Loan Associates

BPI DIRECT BANKO,INC. A SAVINGS BANK; Pilar; On-site; PHP 180,000 - 240,000; Full time

Job summary

BPI Direct Banko, Inc. A Savings Bank is seeking a Loan Associate to drive loan origination and maintain a high-quality loan portfolio. You will identify prospective loan accounts, solicit new business, and handle account servicing in the Pilar area.

This role requires a 4-year degree in Finance / Management / Economics and a willingness to conduct field work about 95% of the time. You will work with the Financial Inclusion and Microfinance Solutions Group to support lending operations and

Qualifications

• Bachelor’s degree in Finance/Management/Economics or related field.
• Sales experience preferred or strong sales acumen.
• Familiarity with the branch community and local markets.
• Willing to do field work (95% of the time).

Responsibilities

• Identifies and maintains desirable loan accounts in the assigned area.
• Implements marketing strategies to achieve loan origination targets.
• Gathers and validates loan requirements for credit evaluation.
• Assesses funding structures suitable to client needs.
• Monitors and services accounts to maintain loan portfolio quality.
• Provides inputs to improve lending policies and guidelines.
• Performs other tasks as assigned by the supervising Business Manager.

Skills

Sales experience

Field work

Local market familiarity

Fresh graduates with sales acumen

Education

Bachelor's degree in Finance/Management/Economics

Job description

The Loan Associate is responsible in the achievement of loan origination target and maintenance of good loan portfolio quality of the originated loans. Also responsible in relationship management/account servicing to help ensure maintenance of good loan portfolio quality.

1. Identifies, solicits and maintains desirable loan accounts in the assigned area of responsibility.

2. Implements identified marketing strategies geared towards the achievement of loan origination target.

3. Gathers, assesses and validates loan documentary requirements and salient business information on a first hand/personalized basis both on operational and financial aspects necessary as basis for credit evaluation/review and decision.

4. Assesses the most appropriate funding structure and utilization suitable to the clients based on the business' present needs.

5. Implements pro-active account monitoring and servicing activities to help ensure maintenance of good loan portfolio quality.

6. Provides inputs for the improvement of existing policies and guidelines of the lending operation

7. Performs other tasks as may be assigned by the supervising Business Manager of the Financial Inclusion and Microfinance Solutions Group.

Minimum Skills/Qualifications:

1. Graduate of a 4-year degree course, preferably in business-related disciplines (Finance / Management/ Economics, etc.)

2. Previous sales experience is needed but also open to fresh graduates with good sales acumen

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).