About PhilGuarantee
Philippine Guarantee Corporation (PhilGuarantee) is a government-owned and controlled corporation in the Philippines that provides credit guarantees to small and medium-sized enterprises (SMEs). Since its establishment in 1977, PhilGuarantee has played a significant role in promoting the growth and development of SMEs in the country.
SMEs are an essential part of the Philippine economy, accounting for over 99% of all registered businesses in the country and contributing significantly to employment and income generation. However, these businesses often face difficulties in accessing financing due to a lack of collateral or limited credit history. PhilGuarantee addresses this issue by providing credit guarantees to SMEs, which reduces the risk that banks and other financial institutions face when lending money to these businesses.
PhilGuarantee’s credit guarantee products are designed to meet the specific needs of SMEs. The pre and post-shipment export credit guarantees, for example, help exporters secure financing for their export transactions, while the working capital guarantees provide SMEs with the working capital they need to operate their businesses. The term loan guarantees, on the other hand, enable SMEs to obtain long-term financing for capital expenditures or business expansion.
PhilGuarantee’s credit guarantee products have several benefits for SMEs. First and foremost, they help SMEs to obtain financing that they may not have been able to access otherwise. This financing can be critical for the growth and development of SMEs, enabling them to purchase equipment, hire employees, or expand their operations.
Second, PhilGuarantee’s credit guarantees can help to reduce the interest rates that SMEs pay on their loans. By providing a guarantee to banks and other financial institutions, PhilGuarantee can help to lower the risk that these lenders face, which can result in lower interest rates for SMEs.
Third, PhilGuarantee’s credit guarantees can help SMEs to build their credit history. By demonstrating their ability to repay loans with the help of a credit guarantee, SMEs can establish a positive credit history that can make it easier for them to access financing in the future.
In addition to its credit guarantee products, PhilGuarantee also offers a range of other services to SMEs. For example, the corporation provides credit information services, which enable SMEs to access information about their credit history and standing. This information can be valuable for SMEs when applying for financing, as it can help them to present a strong case to lenders.
PhilGuarantee also provides capacity-building programs and technical assistance to SMEs. These programs and services are designed to help SMEs improve their management practices, financial literacy, and access to market information. By providing these services, PhilGuarantee aims to help SMEs become more competitive and better able to navigate the challenges of the business environment.
Overall, Philippine Guarantee Corporation (PhilGuarantee) is an essential institution that plays a critical role in promoting the growth and development of SMEs in the Philippines. Its commitment to providing high-quality credit guarantee products and services, coupled with its experienced team of professionals, makes it a valuable partner for SMEs and financial institutions alike. The corporation’s focus on supporting SMEs is critical to the long-term growth and development of the Philippine economy, as SMEs continue to be a vital engine of growth and job creation in the country.
PhilGuarantee Vacant Positions
Philippine Guarantee Corporation (PhilGuarantee) is currently seeking talented and driven individuals to join their team. They have 12 job vacancies across various departments, and they are looking for passionate professionals who share their commitment to promoting the growth and development of small and medium-sized enterprises (SMEs) in the Philippines.
One (1) Compliance Officer V (SG12/ Php 80,796 Monthly Salary)
- Plantilla Item No.: 17
- Education: Master’s degree OR Certificate in Leadership and Management from the CSC
- Training: 40 hours of supervisory/ management learning and development intervention
- Experience: 4 years of supervisory/ management experience
- Eligibility: Career Service (Professional) Second Level Eligibility
- Place of Assignment: Corporate Compliance and Standards Office Makati City
One (1) Compliance Officer II (SG10/ Php 38,037 Monthly Salary)
- Plantilla Item No.: 20
- Education: Bachelor’s degree
- Training: 4 hours of relevant training/s
- Experience: 1 year of relevant experience
- Eligibility: Career Service (Professional) Second Level Eligibility
- Place of Assignment: Corporate Compliance and Standards Office Makati City
One (1) Quality Management Officer III (SG11/ Php 47,777 Monthly Salary)
- Plantilla Item No.: 24
- Education: Bachelor’s degree
- Training: 8 hours of relevant training/s
- Experience: 2 years of relevant experience
- Eligibility: Career Service (Professional) Second Level Eligibility
- Place of Assignment: Corporate Compliance and Standards Office Makati City
One (1) Account Officer II (SG10/ Php 38,037 Monthly Salary)
- Plantilla Item No.: 57
- Education: Bachelor’s degree
- Training: 4 hours of relevant training/s
- Experience: 1 year of relevant experience
- Eligibility: Career Service (Professional) Second Level Eligibility
- Place of Assignment: Corporate Business Development – Priority Sectors Department Makati City
One (1) Marketing Officer II (SG10/ Php 38,037 Monthly Salary)
- Plantilla Item No.: 71
