Marilou M. Vitug
Makati City
Summary
With over 25 years of work experience in the banking industry, extensive knowledge in various operations including Loans, Trade and International, Remittances, and Treasury. Expertise extends to branch banking transactions such as deposit and check management, as well as creating policies and procedures. Consistently focused on system enhancement and process improvement to drive efficiency within the bank.
Overview
29
29
years of professional experience
Work History
VP - Head of Treasury Admin
Sumitomo Mitsui Banking Corporation
04.2022 - 10.2024
- As Head of Treasury Admin, I am responsible for the onshore(Manila) and offshore (Malaysia) Treasury Team to ensure high level achievement of KPI and KRI for Treasury Transactions
- End to end processing for treasury transactions
- Handles report monitoring submitted to Financial Accounting Department (FAD)
- This includes customer settlement and bank to bank transactions monitoring
- Handles Facility Letter Agreement checking
- Handles system automation and process improvements for treasury
- Officer-in-Charge/Back-up for Loans (LAU), Trade and International Operations Unit (TRU), Deposit Unit (DU)
- Handles report preparation submitted to APAC Region
- Handles CIC Reporting and Risk Assessment Framework for Treasury Operations
- Handles system automation for treasury operations such as report preparation for BSP and FAD submission, accounting entries for manual transactions, and monitoring of asset cover
- Supports Treasury Front for bank recon and monitoring of funds
- System Lead Coordinator for process improvements in operations
- Lead Compliance Coordinator for Treasury, Trade and Remittance Group (TTRG)
- Performs other duties that may be assigned from time to time by Head of Operations
AVP - Head of Loans Admin
Sumitomo Mitsui Banking Corporation
06.2015 - 04.2022
- As Head of Loans Admin, I am responsible for the onshore(Manila) and offshore (Malaysia) Loans Team to ensure high level achievement of KPI and KRI for Loans Transactions
- End to end processing for loan transactions
- Handles report monitoring submitted to Financial Accounting Department (FAD)
- This includes client screening settlement via local payment systems
- Handles Facility Letter Agreement checking
- Handles system automation for loans
- Officer-in-Charge/Back-up for Treasury Administration Unit (TAU), International Operations Unit (IOU), Deposit Unit (DU)
- Handles report preparation submitted to APAC Region
- Handles CIC Report and Risk Assessment Framework for Loans
- Handles the automatic DST Computation, tagging for Agri-Agra Loans and Past Due Monitoring
- System Lead Coordinator for Process Improvement for the operations
- Performs other duties that may be assigned from time to time by Head of Operations
Manager - Head Loans and Discount Department
Philippine Veterans Bank
06.2014 - 06.2015
- Overall in charge of Loan Processing, Client Servicing, and Accounting and Reports for Loans and Discount operations
- Implements approved Credit Facilities related to Loans and Discount
- Work closely with the Account Management Department in the monitoring of client accounts
- Manages all the communication channels to all clients (internal and external) and maintain goodwill, resolve issues and other concerns raised by them
- Ensures accurate and timely submission of all internal and external reports required by the different department
- Ensures that the operations of the department are in strict compliance with the Bank's standard operating procedures, laws and rules and regulations of governing agencies
- Handles all the statutory reports required by the different government agencies
- Prepares and implement Department's approved annual budget
- Responsible for the professional development of personnel in the department, recommends promotion, salary increases, and transfer of personnel
- Spearhead process improvements of the department
- Responsible in maintaining the high morals and motivation of the staff
- Officer-in-Charge/Back-up for Trade and International Operations Department (TIOD) and Treasury Operations Department (TOD)
- Lead in identifying reconciling items related to Loans transactions needed by the Bank Reconciliation Group of the Central Finance Accounting Department
- Performs other duties that may be assigned from time to time by the Administration and Services Division Head
Manager - Head Trade & International Operations Department
Philippine Veterans Bank
06.2007 - 06.2014
- Overall in charge of Import, Export, Domestic, Remittance and Accounting of trade and international operations
