Account Officer

6 days ago


Makati, Philippines RCBC Full time
Job Summary

Handles and manages corporate and major personal accounts; prepares credit applications recommending credit packages, financing schemes, and credit facilities for accounts solicited and handled.

How will you contribute?
  • Responsible for the proper evaluation, analysis, and regular review of the creditworthiness of new and existing trust loan borrowers for presentation to management or the Board of Directors.
  • Ensures compliance with prescribed credit policies and procedures. Ensures complete and proper documentation for trust credit transactions.
  • Ensures proper implementation of guidelines for group/employee loan facilities for provident and/or retirement fund accounts.
  • Establishes and annually renews credit facilities for corporate borrowers, negotiates terms and conditions, and prepares recommendations for approval by the Board of Directors.
  • Establishes and annually renews credit facilities for banks and other financial institutions.
  • Performs evaluation of various investment outlets such as bond and equity issues.
  • Responsible for the implementation of approved credits, documentation, and review of collateral adequacy of borrowing accounts. Ensures sufficient funding and timely release of loan proceeds to borrowers upon availment and monitors compliance with the terms and conditions of the approved credit facility and documentary requirements.
  • Monitors client utilization of approved credit facilities and informs clients of maturing obligations in a timely manner.
  • Resolves problems, complaints, and operational issues related to trust credit transactions.
What will make you successful?
  • Bachelor’s degree in Economics, Finance, or Industrial Management Engineering.
  • Completion of the Trust Certification course is preferred; training on KYC/AMLA requirements.
  • Two (2) years of industry experience in credit or trust.
  • Working knowledge of credit and financial analysis.
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