At Prospa, we exist to unleash the potential of small business. We are building the future of small business and simplifying cashflow by building a leading platform that helps customers make payments, fund growth and reduce admin. Join us! The roleAre you ready to make a significant impact at Prospa? Reporting to the Credit Team Leader, you'll play a crucial role in evaluating the creditworthiness of applicants, including both low doc and Prospa Plus (full doc) applications.
You'll leverage your extensive industry knowledge, commercial acumen, and financial expertise to write business within Prospa's risk appetite. Collaborating closely with our customers, as well as our sales and account management teams, you'll meticulously assess each application to ensure the best outcomes for both our customers and the business.
What you'll be doingCoordinating the underwriting of commercial loan applications in the 'Prospa Plus/Full Doc' segment ($250K-$500K).Bank statement analysis for low-doc up to $250K.Providing in-depth detailed analysis of financial statements and calculating industry and credit risk.Presenting deals to Credit Committee (i.e., Executives, Credit Risk, Finance, etc.) with a comprehensive understanding of the risk and associated mitigants in a given transaction, as well as providing a strong recommendation on the proposed outcome and offering insight to upper management regarding credit decisions.Conducting credit calls with clients and relevant stakeholders e.g., Financial Controllers, to collect additional information relevant to the proposed transaction. Also, utilizing strong communication and interpersonal skills to obtain necessary financial information from customers.Liaising with senior members in other areas of the business, e.g., the Head of Customer Success and National Sales Managers to discuss scenarios and appeals.Preparing clear, thorough, and informative credit papers for each application.Complying with internal controls and government regulations.Identifying areas of process improvements and efficiencies where possible.What you'll need to succeedMinimum 3 to 5 years underwriting/Credit analyst experience required.Bachelor's degree in finance, accounting, or related field desirable but not necessary.Previously held a DLA (delegated lending authority).Experience in commercial lending.Experience with business financial documents such as Profit & Loss, Balance Sheets, AR/RP.Strong credit risk acumen and commercial judgment.Experience with property secured lending is advantageous.Familiarity with personal and company credit reports, ASIC searches, and other various background information.Strong analytical and creative problem-solving skills.Highly organized and ability to follow processes.Attention to detail and accuracy.Ability to interact professionally with management, sales, and business owners.Experience in a high-pressured environment working to deadlines.Outstanding written and verbal communication skills.What we offer:As a busy go-getter, our benefits are here to help you be unstoppable in your mission. Whether it's a lofty career goal, investing in your family, saving the planet, or simply feeling fulfilled:
Growth: There's something for everyone including learning days, a learning allowance, leadership programs, CliftonStrengths workshops, digital learning, and biannual companywide learning weeks.Wellbeing: Think fitness initiatives, seasonal programs (including flu shots, massages, skin checks, wellness classes), additional "Me Days" and access to holistic EAP coaching.Lifestyle: Find your fit with flexible working options, top-notch office facilities, and diverse remote/travel work options. You can also purchase additional leave and take up to 18 weeks paid parental leave.Impact: Join a business that cares and is recertified as carbon neutral. And you can tap into volunteer days, our partnership with Kiva, and join a range of employee resource groups.Why Prospa?We're proud to be a certified Great Place to Work and recognized as a Best Workplace for Women, Best Workplace in Technology, and Best Workplace in Australia. We embrace diversity in people and ideas, fostering a collaborative, inclusive, and respectful environment where we celebrate who you naturally are.
#J-18808-Ljbffr