Senior Credit Analyst, Parabroker

This is a fully remote position, open to applicants in Philippines.

📋 Description

• Evaluate client financial data to determine borrowing capacity.

• Perform comprehensive servicing and affordability calculations.

• Review income, liabilities, living expenses, assets, and overall financial status.

• Assess PAYG, self-employed, and intricate income structures.

• Examine payslips, bank statements, tax returns, and financial documents.

• Calculate and validate income per lender specifications.

• Detect servicing, policy, and credit issues promptly.

• Analyze LVRs, deposit requirements, and additional lending metrics.

• Conduct scenario assessments across various lenders and loan frameworks.

• Research lender policies and evaluate lending options.

• Assist brokers in structuring residential and investment lending scenarios.

• Create recommendations and supporting analyses for broker review.

• Provide ongoing support to brokers throughout the application process.

• Prepare applications and necessary documentation.

• Ensure client files are complete, precise, and compliant.

• Address lender inquiries, outstanding conditions, and application progress.

• Monitor applications until approval and settlement when necessary.

• Maintain client and application records in Connective Mercury/Mercury Nexus.

• Oversee application stages, notes, tasks, and documentation.

• Communicate with clients to gather outstanding information and documents.

• Coordinate with lenders and BDMs regarding inquiries and approval conditions.

• Keep track of active applications, deadlines, and milestones.

• Assist with pipeline reporting and identify files that require urgent attention.

• Provide high-level technical and comprehensive Para-Broker support to minimize broker processing time.

⛳️ Requirements

• Extensive prior experience as a Senior Credit Analyst, Para-Broker, Mortgage Loan Processor, Credit Assessor, or in a similar role.

• Prior experience in supporting Australian mortgage brokers or lenders.

• Strong knowledge of Australian residential mortgage lending.

• Exceptional credit analysis and servicing calculation skills.

• Advanced proficiency in Excel – essential.

• Experience in interpreting lender credit policies.

• Ability to evaluate complex client financial information.

• Experience in preparing and progressing mortgage applications.

• Keen attention to detail and numerical accuracy.

• Excellent verbal and written communication skills in English.

• Strong organizational skills with the ability to manage multiple active applications.

• Capability to work independently with minimal supervision.

• Commercial acumen with the ability to identify issues and propose solutions instead of merely processing information.

• Experience with Connective Mercury / Mercury Nexus is highly preferred.

• Australian mortgage broking qualifications or relevant finance credentials are highly desirable.

• Experience in construction, investment, and refinance lending is highly desirable.

• Experience in assessing self-employed borrowers and complex income structures is highly desirable.

• Familiarity with various Australian lenders and their credit policies is highly desirable.

• Prior direct engagement with lender BDMs and credit teams is highly desirable.

• Advanced skills in Microsoft Excel.

• Familiarity with Microsoft 365, lender servicing calculators, bank and lender portals, credit and loan comparison tools, and CRM/mortgage broking platforms.

🏝️ Benefits

• Public holidays in Australia.

• Remote work arrangement.