Loan Processor - Cebu City

JOB SUMMARY / PRIMARY ACCOUNTABILITIES:

• The Loan Processor checks the completeness of details and signatories of the Loan Application and Documentary Requirements. Know-Your-Client (KYC) Loan Document Checklist.
• The Loan Processor indicates all observable risks and seeks a decision for the next higher authority.
• The Loan Processor prepares and encodes loan application details such as approved loan amount, reasons of approval with deviation, the reason for disapproval of accounts, and disbursement type.
• The Loan Processor receives and collates loan checks and vouchers.
• The Loan Processor prepares and prints loan contracts (Promissory and Trust Receipt), Payment Schedule, and Disclosure Statement on Loan/Credit Transactions.
• The Loan Processors releases the loan check to the client after confirming the identity of the latter, explaining the content of the contract ( standard mode of payment, frequency of collection, proof of payment, obligations of all parties including the co-maker, etc.), and facilitating the signing of pertinent documents (loan with chattel mortgage/REM, Promissory Note/Trust Receipt, Disclosure Statement, Check Voucher)
• The Loan Processor ensures that the client signs all loan documents prior to loan disbursement.
• The Loan Processor performs other functions as directed by the Immediate Supervisor or the management from time to time.

Job Type: Full-time

Education:

• Bachelor's (Required)

Work Location: In person