Microfinance Bhutan Private limited is pleased to invite application for the post of a Credit Assistant as given below:
Employer
Microfinance Bhutan Private Limited
Position
Credit Assistant
Office Location
Genyen Lam- SW, Adjacent to FITI Building, Thimphu
Grade
O3
Employment Type
Regular
Basic Pay
20,114/-
Housing Allowance
20% of Basic Pay
Provident Fund
10% of Basic Pay
Communication Allowance
As per MBPL SRR, 2024
Conveyance Allowance
As per MBPL SRR, 2024
Cash Handling Allowance
As per MBPL SRR, 2024
Gratuity
Eligible on minimum five years of continuous active service
Other Benefits
As per MBPL SRR, 2024
Qualifications & Skills
Class XII commerce pass only
Class XII – 60% (English + 3 best subjects)
Ability to assess the financial health of clients, analyze credit reports, and understand financial statements.
Strong attention to detail when reviewing credit applications and accounts.
Excellent verbal and written communication to liaise with clients, internal teams, and external stakeholders.
Ability to negotiate terms and follow up with clients regarding payments or overdue accounts.
Accuracy is critical in processing credit applications, managing credit limits, and maintaining financial records.
Ability to identify potential credit risks and recommend actions to mitigate them.
Skills in resolving disputes and finding solutions for late payments or issues with clients.
Strong time management abilities and the capacity to handle multiple tasks and deadlines simultaneously.
Understanding of credit policies, risk assessment methods, and financial regulations.
Ability to monitor credit limits, set payment terms, and manage outstanding payments.
Ability to negotiate repayment terms with customers, ensuring that payment deadlines are met without compromising customer relationships.
Ability to work in teams, especially with other finance and accounting professionals, to ensure smooth credit operations.
Strong customer focus and professionalism when dealing with clients and resolving issues related to credit.
Documents Required:
MBPL employment application form. ( Available in our website- Downloads)
Resume
Copies of relevant academic and any other training certificates
Copy of valid Bhutanese Citizenship Identity Card
Work experience certificate
Valid medical fitness certificate of six months validity
Security Clearance Certificate
Royal Audit Clearnce Certificate wherever applicable
Any other document and testimonials, as may be applicable to the post
Candidates fulfilling above criteria and documents requirement may submit their relevant documents along with MBPL job application form in one pdf file to adminhr@mbpl.bt or contact 77194044/77194043 during office hours 9:00-17:00 by April 29,2025.
Terms of Reference
Reports to Credit Head and Credit Officer
Objective:
To support the credit department and management in assessing loan applications, maintaining accurate records, and ensuring compliance with regulatory standards.
Responsibilities:
Assist in reviewing loan applicants and determining applicant eligibility based on established criteria.
Conduct preliminary checks on applicant financial documents and credit histories.
Prepare loan documentation and ensure all necessary paperwork is completed accurately
Assist in conducting credit assessments and risk evaluations.
Maintain comprehensive and up-to-date records of loan applications, approvals, and disbursements.
Provide support in monitoring loan repayment schedules and following up with clients on overdue payments
Assist in preparing reports on credit activities and portfolio performance
Collaborate with other departments to ensure compliance with regulatory requirements and internal policies.
Provide administrative support to the credit department as needed
Weekly report of loan closed, loan disbursement, loan payment and Non- Performing Loans (NPL) follow up report to Credit Officer/ Credit Head
