Job Title: Credit Analyst (Mortgage Broking Industry)

Employment Type: Full-time Location Type: Remote Schedule: Monday – Friday (6:00 AM - 3:00 PM PH Time) Salary: Php50,000 to Php90,000

Position Overview

We are seeking a skilled and experienced Credit Analyst to join our team. The ideal candidate will be responsible for reviewing and analyzing the creditworthiness of residential and commercial borrowers, assessing associated risks, and ensuring compliance with all lending regulations. This role requires a strong understanding of financial analysis, mortgage lending practices, and excellent communication skills.

Skills Required

• 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 using CRM software in the mortgage broking industry, such as MyCRM, Infynity, Mercury Nexus, Flex, or Salestrekker.
• Proficiency in using financial analysis tools.
• Strong understanding of Commercial Loans.
• Confident in income calculations for PAYG, Self-employed, company, and trust structures.
• Knowledgeable in using lenders' servicing calculators to assess clients’ borrowing capacities and ensure loan submissions meet required policies and compliance requirements.
• Excellent verbal & written communication skills to convey credit analysis findings and recommendations to stakeholders.

Nice to Have

• Certificate IV Financing & Mortgage Brokering

Responsibilities

• Review and analyze the creditworthiness of residential & commercial borrowers and associated assets (e.g., commercial properties, business assets) by evaluating financial statements, cash flow projections, credit reports, and other relevant documents.
• Assess the risk associated with residential & commercial mortgage loan applications, including borrower financial stability, repayment capacity, and collateral quality/value.
• Conduct thorough assessments of collateral (residential & commercial real estate, equipment, or other assets) to determine its value and marketability.
• Analyze borrowers' business financial statements (income statements, balance sheets, cash flow statements) to assess their ability to generate sufficient cash flow for debt service.
• Evaluate economic and industry-specific factors impacting borrower repayment ability, including market trends and competitive dynamics.
• Collaborate with loan officers and underwriters to structure loan terms and conditions that meet borrower needs while managing credit risk effectively.
• Ensure 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, providing recommendations for improving creditworthiness when necessary.
• Recommend risk mitigation strategies (e.g., personal guarantees, adjusted interest rates, modified 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.
• Closely workshop with Brokers to package deals optimally before lender submissions, ensuring alignment with lender policies.
• Provide expert guidance on lender policies for compliance and optimal loan structuring.
• Collaborate with brokers to analyze client financials in depth and prepare tailored loan recommendations.
• Liaise with clients to gather necessary documentation and clarify financial details.
• Prepare comprehensive credit submissions for various lending scenarios, including refinances, purchases, multiple-securities, multiple applicants, SMSF, and bridging finance.
• Stay updated on Residential industry trends.

Application Instructions

Please submit your resume and a cover letter detailing your relevant experience.