- Coordinating the underwriting of commercial loan applications.
- Conducting bank statement analysis and financial statement analysis.
- Providing in-depth detailed analysis of financial statements, industry risk, 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 each transaction, as well as providing a strong recommendation on the proposed outcome and offered insight to upper management regarding credit decisions.
- Preparing clear, thorough and informative credit papers for each application.
- Minimum 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 judgement
- 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 organised 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
As a busy grow 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.
We're proud to be a certified Great Place to Work and recognised 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.
Don't just take our word for it, check out Prospa’s culture code to see it for yourself.
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Skills Required
- Minimum 3 to 5 years of underwriting or credit analyst experience
- Bachelor's degree in finance, accounting, or a related field
- Previously held delegated lending authority
- Experience in commercial lending
- Experience analyzing business financial documents, including profit and loss statements, balance sheets, and accounts receivable/payable
- Strong credit risk acumen and commercial judgment
- Experience with property-secured lending
- Familiarity with personal and company credit reports, ASIC searches, and background information
- Strong analytical and creative problem-solving skills
- Highly organized and able to follow processes
- Attention to detail and accuracy
- Ability to interact professionally with management, sales, and business owners
- Experience working in a high-pressure environment and meeting deadlines
What We Do
At Prospa, we're on a mission to make financial management simpler for small businesses across Australia. Our multi-award-winning financial technology, specialist customer service and fast decisions on funding options up to $500K make us Australia's leading financial partner to small business. Since 2012, we've helped thousands of businesses manage everyday expenses and seize growth opportunities through lending over $3 billion, contributed an estimated $8 billion to Australia's GDP and supported 114,000 FTE jobs. Our proprietary technology platform enables small businesses to set up an account or apply for funds in minutes. We unlock business potential with flexible lending solutions and a simple transaction account built for small business. And we’re dedicated to creating a range of new financial tools and products that allow business owners to take control of their finances. Awards & Recognition We encourage our team to excel in all areas of our business. And our innovative ideas, world-class technology and inspiring leadership has won us a few awards. See what makes us award-winning: www.prospa.com Prospa holds an Australian Credit Licence: no. 454782 issued by ASIC. Find out more at prospa.com or by calling 1300 882 867 Community Guidelines: https://www.prospa.com/community-guidelines
