Credit Officer

Corporate Credit Officer

Job Summary

Corporate Credit Officer is responsible for review, financial analysis, and evaluation of verified information for all corporate applications in order to arrive at a decision within the corresponding lending and deviation authority while optimizing business potentials within the acceptable credit risk in order to achieve business targets and goals while ensuring portfolio quality is maintained.

Duties and Responsibilities:

• Conducts initial assessment on the corporate borrower and its major shareholders/ directors and lay out the necessary and further clarification.
• Together with the Account Officer, conducts interview and ocular inspection with the client to determine the risk profile of the borrower and to validate the business operations.
• Checks the Loandex, NFIS, and other third-party applicable credit bureaus
• Conducts trade checking with borrowers' customers and suppliers;
• Analyzes and validates the submitted bank statements.
• Prepares financial spreadsheet based on the audited financial statements to determine the capacity of the borrower to pay.
• Prepares in-depth credit proposals after gathering all the necessary information
• which include but not limited to:
• Company background
• Financial analysis (Rations, AFS entry movement- favorable and not favorable)
• Summary of the trade and bank checking, field visit conducted
• Recommendation on the loan package
• Prepares 3-year financial projection only when necessary.
• Presents the Credit Proposal to the CreCom depending on the credit limit
• endorsed.
• Conducts loan reviews, line renewals, new line availment when necessary.
• Perform other duties that may be assigned by immediate superior

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics or any other related field.
• At least 3 years of experience in credit, handling corporate accounts with min of AF exposure of 1M.
• With experience handling corporate loans (business-to-business)
• With commercial banking/financing company credit evaluation/underwriting experience for corporate accounts focus on business loan.
• Knowledgeable in analyzing financial statements
• Experience in client visit and CRECOM is an advantage

Work Arrangements

• Work Location: BGC, Taguig City
• Work Shift: Monday - Friday | 8:00am - 5:00pm
• Work Set-up: Onsite | Occasional field work

BENEFITS OFFERED:

• 1-2 months Quarterly and Annual Productivity Incentive (not guaranteed; depends on company performance and individual performance)
• HMO (principal only with 110k MBL per sickness per year)
• Paid leaves (15VL:5SL)
• Rice Subsidy
• Clothing and Medical Allowance

Pay: Php50,000.00 - Php70,000.00 per month

Work Location: In person