- Prepares informative memoranda for Management perusal containing account developments and/or loan recovery efforts, whether prospective or ongoing.
- Prepares necessary recommendations and presents to Management appropriate strategy/remedial action to undertake emerging from the evaluations/studies/researches made.
- Coordinates with other units of the bank to ensure smooth and proper implementation and documentation of approved settlement scheme.
- Monitors/ensures clients'/borrowers' adherence to the terms and conditions of the approved settlement scheme, most especially the on-time remittance of the scheduled payments and compliance with the documentary requirements.
- Monitors subsequent developments with the company (e.g. supplier relations, loss of customers, etc.) and the industry (e.g. removal of tariffs, new entrants and new production technologies) which may impact the approved settlement scheme as well as development on cases filed versus the borrowers.
- Attends consortia meetings as well as court hearings, if deemed necessary.
- Prepares necessary correspondences to clients as well as fellow creditor banks.
- Prepares reports such as collection report, master list of accounts and other reports that maybe required.
- At least 3 years work experience in handling remedial accounts
- Experience in handling consumer banking and commercial banking
- With experience in handling Commercial / Corporate Accounts
- Has credit and financial analysis experience
- Excellent negotiation and presentation skills
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+ Be #inGoodHands with Metrobank · Here at Metrobank we don't simply hire employees—we hone future leaders. · We provide opportunities that enhance your skills and unlock your talents helping you evolve into a well-rounded individual. · We supply you with all the pieces you need ...
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Remedial Officer - Taguig - Metrobank
Paglalarawan
Be #inGoodHands with Metrobank
Be #inGoodHands with Metrobank Here at Metrobank, we don't simply hire employees—we hone future leaders. We provide opportunities that enhance your skills and unlock your talents, helping you evolve into a well-rounded individual. We supply you with all the pieces you need to do your best work, unleashing your full potential to help you secure your future and lead a fulfilling career. And with Metrobank's strong heart for the community, you have the chance to give back and make worthwhile contributions to our nation's economic and social development.
With Metrobank, a meaningful life is within your reach
Position Title: Remedial Officer (Special Accounts Management Officer)
Job Responsibilities:
Responsible for the management and resolution of past due loans as well as potential problem accounts referred by the Group, focusing on the development and implementation of remedial remedies and appropriate action plans with the objective of reducing the Bank's Non-Performing Loans (NPL); Ensures recovery of loan exposure. Improves collateral/security position; and in specific instances, initiates and sustains legal actions.
Qualifications:
Other details:
Rank: SAM - SM
Office Location: The Shops BGC Taguig
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