Account Associate (Binondo)

EastWest Bank; Manila; On-site; PHP 300,000 - 460,000; Full time

Benefits offered by this job

Career development and training opportunities

Competitive salary package

Performance-based incentives

Mentorship by industry experts

Defined career progression paths

Job summary

A financial institution in Manila is seeking an experienced Account Associate to join their Corporate Banking Team based in Binondo. The candidate will be responsible for setting up credit facilities, managing loan details in the T24 system, and monitoring daily transactions. Strong communication skills in English and a related Bachelor's degree are required. Fresh graduates with strong academic standing are encouraged to apply. This role promises career development and competitive benefits.

Qualifications

• Bachelor's degree in Economics, Mathematics, Finance, Accountancy, Banking, or equivalent.
• Fresh graduates with strong academic performance are encouraged to apply.
• Must be articulate in English and possess good time management and organizational skills.
• Proficiency in MS Office (Word, Excel, PowerPoint)

Responsibilities

• Set up credit facilities in the Bank's loan system.
• Encode loan maturities and interest due accurately.
• Monitor and collect principal and interests due.
• Prepare transactional documents like Promissory Notes.
• Assist in gathering data for credit facility establishment.
• Assist RM in gathering data for establishment/renewal of credit facilities.
• Prepare Account Profitability Analysis (APA) and portfolio reports for RM.
• Draft simple Credit Offering Memorandum (COM) including financial spreads.
• Handle simple credit relationships with minimal supervision from the RM.
• Encourage clients to avail of approved credit facilities and basic deposit products.

Skills

Oral and written communication skills

Time management

Organization skills

Knowledge of MS Office

Education

Bachelor's degree in a relevant field

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 Binondo site 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.

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.