Associate Broker

About the Role:

As a
Broker Associate
, you'll play a pivotal role in supporting our Head Broker and delivering a seamless experience for our clients. You'll manage the full loan process from
submission to settlement
, handling all
credit-critical requirements
on behalf of the broker. This includes assisting in the preparation, submission and correction of home loan and liaising with lenders and ensuring all compliance and documentation standards are met.

You will collaborate with various stakeholders, such as loan officers, underwriters, and clients, to gather and analyse relevant information to support credit decision-making. You will also provide recommendations and ensure compliance with regulations. Our client is based in Moonee Ponds, and you will be joining a fantastic team and collaborative working environment working with a team with a great reputation in the Finance industry.

What you will do:

• Evaluate creditworthiness of loan applications by analysing financial statements, credit reports, tax returns, and other relevant documents.
• Prepare and/or oversee credit submissions for new home loan and (some commercial loan) applications, and coordination of deal execution through to final approval and eventual funding.
• Provide exceptional customer service to borrowers and respond to inquiries related to loan status and documentation.
• Communicate with loan officers, assessors/underwriters, and other stakeholders including solicitors, conveyancers etc. to meet established timelines.
• Ensure residential loan applications are complete and accurate, including loan application forms, property valuation reports, and other required documents.
• Communicate with applicants/borrowers to request additional information or clarification on loan applications as needed.
• Follow up on outstanding conditions and address and complete any loan conditions in a timely manner to ensure applications can be converted to final approval.
• Maintain and update loan files and databases to ensure accurate record-keeping.
• Stay current with industry regulations, company policies, and lending guidelines.

What you will have:

• Minimum of 2 + years of experience as a Broker Associate, Broker Support Officer, Senior Loan processor or Credit Analyst or similar role in the commercial or residential lending industry.
• Previous experience in a mortgage broker's office is highly desirable
• Excellent communication skills as well as strong analytical skills.
• Excellent attention to detail and accuracy in reviewing loan applications and supporting documents.
• Ability to work in a fast-paced environment and handle multiple loan applications simultaneously.
• Strong communication skills, both written and verbal, with the ability to effectively communicate with borrowers, credit assessors, and other stakeholders.
• Proficient computer skills, including experience with loan origination software, document management systems, and Microsoft Office Suite.
• Ability to work independently and as part of a team, with a positive attitude and strong work ethic.
• A high level of professionalism as well as being well organised.