, communication, and interpersonal skills.
- Confident and assertive.
- Ability to work independently and as part of a team.
- Strong problem-solving skills and attention to detail.
- Proficiency in using computer applications for record-keeping and reporting.
- Familiarity with the lending sector in Pakistan would be a plus.
- Willingness to travel and conduct field and home visits on a regular basis.
- Can ride a motorcycle.