Careers
Senior Credit Analyst
Group: Assetinsure Holdings Pty Ltd
Job Title: Senior Credit Analyst
Reports to: Director – Relationship Credit
Location: Sydney
Position Summary / Purpose of Role
Assetinsure Pty Ltd is an authorised general insurer in the Australian market. Operating since 2004, Assetinsure is focused on delivering innovative insurance / finance solutions across a wide and growing number of insurance lines. Assetinsure primarily operates in Australia and New Zealand and is an important member of a global insurance network of specialty insurance providers which has a footprint across South
Africa, the UK and Europe.
The Contract Surety business is the largest player in the Surety market in Australia and New Zealand and the number 1 challenger to the domestic banks in the contract performance bonding market.
The business has fostered a high performance, customer-centric culture, coupled with a prudent approach to underwriting that balances commerciality and credit discipline. The Surety business has strong growth ambitions and is seeking an experienced Credit Analyst to join our winning team.
This is an opportunity for…
A well organised and motivated individual to join the Surety team. You will be supporting a team of experienced Relationship Managers to help the business achieve financial targets and strong risk management.
The key responsibilities will be…
- Gather all relevant underwriting information and financial reports for submission to relationship managers to facilitate new business acceptance and renewal of existing accounts.
- Assist with the credit assessment of new facility applications and the preparation of expression of interest letters, including communication with clients and brokers.
- Completing financial model, risk grade and risk submission for new and existing client facilities, and making recommendations to relationship managers and the credit committee.
- Accurate compiling of term sheets for new clients and facility renewals / variations, as well as the creation of tax invoices.
- Liaising with panel lawyers to facilitate the creation of new security documents and maintenance of existing security documents.
- Research across construction and engineering markets including relevant sectors, clients and competitors.
- Prudent review of bond applications, bond wording and construction contracts.
- Assist with the preparation and maintenance of internal management reports.
- Developing and maintaining client / broker expectations and working relationships with all stakeholders, including participation in meetings, calls and functions.
- General administration, customer service, daily workflow management and updating the Surety database with respect to all client facilities, security, requests and maintenance.
- Assist with updating of the Amber list with respect to higher risk client facilities.
- Knowledge sharing, training and development toward becoming a valuable member of the team.
The highly valued skills and attributes are…
- Demonstrated ability to build relationships with internal and external stakeholders.
- Strong communication skills (both written and verbal).
- Ability to work independently and as part of a high performing team.
- Strong attention to detail on all activities, especially with respect to preparing financial models, risk grades, credit paper writing and facility / security documentation.
- Sound business acumen, risk management and problem-solving skills, with a demonstrated ability to make commercial recommendations to credit decision makers.
- Demonstrated organisational skills with the ability to effectively prioritise conflicting business priorities.
- Proficient with Microsoft Office Suite including, word, excel, outlook, teams
The experience required is…
- 7 years’ plus experience in a credit role within corporate / institutional banking.
- Have a business / finance based tertiary qualification and relevant industry experience.
- Experience dealing with customers / brokers (relationship management) and providing high quality service.