Credit Associate

BPI DIRECT BANKO,INC. A SAVINGS BANK; Santa Ana; On-site; PHP 201,000 - 335,000; Full time

Job summary

The Credit Associate role at BPI DIRECT BANKO, INC. A Savings Bank focuses on assessing repayment capacity for loan applicants, including field visits, and supporting the credit decision process in branch operations.

You will review applications, verify data quality, conduct site visits, verify information, and help develop credit knowledge among loan officers, contributing to the branch's overall credit performance.

Qualifications

• 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)

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 (on a sample basis).
• 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.

Skills

Field work willingness

Community familiarity

Education

Bachelor degree (finance/management/economics)

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

Minimum Skills/Qualifications:

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