Loan Examiner (Law Graduate)

Social Housing Finance Corporation; Isabela; On-site; PHP 400,000 - 600,000; Full time

Job summary

A government agency seeks a legal professional to assist in the review and validation of mortgage documents for loan processing. The candidate will work under the DBP Service Corporation and will be assigned to the Social Housing Finance Corporation. Responsibilities include ensuring legality and compliance of loan applications and documentation, contributing to efficient mortgage operations.

Benefits

Government-mandated benefits: SSS, Pag-IBIG, PhilHealth, EC

Paid legal holidays

13th Month pay

Service Incentive Leave (SIL) - 5 days after the first year

Paternity Leave, Solo Parent Leave, Magna Carta for Women

Retirement Pay

Group Life insurance

Financial Assistance Program

HMO/Health Insurance

Paid trainings

Overtime Pay

Qualifications

• Bachelor's degree in Law is required.
• 2 years of relevant work experience is mandatory.
• At least 8 hours of relevant training is necessary.

Responsibilities

• Review and validate loan and mortgage documents based on policies.
• Prepare mortgage examination findings for loan application approval.
• Communicate findings accurately to stakeholders.

Skills

Attention to Detail

Legal Research

Document Review

Education

Bachelors of Law

Job description

QUALIFICATIONS

Education: Bachelors of Law
Experience: At least 2 years of relevant work experience
Training: At least 8 hours of relevant training

EMPLOYMENT STATUS: To be officially employed under DBP Service Corporation (DBPSC), but shall be assigned and deployed to Social Housing Finance Corporation (SHFC) as an agency-hired employee.

DBPSC BENEFITS (for agency-hired employees):

Government-mandated benefits: SSS, Pag-IBIG, PhilHealth, EC
Paid legal holidays
13th Month pay
Service Incentive Leave (SIL) - 5 days after the first year
Paternity Leave, Solo Parent Leave, Magna Carta for Women
Retirement Pay
Group Life insurance upon first day
Financial Assistance Program
HMO/Health Insurance
Paid trainings
Overtime Pay

WORK SCHEDULE: Mondays to Fridays (8 AM - 5 PM)

DUTIES & RESPONSIBILITIES:
1. Assists in reviewing and validating loan and mortgage documents as to their validity, legality, enforceability, and acceptability based on the CMP policies and guidelines;
2. Assists in the preparation of mortgage examination findings through thorough review of the submitted documents for approval of loan application;
3. Assists in communicating mortgage examination findings accurately to stakeholders for correct and complete compliance thereto;
4. Prepares transmittal letter for the release of check payments to landowner/s for proper monitoring of payments;
5. Assists in coordinating with SHFC linkages and partners to secure documents necessary for the approval of loan applications;
6. Assists in collating and reviewing of mortgage documents after the issuance letter of guaranty based on the ME checklist for processing of loan release;
7. Assists in consolidating the required documents necessary for the transfer of title to Community Association's name and annotation of REM;
8. Assists in maintaining proper safekeeping of mortgaged documents submitted; including title's property with annotation of the REM for the protection of the released loan and;
9. Performs other functions that may be assigned from time to time.