JOB SUMMARY
The primary task of an Account Officer is to aggressively market accounts for loan processing, effectively package the loan based on the need of the client and endorses it to the appropriate approving authorities for approval.
The Account Officer is responsible for the submission of all documentary requirements by the borrowers and completion of documentary deficiencies (if there’s any).
DUTIES AND RESPONSIBILITIES
Originates, underwrites and prepares Credit Proposal that covers but not limited to the following areas: assessment of the financial capabilities of the client including financial analysis, requests for NFIS/BAP checking, collateral appraisal and employment/business verification.Advises the client on the approval and loan release details pertaining to the availed credit facility and requests clients for the submission of updated documents.Processes credit line renewals/roll-overs of commercial accounts.Assists on the accounts collection efforts.5. Performs duties and responsibilities under the latest manual of operations
6. Performs other tasks that may be assigned from time to time by the Management.
Specific Duties Include:
· Aggressively market accounts for loan processing to substantially build-up loan portfolio.
· Periodically facilitates on-call visits to respective clients to create rapport
· Reviews all loan documents covering approved facilities prior signature of client and validates correctness and completeness of all documentation prior release
· Monitors assigned monthly budget and makes sure to accomplish the set target
· Discusses significant credit risks to immediate supervisor should there be any
· Conducts term loan review of commercial loan accounts.
· Ensures that all documentary requirements of the borrowers are complied.
Qualifications:
· Graduate of any four (4) year degree course in Marketing Management, Economics or any Business-related courses.
· Minimum of 1 year-experience as Account Officer handling commercial loans
· General computer skills with specific knowledge of Windows-based applications (e.g. Word, Excel, PowerPoint);
· With knowledge in current banking laws and regulations, required loan documentation, and bank lending policies;
· Good communication and interpersonal skills