Parabroker

Position: Senior Parabroker (Australian Mortgage)

Salary: PHP 140,000 - 165,000/month

Work Schedule: 9:00 AM - 6:00 PM Philippine Time

OVERVIEW:

The Credit Analyst is responsible for supporting mortgage brokers by managing the end-to-end loan processing cycle. This includes collating client supporting documents, initial credit pre-assessment, credit proposal creation, preparing, reviewing, and submitting loan applications, liaising with the broker, clients, lenders and referral partners, and ensuring all compliance and documentation requirements are met to deliver a seamless customer experience.

RESPONSIBILITIES:

• Liaise internally with Directors, Mortgage Brokers, Broker Support Team
• Liaise externally with Clients, Lenders and Banks, Solicitors and Conveyancers, Referral Partners, Real Estate Agents

Loan Application, Processing & Settlement

• Accurately prepare, review, and submit loan applications in a timely manner by referring to submission/application checklist and following company standardised processes. 
• Verify client information and documentation to meet lender requirements and compliance standards. 
• Liaise with lenders, solicitors, conveyancers, real estate agents, clients and referral partners to track the progress of applications and resolve any issues or delays. 

Client Consultation and Credit Analysis

• Act as the primary point of contact for clients during the loan processing phase (pre-assessment to settlement). 
• Provide personalised guidance on mortgage options based on clients' needs and preferences collaboratively with the broker by referring to credit assessment checklists, following company standardised processes and completing company standardised pre-assessment/loan proposals. 
• Clearly explain mortgage terms, interest rates, and repayment plans to clients as necessary. 
• Provide updates and respond to client inquiries regarding their applications. 5. Guide clients through the document collection process, ensuring all necessary paperwork is received and complete. 

Compliance and Documentation

• Ensure all applications meet regulatory, lender and company compliance standards.
• Review loan documents with clients to ensure understanding and accuracy. 
• Maintain up-to-date knowledge of lender policies, products, and industry regulations.
• Follow credit assessment checklist and process. 
• Keep accurate records of all client interactions and document submissions in the CRM system. 
• Ensure client data is correctly filed in the database folder system to the company standard format and file naming conventions.