Loans Processor

Bank of Commerce (Philippines); Mandaluyong; On-site; PHP 180,000 - 320,000; Full time

Job summary

Bank of Commerce (Philippines) is seeking a detail‑oriented Loan Operations Assistant in Metro Manila to review and verify loan documents, compute EIR, post entries, and support accounting activities within LTIS and BDS.

Fresh graduates from any business‑related course who are eager to learn and organized will fit this role, offering exposure to banking operations and opportunities for growth.

Qualifications

• Fresh graduates of any business‑related course.
• Detail‑oriented, organized, and eager to learn.

Responsibilities

• Review and verify completeness of documents from Marketing Units/CLCD.
• Review loan approval medium on terms and conditions.
• Check computations, loan rates, charges and data on LTIS.
• Post accounting entries in the BDS for transactions.
• Compute the Effective Interest Rate (EIR) for Disclosure Statement.
• Check LTIS details received from Loans Servicing, Collections and other units.
• Receive check and IBT payments.
• Validate LTIS computations against loan system.
• Review approved media and documents from Recovery/Collections.
• Prepare Statement of Account/History of payments.
• Prepare certifications for Marketing Group, Collections, Loans Servicing and CLCD.
• Monitor float items and suspense accounts.

Skills

Detail-oriented

Eager to learn

Job description

JOB DESCRIPTION

• Reviews and verifies completeness of documents received from Marketing Units/Central Liability and Custodianship Department (CLCD)
• Review loan approval medium on terms and conditions
• Check computations, loan rates, charges and other data on the LTIS.
• Posts in the BDS, the accounting entries of transactions
• Computes for the Effective Interest Rate (EIR) to be reflected in the Disclosure Statement
• Check and review details in LTIS received from Loans Servicing, Collections and other units
• Receives check and IBT payments
• Validate computations on the LTIS versus loan system
• Review approval media & documents (COS/ Dacion En Pago Agreement/Appraisal Report and others) received from Recovery Section/Collections Department
• Prepares Statement of Account/History of payments
• Prepares certification as requested by Marketing Group, Collections, loans Servicing and CLCD
• Monitors float items and suspense accounts

JOB QUALIFICATIONS

• Fresh graduates of any business‑related course
• Detail‑oriented, organized, and eager to learn