Associate - Impact Lending

3 months ago


Collingwood, Australia Bank Australia Full time

Posted: 29/08/2024

Closing Date: 27/09/2024

Job Type: Permanent - Full Time

Location: Head Office - Collingwood

Job Category: Banking and Financial Services

Do you want to be part of using the business of banking as a force for good? Do you want to create positive impact for people and the planet? Bank Australia is the bank for people who want to be part of a movement creating a fairer and more just world.

We’re growing fast as more people choose to align their banking with their values. We’re a customer owned, B Corp certified bank. We empower our staff and 185,000+ customers to be part of the clean money movement.

We are currently seeking a permanent, full time Impact Lending Execution Associate to join our Impact Lending team. Reporting to the Senior Manager Impact Lending Execution, you will work in deal teams alongside various Impact Lending relationship managers and Impact Lending Support officers, providing support for new/existing commercial lending transactions with a focus on credit risk analysis, credit risk monitoring, and on-going management of our commercial customers.

**Why join us**
- We have big plans to become Australia’s most trusted bank and a leading purpose-driven business.
- As a certified B Corp, we’re part of a global business community who meet the highest social and environmental standards, putting purpose over profit.
- Every role and person in our bank is essential to bringing our values, purpose and aspiration to life.
- We offer flexible working options, competitive salary and 13% super.
- Our staff have access to a range of meaningful benefits to support their physical and mental wellbeing including 24/7 free counselling, free flu vaccinations and discounted gym memberships.
- We also support staff with study assistance, paid parental leave (regardless of gender), volunteer, bereavement, gender affirmation and family violence leave; and the opportunity for bonus annual leave.
- We support our staff to grow their careers through learning and development and an organisational culture where we reward and recognise innovation and values, not long hours.
- We are committed to building an inclusive culture and a diverse workforce that reflects the Australian community.
- We care for a conservation reserve - where we work with key partner organisations to protect threatened species and involve staff in conservation.

**What you will be doing**
- Contributing to the development of long-term, mutually rewarding lending relationships between Bank Australia and its Impact Lending commercial customers by gaining a prudent and diligent understanding of our customers’ financial position, objectives, industry, risks and opportunities
- Considering (as part of the deal team) the level of positive Impact the lending transaction might deliver
- Monitoring customers’ reporting and financial covenant obligations, and performing periodic reviews for customers who require it
- Liaising with external legal counsel and managing the process of preparing and executing loan documentation for our Impact Lending commercial customers
- Assisting with commercial referrals received by the business, and assist with the “triage” of referrals from Lending Hubs, Contact Centre, etc.
- Ensuring submissions comply with Bank Australia’s Commercial Credit Policy, underwriting standards, and credit risk appetite
- Acting according to relevant legislation, industry codes and Bank Australia’s operating policies and procedures at all times
- Participating in staff training and development as required
- This role may require travel to all area branches to meet customers’ needs.

**What you will bring**
- Experience in commercial lending and commercial credit analysis is preferred
- Ability to digest information and perform detailed and complex work with a high level of accuracy, including financial reporting and analysis
- Ability to use judgement to make effective recommendations or decisions
- Knowledge or ability to quickly learn Bank Australia’s lending policies and procedures
- Knowledge of relevant lending legislation and codes as they relate to our Impact Lending commercial customers e.g. Banking Code of Practice, Customer Owned Code of Banking Practice
- Experience in preparation of commercial loan documentation
- Ability to work independently as well as part of a team
- Proven experience in delivering an exceptional customer experience
- Ability to time-manage, work under pressure and meet deadlines
- Excellent communication (verbal and written) and interpersonal skills
- Commitment to Bank Australia’s purpose, aspiration, values and brand as well as the B Corp ethos.


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