Junior Settlements & Credit Analyst

Balmain Administration Services Pty Limited; City of Brisbane; On-site; AUD 90,000 - 120,000; Full time

Job summary

Balmain Administration Services Pty Limited – Brisbane QLD is seeking a Settlements & Credit Analyst to support assessment, approval, documentation and settlement of commercial real estate loans.

Working with the Credit Manager and team, you will assist with financial analysis, credit submissions, loan structuring and coordination of settlement requirements, liaising with borrowers, solicitors and investors to ensure all conditions are met and funding advances smoothly.

Qualifications

• Desire to develop experience in real estate banking and finance roles.
• Recent Property Economics or Valuation graduate suited.
• Assist Credit Managers with review and structuring of commercial development and investment loans from origination to close.
• Liaise with legal consultants to draft loan documentation and review loan agreements.
• Develop understanding of loan settlement processes and documentation.
• Ability to work autonomously within a team and communicate effectively.
• Time management and organisational skills; problem solving and attention to detail.
• Proficiency in Microsoft Office and Excel; willingness to learn AI tools.

Responsibilities

• Structure and draft offer letters and term sheets with Senior Credit Managers.
• Instruct solicitors to prepare loan documents and review them when completed.
• Ensure loans progress towards settlement with all required documents and conditions.
• Prepare drawdown notices and coordinate with Finance for funds.
• Record loan security details for the servicing team.
• Manage loan discharges with panel solicitors and maintain the sell down schedule.
• Prepare draft credit risk and investor reports for Credit Manager review.
• Assist in the settlement process of commercial loans under direction of Credit Manager.
• Recommend settlement payments.
• Perform financial analysis (financial statements and project feasibilities) and assess credit worthiness.
• Assist in Credit Submissions review and provide loan opportunity analysis.

Skills

Real estate banking

Credit analysis

Loan settlement

Microsoft Office & Excel

Analytical thinking

Teamwork

Time management

Problem solving

Attention to detail

AI awareness

Education

Property Economics or Valuation graduate

Job description

Balmain Administration Services Pty Limited – Brisbane QLD

The Balmain Group has over $10B in receivables under management, including a commercial 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 a range of purposes including investment, construction and site acquisition.Structured/preferred equity transactions also form part of the business appetite.

The Settlements & Credit Analyst supports the assessment, approval, documentation and settlement of commercial real estate loans. Working closely with the Credit Manager and wider Credit team, the role assists with financial and credit analysis, preparation of credit submissions and investor reporting, loan structuring and documentation, and the coordination of settlement requirements.

The role also liaises with borrowers, solicitors, consultants, Finance and other key stakeholders to ensure that all documentation, conditions precedent and funding requirements are completed accurately and efficiently. Through this combined focus, the Settlements & Credit Analyst supports the effective management of credit risk and the timely progression of loan transactions from initial assessment through to submission for funding approval.

Key Responsibilities

Structure and draft offer letters and term sheets in conjunction with Senior Credit Managers.

Instruction of solicitors to prepare loan documentation and review documentation when completed.

Work closely with solicitors and key stakeholders to ensure loans progress towards settlement and all required documentation and conditions are held.

Prepare drawdown notices and liaise with the Finance team in the call for funds for settlements.

Record details of loan security and terms for communication to our Loans Servicing Team.

Manage Loan Discharges with panel solicitors and maintain the sell down schedule.

Preparation of draft credit risk and investor reports for Credit Manager review.

Assist in the settlement process of commercial loans (under direction of Credit Manager).

Recommend settlement payments.

Undertake financial analysis (financial statements and project feasibilities) and credit worthiness for loan applications.

Assist Credit Manager and Senior Credit Manager review of Credit Submissions and provide analysis of loan opportunities

Competency / Job Skill Attributes / Requirements

Desire to develop experience in real estate specific banking and finance roles.

Role would suit recent Property Economics or Valuation graduate.

Ability to assist Credit and Senior Credit Managers with review and structure of commercial development and investment loans from initial origination stage to financial close

Learn to review and understand loan agreements and liaise with legal consultants to draft loan documentation

Develop legal understanding of loan settlement process

Develop the ability to work autonomously within a team setting. Personable and ability to work in a team is essential

Time management & organisational skills

Problem Solving/Logical

High attention to detail

Use of initiative to solve problems

Microsoft Office & Excel Skills are essential.

Understanding of AI applications and willingness to develop skills further