Credit Analyst

The Balmain Group has over $10B in receivables under management, including a commercial loan portfolio exceeding $5.5B and provides $4B in property investment and development loans each year. Loans range in size between $1M to in excess of $100M for a range of purposes including investment, construction and site acquisition. Structured/preferred equity transactions also form part of the business appetite.PRIMARY ROLEAs a Credit Analyst, you will be a critical component in assessment, decisioning and management of these transactions.The role is suited to a person with an understanding of the fundamentals of property lending including the development and structured finance process. Property valuers and property economists are also encouraged to apply. A knowledge of commercial property finance is desirable but not essential. KEY RESPONSIBILITIESAssist in preparation of risk assessments for property-related loan applications, including analysis of valuations, planning approvals, feasibilities, and market conditions.Collaborate with the team to structure and negotiate loan terms that meet both client needs and company risk appetite.Monitor and manage the performance of the property loan portfolio, identifying and addressing potential risks and issues.Maintain strong relationships with the sales team, internal stakeholders and external consultants, to facilitate smooth loan transactions.Prepare and present credit reports and recommendations to senior management and credit committees.Stay updated on industry trends, regulatory changes, and market developments to inform credit decisions and strategies.Structure and draft legal letters of offer and variations. Close monitoring and reporting to executive management of any non-compliant loans, including monetary and technical defaults. Review development building contracts, QS reports and recommend progress payments.Review and recommend settlement payments.Work closely with the Credit team’s external loan management provider, lending panel consultants and security document custodian.Instruct and manage the loan documentation process and negotiation.COMPETENCY / JOB SKILL ATTRIBUTES / REQUIREMENTSAn understanding of commercial property lending.Excellent communication skills (written & verbal) are essential.Some form of property or finance tertiary qualifications. Finance experience desirable but not essential.The ability to write and present a detailed loan submission with supporting analysis and risk assessment.The ability to liaise with and instruct legal consultants to draft documentation.Working knowledge of commercial loan settlements.The ability to work autonomously within a team setting is essential.Time management & organisational skills.Problem solving skills with a high attention to detail.Microsoft Office & Excel Skills.Integrity and Trustworthiness.ABOUT USBalmain.com.au