Credit Analyst

Details of the offer

This role supports the Senior Credit Manager in the performance of the Group credit risk management function. It is responsible for assessing the credit risk related to financing operating fleets, equipment lines, and single asset credits for customers and for administering the credit approval process and ongoing financial monitoring of the customer.The role reports to the Senior Credit Manager regarding the assessment of the credit risk associated with customer accounts, AML compliance, working collaboratively with the commercial teams, contributes to Credit Policy development, supports the data and reporting requirements for MMS securitisation programs (including maintenance and reconciliation of cumulative credit loss data, lender due diligence, probability of default and credit loss modelling and expected Credit Loss provisioning) and assists with reporting to the Executive Credit Committee and the Board.KEY RESPONSIBILITIESPolicy and ProcedureAssist the Senior Credit Manager in the planning, development and execution of credit risk policies and procedures across multiple jurisdictions, including assisting with the ongoing development and implementation of credit scorecards and Basel-III based credit risk analysis tools.Support the Senior Credit Manager in ongoing credit policy reviews, tracking results of risk management strategies and recommending policy changes based on analysis of profitability, risk and operational impact.Interpret corporate policy on the provision of credit and advise customers and/or sales/account management staff as appropriate.Support the Senior Credit Manager in maintaining contemporary legislative knowledge related to credit activities in MMS jurisdictions (AML/CTF, PPSR, Debt collection and recovery obligations, SME legislative compliance) and ensure policies and processes are compliant in a timely manner.Risk AssessmentWithin agreed KPI's: investigate credit worthiness of potential and existing customers, including analysing customer key strategic and business risks and how well these are managed, prior to entering into or increasing business arrangements and make appropriate recommendations.Assess KYC/AML, credit data and compliance with any debt covenants, financial statements for completeness and accuracy and early warning signs to determine the degree of risk involved in extending credit and propose any potential mitigants.Support the sales teams where appropriate in liaising with existing and potential customers, (especially for those on Credit Watch), to investigate credit matters and to foster good credit relationships between the customer and the company.Ensure the Group's security interests are protected through checking effective registration with PPSR, all collateral documents are in order and current and all security remains in force.Maintain cumulative loss registers and support all lender due diligence processes, operational reviews, and portfolio risk of loss assessments as well as supporting the Finance team with credit-related requirements (credit loss provisioning etc.).Support the Senior Credit Manager with industry risk assessments and presentations for the MMS Executive Credit Committee and Board.ApprovalsContribute as a key stakeholder/user to the provision of user requirements for the development of the Group's Credit Risk management applications.ReportingSupport the Credit Risk Officer in the preparation of monthly management reporting for the Executive Credit Committee and Board.Through the Credit Risk Manager, ensure compliance with credit approval conditions, account activation and establishment and maintenance of credit limits.Proactively drive processing and reporting efficiency in all credit risk management functions.Providing technical advice, guidance, support and mentoring for dependent stakeholders.Consulting and collaborating with key stakeholders to help solve complex problems ensuring solutions are viable and consistent.POSITION CRITERIACapabilities & BehavioursCommitment to high work standards, accuracy and attention to detail.Collaborative, self-motivated, proactive team player.Organisation and time management skills.Mature, self-assured, respectful and able to interact confidently with people at all levels across departments.Influencing skills and the ability to generate commitment.Ability to work autonomously.High-level English verbal and written communication skills.A structured, analytical approach to problem solving.High resilience to stress and ability to work amongst conflicting priorities.Knowledge & ExperienceEssentialStrong financial reporting analysis, analytical and numerical skills.Business acumen and commercial pragmatism, with ability to analyse customer strategic risks, structures and operations in the context of implications for credit risk assessments.Strong communication and presentation skills as well as high-quality attention to detail.Ability to handle multiple tasks in a fast-paced, transaction-oriented environment.Desirable3 years' experience working in a credit risk analyst role in a financial institution.Experience in developing and implementing credit scorecards for corporate and individuals, together with associated analysis of effectiveness of such scorecards.Advanced proficiency in Excel and Word.Fleet leasing experience.QualificationsTertiary qualification in business/commerce or equivalent.Preferably undertaking or completed post-graduate study covering financial statement analysis & reporting.What we can offer you:Our strong people-first culture.Flexible/hybrid working to enhance your work/life balance.Novated lease benefits and discounts.12 weeks Paid Parental leave and access to our Parents Portal.Exempt Employee Share Plan.Paid Income Protection Insurance under MMSG default Super plan.Access to a broad range of learning and development programs.Career break and volunteering leave.Access to Employee Assistance Program and annual Flu vaccination.Lifestyle Rewards program.As an employer who embraces Diversity, Equity & Inclusion, we hold a collective commitment to foster an environment where all differences are valued and respected. We encourage Aboriginal and Torres Strait Islander people, individuals from all backgrounds, including those caring for and living with disability to apply.Please note all successful candidates will be required to undergo background checks.
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