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Form of workAbout Us
At ABAL banking, our focus is to deliver exceptional service and fulfil our commitment to our customers and community: "We are Reliabal, Responsabal and Capabal". ABAL banking has been operating since 1986 and as a financial institution in a competitive market, we are extremely proud of our growth and development and the recognition in Australia. Our effort to maintain credibility and transparency is a key component of this ongoing growth, strengthened by our focus on continuous support of local initiatives and the wider Australian community.
Primary Role of the Credit Analyst is to support the Relationship Manager (RM) and Senior Manager (SM) in assisting with the preparation of Credit Memorandums (CM’s) and performing the Financial Analysis of the deal, ensuring the RM team completes the CM in a timely manner in line with the Bank’s Strategy and Risk Appetite, including policies and procedures, whilst also recognising the Banks lending goals.
This position is a fulltime role base in Parramatta NSW.
As a Credit Analyst, your role will include:
- Financial Analysis of Financial Statements
- Credit Structuring
- Writing of CM’s, including:
- In depth analysis and understanding of the customer’s Business and the Business’s goals.
- Analysis of the industry, their debtors & creditors, identifying any related strengths and weaknesses/threats.
- Perform debt servicing and interest rate sensitivity.
- Identify any potential threats and mitigates to the transaction.
- Understand and implement correct security structure, ensuring the Bank is secured in terms of policy.
- Compile all information in a clear, concise format, allowing the RM and Credit team to decision the paper in a timely manner, thus delivering a high standard of service to the customer.
- Assist the Branch in reaching its Lending targets, by completing the CM’s in a timely manner and identifying any potential cross sell opportunities.
- Perform Annual Reviews of existing customers.
- Perform Interim/Quarterly reviews of existing customers as required.
- Perform Credit/criminal searches as required.
- Understanding and implementation of the Banks policies and procedures, including risk policies (ie, ensuring correct conditions precedent and subsequent are implemented in CM’s)
- Preparation of Short Form CMs for matters such as: Bank Guarantees, Change of Security, Consents, Releases etc.
- Assist with helping the Branch/Region to achieve their goals, by actively participating in initiatives such as the ‘West Strategy’
About you:
- Tertiary qualified in business/accounting or equivalent
- A strong understanding of Financial Statements
- A strong understanding of business risk issues
- Ability to synthesize data from multiple sources, and identify trends and potential impacts on a client and/or the Bank
- Strong problem solving skills, analytical skills and lateral thinking ability
Benefits and Perks:
- Discounted Corporate Private Health insurance, so you and your family can all stay happy and healthy.
- Free Salary Continuance insurance
- Free annual Flu vaccination each year because we strive to support our people to be healthy
- 24/7 Employee Assistance Program for you. Our external partner is a famous organisation that is known to care about their customer’s wellbeing and mental health
- Novated Lease for Motor Vehicle
- Attractive loan package for eligible employee
- Discounted cooperate Gym membership because we care about our staff’s health and wellbeing
If you are interested, please apply via the link.
Only shortlisted candidates will be contacted. Applicants must be Australian resident.
