Loans and Credit Department Manager

2 weeks ago


Cebu City, Central Visayas, Philippines Career Point Management Consultancy Full time

The Loans Manager is responsible in the evaluation and recommendation of loan credit applications for decision and ensures that the applicant meets credit standards based on Credit Policies and Guidelines.

Job Duties and Responsibilities:

  • Conducts financial analysis and loan credit evaluation.
  • Conducts evaluation and review of loan credit applications as a component of the existing credit policies and gives feedback/results in the least possible time.
  • Review, approve or reject loan applications submitted by the Loan Evaluators prior to signing and prior submission to the Credit and Board Committee for review and signature.
  • Presents and seeks approval of all loan related transactions before the Credit and Board Committees.
  • Return loan applications with discrepancies, incorrect or insufficient information for revisions.
  • Finalize loan structure by taking into consideration credit scores, debt burden ratio, other policy compliance including deviations and justifications prior to recommendation.
  • Monitor loan credit applications being processed by the Loan Evaluators.
  • Monitor daily activities of the Loan Evaluators to ensure that productivity measures are in place.
  • Recommends loan proposal/transaction in accordance with the company policy and guidelines on loans and credit.
  • Frequently conduct meetings with Loan Evaluators to communicate any new programs or business changes.
  • Manages the team on their daily transactions and monitoring of loan and credit accounts.
  • Ensures that all policies and procedures, guidelines and other implementing documents are followed by the team.
  • Guide the Loan Evaluators in the preparation of documents and ensure all proper and legal documents are in order.
  • Ensure that approved processes, policies and procedures, guidelines and other program mechanics or strategies are being followed by the team.
  • Compiles industry indices and financial benchmarks to evaluate performance of borrowers vis-a-vis the industry.
  • Ensure confidentiality of all information and documents gathered from both clients and evaluators.
  • Ensure proper use of all information, documents including office supplies, equipment and facilities

Job Qualifications:

  • Candidate must possess at least a Bachelor's/College Degree in Economics, Finance/Accountancy/Banking, Business Administration/Management, Marketing, Commerce or equivalent
  • At least 2 years of working experience in Corporate and Loan Banking
  • Has working knowledge of Banking/Lending products and industry, Marketing, Data Analysis, Financial Monitoring and Reporting, Research, Risk Management.
  • Experience with banking/financial/loan-related products is a must
  • Strong understanding of auto/motorcycle loan management, products, processes, and regulations is preferred
  • Excellent customer experience and problem-solving skills.
  • Excellent communication and interpersonal skills
  • Proficient ability to analyze data and market trends to develop competitive strategies
  • Team-oriented with strong leadership skills
  • Detail-oriented with a strong focus on accuracy
  • Ability to multitask and prioritize in a fast-paced environment
  • Action orientated and should be able to follow up on feedback to ensure positive outcomes
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