Mortgage Credit Analyst
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Job Location:
Monthly Salary:
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
What we do
We are creating ultra-fast and transparent banking with an all-in-one application and new opportunities for all Clients - individual business and corporate.
Our greatest value is our People - a Team of creative experts who thrive in a dynamic and innovative environment. We focus on collaboration engagement and achieving ambitious goals.
We are looking for a Mortgage Credit Analyst to join us at this pivotal moment share our vision and help shape the future of European banking.
What you will be doing
Review and assess mortgage applications:Perform manual underwriting of residential mortgage applications for the Portuguese market including property purchase and refinancing.
Evaluate creditworthiness and affordability:Analyze applicants income employment stability debt obligations credit bureau data and repayment capacity in line with Portuguese mortgage lending practices and internal risk appetite.
Collateral and property assessment:Review property valuations LTV ratios legal documentation and collateral-related risks specific to the Portuguese market.
Make decisions or recommendations:Approve decline or request additional documentation ensuring decisions are well-supported and aligned with credit policy.
Ensure portfolio quality:Monitor mortgage portfolio risk indicators and ensure adherence to portfolio quality standards.
Ensure compliance:Ensure underwriting decisions comply with Portuguese regulatory requirements mortgage consumer protection laws and internal policies.
Cross-functional collaboration:Work closely with sales risk legal valuation providers and operations teams to ensure a consistent and compliant underwriting process.
Policy optimization:Contribute to refinement of underwriting criteria and mortgage credit policies based on portfolio performance regulatory changes and market trends.
Process improvement:Identify opportunities to streamline manual underwriting processes and improve efficiency without compromising risk quality.
Data analysis and reporting:Use SQL (BigQuery) to analyze application trends and portfolio performance supporting data-driven decision-making. (not mandatory)
Skills you should have
Experience:5 years of experience in mortgage underwriting or secured retail lending
Mortgage underwriting knowledge:Strong understanding of secured lending principles affordability assessment LTV limits and collateral evaluation.
Analytical skills:Ability to analyze financial documentation income sources credit bureau data and property-related information.
Attention to detail:Strong focus on accuracy and completeness of documentation.
Decision-making capability:Ability to make sound credit decisions or provide structured recommendations.
Understanding of credit risk:Solid grasp of mortgage credit risk management and portfolio monitoring.
Basic SQL skills:Experience using SQL (BigQuery) for reporting and analysis.(not mandatory).
Communication skills:Clear written and verbal communication skills in a cross-border working environment.
Time management:Ability to work efficiently in a high-volume deadline-driven environment.
Team player:Strong collaboration skills and willingness to work across functions and geographies.
Regulatory knowledge:Understanding of Portuguese mortgage and consumer credit regulations (highly desirable).
Language skills:Must be able to communicate well inEnglish
Education:Bachelors or Masters degree in Finance Economics Statistics Mathematics or related disciplines (nice to have).
What we offer
- You will get an opportunity to work in an innovative digital bank applying state of the art approaches and technologies.
- We provide our team members with Apple MacBooks to ensure a seamless work and superior user experience.
- Flexible Work Model: We offer a hybrid approach with a monthly allowance to support your home office costs
- Health & Wellbeing: You and your closest family (spouse and dependents) will be covered by comprehensive private healthcare.
- Meal Support: We help fuel your day with meal vouchers.
Our process
Step 1:Talk with one of our Recruiters about your to date experiences and ambitions
Step 2:Meet with your future Team Manager to deep dive on the role specifics and our work environment
Our note to you
Diverse teams really are the best teams. Research shows that some candidates may hesitate to apply for a job unless they meet every requirement. If you are excited about working with us we encourage you to apply - even if youre not 100% sure. We are interested in getting to know you and learning about what you bring to the table.
Please note that we may close a job posting early if we receive a large number of exceptional applications.
Good luck!
About us
Required Experience:
IC
Key Skills
- Financial Statement Preparation
- Credit Analysis
- Cash Flow Analysis
- Math
- Banking
- Analysis Skills
- UCC Law
- Underwriting
- Financial Analysis
- Financial Modeling
- Financial Report Interpretation
- Word Processing
