Commercial Credit Advisor

Summary

Join ConnectOS, Australia's largest mortgage aggregator, and embark on a rewarding career as a Commercial Credit Analyst. This crucial role involves assessing the creditworthiness of commercial borrowers, analyzing financial statements, and managing risk within the commercial real estate sector. You will collaborate with loan officers and underwriters, ensuring compliance with regulations. The position offers a competitive salary, flexible work arrangements, and professional development opportunities, including a paid training program and potential certification in Mortgage Broking and Finance. ConnectOS provides a supportive work environment with numerous benefits and perks, including access to a financial assistance program, referral bonuses, and excellent office facilities.

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 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 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 to assess clients’ borrowing capacities and ensure loan submissions meet the required policies and compliance requirements
• Has excellent verbal & written communication to be able to convey credit analysis findings and recommendations to stakeholders

Responsibilities

• Review and analyze the creditworthiness of residential & commercial borrowers and the associated assets, such as commercial properties or business assets. This involves evaluating financial statements, cash flow projections, credit reports, and other relevant documents
• Assess the risk associated with the residential & commercial mortgage loan application. This includes analyzing the borrower's financial stability, repayment capacity, and the quality and value of the underlying collateral
• Conduct thorough assessments of the collateral (residential & commercial real estate, equipment, or other assets) to determine its value and marketability
• Analyze the financial statements of the borrower's business, including income statements, balance sheets, and cash flow statements. The analyst assesses the business's ability to generate sufficient cash flow to cover debt service
• Understand and evaluate the economic and industry-specific factors that may impact the borrower's ability to repay the loan. This includes assessing market trends and competitive dynamics
• Collaborate with loan officers and underwriters to structure loan terms and conditions that align with the borrower's needs while managing credit risk effectively
• Ensure that all lending decisions and documentation comply with federal, state, and local regulations governing residential & commercial real estate lending
• Communicate credit decisions, loan terms, and conditions to borrowers and other stakeholders. Analysts may also provide recommendations for improving creditworthiness when necessary
• Recommend risk mitigation strategies, such as requiring personal guarantees, adjusting interest rates, or modifying loan covenants, to offset credit risk
• Stay informed about commercial real estate market conditions, economic trends, and industry developments to inform credit decisions and risk assessments
• Keeping up-to-date with changes in residential & commercial lending regulations, credit analysis techniques, and best practices in the field

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