Credit Analyst

Summary

Join Australia’s largest mortgage aggregator and unlock new opportunities! This Credit Analyst Residential position assists Australian mortgage brokers with administrative tasks related to loan applications. Responsibilities include preparing, processing, and tracking applications, communicating with stakeholders, maintaining updated systems, and ensuring a smooth customer experience. The role requires close collaboration with clients and brokers to research suitable lenders, products, and policies. The successful candidate will contribute to the efficient and streamlined processing of loan applications from pre-submission to post-approval. This position offers a competitive salary and a comprehensive benefits package.

Requirements

• Certificate IV Financing & Mortgage Broking
• Bachelor’s Degree in a relevant course
• More than 4 years of experience in an Australian mortgage broking industry specialising in AU loan processing
• Has a strong understanding of complex loan structures and loan types (multiple applicants, multiple securities, SMSF, company and trust lending, etc)
• Has a strong understanding of various income streams and is confident in income calculations for PAYG, SMSF, company and trust financials
• Previous experience in data entry of client information to MyCRM (LMG CRM system)
• Previous experience in data entry of a loan application into MyCRM and Apply Online (AOL), Simpology, or direct to the lender
• Previous experience in generating application paperwork, including those for the First Home Buyers and Discharge forms
• Experience in using aggregators CRM such as MyCRM, Infynity, Mercury Nexus, Flex or Salestrekker
• Is proficient in using IT software, Google Workspace and/or Microsoft Office including Gmail or Outlook
• Experience using Project/Task Management Tools (Monday.com, Trello, Airtable etc)

Responsibilities

• Closely workshop with brokers to package the deal ensuring that every submission is structured optimally and aligns with the lender policies and clients needs
• Prepare comprehensive credit submissions for a variety of lending scenarios,including but not limited to refinances, purchases, multiple-securities, multiple applicants, SMSF and bridging finance
• Liaise with clients to gather necessary documentation and clarify financial details
• NCCP Compliance checks and transcribing notes from summaries to detailed responses
• Understand and interpret complex financials (Self employed, SMSF, trusts and company)
• Complete lender servicing calculators and living expense analysis to assess clients borrowing capacities
• Researching lenders who have a specific policy to suit the clients requirements and provide expert guidance on said policies to ensure compliance and optimal loan structuring
• Order Valuations based on the information provided by the client, understanding the different types of valuations and communicating with valuation firms to discuss or escalate
• Pricing requests across multiple lenders, for new applications and settled loans
• Generating comprehensive credit reports and being able to interpret them
• Assist in mitigating MIRs, Conditional Approvals and Settlement Conditions
• Cross checking approval and settlement document to ensure the details match the clients requirements, per the submission
• Stay updated on industry trends, lending products and regulatory changes

Benefits

• Induction training program for 4 weeks on-site
• Offering one-month paid training program to help you get up to speed and excel in your role
• Available 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
• HMO Coverage up to 2 free dependents (Medical, Dental and Group Life insurance) on Day 1
• Mandatory Government Benefits and 13th Month Pay
• Leave credits and convertible to cash of unused sick leave, paid quarterly
• Access to Emergency and Bereavement Leave
• 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