Credit Associate

BPI DIRECT BANKO,INC. A SAVINGS BANK; Valenzuela; On-site; PHP 279,000 - 469,000; Full time

Job summary

BPI DIRECT BANKO, INC. A SAVINGS BANK is seeking a Credit Associate to assess repayment capacity and support credit decisions. The role includes field visits and participation in credit committee discussions to strengthen loan quality at the branch level.

The position requires a 4-year degree, 2 years in microfinance or banking, and readiness for extensive field work to verify information and build regional networks.

Qualifications

• Graduate of a 4-year degree in a business-related discipline.
• Minimum of 2 years of experience in microfinance or banking with knowledge of individual lending.
• Familiarity with the branch community, main markets and local networks.
• Willing to do field work (95% of the time).

Responsibilities

• Review loan applications prepared by loan associates.
• Ensure data is accurate and of acceptable quality.
• Check applicant eligibility criteria.
• Conduct site visits to verify client premises and information.
• Identify discrepancies in loan applications.
• Submit for approval within the approved mandate.
• Participate in credit analysis workshops and develop case studies.
• Assist Credit Officer in setting quarterly and annual targets.
• Perform other tasks as assigned by supervisor.

Skills

Field work

Credit analysis

Microfinance exposure

Local market knowledge

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).