Loan Restructuring Expert

1 week ago


North Sydney Council, Australia Shift Full time

Company Overview


At Shift, we're dedicated to helping Australian SMEs achieve financial stability through expert credit solutions.



 



Salary


We offer a competitive salary of $120,000 - $180,000 per annum, reflecting the importance of this role in our lending strategy.



 



Job Description


In this key position, you'll play a pivotal role in transforming loan challenges into opportunities by assessing borrower situations and crafting tailored restructuring solutions.



 



Key Responsibilities:



  • Identify restructuring candidates based on pre-agreed criteria
  • Analyse flagged restructuring opportunities with borrowers to assess their outlook and opportunities for improving PD and LGD
  • Recommend strategies for credit approval and negotiate exposure restructuring
  • Document revised commercial agreements and monitor portfolio segments
  • Reporting and analysis


 



Qualifications and Requirements


To excel in this role, you'll bring:



 



Essential Skills:



  • Strong knowledge of accounting principles and expertise in assessing financial performance
  • Proficient in gathering information through direct borrower interaction and skilled in negotiating favorable commercial terms
  • Experienced in documenting facility restructures and excellent verbal and written communication skills
  • 5-10 years in credit/lending/workout/insolvency, including credit analysis, customer engagement, and documentation


 



Benefits


You'll enjoy a collaborative work environment, flexible working arrangements, and a range of benefits that support your career growth and well-being, including:



  • A flat structure allowing for mentorship and learning opportunities
  • A flexible work policy and state-based workplaces
  • Industry-leading parental leave and wellness initiatives
  • A positive and supportive team culture


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