Job Summary
- Supports the Account Officers with the credit processing including verification and underwriting of both simple and more complex Auto Loan applications requiring Committee approvals.
- Ensures that loan accounts are approved in adherence with prescribed policies and procedures and in support to credit objectives of the bank.
- Given his experience in consumer loan underwriting, he gives insights and recommendations on the Bank's credit policies and procedures. The incumbent shall ensure operating standards, policies and procedures are complied with.
- With delegation approval, the Auto Loans Credit Officer renders judgment on loans processed, while providing analytical, detail oriented support for ensuring accuracy and consistency of underwriting and documentation quality for all loan requests prior to loan booking.
How will you contribute
- Possesses skills at data gathering and probing, and is able to perform diligent investigation.
- Safeguards the Bank's interest thru prudent approval of Auto loan applications, including maintaining asset quality where evaluation of the collateral is measured against the credit risk
- associated with it. Has the aptitude to seek acceptable and appropriate justifications to credit exceptions cited.
- Ensures data integrity through accurate encoding of credit decisions into the system.
- Warrants accurate and timely preparation of required reports.
- Ensures all stipulated operating guidelines of CMG operations and the general procedures and guidelines laid down by the Bank are strictly adhered to.
- Adheres and complies with all applicable regulatory policies and procedures governing banks.
- Possesses a detailed working knowledge of the bank's credit policies and procedures.
- Keeps abreast of updates on the Bank and BSP policies as stipulated in the Money
- Laundering and Terrorist Financing Prevention Program (MLPP) through circulars, required seminars/programs and adheres to said policies
What will make you successful
- At least 2 years experience in credit or underwriting of Auto Loans. Preferably with exposure in processing other consumer loan products.
- Well-versed in Bank's policies and procedures, good communication skills, ability to draw out information during credit investigation
- With relevant experience involving consumer loan products and/or other bank loan operations
