Credit Operations Manager

2 weeks ago

Sydney, New South Wales, Australia Balmain Full time $120,000 - $250,000 per year

At Balmain we provide an array of financial services which satisfy all of our client's financial requirements under one brand. We build long-term relationships with our business partners, to continue to provide a high level of service to clients and lenders whilst providing a challenging and rewarding environment for staff. We understand that the collective efforts of our people hold the key to our success.

The Balmain Group has a loan portfolio exceeding $5.5B and provides $4B in property investment and development loans each year. Loans range in size between $1M to in excess of $100M for purposes including investment, construction and site acquisition.

PRIMARY ROLE

The Credit Operations Manager is a critical component in assisting the joint Heads of Credit with the monitoring, managing and compliance of Balmain's loan portfolios..

KEY RESPONSIBILITIES

  • Manage the performance reporting requirements for Balmain's loan portfolios.[JN1] [RT2]
  • Undertake and maintain group exposure analysis and reporting, including geographical, borrower group and industry exposures in line with Balmain policy.
  • Quarterly Watchlist and Non-Performing Loan Reporting.
  • Preparation of reports for monthly Credit Committee meetings and minutes of meeting.
  • Conduct regular quality assurance (QA) activities by auditing the portfolio information held on Balmain's lending systems [RT3]  and other source documents to ensure that all loan information is accurate and documented consistently across the portfolio.
  • Take a leading role in process development and policy writing.
  • Communication of new processes and policies to credit staff and assist with training where required.
  • Maintain and periodically review Balmain's external consultants including Solicitors, Valuers, Quantity Surveyors and Project Managers, including maintaining current information on standing instructions, panel appointments and insurance.
  • Manage a small team dedicated to overseeing loan covenant and milestone compliance. Monitor and report on non-compliance statistics.
  • Arrears management and escalation to Heads of Credit as required by policy.
  • Monthly settlement and decisioning reporting in comparison with delegated authorities.
  • Assist the Joint Heads of Credit in planning and completion of any Credit special projects.

COMPETENCY / JOB SKILL ATTRIBUTES / REQUIREMENTS

  • Minimum 5 years' experience in the commercial lending environment or experience in a similar style operational or reporting role.
  • Good understanding of commercial loan documentation
  • Highly competent with excel.
  • Excellent communication skills (written and verbal).
  • Experience with AI would be beneficial

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