Credit Officer (corporate loans)

Drake’s top client – financial services is looking for a Credit Officer to be part of their collaborative team in BGC, Taguig. Core Functions: The Corporate Credit Officer is responsible for the review, financial analysis, and evaluation of verified information for all corporate applications to arrive at a decision within the corresponding lending and deviation authority while optimizing business potentials within the acceptable credit risk to achieve business targets and goals while ensuring portfolio quality is maintained. Responsibilities:

• Conduct an initial assessment of the corporate borrower and its major shareholders/directors and lay out the necessary and further clarification.
• Together with the Account Officer, conducts interview and ocular inspection with the client to determine the risk profile of the borrower and to validate the business operations.
• Checks the Loandex, NFIS, and other third-party applicable credit bureaus.
• Conduct trade checking with borrowers' customers and suppliers.
• Analysis and validation of the submitted bank statements.
• Prepares financial spreadsheet based on the audited financial statements to determine the capacity of the borrower to pay.
• Prepares in-depth credit proposals after gathering all the necessary information which include but not limited to:

o Company background. o Financial analysis (Ratios, AFS entry movement – favorable and not favorable). o Summary of the trade and bank checking, field visit conducted. o Recommendation on the loan package.

• Prepares 3-year financial projection only when necessary.
• Presents the Credit Proposal to the Excom depending on the credit limit endorsed.
• Conducts loan reviews, line renewals, and new line availment when necessary.
• Perform other duties that may be assigned by immediate superior.

Qualifications:

• Bachelor’s degree in Finance, Accounting, Economics or any other related field.
• At least 1 year experience in Credit Evaluation and Financial analysis of corporate loans.
• At least 2 years’ experience in Medical Equipment procurement.
• Fresh graduates with a background in Finance/Accounting are welcome to apply.
• Well-versed in English and Filipino.
• Willing to work onsite in BGC, Taguig City.

Salary: 30,000 to 60,000 PHP/month What’s in it for you?

• Values its human capital.
• Supportive working environment.
• Professional development opportunities.
• Competitive salary and benefits.