- Implements approved Credit Facilities related to Trade Finance
- Work closely with the Account Management Department in the monitoring of client accounts
- Coordinates with the Fund Management Department in the appropriation of funds in the correspondent banks for the Department's daily transactions
- Handles all incoming and outgoing SWIFT messages and fund transfers advice from other banks
- Monitors the movement of funds through electronic transfers using the facilities of Citibank, Philippine Central Depository, Philippine Clearing House Corporation, Electronic Peso Clearing System and Due Foreign Banks -Wachovia (FCDU and Regular), JP Morgan Chase Bank New York and Citibank New York
- Maintains all the communication channels to the representatives of foreign correspondent banks and Offshore Banking Units (OBUs) and maintain goodwill, resolve issues and other concerns raised by them
- Ensures accurate and timely submission of all internal and external reports required by the different department
- Ensures that the operations of the department are in strict compliance with the Bank's standard operating procedures, laws and rules and regulations of governing agencies
- Handles all the statutory reports required by the different government agencies
- Prepares annual budget of the Department
- Recommends to the Division Head promotions, increases and transfer of personnel in the Department
- Spearhead process improvements of the department
- Responsible in maintaining the high morals and motivation of the staff and ensures their professional growth
- Officer-in-Charge/Back-up for Treasury and Loans Department
- Lead in identifying reconciling items related for all Due Foreign Banks transactions needed by the Bank Reconciliation Group of the Central Finance Accounting Department
- Performs other duties that may be assigned from time to time by the Bank Operations Support Division Head
Assistant Manager - International Department
Chinatrust (Phils.) Commercial Bank Corp.
12.2004 - 06.2007
- Overall in charge of Import Bills (Dollar, Domestic, Peso, DA/DP/OA)
- Processed payments of all IB maturities and pre-terminations
- Processed all Trust Receipt Bookings
- Prepared Cable Negotiations
- Monitored Trust Receipt bookings
- Processed Trust Receipt Documentations
- Collected Trust Receipts payments
- Monitored Trust Receipt Maturities and Extensions
- Prepared Billing Statement
- Monthly Reports
- Volume Report
- Accruals
- Taiwan/China Report
Accounting Assistant
Tomen Telecom Philippines, Inc.
10.2003 - 12.2004
Store Manager
Catanaoan Food Services
03.2002 - 06.2003
PROCESSOR II- Loans Division
Global Business Bank
07.2000 - 02.2002
PROCESSOR II - HOOG Loans Operations
Asianbank Corporation
03.1999 - 06.2000
PROCESSOR I - International Department
Asianbank Corporation
06.1997 - 03.1999
OPERATOR - TSOP Department (Working Student)
Intel Philippines Manufacturing Inc.
08.1995 - 04.1996
Education
Bachelor Of Science - Business Accountancy
Polytechnic University of The Philippines
Sta. Mesa, Manila04.1997
Skills
- Computer Literate
- Familiar with System Applications
- Team lead for system set-up
- Hardworking
- Perseverance
- Process Improvements
Summaryofqualification
More than 25 years of work experience in the banking industry knowledgeable in operations for Loans, Trade and International, Remittances and Treasury. Branch Banking transactions such as deposit, check management, creating policy and procedures, system enhancement and process improvement within the bank.
Timeline
VP - Head of Treasury Admin
Sumitomo Mitsui Banking Corporation
04.2022 - 10.2024
AVP - Head of Loans Admin
Sumitomo Mitsui Banking Corporation
06.2015 - 04.2022
Manager - Head Loans and Discount Department
Philippine Veterans Bank
06.2014 - 06.2015
Manager - Head Trade & International Operations Department
Philippine Veterans Bank
06.2007 - 06.2014
Assistant Manager - International Department
Chinatrust (Phils.) Commercial Bank Corp.
12.2004 - 06.2007
Accounting Assistant
Tomen Telecom Philippines, Inc.
10.2003 - 12.2004
Store Manager
Catanaoan Food Services
03.2002 - 06.2003
PROCESSOR II- Loans Division
Global Business Bank
07.2000 - 02.2002
PROCESSOR II - HOOG Loans Operations
Asianbank Corporation
03.1999 - 06.2000
PROCESSOR I - International Department
Asianbank Corporation
06.1997 - 03.1999
OPERATOR - TSOP Department (Working Student)
Intel Philippines Manufacturing Inc.
08.1995 - 04.1996
Bachelor Of Science - Business Accountancy
Polytechnic University of The Philippines
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