Recovery Officer

BDO Unibank, Inc; Metro Manila; On-site; PHP 300,000 - 500,000; Full time

Job summary

BDO Unibank, Inc. is seeking an experienced professional to manage NPL accounts through external service providers from filing Extrajudicial Foreclosure to ROPA booking.

You will negotiate settlements, monitor auctions, and prepare required financial and legal documentation. The role requires a Bachelor’s degree and at least 2 years in banking or related institutions, with exposure to collections and foreclosure.

Qualifications

• Bachelor’s degree required or relevant field.
• Minimum 2 years in banking or related institutions, preferably collections/foreclosure.
• Willingness to work onsite in Ortigas.

Responsibilities

• Manage portfolio of NPL accounts with external service providers from filing to ROPA booking.
• Negotiate settlements via cash or dacion-en-pago with clients.
• Ensure timely filing of Extrajudicial Foreclosure and securing Certificate of Sale.
• Prepare bid prices, ROPA booking memos, and related attachments for accounting.
• Coordinate pull out of title requests and related payments.
• Review external service billings for accuracy and completeness.
• Carry out additional tasks as assigned.

Skills

Attention to detail

Banking operations exposure

On-site work

Education

Bachelor’s degree relevant to the job

Job description

About the job

The position is primarily responsible for managing portfolio of NPL accounts through effective coordination and management of external service provider from filing of Extrajudicial Foreclosure up to booking of accounts to ROPA and immediate assistance in negotiating settlement via cash or through dacion-en-pago.

Duties and responsibilities:

• Assists external service in negotiating cash and dacion-en-pago with the client.

• Monitors and ensures timely filing of Extra Judicial Foreclosure, attendance of auction, securing of Certificate of Sale from courts and annotations of Certificate of Sale.

• Prepares cash and non-cash resolution on a monthly basis and prepares credit proposal (CP) for cash payment and monitors its implementation into the system, foreclosure and dacion-en-pago.

• Prepares bid prices including authority to bid and endorses the same to external service provide and Prepares ROPA booking advice memo including its attachments and endorses the same to Specialized Accounting.

• Collates necessary requirements to proceed dacion.

• Prepares request for pull out of title (RTPO) and security receipt in (SRI). Encodes requests for pull out of title in LAD’s shared file.

• Prepares and submits requests for payment (RFP) for publication fee, certificate of sale and RD fee.

• Reviews and ensures correctness of submitted billings from external service provider prior submission.

• Performs other tasks that may be assigned from time to time.

Qualifications:

• Bachelor’s degree relevant to the job.

• With at least 2 years of experience in bank or related institution, preferably with exposure in collections and foreclosure.

• Must be willing to work onsite and be assigned in Ortigas.