Credit Associate

BPI DIRECT BANKO,INC. A SAVINGS BANK; Burgos; On-site; PHP 250,000 - 420,000; Full time

Job summary

BPI Direct BanKo, Inc., a microfinance subsidiary of BPI, seeks a Credit Associate to assess repayment capacity for new and existing loan applicants and support credit decisions.

You will review applications, verify data, perform field visits, and help strengthen credit knowledge among branch staff through workshops and presentations.

Qualifications

• Minimum 2 years of working experience in microfinance or banking.
• Graduate of a 4-year degree in Finance/Management/Economics.
• Familiarity with the branch community and local networks.
• Willing to do field work 95% of the time.

Responsibilities

• Review and check applications conducted by loan associates.
• Ensure data and information is accurate and of acceptable quality.
• Check applicant’s eligibility criteria.
• Conduct site visits at client’s business premises to verify information.
• Identify and verify outstanding information or discrepancies in loan applications.
• Establish Willingness and Capacity‑to‑Pay as required in the Credit Process.
• Submit loan applications for approval/rejection to Credit Officer or committee.
• Participate in credit analysis workshops and develop case studies.
• Organize presentations on credit analysis to improve knowledge of loan officers.
• Assist Credit Officer in setting quarterly and annual targets.
• Perform other tasks as assigned by supervisor.

Skills

Microfinance banking experience

Field work readiness

Education

Bachelor's degree in Finance/Management/Economics

Job description

ABOUT THE ROLE

The Credit Associate is responsible, in some cases even through field visits, for checking and assessing the capacity of repayment of new and existing loan applicants. Participates in credit committee meetings to enhance the decision-making process to extend credit to these clients and is in charge of developing the credit knowledge and credit skills among the members of the Branch.

• Review and check applications conducted by loan associates.
• Ensure data and information is accurate and of acceptable quality.
• Check applicant’s eligibility criteria.
• Conduct site visits at client’s business premises (on a sample basis), to verify the existence of clients and accuracy of the information captured by loan associates.
• Identify and verify outstanding information, and / or discrepancies in loan application
• Establish client Willingness and Capacity-to-Pay, as required in the Credit Process and Credit Evaluation Manual.
• Submit for approval/rejection loan applications to Credit Officer or credit committee within approved mandate.
• Participate and facilitate credit analysis workshops and develop case studies.
• Periodically organize presentations on credit analysis of certain types of businesses, to improve the technical knowledge of loan officers.
• Assist to Credit Officer in setting quarterly and annually performance targets
• Perform other tasks as assigned by supervisor.

WHAT WE ARE LOOKING FOR

• Graduate of a 4-year degree course, preferably in business-related disciplines (Finance /Management/ Economics, etc.)
• Minimum of 2 years of successful working experience in microfinance or banking, with some knowledge and experience in Individual lending
• Familiarity with the community of the branch (main markets, target segment, local network and connections, etc.).
• Willing to do field work (95% of the time).

ABOUT US

BPI Direct BanKo, Inc., a wholly owned subsidiary of the Bank of the Philippine Islands (BPI), is committed to advancing financial inclusion. Through accessible, convenient, and affordable loan products, BanKo empowers self-employed microentrepreneurs (SEMEs) to fuel their operations and business growth. By enhancing the financial capabilities of its clients, BanKo aspires to positively impact their quality of life and play a pivotal role in fostering the economic growth of the Philippines.