1.Company description

Netbank is a start-up fintech led bank, focused on the under-served. Its model is to:

• Partner with Fintechs, banks and non-bank lenders, who have existing client networks

• Allow these partners to sign-up clients, for an origination fee, booked on Netbank’s balance sheet. Netbank would provide:

  • Loans to clients, so the partners can grow without raising additional capital

  • Deposit accounts for clients, serviced by the partner (on a white-label basis)

  • Technology services to the partners, allowing them more efficient processing and better client satisfaction

  • Provide banking services through APIs.

Netbank will initially operate in the Philippines, but the business model is applicable across multiple geographies.

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2.Job Summary

The Netbank Credit Risk Assessment & Analytics Manager will be primarily responsible for Credit Risk Assessment and Credit Evaluation of lending partners and their end clients (borrowers).

 

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3.Duties and Responsibilities

• Develop credit risk tools (credit scoring, collections data, etc.)

  • Review alternative providers

  • Assess based on effectiveness

  • Manage relationships

• Loan governance and Policy development

  • Manage the bank’s credit risk committee

  • Oversee loans manuals

• Onboarding

  • Identify clients

  • Promote Netbank’s lending products

  • Conduct initial risk assessment

  • Conduct partner’s onboarding and risk review. Assess loss rates and profitability

  • Conduct evaluation of due diligence documents and Know-your-Business (KYB) evaluation of prospective lending partners

  • In charge with the credit evaluation on each client of the alternative lender partner

• Lending credit risk optimisation

  • Build databases to allow statistical analysis of historical loan performance to identify criteria which predict loan loss. Maintain and update these models

  • Conduct loan reviews / Develop understanding of the underlying causes of risk for each type of loan

  • Assess lending criteria / loan acceptance criteria for individual loan programs

  • Integrate credit risk assessment tools into the loan acceptance criteria

• Lending process optimisation

  • Review lending processes to understand issues that take time, slow the process

  • Review and optimise the process

  • Remove credit risk mitigation process steps that are not bringing value

• Individual loans assessment. Conduct personally, or lead a team to:

  • Perform the credit investigation and background investigation and negative checks (e.g. BAP NFIS) on each clients

  • Analyze financial statements, cash flow statements and other similar documents submitted by clients to determine the payment capacity of the borrowers.

  • Analyze appraisal reports to determine the marketability and acceptability of the property/ies offered as collateral/s.

  • Coordinate with partners and/or applicant to clarify and validate the data provided.

  • Prepare loan summary/proposals and recommend for the loan’s approval or rejection based on the based on the loan acceptance criteria and the Bank’s credit policies.

  • Present loan summary/proposals to approvers as needed.

• Support projects to develop additional products to lenders

  • Identify new solutions and use cases relevant to the partnership model

  • Conduct collaborations with other Netbank groups

• In charge of providing reports to management on an ad-hoc basis

 

The position will be based in Manila, but remote working is possible. It will initially report to the Head of Operations. 

 

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4. Reporting line

Reports to CEO of the Bank.

 

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5. Metrics to monitor

• Efficient turn-around time of loan applications based on the standard set by the Bank

• Good credit quality of the portfolio

• Good relationship with partners

 

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6. Required skills and qualifications

• Filipino national

• Bachelor’s Degree, preferably in Business Administration/Commerce, Business Management, Economics, Financial Management or their equivalent.

• 3-5 years experience in credit risk assessment – especially in consumer and SME lending

• Ability to explain Netbank products to clients.

• Knowledgeable in banking operations, products and services

• Knowledgeable in banking regulatory requirements

• Good oral and written communication

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7. Desired personality type

• Detail and process orientated, ensuring complete execution of loan acceptance criteria and credit policies

• With strong analytical skills, especially numerical analysis.

• Judgment to identify the impact of analytical findings

• Can work independently and proactively. Results-oriented

• Ability to multi-task and work under pressure.

• Professionalism at the highest level.

• Energetic and positive