2 Loan Management jobs in Australia

Senior Credit Analyst

Scoresby, Victoria Cummins Inc.

Posted 11 days ago

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Job Description

**DESCRIPTION**
**In this role, you will make an impact in the following ways:**
+ Prepare entity or region credit reporting, planning and forecasting.
+ Analyse credit exposures of an entity or region of a business segment.
+ Understand trade finance and credit management skills to support the business.
+ Perform credit-worthiness reviews on new and existing accounts at the entity or region level in line with Corporate Policy, ensuring minimal risk to the business.
+ Support the standardization of processes where possible within applicable entities or within a region across the business unit.
+ Develop and produce regional or global reports to monitor Accounts Receivable performance against approved business segment credit limits.
+ Prepare metrics analysis and consolidated credit reporting for the entity or region, as well as ad hoc credit analysis and reports as required.
+ Partner with sales/commercial function on key business growth needs by providing credit/financial support.
+ Encourage cross business segment communication on credit issues involving common customers within the region to develop risk mitigation strategies.
+ Coordinate effectively with all stakeholders to optimize customer experience
+ Support the implementation of Corporate Credit Policies and assures audit compliance against them.
+ Lead special projects to improve Accounts Receivable credit systems, reporting and processes.
+ Implement and manage the reporting and analysis of credit risk strategies and receivables performance health metrics with a focus on continuous improvement
+ Responsible for audit of credit notes raised by the business to ensure compliance
+ Manage the internal and external audit reviews of our department.
+ Interpret credit policy, guidelines and procedures, particularly with respect to both compliance and performance reporting
+ Understand, implement and monitor PPSR Strategy
**RESPONSIBILITIES**
**To be successful in this role you will need the following:** ** **
+ **Financial acumen** - Interpreting and applying understanding of key financial indicators to make better business decisions.
+ **Situational adaptability** - Adapting approach and demeanor in real time to match the shifting demands of different situations.
+ **Values differences** - Recognizing the value that different perspectives and cultures bring to an organization.
+ **Credit Management** - Assesses customer credit worthiness and risk to ensure that credit limits support sales strategies while maximizing accounts receivable collectability and minimizing bad debt balances; evaluates business opportunities to maximize sales without taking on undue balance sheet risks; analyzes customer payment performance to identify potential risks in order to optimize collection efficiency and minimize bad debts.
+ **Financial Analysis** - Interprets financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement; evaluates financial results against targets to communicate conclusions to all stakeholders; ensures integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.
**Working at Cummins you will receive, but not limited to;**
+ A competitive Salary package
+ Growth and development opportunities
+ Flexibility to promote a work life balance
+ Income Protection continuance insurance
+ Discounts with select private health insurance, PC software/hardware and a range of vehicles
+ Participation in an annual variable compensation (bonus) program 
+ A range of personal and professional benefits
+ Employee Assistance Program available to employees
**We are an equal opportunity employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, colour, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law.**  
**QUALIFICATIONS**
**Additional Information**
+ Full Time / 38 hours per week (164.667 per month)
+ Competitive Salary
+ Hybrid Work - Mondays & Tuesday On-Site/ Wednesday - Friday Remote
+ Domestic Relocation may be offered for the right candidate
**Job** Finance
**Organization** Cummins Inc.
**Role Category** Hybrid
**Job Type** Exempt - Experienced
**ReqID**
**Relocation Package** No
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Loan Operations Officer, Global Banking Operations, Australia

Sydney, New South Wales Bank of America

Posted 26 days ago

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Job Description

Loan Operations Officer, Global Banking Operations, Australia
Sydney, Australia
**To proceed with your application, you must be at least 18 years of age.**
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**To proceed with your application, you must be at least 18 years of age.**
Acknowledge ( Description:**
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
**Job Description:**
This job is responsible for working in a process concerning operational exceptions for both domestic and international consumers, commercial and wholesale bank businesses, or services functions as an individual contributor. Key responsibilities include reporting, reviewing and processing transactions, and performing other support operations functions as required. Job expectations include ensuring quality service and effective and efficient operations support for the assigned area's internal business partners, external customers, or clients.
The Loan Operations team is responsible for performing a variety of operational and administrative tasks related to the processing, servicing and maintenance of loan accounts held by our corporate clients. The role supports both Global Banking and Global Markets businesses by ensuring timely execution of loan documentation, funding and servicing in accordance with the Bank's policies and regulatory requirements.
**Responsibilities** :
+ Contributes to overall success of an operations team as an individual contributor
+ Handles operational activities and queries for either single or multiple Lines of Business across the enterprise
+ Adheres to deadlines set internally within the business unit or those in agreed Service Level Agreements with internal or external business partners
+ Challenges the status quo and promotes positive change
+ Provides functional expertise knowledge to projects or initiatives relating to the business unit
+ Coordinate loan processing, disbursement and fundings in a timely manner
+ Maintain loan records including payments, renewals and fee collection
+ Assist in internal and external audits
+ Collaborate with Bankers, credit functions, treasury and other internal parties to resolve issues
**Skills** :
+ Data Collection and Entry
+ Active Listening
+ Adaptability
+ Attention to Detail
+ Reporting
+ Account Management
+ Collaboration
+ Customer Service Management
+ Proficiency in loan applications (Loan IQ)
+ Strong communication skills
+ 2+ years of experience in loan operations, loan servicing of related financial services
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "Know your Rights" poster, CLICK HERE ( .
View the LA County Fair Chance Ordinance ( .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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