General Description:
Work undertaken by this position can be classified under the following:
- Negotiates with clients that are i n past due status
Prepares proposals for restructuring, dacion or foreclosure- Must be knowledgeable of the different credit policies and packages
Coordinates with the AMG, Collection Section, LAD, Credit Review Dept and Legal in determining the appropriate remedy to cure the loan
- Liaise with the external and internal auditors during audit season if required
Scope of Works:
- Coordinates with the Collection Unit (under LAD) & AMG in determining the cause of the impairment of the loan of the borrower.
Negotiate with the borrower to determine the borrower's source of repayment.- Liaise with Legal to determine the legal course of action that maybe imposed on the borrower.
Prepare recommendation for restructuring, dacion or foreclosure.
- Recommends account/s for write-off.
Recommends loan loss classification if necessary.- Review this from time to time to meet changes in the business environment & local regulations, with the end in view, not only to provide better service to lending units but more importantly, to safeguard the Bank's interest.
Requirements:- Graduate of any Business course
Must have not less than 2 years experience in performing function related to collection and remedial management.
Skills Required:
- Computer literate with good working skills in MS office.
Financial and credit analysis skills.- Good verbal and written English communication.
Thorough knowledge of banking and local regulatory policies regarding lending.
- With good interpersonal and managerial skills.
Job Type: Full-time
