Credit Officer

3 weeks ago


Taguig Philippines HR TechX Corp. Full time
Position: Credit Officer

Location: BGC, Taguig

Work Setup: Onsite

Schedule: Monday to Friday (8am to 5pm)

Job Summary

Corporate Credit Officer is responsible for review, financial analysis, and evaluation of verified information for all corporate applications in order to arrive at a decision within the corresponding lending and deviation authority while optimizing business potentials within the acceptable credit risk in order to achieve business targets and goals while ensuring portfolio quality is maintained.

Job Description:

Evaluation and Analysis

  • Conducts initial assessment on the coporate borrower and its major shareholders/directors and lay out the necessary and further clarification.
  • Together with the Account Officer, conducts interview and ocular inspection with the client to determine the risk profile of the borrower and to validate the business operations.
  • Checks the Loandex, NFIS, and other third-party applicable credit bureaus
  • Conducts trade checking with borrowers' customers and suppliers;
  • Analysis and validation of the submitted bank statements.
  • Prepares financial spreadsheet based on the audited financial statements to determine the capacity of the borrower to pay.
  • Prepares in-depth credit proposals after gathering all the necessary information which include but not limited to:
    • Company background
    • Financial analysis (Ratios, AFS entry movement favorable and not favorable)
    • Summary of the trade and bank checking, field visit conducted
    • Recommendation on the loan package
  • Conducts loan reviews, line renewals, new line availment when necessary.
  • Prepares 3-year financial projection only when necessary.
  • Presents the Credit Proposal to the Excom depending on the credit limit endorsed.

Qualifications:

  • Bachelors degree in Finance, Accounting, Economics or any other related field
  • At least 1 year experience in Credit Evaluation and Financial analysis of corporate loans.
  • At least 2 years experience in Medical Equipment procurement.

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