Credit Management Flashcards
The Credit Management Group is under what segment?
Business Operations Support Segment
How many officers and staffs CMG currently have?
189 Officers and staffs
What are the 3 main roles of CMG?
- Control
- Credit Policies
- Credit Reports
End Goal: Credit Quality
Responsive to achieving the credit quality, what are ways CMG can do to achieve such role and objective?
- Independent
- Credit Tools
- Sound Credit Management
What are the 4 areas of inter-relationship of CMG?
- Legal
- Compliance
- Operations
- RMG
What’s the intersection between Legal & Compliance?
Laws & Acts
What’s the intersection between legal and operations?
Internal Policies
What’s the intersection between Operations and RMG?
Policy Implementation
What’s the intersection between Compliance and RMG?
Regulations
What are the four divisions under Credit Management group?
- Credit Policy Supervision Department (CPSD)
- Credit Process Management Division (CPMD)
- Credit Documentation and Control Division (CDCD)
- Credit and Market Research Department (CMRD)
This division mainly handles the credit formulation and amendment and card bulletin. They provide supervision/ compliance with duty to review the product manuals and proposed changes in operational policies and procedures of other units in the bank and even the subsidiaries.
Credit Policy and Supervision Department (CPSD)
They do internal and external credit investigation.
Credit Information Management Department (CIM)
CIM does bank checking via the _____________:
BAP Loandex Information System (LIS)
What are the different departments/Divisions under CPMD?
- CIM
- CMIS
- PAD 1
- PAD 2
They mainly do Internal Credit Investigation and External Credit Investigation through the utilization of the CISA of 2008.
Credit Information Management Department (CIM)
They coordinate with PCCI on the required monthly extracts of loans and credit facilities.
CIM made possible through CISA (RA 9150).
What’s the 2 main mandates of CPSD under its Credit Policy?
- Formulation, Amendment
- Credit Bulletin
How do CIM does external credit investigation?
- Residence Address Verification
- Business Verification
- Employment Verification
- Lease Verification
- Trade Verification
(RBELT)
CIM does adverse checking via _____________________
Negative File Information System (NFIS)
SEC and DTI Verification can be done through
SEC and CIBI
In doing external investigation, what are the things you need to verify?
- Residence Address Verification
- Business Verification
- Employment Verification
- Lease Verification
- Trade Verification
What specific law is CISA?
RA 9150
True or False: CISA ensures that CBC credit data is submitted to the CIC on or before the 3rd banking day of the month.
False. 5th banking day
True or False: CMIS process requests to access and get credit reports from CIC
False. It is the CIM.
