Recovery Officer

BDO Unibank; Metro Manila; On-site; PHP 446,000 - 670,000; Full time

Job summary

BDO Unibank in Ortigas is seeking a specialist to manage portfolios of NPL accounts in coordination with external service providers, from filing Extrajudicial Foreclosure to ROPA booking. You will assist in cash and dacion-en-pago negotiations, monitor auctions, and prepare required resolutions and proposals.

The role requires a banking background with foreclosure exposure, a Bachelor’s degree, and willingness to work onsite in Ortigas.

Qualifications

• Bachelor's degree or equivalent in a relevant field.
• At least 2 years of experience in banking or a related institution, preferably with collections/foreclosure exposure.
• Willing to work onsite and be assigned in Ortigas.

Responsibilities

• Manage NPL portfolio via coordination with external service providers from filing foreclosure to ROPA booking.
• Assist external service in negotiating cash and dacion-en-pago with clients.
• Monitor filing of Extrajudicial Foreclosure, attend auctions, secure Certificate of Sale, and annotate records.
• Prepare cash/non-cash resolutions and credit proposals; monitor implementation, foreclosure, and dacion-en-pago.
• Prepare bid prices with authority to bid and ROPA booking memo; coordinate with Specialized Accounting.
• Prepare RTPO and SRI requests; encode in LAD shared file; collate required documents for dacion.
• Prepare and submit payment requests for publication, certificate of sale, and RD fees; review external service billings.
• Perform other tasks as assigned.

Education

Bachelor's degree (relevant to the job)

Job description

• To manage 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.
• 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.