Credit Analyst

BDO Unibank; Cebu City; On-site; PHP 600,000 - 900,000; Full time

Job summary

BDO Unibank in Cebu City, Philippines, seeks a Corporate Credit Analyst to evaluate commercial borrowing accounts and facilities across bank products. You will gather financial data, perform due diligence, and prepare executive summaries with risk assessment and recommendations.

The role requires strong analytical skills, experience in credit evaluation for loans, LC's, trust and treasury, and proactive monitoring to uphold high credit standards.

Responsibilities

• Initiate the regular and timely credit evaluation process of new and pre-assigned existing commercial borrowing accounts including group accounts.
• Ensure that required documents (Credit Investigation Report, audited/interim financial statements, financial analysis, industry data) are obtained on time.
• Conduct site/plant visits to verify business activity and prepare timely call memoranda.
• Provide a comprehensive Executive Summary covering background, business outlook, financial analysis, risks, and financing recommendations.
• Maintain orderly filing of data, working papers, call memoranda, and executive summaries in CRC folders.
• Pro-actively manage credit risks by ensuring accounts are properly graded and risk rated.
• Conduct industry research to understand the client, including industry performance, players, risks, and success factors.
• Regularly compile industry indices and benchmarks to evaluate borrower performance.
• Monitor early warning signals and recommend actions to improve portfolio quality.
• Adhere to Bank credit and risk policies to support a strong risk culture across units.

Job description

Primarily responsible for the credit evaluation of the Bank’s corporate risk assets across bank products (e.g. loans, LC's, Trust, Treasury, etc.). The jobholder has the responsibility of ensuring that the highest standards of credit due diligence is conducted on all Commercial Banking (Combank) accounts with credit facilities as documented via the Executive Summary and Credit Proposal.

Duties and Responsibilities

• Initiate the regular and timely credit evaluation process of new and pre-assigned existing commercial borrowing accounts including group accounts. Evaluation responsibilities include the following:
  • Ensure that the following are requested and obtained on time and prior to review schedule:
    • Credit Investigation Report
    • Audited and interim financial statements (as applicable)
    • Financial spreadsheet and financial analysis
    • Relevant industry and market studies/data
    • Validation of the information obtained from above with the customer (as applicable)
    • Other pertinent information required to conduct the appropriate credit review
• Conduct a site/plant visit of customer’s facilities to verify present business activity and provide a timely call memorandum.
• Provide a comprehensive Executive Summary, which encompasses the following:
  • Brief Company background
  • Business Outlook
  • Historical and projected financial analysis
  • Key risks and mitigating factors
  • Assessment of the financing package & Recommendation
• Ensure that the above data/documents, working papers, call memorandum & relevant correspondences and Executive Summary are orderly filed in CRC folders.
• Pro-actively manage the credit risks presented by the Bank’s portfolio of corporate risk assets by ensuring accounts are properly graded and risk rated at all times.
• Research and review on the various industries/businesses to ensure understanding of the company being assessed and subsequently provide approving officers/body with the following information:
  • Historical performance of the industry
  • Major players in the industry and their financial performance
  • Key risk areas affecting the industry
  • Critical success factors for industry players
  • Prospects for the near term
• Regularly compile industry indices and financial benchmarks to evaluate performance of borrowers vis-a-vis the industry.
• Closely monitor early warning signals/indicators, such as declining deposit ADBs/volumes, frequent requests for loan extensions and payment default and as necessary, recommend appropriate courses of action to improve the portfolio.
• Adhere to the Bank’s credit and risk policies and guidelines and in so doing, contribute to RMG’s goal of promoting a strong credit and risk culture across groups/units within the Bank.
• Perform duties within the general scope of aforementioned tasks as may be assigned by Team Head.