As a Credit Analyst at Plenti, you will assess and approve consumer and commercial automotive loan applications, using your analyses of financial data to make informed credit decisions.
Who is Plenti?
Plenti is a fintech lender, providing faster, fairer loans by leveraging its smart technology. Plenti is a dynamic and innovative business that is growing strongly. By continuing to deliver better customer experiences, Plenti is taking market share from incumbent players in the personal lending, renewable energy, and automotive finance markets.
We are a fast moving and ambitious business that seeks to recruit smart and capable people, who can take ownership of their role to help the business thrive. With over 250 people based in Australia, Plenti is of a size where everyone can make a difference in their role and help us realise our very big ambitions as a team, as we go about building Australia’s best lender.
Plenti is a founder led business that launched in 2014, listed on the ASX since 2020 with annual revenue of over $250 million and a loan portfolio of over $2.5 billion.
Role Summary:
The Credit Analyst is responsible for assessing and mitigating the financial risk associated with consumer and commercial automotive loan and unsecured personal loan applications. This role is essential to minimising risk, maintaining regulatory compliance, and verifying borrower information. The Credit Analyst's responsibilities include ensuring that credit policy and risk appetite are met and are in accordance with the NCCP Act, Responsible Lending guidelines, Privacy Act, and ASIC regulations.
Key Responsibilities:
• Analyse loan applications to assess creditworthiness, using a variety of data sources including credit bureau reports, bank statements, income verification documents and employment history
• Evaluate an applicants’ financial stability, repayment capacity and debt-to-income ratios in accordance with Australian lending regulations including the NCCP Act
• Assess the validity and accuracy of information provided by applicants and broker referrers, identifying potential fraud or misrepresentation
• Adhere to internal credit policies, lending guidelines Conduct quality reviews of customer identification, adhering to all AMF/CTF standards, KYC obligations and company policies
• Communicate effectively with team members and internal stakeholders
• Provide clear and concise explanations of credit decisions and requirements to external stakeholders
• Adherence to individual KPIs, including a set target of activities to be completed each day
• Adherence to the team SLA requirements set by the business
Key Experience & Qualifications:
• Proven experience of at least 4+ years of delegated lending authority, having held a DLA of at least $100K
• Deep understanding and expertise in Equifax Comprehensive Credit
• Reporting and financial document analysis.
• Prior experience in a lending institution or financial services environment is essential
• Experience in credit analysis, loan processing or risk management is essential
Competencies & Skills:
• Strong analytical and problem-solving skills
• Excellent attention to detail
• Knowledge of financial analysis and credit risk assessment
• Familiarity with relevant Australian lending regulations
• Strong communication skills
What's life like at Plenti?
Working at Plenti means joining a team that is high-performing, diverse, customer-focused and collaborative. It’s a place where everyone can “make it happen” and share in the results and success. If being in a dynamic industry as part of a market-leading fintech sounds like you, then join to help us reshape Australia’s financial eco-system for the good.
In return, you will enjoy a culture of innovation and entrepreneurship to take your career further. We offer flexible working and volunteer and study leave to develop your skills. We also have monthly social events, office snacks, company Townhalls and D&I initiatives and events to help you connect with your colleagues.
Plenti is committed to a diverse and inclusive workforce.
We encourage people from different backgrounds to apply, including Aboriginal and Torres Strait Islander people and people with disabilities. When you apply, let us know of any reasonable adjustments you may need during the interview process so we can accommodate you.
Top Skills
Equifax Comprehensive Credit Reporting
Similar Jobs
Big Data • Food • Hardware • Machine Learning • Retail • Automation • Manufacturing
As an HR Specialist, you will lead talent management, HR policy execution, and provide strategic guidance while collaborating with business unit leaders.
Top Skills:
Data AnalyticsExcel
Artificial Intelligence • Healthtech • Machine Learning • Natural Language Processing • Biotech • Pharmaceutical
Lead regional operations in clinical trials, ensuring effective resource planning, compliance and quality oversight, while managing stakeholder relationships and driving quality improvement initiatives.
Top Skills:
Microsoft Office Suite
Artificial Intelligence • Cloud • Sales • Security • Software • Cybersecurity • Data Privacy
The Senior Consultant will manage software installations, customer interactions, and provide training while mentoring junior staff and implementing solutions independently.
Top Skills:
AWSAzureBeanshellC#C++GCPJavaJavaScriptJspLinuxMssqlMySQLOraclePowershellPythonRubyServletsSQLSybaseTypescriptUnix
What you need to know about the Melbourne Tech Scene
Home to 650 biotech companies, 10 major research institutes and nine universities, Melbourne is among one of the top cities for biotech. In fact, some of the greatest medical advancements were conceptualized and developed here, including Symex Lab's "lab-on-a-chip" solution that monitors hormones to predict ovulation for conception, and Denteric's vaccine for periodontal gum disease. Yet, the thousands of people working in the city's healthtech sector are just getting started, to say nothing of the tech advancements across all other sectors.