- Education: Bachelor’s degree
- Training: 4 hours of relevant training/s
- Experience: 1 year of relevant experience
- Eligibility: Career Service (Professional) Second Level Eligibility
- Place of Assignment: Corporate Business Development – SME Department Makati City
One (1) Administrative Assistant I (SG5/ Php 16,433 Monthly Salary)
- Plantilla Item No.: 86
- Education: Completion of two-year studies in college
- Training: None required
- Experience: None required
- Eligibility: Career Service (Sub-Professional) First Level Eligibility
- Place of Assignment: Housing Business Development Department Department Makati City
One (1) Account Officer II (SG10/ Php 38,037 Monthly Salary)
- Plantilla Item No.: 110
- Education: Bachelor’s degree
- Training: 4 hours of relevant training/s
- Experience: 1 year of relevant experience
- Eligibility: Career Service (Professional) Second Level Eligibility
- Place of Assignment: Housing Accounts Services Department Makati City
One (1) Administrative Assistant III (SG7/ Php 21,909 Monthly Salary)
- Plantilla Item No.: 177
- Education: Completion of two years studies in college
- Training: 4 hours of relevant training/s
- Experience: 1 year of relevant experience
- Eligibility: Career Service (Sub-Professional) Second Level Eligibility
- Place of Assignment: Business Operations Group Office of the Group Head Makati City
One (1) Claims and Collection Officer IV (SG12/ Php 80,796 Monthly Salary)
- Plantilla Item No.: 187
- Education: Bachelor’s degree relevant to the job
- Training: 24 hours of relevant training/s
- Experience: 4 years of relevant experience
- Eligibility: Career Service (Professional) Second Level Eligibility
- Place of Assignment: Collection and Claims Department Makati City
One (1) Procurement Officer I (SG8/ Php 28,024 Monthly Salary)
- Plantilla Item No.: 280
- Education: Bachelor’s degree
- Training: None required
- Experience: None required
- Eligibility: Career Service (Professional) Second Level Eligibility
- Place of Assignment: Facilities and General Services Department Makati City
One (1) Records Officer V (SG12/ Php 80,796 Monthly Salary)
- Plantilla Item No.: 336
- Education: Master’s degree OR Certificate in Leadership and Management from the CSC
- Training: 40 hours of supervisory/ management learning and development intervention
- Experience: 4 years of supervisory/ management experience
- Eligibility: Career Service (Professional) Second Level Eligibility
- Place of Assignment: Records Custodianship and Management Department Makati City
One (1) Records Officer II (SG9/ Php 32,519 Monthly Salary)
- Plantilla Item No.: 339
- Education: Bachelor’s degree
- Training: 4 hours of relevant training/s
- Experience: 1 year of relevant experience
- Eligibility: Career Service (Professional) Second Level Eligibility
- Place of Assignment: Records Custodianship and Management Department Makati City
How to Apply
Interested and qualified applicants should signify their interest in writing. Attach the following to the application letter and send to the address below not later than May 22, 2023.
- Fully accomplished Personal Data Sheet (PDS) with recent passport-sized picture (CS Form No. 212, Revised 2017) which can be downloaded HERE;
- Performance rating in the last rating period (if applicable);
- Photocopy of certificate of eligibility/ rating/ license; and
- Photocopy of Transcript of Records.
QUALIFIED APPLICANTS are advised to hand or send through courier/ email their application to:
ATTY. RONCES ANNE S. REYES- DE LEON Office-In-Charge, HROOD 24/F 6811 BPI- Philam Life Ayala Avenue Salcedo Village, Makati City careers@philguarantee.gov.ph
APPLICATIONS WITH INCOMPLETE DOCUMENTS SHALL NOT BE ENTERTAINED.
* PHILGUARANTEE adheres to the principles of Equal Opportunity and shall not discriminate based on age, sex, sexual orientation and gender identity, civil status, disability, religion, ethnicity or political affiliation.
Date of Publication: Notice of vacant positions (as of May 11, 2023)
Conclusion
As a member of the PhilGuarantee family, applicants will have the opportunity to make a significant impact on the Philippine economy. Their work in providing credit guarantees to SMEs enables these businesses to obtain financing, grow their operations, and create jobs. By joining their team, applicants will be contributing to the economic development of the country and making a positive difference in the lives of many Filipino entrepreneurs.
PhilGuarantee values their employees and are committed to their growth and development. As a government-owned corporation, they offer competitive compensation packages and benefits, including health insurance and retirement plans. Additionally, they provide training and development programs to help their employees build their skills and advance their careers.
They are looking for individuals who are passionate about their mission and who possess the skills and experience necessary to help them achieve their goals. Whether applicants have a background in finance, risk management, or customer service, they have a role that could be a perfect fit. PhilGuarantee encourages applicants who are innovative, detail-oriented, and driven to apply for these job vacancies.
Joining the PhilGuarantee family means being part of a team that is committed to excellence, professionalism, and integrity. Their team of highly skilled professionals is dedicated to providing the best possible service to their clients, and they are looking for like-minded individuals to join them on this journey. APPLY NOW!
Source: Philippine Guarantee Corporation