Credit Associate

BPI DIRECT BANKO,INC. A SAVINGS BANK; Taguig; On-site; PHP 240,000 - 360,000; Full time

Job summary

BPI Direct BanKo, Inc. A Savings Bank is seeking a Credit Associate responsible for evaluating repayment capacity of loan applicants, including field visits to client premises.

The role involves reviewing applications, ensuring data accuracy, verifying eligibility, and presenting loan cases to the Credit Officer or credit committee for decision. Minimum 2 years in microfinance or banking with lending experience and willingness to do field work (95%) are required to support branch credit

Qualifications

• Bachelor's degree in Finance/Management/Economics or related field.
• Minimum 2 years of banking or microfinance experience, with lending knowledge.
• Willingness to do field work (95% of the time).

Responsibilities

• Review applications by loan associates for accuracy and completeness.
• Check applicant eligibility and verify information.
• Conduct site visits to client premises to verify data and existence of business.
• Submit loan applications for approval to Credit Officer or credit committee.

Skills

Credit analysis

Field work

Data accuracy

Community network

Education

Bachelor's degree in 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. 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 andaccuracy 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).