Loan Processor

Bank of Commerce (Philippines); Mandaluyong; On-site; PHP 300,000 - 420,000; Full time

Job summary

Bank of Commerce (Philippines) is seeking a detail‑oriented Loan Processing Specialist to manage loan bookings, releases, renewals, restructurings, and related documentation across Corporate Banking and Branch operations.

You will ensure compliance with approved credit terms and regulatory requirements, maintain accurate records, and coordinate with business units to deliver complete and timely loan processing.

Qualifications

• Experience in loans processing, banking operations, or related financial services roles preferred.
• Strong attention to detail and accuracy in document review and transaction processing.
• Knowledge of loan operations, documentation, accounting entries, and regulatory requirements.
• Proficient in banking systems and Microsoft Office applications.
• Excellent organizational, communication, and problem-solving skills.

Responsibilities

• Process loan bookings, releases, renewals, restructurings, and rollovers.
• Verify loan documentation and ensure compliance with approved credit terms.
• Record and maintain loan transactions in the bank’s core systems.
• Process loan principal and interest payments, adjustments, and repricing.
• Prepare and issue loan-related documents, including promissory notes, statements of account, billing statements, certifications, credit/debit memos, and official receipts.
• Coordinate with business units and internal departments to ensure complete and accurate loan processing.
• Monitor due loans, payment schedules, regulatory requirements, and required client submissions.
• Process Real and Other Properties Acquired (ROPA) transactions through foreclosure or dacion.
• Prepare operational and regulatory reports and monitor suspense accounts and past-due loans.
• Maintain accurate records, document filing, and digital archiving of loan transactions.
• Respond to inquiries from branches and business units and perform other duties assigned by management.

Skills

Detail-oriented

Banking systems

Microsoft Office

Documentation

Regulatory compliance

Problem-solving

Communication

Tools

Banking systems

Microsoft Office

Job description

Responsible for processing and maintaining loan‑related transactions for Corporate Banking, Branches, and Remedial Management accounts. Ensures all loan instructions and supporting documents comply with approved credit terms, internal policies, and regulatory requirements.

DUTIES & RESPONSIBILITIES:

• Process loan bookings, releases, renewals, restructurings, and rollovers.
• Verify loan documentation and ensure compliance with approved credit terms.
• Record and maintain loan transactions in the bank’s core systems.
• Process loan principal and interest payments, adjustments, and repricing.
• Prepare and issue loan-related documents, including promissory notes, statements of account, billing statements, certifications, credit/debit memos, and official receipts.
• Coordinate with business units and internal departments to ensure complete and accurate loan processing.
• Monitor due loans, payment schedules, regulatory requirements, and required client submissions.
• Process Real and Other Properties Acquired (ROPA) transactions through foreclosure or dacion.
• Prepare operational and regulatory reports and monitor suspense accounts and past-due loans.
• Maintain accurate records, document filing, and digital archiving of loan transactions.
• Respond to inquiries from branches and business units and perform other duties assigned by management.

QUALIFICATIONS:

• Experience in loans processing, banking operations, or related financial services roles preferred.
• Strong attention to detail and accuracy in document review and transaction processing.
• Knowledge of loan operations, documentation, accounting entries, and regulatory requirements.
• Proficient in banking systems and Microsoft Office applications.
• Excellent organizational, communication, and problem-solving skills.