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 ROLE

Are 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 DOING

• Coordinating 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 calculate 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 offered insight to upper management regarding credit decisions.
• Conduct credit calls with clients and relevant stakeholders e.g. Financial Controllers, to collectadditional information relevant to the proposed transaction. Also utilise strong communication andinterpersonal 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.
• Comply with internal controls and government regulations.
• Identify areas of process improvements and efficiencies where possible.