Finstro has been solving financial challenges within B2B Trade finance since 2014 and served global businesses with over $1 billion in Trade Payments.
Finstro provides a complete cashflow management platform, enabling customer and supplier payments and providing innovative credit-based solutions to help businesses grow.
We are the solution to pay and get paid on terms that suit your business.
We are looking for a Credit Analyst to assist us in evaluating financial data, managing credit risks, and making recommendations to support our lending decisions.
Key Responsibilities:
* Provide timely and accurate credit assessment of new & existing clients for facility limits up to $100k, appropriate reasoning evident when outside policy.
* Management of Client applications, queries and challenges posed by Business Development Managers, Account Managers & Referral Partners.
* Timely registration of PPSR interests for all approved clients - within 2 weeks of Approval Date
* Preparation & submission of Equifax Alert Files
* Review and interpret financial statements as part of a loan application, which includes bank statements, payslips, government benefits and other financial records to validate business income and expenses
* Ensure compliance with credit policies and regulations.
* Collaborating with other departments to share analysis findings and support business decisions.
* Back up for Preparation of Credit Submissions for deal size greater than $100k, including applying for Trade Credit Insurance.
* Validation of all transactions to ensure fraud risk is minimized for both domestic and international transactions.
* Create feedback loop with Credit Manager to identify and address trends in high-risk client applications and transaction management.
* Other duties assigned by direct manager.
Experience and Skills Required:
* A Bachelor's/College Degree in Accounting, Finance or equivalent preferred
* At least 2-3 Year(s) of working experience in Banking/Financial Services is required for this position specialising in fraud analysis, loan applications and credit analysis.
* Experience within SME credit assessment for Cashflow Finance and or SME lending.
* Advanced interpersonal skills and the willingness to have difficult conversations with internal and external stakeholders.
* Understanding of Equifax and/or other Credit Bureau standards and procedures.
* Experience working for an Australian or any financial institution, an advantage.
* Ability to write credit proposals that serve the interest of all parties involved.
* Excellent written and verbal communication skills.
* Ability to proficiently manage multiple tasks at the same time.
Candidates applying in Sydney, must be in and have full working rights to work in Sydney, Australia.
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