Credit Policy Officer

East West Banking Corporation; Taguig; On-site; PHP 800,000 - 1,000,000; Full time

Job summary

A leading universal bank in the Philippines is seeking an experienced Credit Policy Officer to join their Consumer Lending Team. The candidate will develop and update credit policies based on data analysis and ensure compliance with regulations. A minimum of 5 years' experience in consumer credit risk management and related fields is required. The role entails working onsite in Bonifacio Global City, Taguig, promoting a collaborative environment for personal and professional growth.

Benefits

Competitive salary package and benefits

Career development and training opportunities

Performance-based incentives and recognition programs

Qualifications

• 5+ years of experience in consumer credit risk management and analysis within the banking industry.
• Experience in credit processing and approvals, collections management, and portfolio management/data mining/analytics.

Responsibilities

• Develop and update credit policies for acquisitions and underwriting based on data analysis.
• Evaluate portfolio and industry trends and update policy manuals.
• Ensure compliance with relevant regulations and coordinate product launches.

Skills

Data Analysis

Critical and Analytical Thinking

Negotiation/ Building Partnerships

Business Strategy Formulation

Attention to Detail

Education

College graduate in business management, economics, banking, or finance

Tools

SAS

Decision Tree

Job description

Our Consumer Lending Team is looking for experienced professionals to join us in our Bonifacio Global City (BGC) site in the role of Credit Policy Officer.

As a Credit Policy Officer, you are responsible for developing and updating credit policies for acquisitions, underwriting, portfolio management, and collections, based on data analysis, economic indicators, and regulatory requirements. Your role includes evaluating portfolio and industry trends, updating policy manuals, assessing portfolio quality, and ensuring compliance with relevant regulations. You\'ll also coordinate with business units to launch products, focusing on target markets, risk criteria, and profitability models to balance risk and reward for auto loan businesses.

As you ensure fairness in delivering our clients goals, EastWest bank will help you with yours.

East West Banking Corporation (EastWest) is one of the largest universal banks in the Philippines, and is committed to continuously invest in people and in process, product, and service enhancements, and embrace new ideas to enhance the EastWest experience.

We empower our employees to drive their careers and are committed to provide the runway for them to grow. We value teamwork and individual initiative. Join us and be part of a highly engaged team, and a workplace that promotes development and goal attainment.

Whether you\'re just starting out, or already a seasoned professional, EastWest can help you unleash your potential, and bridge the gap between dream to success.

Key Responsibilities

• Responsible for creating and maintaining an up to date, relevant, competitive credit policy covering acquisitions, credit underwriting, portfolio management and collections/ recovery based on portfolio data analytics, credit test results and macro -economic indicators, timely identification of opportunities and threats to enable these products to meet business objectives in terms of growth, profitability, brand awareness while at the same time ensuring manageable credit losses, and adherence to Bank and regulatory mandates.
• Evaluate existing portfolio and industry trends to determine policies and strategies through data mining using various data mining tools such as SAS, Decision Tree
• Update the policy manual to incorporate policy amendments based on results of test program performance and portfolio analysis.
• Provide credit risk criteria, review and approve program and marketing papers, process manuals, IOMs, PPMs, etc. within agreed TAT and in accordance to relevant regulations
• Coordinate with business on launch of product programs and ensure that it effectively carries out a focused target market strategy, suitable risk acceptance criteria and profitability model.
• Create and maintain sustainable and balanced risk-reward environment to enable various auto loans business to achieve portfolio growth, increased market share, manageable credit losses, all leading to maximized profitability.

What were looking for

• College graduate of any four (4) year course related to business management, economics, banking and finance.
• Extensively exposed in consumer credit risk management and analysis, credit life cycle and lending operations within banking industry, or has at least 5-year experience in Credit Processing and Approvals, Collections Management, and Portfolio Management/ Data Mining/Analytics
• Willing to report onsite - BGC Taguig
• With the following functional competencies:
  • Balanced Risk Management with Profitability as end goal
  • Data Analysis
  • Business Strategy Formulation
  • Business and Industry Knowledge
  • Project/ Program / Product Management
  • Cost Benefit Analysis
  • Critical and Analytical Thinking
  • Strategic Decision-Making and Foresight
  • Comprehensive View
  • Oral and Written Persuasive Communication
  • Attention to Detail
  • Sales and Business Disposition
  • Results-driven
  • Interpersonal Relations Skills
  • Multi-tasking
  • Negotiation/ Building Partnerships
  • Creative Thinking
  • Customer Focus/ Service

What you can expect from joining our team

• Career development and training opportunities.
• Competitive salary package and benefits.
• Performance-based incentives and recognition programs to reward high-performing individuals.
• Opportunity to work with industry experts and be mentored by them.
• Defined career progression paths to guide you in your professional growth.