JOB SUMMARY
The primary task of an Account Officer is to aggressively market accounts for loan processing, effectively package the loan 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
Requests from the borrowers all the documentary requirements needed for the processing and approval of the loan.Prepares Credit Proposal that covers but not limited to the following areas: assessment of the borrower’s capacity-to-pay, requests for NFIS/BAP checking, collateral appraisal and employment/business verification.Advises the client on the details of the loan approval and release of the loan.Reports to Consumer Lending Head should there be deterioration on the account’s payment status and provides recommendation if subject account is for restructuring.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.
· Monitors assigned monthly budget and makes sure to accomplish the set target
· Reviews all loan documents prior signature of client and validates correctness and completeness of all documentation prior release
· Ensures that all documentary requirements of the borrowers are complied and all loan documents are signed and verified.
· Applies and renews the life insurance of borrowers.
· Endorses documents of new projects to appraiser for ocular inspection.
· Follows up Developers on the collateral documents’ submission.
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 consumer 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