Credit Associate

BPI DIRECT BANKO,INC. A SAVINGS BANK; General Trias; On-site; PHP 400,000 - 650,000; Full time

Job summary

BPI DIRECT BANKO, INC. A SAVINGS BANK is seeking a Credit Associate to evaluate loan applications, verify data, and perform field checks.

The role involves frequent site visits to client premises and collaborating with the Credit Officer and committee to approve or reject credits. Ideal candidates have a 4-year business degree, at least 2 years in microfinance or banking, and are willing to travel extensively within the branch's community to gather accurate information and enhance credit

Qualifications

• 2 years of microfinance or banking experience, with knowledge of individual lending.
• Graduate of a 4-year degree in business-related disciplines.
• Willing to do field work (approximately 95% of the time).

Responsibilities

• Review and check loan applications and ensure data accuracy.
• Check applicant’s eligibility criteria and verify information.
• Conduct site visits to client premises to verify information.
• Submit loan decisions to Credit Officer or credit committee within the approved mandate.
• Support credit analysis workshops and assist in target setting.

Skills

Field work

Credit analysis

Credit evaluation

Attention to detail

Communication

Education

Bachelor's degree in Finance/Management/Economics or related

Job description

Job Description

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.

Duties & Responsibilities:

• 1. Review and check applications conducted by loan associates.
• 2. Ensure data and information is accurate and of acceptable quality.
• 3. Check applicant’s eligibility criteria.
• 4. 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.
• 5. Identify and verify outstanding information, and / or discrepancies in loan application
• 6. Establish client Willingness and Capacity-to-Pay, as required in the Credit Process and Credit Evaluation Manual.
• 7. Submit for approval/rejection loan applications to Credit Officer or credit committee within approved mandate.
• 8. Participate and facilitate credit analysis workshops and develop case studies.
• 9. Periodically organize presentations on credit analysis of certain types of businesses, to improve thetechnical knowledge of loan officers.
• 10. Assist to Credit Officer in setting quarterly and annually performance targets
• 11. Perform other tasks as assigned by supervisor.

Minimum Skills/Qualifications:

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