Credit Specialist 1

1 week ago


Mandaluyong City, National Capital Region, Philippines Polytechnic University of the Philippines Full time

Company: ORICO AUTO FINANCE PHILIPPINES INC.

Number of available position(s): 1

Description:
The Credit Department is created to manage accounts receivable portfolio risk to protect income, prevent potential losses and help the company gain more profit by efficient verification and assessment. The Credit Specialist (In-house) is responsible for the preparation of reports based upon their findings to help make decisions on lending and credit-worthiness. The Credit Specialist (In-house) is expected to assess credit data and financial information of clients that are applying for credit or loans to determine the risk that the company will not recoup funds loaned.

Duties and Responsibilities:
The main task of an In-house Analyst or Evaluator is to gather, verify, assess and report relevant information or reference about the loan applicant based on the 6 Cs of Credit (Character, Capacity, Capital, Collateral, Condition and Connection).

Verification:

  • Validate clients' personal information based on application form submitted
  • Conduct employment verification for employed clients
  • Conduct trade verification for clients owning a business/ businesses
  • Conduct income verification with bank/s where client has account/s
  • Conduct credit checking in our accredited agencies such as Transunion and CIBI.

Assessment:

  • Analyze clients' credit data and financial status through financial ratio computation to determine the degree of risk in granting loan
  • Evaluate clients' capacity to pay and endorse to management for pre-approval
  • Confer with credit associations and references to exchange credit information of clients.

Reporting:

  • Prepare report on risk analysis in granting loan to clients
  • Prepare a car appraisal report and recommendation (once clients' application is subject for pre-approval).

Support:
Assist Sales and Marketing department for additional proof on client's income and capacity to pay (for credit pre-approval). Ad hoc tasks as assigned by Credit management.

Qualifications:
1. Educational Background: Completed Bachelor's Degree in any finance, accounting, or business course, or any related field.
2. Job Specific Competencies: Open for entry-level position; Considerable internship experience in or with credit agencies is an advantage; Considerable internship experience in credit analysis is a great advantage; Strong knowledge of credit legal process; Strong analytical and mathematical skills; Good problem-solving skill; Able to handle unpleasant situations with tact, diplomacy and emotional stability; Good decision maker and a risk-taker; Handle customer and internal relations diplomatically and decisively when required; Acquire and maintain the required job knowledge, conduct affairs with integrity and persevere in eliciting confidential information.
3. Personal Qualities: With good professional impression; Trustworthy; Self-motivated; Goal-driven; Meticulous, patient and polite; Dynamic and can work well with all members of the organization.

Work Location:
Units 2201 and 2104 The Podium West Tower, ADB Avenue, Ortigas Center, Mandaluyong.

Interested to apply? Send your application letter and CV to:

#J-18808-Ljbffr
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