Credit Risk Analyst
Pilar, Sorsogon
Posted 11 days ago
- Company:
- Rural Bank of Pilar (Sorsogon) Inc.
- Company Description:
- Founded in the year 1967 by Alfredo Alcazar Hoezl, a German- Spanish (Filipino by birth) and Jose P. Roces on January 7, 1967 in a laidback but economically significant coastal town of Pilar in Sorsogon, the Rural Bank of Pilar (Sorsogon), Inc. has been living true to its vision as a countryside banker excellently serving the constituents of the province of Bicol. Despite the Bank Management’s prudence, frugality and tenacity since its inception in 1967, it went through various forms of regulatory, business and operational challenges. The operation of the Bank went on smoothly until 1987 when super typhoon “Sisang” hit the Bicol Region and adversely affected the Bank resulting to high past due loans and mounting bills payable that almost pushed the Bank to close its operations. The Roces Family Group, headed by Engr. Orlando B. Roces, son of co-founder Jose P. Roces bought the other shares of stocks of the Bank and took over bank ownership. This move resulted to a total turn-around for the bank in all aspects, thereby bringing forth renewed strategic direction and vigor and enthusiasm to the bank’s team to move forward. Now with more than 50 years of operation under its belt, Rural Bank of Pilar (Sorsogon), Inc. has been among the top-rated rural banks in the country. It has been sustaining high year-on-year CAMELS ratings from the Bangko Sentral ng Pilipinas. Furthermore, the Bank began to deliver to its growth and expansion goals through its branching initiatives. Currently, the Bank has three (3) branches and four (4) Branch-lite Units (BLUs) with strong presence within Sorsogon and Albay provinces. For the years ahead, the Rural Bank of Pilar (Sorsogon), Inc. has always been a bank of possibilities. Its dreams and aspirations are planned to be better realized by further building and maintaining excellent operational and administrative machinery to be all wrapped in an open innovation environment that bring about fresh ideas and breakthrough thinking as its ever-proactive prime movers continue to rethink how they live and work and bring people together, making them more collaborative and productive to drive innovation. RBPI has been under the regulatory supervision of the Bangko Sentral ng Pilipinas (BSP), and Philippine Deposit Insurance Corporation (PDIC), and the Securities and Exchange Commission; and a consistently active and member of good standing of the Rural Bankers Association of the Philippines (RBAP).
- Contract Type:
- Full Time
- Experience Required:
- 3 to 4 years
- Education Level:
- Bachelor’s Degree
- Number of vacancies:
- 1
Job Description
We are seeking a skilled Credit Risk Analyst to join our team at Rural Bank of Pilar Sorsogon, Inc. (RBPI) in Pilar Sorsogon. As a full-time Credit Risk Analyst, you will play a crucial role in evaluating and analyzing credit applications, ensuring that the bank's lending decisions are well-informed and aligned with its risk appetite.
What you'll be doing
Assess credit applications from businesses and individuals, evaluating their financial standing, creditworthiness and repayment capacity
Gather and analyze relevant financial data, including balance sheets, income statements and cash flow projections
Identify and mitigate potential credit risks, providing recommendations to the credit committee
Maintain comprehensive credit records and documentation
Collaborate with the sales team to provide input on credit terms and conditions
Stay up-to-date with industry regulations, guidelines and best practices in credit analysis
What we're looking for
Relevant bachelor's degree in Finance, Accounting, Economics or a related field
Minimum 3 years of experience in a credit analysis or lending role, preferably within the banking or financial services industry
Strong analytical and problem-solving skills, with the ability to interpret financial statements and identify potential risks
Excellent communication and interpersonal skills, with the ability to present findings and recommendations effectively
Proficient in using financial analysis software and spreadsheet applications
Thorough understanding of credit policies, regulations and best practices in the banking industry
Attention to detail and a commitment to maintaining accurate and up-to-date records
What we offer
At RBPI, we are committed to providing a supportive and rewarding work environment for our employees. As a Credit Analyst, you can expect:
Competitive salary and performance-based bonuses
Comprehensive health and life insurance benefits
Opportunities for professional development and career advancement
Collaborative and inclusive work culture
Free Accommodation
About us
Rural Bank of Pilar Sorsogon, Inc. (RBPI) is a leading community bank in the Bicol region, providing a range of financial services to businesses and individuals. With a strong focus on customer service and community development, we are dedicated to supporting the growth and prosperity of the local economy. As an employer, we value our employees' contributions and strive to create a nurturing and supportive work environment.
If you are interested in this exciting opportunity, please apply now.