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Primary Location: Australia,New South Wales,Sydney
Education: Bachelor's Degree
Job Function: Operations Credit Ops
Shift: Day Job
Employee Status: Regular
Travel Time: No
Job ID: 18040510
Our Mortgages Credit Team is responsible for assessing mortgage applications to only eligible deals, to minimise risk to the Bank and provide exceptional service to our brokers and exceed customer expectations. A large part of the role is to work with our stakeholders and vendors to strengthen our relationship and aim towards first call resolution.
Your key accountabilities include but are not limited to:
Responsible for the timely and accurate assessment of allocated New Business and Variations applications. Applications are processed under the 'Ownership Model' which requires accountability of file management from allocation to final approval
Thoroughly review application information/documentation and obtain a clear understanding of customer needs and loan purpose to ensure customer satisfaction within SLA
Professional, clear and concise communication to brokers and customers (and Sales Team where required) both over the phone and in writing throughout the stages of the assessment process. This includes approvals, declines, and requests for further information
Package and submit deals requiring Lenders Mortgage Insurance (LMI)
Liaise with Lenders Mortgage Insurance to obtain approval on proposed applications
Build and maintain strong relationships with Business Development Managers, Mortgage Specialist, customers and brokers as per the 'Ownership Model Contact Agreement'
Perform title searches for all deals prior to approval
Review clarifications received from Cards Acceptance and TCS Wealth Management regarding additional information on pending applications
Obtain approval from Risk and Mortgage Product where exceptions are required to proceed without a Credit Card or Citiplus Account under Bundled Applications
Prepare final approval attached supporting documents including title searches, AML for WA securities and forward to support staff to prepare guarantors letters, credit cards , ready credit and CPA
Review the completed final approval with all supporting documents, sign and instruct Galilee Solicitors to prepare mortgage documents
Manage and move files which require rate reviews to the Credit Support Officers on a daily basis and ensure the application is signed off and returned to Galilee on the same day
Management post settlement clarifications received from TCS (Chennai) regarding non maintenance of settled applications
Proactively identify improvements to service delivery and efficiency
This may include suggesting changes to credit risk policies, processes and procedures
Keep abreast and adhere to Policies, Procedures and Risk Bulletins
Adhere to timeframes on Compliance Training and Quality Assurance
Competencies and Experience to be successful in this position you must have the following skills and experience:
Must hold an acceptance credit delegation limit
Must have previous experience as a Credit Analyst within the Mortgage and underwriting team
Must have a min. of 1-2 years' experience within a credit or a financial institution
Knowledge/experience in Mortgage products and operations, essential Knowledge/experience in Secured credit, essential
Knowledge/experience in Unsecured credit, advantageous
Strong experience in Customer Service and Sales, desirable
Excellent professional communication skills, both oral and written with experience in documentation
Preferred High level of computer literacy in MS Power Point and Word / Intermediate level in Excel
Demonstrated understanding of implications for working within a regulated environment
Well organized, attention to detail and able to meet deadlines
Able to work autonomously and within a team environment
When you work at Citi, you'll be working for an organization that truly has a global footprint and a powerful network that spans the globe. We celebrate individual ingenuity and leverage the diversity of our people in order to drive high performance. Through dedicated support, training and resources, we promote our talent and future leaders to bring about lasting and positive impact. Citi continues to be an Employer of Choice for Women and supports a flexible work environment.