Commercial Credit Analyst

Employment Type: Full-time Location Type: Remote Schedule: Monday - Friday (06:00 AM - 03:00 PM PHT)

Position Overview

Join Australia’s largest mortgage aggregator and unlock new opportunities! A Commercial Credit Analyst is highly responsible for assessing the creditworthiness of a commercial borrower seeking mortgage loans or financing for commercial real estate and other assets. Their role is essential in helping financial institutions manage risk and make informed lending decisions in the commercial real estate sector.

What are we looking for?

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 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.
• Strong understanding of various income streams and 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.
• Excellent verbal & written communication skills to convey credit analysis findings and recommendations to stakeholders.

What will you do?

• 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 residential & commercial mortgage loan applications. 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.
• Keep up-to-date with changes in residential & commercial lending regulations, credit analysis techniques, and best practices in the field.

Benefits & Perks

• An exciting opportunity to work with the largest and most progressive aggregator group across Australia and New Zealand, supporting a community of over 6,000 brokers and advisers.
• Offers a one-month onsite paid training program to help you get up to speed and excel in your role.
• Flexible Work Setup: Work from Home, Hybrid, or on-site.
• Competitive salary package and annual performance review.