LOANS ASSISTANT

Salary not specified

JANIUAY, ILOILO
COLLEGE GRADUATE
Permanent

Job Description


1. Conducts credit investigation based on the provisions of the Credit Manual.
2. Conducts product/service market analysis.
3. Pre Assessment and follow up on the prospective clients.
4. Perform credit origination which includes credit initiation and analysis process
5. Screening of potential customer to identify highest quality prospects;
6. If acceptable, customer shall be asked to accomplish an application form and co makers form
7. Data collection using mandatory lists enumerating required documents;
8. Plausibility check and preliminary review to check for completeness and consistency in documents filed by the applicant
9. Perform credit review process and valuation of the collateral, if nay;
10. Analysis of risks association with prospects;
11. Determine the level of the bank’s control over collateral and the likely liquidation value; prepare inspection and appraisal report;
12. Financial statement analysis
13. Prepare well documented credit analysis and structure of proposed loan package, i.e. term of loan, collateral required, co-maker statement if clean, amortization table if on installment, timing of interest payment and reporting requirements, etc.
14. Submit a credit approval memorandum (CAM) to the Loans Manager for review.
15. Prepares demand letters and enforce settlement of the past due account.
16. Recommends internal credit ratings
17. Perform classification and allowance for credit losses (ACL) including changes
18. Ongoing monitoring credit exposure of borrowers on a day-to-day basis;
a.) Ensure that relevant information is communicated those personnel or unit assigned to provide ICRR;
b.) Perform post validation of the actual use of funds to determine credits were drawn for their intended purposes.
19. Performs other duties that may be assigned from time to time.

Qualifications/Requirements

College graduate,  preferably Business or Finance-related course

communication skills, people skills, organized & willing to be assigned in different branches


Work location

JANIUAY, ILOILO

Remarks

APPLICATIONS shall be emailed to rbjaniuay@rbap.org
About the company

 SHORT HISTORY       Janiuay Rural Bank was incorporated in October, 1956 and obtained its Certificate of Authority from the Central Bank (now Bangko Sentral ng Pilipinas) to operate as a rural bank on December 15, 1956. It opened its door that month as a fu...

Industry

FINANCIAL INTERMEDIATION

Employment size

10 - 99 (Small)

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