Loans Processor

JOB SUMMARY

Responsible for booking of all loan transactions of Consumer Lending Group including release of loan proceeds as specified in the loan instruction sheets. Ensures that the terms and conditions as set forth in the loan documents are complied to.

JOB DESCRIPTION

• Reviews and verifies completeness of documents received from Marketing Units/Central Liability and Custodianship Department (CLCD)
• Review loan approval medium on terms and conditions
• Check computations, loan rates, charges and other data on the LTIS.
• Posts in the BDS, the accounting entries of transactions
• Computes for the Effective Interest Rate (EIR) to be reflected in the Disclosure Statement
• Prepares Amortization Schedule
• Check and review details in LTIS received from Loans Servicing, Collections and other units
• Receives check and IBT payments
• Validate computa...