Credit Analyst

Summary

Join ConnectOS, Australia’s largest mortgage aggregator, and embark on a rewarding career as a Credit Analyst. You will be responsible for assessing the creditworthiness of commercial borrowers seeking mortgage loans or financing. This crucial role involves analyzing financial statements, evaluating risks, conducting valuations, and collaborating with loan officers. You will ensure compliance with lending regulations and communicate credit decisions to stakeholders. The position offers a competitive salary, flexible work arrangements, and professional development opportunities. ConnectOS provides a supportive and engaging work environment with numerous benefits and perks.

Requirements

• Bachelor’s degree in finance, accounting, economics, business administration, or a related field
• Minimum of 3 years' experience in credit analysis or a similar role within the mortgage or finance industry
• Experience in using any of the following: MyCRM, Infynity, Mercury Nexus, Flex, Salestrekker or other CRM Software in the mortgage broking industry
• Proficient in using financial analysis tools
• Strong understanding of Commercial or Residential Loans
• Has a strong understanding of various income streams and is confident in income calculations. for PAYG, Self-employed and company and trust structures
• Knowledgeable in using lenders' servicing calculators

Responsibilities

• Analyze creditworthiness of residential & commercial borrowers, including evaluation of financial statements and cash flow projections
• Assess risks associated with mortgage loan applications, focusing on borrower's financial stability and collateral quality
• Conduct valuations of collateral assets, including real estate and equipment
• Evaluate borrowers' business financial statements to determine cash flow sufficiency for debt repayment
• Consider economic and industry factors affecting borrower's repayment ability, including market trends
• Collaborate with loan officers to structure loan terms that balance borrower needs and credit risk
• Ensure compliance with relevant lending regulations
• Communicate credit decisions and recommendations for improving creditworthiness to stakeholders
• Recommend risk mitigation strategies to manage credit risk effectively
• Stay informed on commercial real estate market conditions and regulatory changes in lending practices

Benefits

• An exciting opportunity to work with largest and most progressive aggregator group across Australia and New Zealand supporting a community of over 6,000 brokers and advisers
• Offers one-month onsite paid training program, to help you get up to speed and excel in your role
• Flexible Work Set up: Work from Home or Hybrid or on-site
• Competitive salary package and annual performance review, monthly rewards and recognition program
• Opportunity to attend events and travel to Australia
• Chance to earn your CERT IV in Mortgage Broking and Finance, which could be a great way to upskill and advance your career
• Access to knowledge base tools, resource center and training library
• Access to a Financial Assistance Program through one of the leading FinTech Company in Philippines
• Earn as much as PHP 21,000 referral bonus - help a friend land a job and get rewarded
• Regular company-wide events, engagement activities, and a culture that values work-life balance
• Employee-wellbeing Office Facilities (Gym, Wellness Room, Childcare Facility, Entertainment Room, World-class Training Rooms)
• Cafeteria with affordable food concessionaire partners
• Complimentary coffee and ice cream every day
• Sleeping Quarters and Shower rooms for comfort and convenience
• Prime LocationConveniently located at Mega Tower, EDSA --- the heart of Metro Manila