Credit Analyst at McMillan Shakespeare Group (MMS)

, , Australia -

Full Time

Start Date

Immediate

Expiry Date

12 Apr, 26

Salary

0.0

Posted On

12 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Risk Assessment, Financial Monitoring, KYC/AML Compliance, Credit Policy Development, Data Analysis, Reporting, Communication Skills, Attention to Detail, Analytical Skills, Numerical Skills, Business Acumen, Presentation Skills, Risk Management, Customer Relationship Management, Legislative Knowledge, Credit Scorecard Development

Industry

Financial Services

Description

Making a difference isn’t just our purpose, it’s what motivates our people every day. For us, work is not about ticking a box. It’s about knowing that it matters. We make a meaningful difference every day by making it easier for our customers to focus on what matters in their lives. Here’s how you will make a difference in this role… This role is primarily 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 Manager, Credit Risk 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. At MMS clear expectations help our people Be the Difference. Your key responsibilities in this role will include: Ongoing credit policy reviews, tracking results of risk management strategies and recommending policy changes based on analysis of profitability, risk and operational impact. Within agreed KPI’s investigate the credit worthiness of potential and existing customers, including analysing customer risks and 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 with industry risk assessments and presentations for the MMS Executive Credit Committee and Board Support 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 Assist 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. To be considered for this role you will have: 3 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 Tertiary qualification in business/commerce or equivalent Strong 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 What we can offer you: Novated leasing benefits and discounts 12 weeks paid parental leave and access to our Parents Portal Comprehensive learning and development opportunities to support your career growth Sonder digital wellbeing platform, providing personalised support 24/7, plus annual flu vaccinations Default Income Protection Insurance reimbursed for members of the MMS Default Super Fund Exempt Employee Share Plan Embracing our value of Everyone Matters we hold a collective commitment to foster an environment where all differences are valued and respected. We encourage individuals from all backgrounds including Aboriginal and Torres Strait Islander peoples, those caring for someone or living with a disability, LGBTQIA+ and culturally diverse applicants to apply. We embrace hybrid working and welcome conversations about flexibility. Please note all successful candidates will undergo background checks (including criminal history and ASIC checks) and an NDIS Workers Screening Check if appropriate. All information provided will be treated confidentially. We acknowledge Aboriginal and Torres Strait Islander peoples as the Traditional Custodians of the lands where we live, learn and work. If you identify as a person living with disability and require adjustments to our recruitment process, please contact us at mmsgrouprecruitment@mmsg.com.au The McMillan Shakespeare Group (MMS) is a trusted provider of salary packaging, novated leasing, disability plan management and support co-ordination, asset management and related financial products and services. From our origins in 1988 when we created Australia’s salary packaging industry to today, MMS has a proud history of innovation and exceptional service. Through our subsidiaries, we offer a breadth of services and expertise designed to responsibly deliver superior long-term value to our clients and customers, which include Federal and State governments and some of the largest public and private sector, health and charitable organisations.

Responsibilities

The Credit Analyst is responsible for assessing credit risk related to financing and administering the credit approval process. This includes ongoing credit policy reviews, investigating credit worthiness, and supporting sales teams in credit matters.