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Credit analyst

Melbourne
Plenti Pty Limited
Credit Analyst
Posted: 15 June
Offer description

Who is Plenti?

Plenti is a fintech lender, providing faster, fairer loans by leveraging its smart technology. Plenti is a dynamic and innovative business that is growing strongly. By continuing to deliver better customer experiences, Plenti is taking market share from incumbent players in the personal lending, renewable energy, and automotive finance markets.

We are a fast moving and ambitious business that seeks to recruit smart and capable people, who can take ownership of their role to help the business thrive. With over 200 people based in Australia, Plenti is small enough so everyone can make a difference in their role, but we have very big ambitions as a team, as we go about building Australia's best lender.

Plenti is a founder led business that launched in 2014 and is now listed on the ASX, with annual revenue of over $200 million and a loan portfolio of over $2 billion.

Role Summary:

The Credit Analyst is responsible for assessing and mitigating the financial risk associated with consumer and commercial automotive loan and unsecured personal loan applications. This role is essential to minimising risk, maintaining regulatory compliance, and verifying borrower information. The Credit Analyst's responsibilities include ensuring that credit policy and risk appetite are met and are in accordance with the NCCP Act, Responsible Lending guidelines, Privacy Act, and ASIC regulations.

Key Responsibilities:

• Analyse loan applications to assess creditworthiness, using a variety of data sources including credit bureau reports, bank statements, income verification documents and employment history

• Evaluate an applicants' financial stability, repayment capacity and debt-to-income ratios in accordance with Australian lending regulations including the NCCP Act

• Assess the validity and accuracy of information provided by applicants and broker referrers, identifying potential fraud or misrepresentation

• Adhere to internal credit policies, lending guidelinesConduct quality reviews of customer identification, adhering to all AMF/CTF standards, KYC obligations and company policies

• Communicate effectively with team members and internal stakeholders

• Provide clear and concise explanations of credit decisions and requirements to external stakeholders

• Adherence to individual KPIs, including a set target of activities to be completed each day

• Adherence to the team SLA requirements set by the business

Key Experience & Qualifications:

• Proven experience of at least 4+ years of delegated lending authority, having held a DLA of at least $100K

• Deep understanding and expertise in Equifax Comprehensive Credit

• Reporting and financial document analysis.

• Prior experience in a lending institution or financial services environment is essential

• Experience in credit analysis, loan processing or risk management is essential

Competencies & Skills:

• Strong analytical and problem-solving skills

• Excellent attention to detail

• Knowledge of financial analysis and credit risk assessment

• Familiarity with relevant Australian lending regulations

• Strong communication skills

What's life like at Plenti?

Working at Plenti means joining a team that is high-performing, diverse, customer-focused and collaborative. It's a place where everyone can "make it happen" and share in the results and success. If being in a dynamic industry as part of a market-leading fintech sounds like you, then join to help us reshape Australia's financial eco-system for the good.

In return, you will enjoy a culture of innovation and entrepreneurship to take your career further. We offer flexible working and volunteer and study leave to develop your skills. We also have monthly social events, office snacks, company Townhalls and D&I initiatives and events to help you connect with your colleagues.

Plenti is committed to a diverse and inclusive workforce.

We encourage people from different backgrounds to apply, including Aboriginal and Torres Strait Islander people and people with disabilities. When you apply, let us know of any reasonable adjustments you may need during the interview process so we can accommodate you.

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