Credit Officer

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

Job summary

BPI Direct BanKo, Inc., a savings bank and subsidiary of the Bank of the Philippine Islands, is seeking a Credit Officer to ensure quality assessment and underwriting of loan applications and to oversee portfolio quality. You will guide lending policies and collaborate with compliance to ensure regulatory alignment.

The role may supervise a team of credit analysts, coordinate with branches, and lead the credit committee on approval levels. Field work is required (approx. 95% of the time).

Qualifications

• Graduate degree in business-related fields preferred.
• Minimum 5 years banking/microfinance experience; 3 years as credit analyst and 2 years in supervision.
• Familiarity with local branch communities and networks.
• Willing to conduct field work (~95% of the time).

Responsibilities

• Monitor the correct use of lending methodology.
• Supervise and guide loans assessed by credit analysts.
• Lead the credit committee as per lending policy approvals.
• Evaluate lending processes and policies for improvements.
• Analyze loan portfolio to measure results and support business goals.
• Plan monthly activities for assigned credit analysts.
• Conduct weekly/monthly meetings with branches to review files, validate information, and arrange client visits; provide feedback and prepare productivity reports.

Skills

Credit analysis

Team supervision

Policy compliance

Education

Bachelor's degree (4-year)

Job description

About the role

The Credit Officer is responsible for ensuring quality assessment and underwriting of loan applications, and to ensure the overall good quality of the loan portfolio. This role provides support, direction, and guidance on how loan policies and methodology should be applied for the assessment and underwriting of loans. This role might supervise a team of credit analysts. The role also works closely with compliance department to verify that lending policies and practices are within local regulation.

Duties & Responsibilities

1. Monitor the correct use of the organization’s lending methodology.
2. Supervise/ provide guidance to those loans assessed by assigned credit analysts
3. If necessary, lead the credit committee as per the approval levels established in the lending policies
4. Evaluate the lending process and policies on an ongoing basis to recommend improvements for credit underwriting, administration, and recovery
5. Analyze the composition of the loan portfolio to measure the results and make recommendations to achieve business goals
6. Carry out the planning of the monthly activities of assigned credit analysts according the established goals for the year
7. Conduct weekly and monthly meetings with relevant staff of assigned branches for the following purposes:
   • Review credit files of loans already granted
   • Validate information in each file
   • Organize/propose random visits clients to validate information (i.e. about 25% of clients approved during the month should be visited)
   • Provide feedback to the branch commercial team and other related teams on the evolution of the portfolio quality and the quality of the loans originated by the branch(es)
   • Prepare loan productivity reports for the commercial area/branch managers
8. Secondary Function:
   • Act as Backup for Business Manager. Access of Credit Officer will be activated if the primary (Business Manager) is offsite/not available. System access as approver for account registration, corporate registration, manage customer, and agent registration. Branch operation cash management approver. Monitors loan application status and loan accounts of the clients.

What we are looking for

1. Graduate of a 4-year degree course, preferably in business-related disciplines (Finance / Management/ Economics, etc.)
2. Minimum of 5 years of successful working experience in microfinance or banking, 3 of those years in credit analyst role, minimum 2 years of team supervision experience
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).

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.