Loan Associate

2 weeks ago


Pasig, National Capital Region, Philippines AFC SME Finance, Inc. Full time ₱104,000 - ₱130,878 per year

JOB OBJECTIVE:

Performs administrative functions such as facilitating the release of loan check and ensuring compliance of the borrower to loan documents/requirements

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

Job Types: Full-time, Fresh graduate

Benefits:

  • Paid training

Education:

  • Bachelor's (Required)

Work Location: In person



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