Account Associate

EastWest Bank; Manila; On-site; PHP 290,000 - 424,000; Full time

Job summary

EastWest Banking Corporation is seeking an Account Associate (Binondo) to join our on-site corporate banking team. The role focuses on setting up credit facilities, encoding loan maturities in T24, and managing daily transactions including collections and renewals.

You will support the RM with data gathering and prepare essential documents to facilitate credit facility operations and client relationships. You will contribute to portfolio growth by producing profitability analyses and basic COMs,

Qualifications

• Bachelor's degree in Economics, Mathematics, Finance, Accountancy, Banking, Business Studies, Administration, Management or equivalent field.
• Fresh graduates with strong scholastic standing are encouraged to apply.
• Must be articulate both in oral and written English and has a good time management and organization skills.
• Knowledgeable in MS Office (Word, Excel, and PowerPoint)

Responsibilities

• Set up approved credit facilities in the Bank's loan system.
• Encode loan maturities and interest due in T24 accurately.
• Monitor and collect principal and interests due; manage daily transactions (availment, re-pricing, extension, renewal).
• Troubleshoot problems encountered in T24.
• Prepare transactional documents like Promissory Note and documents for credit facility establishment/renewal.
• Assist RM in gathering data for establishment/renewal of credit facilities.
• Prepare Account Profitability Analysis and portfolio reports for RM's client portfolio growth.
• Draft simple Credit Offering Memorandum including financial spreads.
• Handle simple credit relationships with minimal RM supervision.
• Encourage clients to avail approved credit facilities and basic deposit products.

Skills

English communication

Time management

Education

Bachelor's degree in Economics/Finance/Accounting

Tools

MS Office

Job description

About the Job

• Location: Binondo
• Corporate Title: Rank and File
• Work Arrangement: On-site

Our Corporate Banking Team is looking for experienced professionals to join us in our Binondosite in the role of Account Associate (Binondo).

In this role, you'll set up credit facilities, accurately manage loan details in the T24 system, and oversee daily transactions like collections and renewals. Your role includes preparing key documents, assisting in credit facility renewals, and managing client relationships, with a focus on encouraging credit facility usage and other basic deposit products.

Your dream. Our focus.

East West Banking Corporation (EastWest) is one of the largest universal banks in the Philippines, and is committed to continuously invest in people and in process, product, and service enhancements, and embrace new ideas to enhance the EastWest experience.

We empower our employees to drive their careers and are committed to provide the runway for them to grow. We value teamwork and individual initiative. Join us and be part of a highly engaged team, and a workplace that promotes development and goal attainment.

Whether you're just starting out, or already a seasoned professional, EastWest can help you unleash your potential, and bridge the gap between dream to success.

What the role will entail

• Set-up approved credit facilities in the Bank's loan system.
• Ensure thorough and accurate encoding of loan maturities and interest due in T24.
• Monitor and collect principal and interests due, and manage daily transactions (availment, re-pricing, extension, renewal etc.).
• Troubleshoot problems encountered in T24.
• Prepare transactional documents like Promissory Note (PN) as well as documents needed upon establishment/renewal of credit facilities to ensure smooth operation of the credit facility.
• Assist the Relationship Manager (RM) in gathering data for establishment/renewal of credit facilities.
• Prepare Account Profitability Analysis (APA) and portfolio reports to assist the RM in the overall management and growth of the RM's client portfolio.
• Draft simple Credit Offering Memorandum (COM) including preparation of financial spreads.
• Handle simple credit relationships with minimal supervision from the RM.
• Encourage clients to avail of approved credit facilities and other basic deposit products.

What we're looking for

• Bachelor's degree in either Economics, Mathematics, Finance, Accountancy, Banking, Business Studies, Administration, Management or equivalent field
• Fresh graduates with strong scholastic standing are encouraged to apply.
• Must be articulate both in oral and written English and has a good time management and organization skills.
• Knowledgeable in MS Office (Word, Excel, and PowerPoint)

What you can expect from joining our team

• Career development and training opportunities.
• Competitive salary package and benefits.
• Performance-based incentives and recognition programs to reward high-performing individuals.
• Opportunity to work with industry experts and be mentored by them.
• Defined career progression paths to guide you in your professional growth.