Credit Analyst

Summary

Join ConnectOS, a top-rated Philippines employer and a Great Place to Work-certified company, as a Credit Analyst. You will play a crucial role in assessing the creditworthiness of residential and commercial borrowers and their assets. This involves analyzing financial statements, cash flow projections, and credit reports. The position offers a competitive salary, work-from-home flexibility, and a comprehensive training program. ConnectOS also provides various benefits, including HMO coverage, paid time off, and opportunities for professional development. The company is part of a large and progressive aggregator group in Australia and New Zealand, offering a chance to work on a significant scale and contribute to a thriving team.

Requirements

• Have a Bachelor's Degree
• Possess strong analytical skills essential for assessing financial statements, credit risk, and asset valuations
• Be proficient in financial modeling, cash flow analysis, and financial statement interpretation
• Have a deep understanding of commercial real estate markets, industry trends, and economic factors that impact credit risk
• Possess excellent verbal & written communication skills to convey credit analysis findings and recommendations to stakeholders
• Have the ability to meticulously review financial documents and assess credit risk factors
• Be familiar with lending regulations and compliance requirements

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. This may involve property appraisals, site visits, and environmental assessments
• 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
• Keep up-to-date with changes in residential & commercial lending regulations, credit analysis techniques, and best practices in the field

Preferred Qualifications

• Have prior experience in the AU broking/banking/mortgage industry and exposure to mortgage credit
• Have a Certificate IV Financing & Mortgage Brokering

Benefits

• Work from Home
• Competitive salary package and annual performance review
• One-month paid training program
• Opportunity to attend events and travel to Australia
• Chance to earn your CERT IV in Mortgage Broking and Finance
• Bi-Annual Vacation Leave credit/allotment
• Convertible to cash of unused sick leave
• On-Top Leave Credits (Birthday, Emergency and Bereavement Leave)
• HMO Coverage (Medical, Dental and Group Life insurance)
• Mandatory Government Benefits and 13th Month Pay
• Financial Assistance program through one of the leading FinTech Company in Philippines
• Referral bonus program (PHP 21,000 per successful referral)
• Regular Company Events, Work Life Balance