Quality Credit Risk Analyst

Melbourne, Australia – Full Time Permanent / 4 days per week

Who is ColCap?

ColCap is a leading and privately owned non-bank lender operating in the Australian market. ColCap specialises in prime home loans and has a loan portfolio in excess of $19 billion. ColCap employs over 360 staff located in Australia, the Philippines, and the United Kingdom with its Head Office in Sydney.

ColCap’s mission is to bring innovative solutions to our community, and its growth-focused culture of agility and innovation has allowed it to become one of the most successful non-bank financial institutions in Australia.

Job Summary

As a member of the Risk and Compliance Team, this role will perform second line oversight of credit applications.

This is an exciting opportunity to expand on your credit analytical skills and to drive training and improvement. The role will have oversight of credit risk applications performed in Australia, Manila and London. The successful candidate must have previous experience of loan assessment and quality.

This is a full-time role (or part time role for the right candidate) based in Melbourne, Australia.

Key job tasks and responsibilities

· Work in a team to undertake audit reviews of credit applications against Policy, regulatory obligations and risk appetite.

· Provide feedback and reporting to Managers to improve overall credit assessment standards and reduce risk exposure.

· Work closely with other Analysts to consolidate reporting on findings.

· Maintain the Delegated Lending Authority arrangements with the Credit team.

· Provide Line 2 reviews on other aspects of the Credit functions within ColCap (including Financial Hardship).

· Strengthen risk management and recommend improvements to our control frameworks.

· Provide input and support to the Risk and Compliance function to improve credit decision quality.

· Support the CRO and Senior Manager Risk and Compliance in enhancing operational standards as required.

Who will thrive in this role?

You thrive in a fast-paced environment and will roll up your sleeves to get things done. You will have some experience in Credit Quality Assessments and reporting on findings from these reviews.

Ultimately, we are looking for a person who is curious, clever and wants to make a real difference in a small team.

Key required skills

· Previous experience in the financial services or lending industry performing credit risk analysis and audits.

· Knowledge of credit policies, serviceability guidelines and regulatory requirements (e.g. NCCP, AML, KYC etc).

· Exceptional attention to detail.

· Strong communication skills, both written and verbal, and confidence to engage with and manage stakeholders at all levels.

· Able to produce reporting and think analytically.

· Strong problem-solving skills with a pro-active and collaborative outlook.

· Team player with the ability to work autonomously while maintaining working relationships.

· A flexible and agile approach with an ability to prioritise and meeting competing deadlines.

· A keen interest in financial markets and regulations.

Why work at ColCap?

· Be part of a fun (small office) in Melbourne run by The Commons.

· The Commons offer free Tuesday breakfasts, events, breakout spaces, and knock off drinks.

· A competitive remuneration package.

· Leave options, including a day off on your birthday.

· Good learning and development opportunities.

· Reward and recognition.

· A place where staff contribute towards the strategic direction of the Company