Account Officer

POSITION TITLE : ACCOUNT OFFICER REPORTS TO : SALES HEAD DIRECTLY SUPERVISES : N/A UNIT / DEPARTMENT : SALES DIVISION/GROUP : ​PROPERTY MANAGEMENT / OFFICE OF THE CAO / OFFICE OF THE CFO JOB SUMMARY The Account Officer is in-charge of the management of assets, of the Bank, particularly properties/auto, and its subsidiaries including those owned and acquired. Management includes among other inspection, maintenance, sale, documentation, warehousing and consignment, if applicable. PRINCIPAL DUTIES AND RESPONSIBILITIES Client Relationship Management · Ensures proper turnover of sold asset including complete documentation to satisfy and finalize deals with client Governance, Control and Risk Management · Monitors movement and physical administration of all turned-over assets from repossession, redemption period, booking to ROPA up to booking of sale · Secures and updates timely reappraisals of bank assets to reflect the appropriate pricing in various mediums used to market bank assets Leadership/Management · Installs and monitors all personnel involved in physical security of assets including but not limited to security management, by conducting regular inspections/reviewing reports to ensure smooth operations Marketing Adeptness · Sale of ROPA assets and surrendered units by exploring all possible marketing strategies such as web marketing, consignment, coordination with brokers/agents to maximize recovery from loss or generate income Negotiation or Mediation Skills · Negotiation of possible branch sites as endorsed by Branch Expansion and Monitoring Group to achieve competitive rates and terms and conditions on new leases Planning and Organizing · Ensures warehousing of all vehicles turned over to PMD including insurance coverage and repair and maintenance of all warehouses to properly manage bank assets Quality Orientation · Supervises tabulation of weekly bidding using constant process improvement to ensure accuracy of awarding/sale of units and at the same time meet the demands of the market/client Risk Management, Security, and Information Assurance · Preparation of term sheet and ensuring KYC is done and KYC documents are submitted and reviewed to finalize sale to clients Understanding and Application of Compliance and Regulatory Guidelines · Processes incentives, commissions and consignment fees based on existing policy upon finalization of sale · Monitors documentation of sale and updating of contracts with consignors to protect the bank during marketing tie-ups with other entities It is accepted and understood that the employee may perform other related tasks which may be assigned from time to time. JOB QUALIFICATIONS Years of Work Experience : 1-2 years Educational Attainment/Required course (if applicable) : Bachelor's Degree in Business Studies/Administration/ Management, Commerce, Economics, Finance/Accountancy/Banking, Marketing Required Certification/Professional License ( if applicable ): N/A Field of Specialization ( if applicable ): Banking and Financial, Clerical/Administrative, Sales-Retail Industry : Banking, Property/Facilities Management, Real Estate Development, Sales Knowledge and Skills Requirement: · Knowledgeable in regulatory compliance regarding ROPA disposal · Knowledgeable in Philippine Laws governing sale and foreclosures of Real Estate and chattel mortgages (including Taxes) · Knowledgeable in basic KYC and AMLC requirements of BSP · Effective oral and written communication skills Excellent negotiation skills · Customer-centric; Detail-orientation; Adaptability with all walks of life · Dependable and energetic