Loans Analyst
LOANS ANALYST
About the Role
The Loans Analyst is responsible for the efficient and effective booking, processing, and servicing of the Bank's loans, investments, acquired assets and other credit accommodations.
Duties and Responsibilities
- Assists in the review of submitted documents as to completeness, accuracy and consistent with approved CP/Agreement and bank policy. (Performs signature verification)
- Assists in the processing of loans, ROPA and other credit accommodations:
- Processes loan release (creates customer information, sets-up approval, initiates loan opening, prepares credit advice)
- Processes acquisition and disposal of ROPA
- Implements loan restructuring, novation/amendment of facility, interest rate changes/repricing
Complex - 5%
Minor - 25%
- Assists in the servicing of loans, ROPA and other credit accommodations
- Applies loan payments
- Books adjustments on BRR/reserves and reclassifies accounts
- Generates billing statements
- Books advances/expenses/refund of overpayment
- Prepares statement of accounts, deficiency and total claims
- Prepares certificate of full payment account review sheet and bank certificates
- Assists in the housekeeping activities
- Prepares transmittal of PN
- Issues Account Review Sheet, clearance and certificate of full payment.
- Validates accrual
- Reviews float items, conducts GL-SL reconciliation and callback of transactions
- Assists in the preparation of periodic reports to management, other departments and government agencies.
Qualifications
Educations:
Bachelor's degree
Work Experience:
1 year of experience relevant to the job
Training:
8 hours of training relevant to the job
Eligibility:
Career Service Professional for Second Level Position
LOANS ANALYST
About the Role
The Loans Analyst is responsible for the efficient and effective booking, processing, and servicing of the Bank's loans, investments, acquired assets and other credit accommodations.
Duties and Responsibilities
- Assists in the review of submitted documents as to completeness, accuracy and consistent with approved CP/Agreement and bank policy. (Performs signature verification)
- Assists in the processing of loans, ROPA and other credit accommodations:
- Processes loan release (creates customer information, sets-up approval, initiates loan opening, prepares credit advice)
- Processes acquisition and disposal of ROPA
- Implements loan restructuring, novation/amendment of facility, interest rate changes/repricing
Complex - 5%
Minor - 25%
- Assists in the servicing of loans, ROPA and other credit accommodations
- Applies loan payments
- Books adjustments on BRR/reserves and reclassifies accounts
- Generates billing statements
- Books advances/expenses/refund of overpayment
- Prepares statement of accounts, deficiency and total claims
- Prepares certificate of full payment account review sheet and bank certificates
- Assists in the housekeeping activities
- Prepares transmittal of PN
- Issues Account Review Sheet, clearance and certificate of full payment.
- Validates accrual
- Reviews float items, conducts GL-SL reconciliation and callback of transactions
- Assists in the preparation of periodic reports to management, other departments and government agencies.
Qualifications
Educations:
Bachelor's degree
Work Experience:
1 year of experience relevant to the job
Training:
8 hours of training relevant to the job
Eligibility:
Career Service Professional for Second Level Position