Credit Administrator

JOB PROFILE / REQUIREMENTS:

• Bachelor's degree in finance, economics, business administration & accounting.
• Has the knowledge of credit processes and transactions with integrity and confidentiality.
• Has strong math skills,detail orientation and computer competences;
• Detail oriented individual delivering timely, error-free work, with a high degree of independence.
• Effectively leverages strong written and verbal communication skills to clearly convey complex results and concepts.
• Problem solving skills with the ability to offer unique perspectives or solutions.
• Demonstrated ability to skillfully multi-task in a fast-paced environment while meeting production goals and requested deadlines.
• Ability to contribute actively to team environment and support team goals through motivating others to consider unique perspectives and approaches to work

KEY RESPONSIBILITIES:

• Checking and validating the veracity of documents submitted by the loan applicants
• Responsible for obtaining, reviewing and arranging all loan documents in accordance to bank's checklist of loan requirements;
• Make an Inventory list of collaterals & verify all the original collaterals are intact in safe vault;
• Inputs data of new loan release into BRIC computer system and ensure that the data are properly encoded in the system
• Create data system of borrowers' contact information (mobile No. Tel. No. email & social media accounts.
• Create a list of fire insurance policy monitoring of all collaterals
• Scanned documents and store in data system.
• Coordinate the Loan Officer once notarized.
• Ensure registered Real Estate Mortgage contract, Special Power of Attorney and other documents are intact in borrowers' folder
• Ensure copy of Original Title and Tax Declaration with Registry of Deeds stamp are place in the safe vault.
• Coordinate with the Loan Officer the documentation of Post Validation for fund utilization of loan proceeds (30 days from loan release) of the following documents:

i. Post Validation Report prepared by Loan officer & noted by the President

ii. Ask copy of receipts tantamount to loan proceeds for the project cost

iii. Proof of pictures of visitation by the Loan Officer and the project of the borrower

• Update documentary requirements of the borrowers annually

i. Audited Financial Statement & Annual Income Tax Return stamped

ii. In-House Financial statement (if AFS unavailable )

iii. Mayors Business Permit

iv. Copy of Tax Receipt of the Collateral to BRIC

v. Require the Appraiser to update appraisal report of the collateral every two(2) years

vi. Require the borrower to submit a copy of renewal for expired DTI

vii. Notify the borrower for renewal of soon to expire Fire insurance of building

viii. collateral (1 month before the expiry)

ix. Notify the borrower the renewal of MRI( Life Insurance)

• Monitors the monthly collection of amortization due of current accounts, past due accounts and Litigated accounts
• Prepares reminder and demand letters for defaulted borrowers reviewed & checked the loan officer
• Assist the Loan officer of preparing monthly reports

i. Generate Loan Listing

ii. Loan Loss Provision

iii. Past Due Report

iv. ROPA

v. Collection Report

vi. Generate in system the amortization due for the following month

• Assist the loan officer the Quarterly reports to BSP

i. Agri-Agra report

ii. MSME report

• Assist the Loan officer for CRECOM /BOD reports
• Make an inventory list of lacking documentary requirements per borrowers, in accurate loan underwriting, deviation of loan purpose and any deficiencies found shall be reported to the President.
• Maintain logbooks/registers for postdated checks and classified Promissory notes;
• Prepare reminders and demand letters to defaulted borrowers and make recommendation to credit committee the accounts for litigation and foreclosure;
• Maintain logbooks for loan releases