Loans Associate

DUTIES AND RESPONSIBILITIES:

• Informs the client regarding loan charges such as monthly amortization, deductions, penalties, net proceeds and documentation requirements prior to release of loan.
• Ensures that borrower/co-borrower/co-maker complies with the required documents prior to release of loan proceed.
• Checks the completeness, validity and authenticity of all documents submitted by the borrower/co-borrower/co-maker.
• Facilitates signing of legal documents to borrowers/co-borrowers/co-makers such as Promissory Note (PN), Disclosure Statement (DS), Chattel Mortgage (CHM), Dacion En Pago, Voluntary Surrender (for collateral), and Deed of Assignment as applicable.
• Prepares the Post-Dated Checks (PDCs) and provides a printed copy of PDC list to Treasury Assistant.
• Prepares and submits the following reports to the Immediate Superior on a daily and monthly basis:

Accounts Released - Treasury Head

For Mortgage Collateral Accounts Released - Documentation Assistant

• Facilitates releasing of loan proceeds to borrowers after completing the required documentations and cancellation of loan checks that are not claimed by borrowers.
• Encodes all information of the loan borrower in the database system (master file).
• Prepares check requests for rebates, refunds, agent’s commission, net proceeds, cash cards and opening of checking account
• Consolidates and ensures proper filing of all loan documents.
• Performs other work-related functions that may be assigned from time to time.

JOB SPECIFICATIONS:

• Graduate of any four-year business-related course
• With at least six (6) months work related experience in loan processing
• Has strong customer service skill and good communication skill that enable him to handle different types of clients
• Personable
• Has excellent attention to details as the job requires thorough checking and review of information and accuracy of data
• With high sense of responsibility, accountability and integrity
• Computer literate
• Fresh graduates are welcome to apply.