Loans Associate

JOB OBJECTIVE:

• Performs administrative functions such as facilitating the release of loan check and ensuring compliance of the borrower to loan documents/requirements.

RESPONSIBILITIES:

· Informs the client regarding loan charges such as monthly amortization, deductions, penalties, net proceeds and documentation requirements prior to release of loan.

· Ensures that borrower/co-borrower/co-maker complies with the required documents prior to release of loan proceed.

· Checks the completeness, validity and authenticity of all documents submitted by the borrower/co-borrower/co-maker.

· Facilitates signing of legal documents to borrowers/co-borrowers/co-makers such as Promissory Note (PN), Disclosure Statement (DS), Chattel Mortgage (CHM), Dacion En Pago, Voluntary Surrender (for collateral), and Deed of Assignment as applicable.

· Prepares the Post-Dated Checks (PDCs) and provides a printed copy of PDC list to Treasury Assistant.

· Prepares and submits the following reports to the Immediate Superior on a daily and monthly basis:

- Accounts Released - Treasury Head

- For Mortgage Collateral Accounts Released - Documentation Assistant

· Facilitates releasing of loan proceeds to borrowers after completing the required documentations and cancellation of loan checks that are not claimed by borrowers.

· Encodes all information of the loan borrower in the database system (master file).

· Prepares check requests for rebates, refunds, agent’s commission, net proceeds, cash cards and opening of checking account

· Consolidates and ensures proper filing of all loan documents.

· Performs other work-related functions that may be assigned from time to time.

Job Type: Full-time

Benefits:

• Additional leave
• Company Christmas gift
• Company events
• Opportunities for promotion
• Paid training

Schedule:

• 8 hour shift

Supplemental Pay:

• 13th month salary
• Overtime pay
• Yearly bonus

Application Question(s):

• Willing to conduct hands-on training for minimum two weeks in the head office (Ortigas, Pasig City) along with other new hires? Accommodation, food, and transportation budget will be provided.

Education:

• Bachelor's (Preferred)

Experience:

• Microsoft Excel: 1 year (Preferred)