Credit Underwriter, HSBC

HSBC

Location:
Australia, Parramatta

Category:
Banking

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

The purpose of this role is to process, verify and decision residential mortgage credit submissions (new business & variations), from the WPB Distribution Network. To determine suitability of security and appropriate Loan to Valuation ratios with respect to the above. To make recommendations to higher authority on loans outside of jobholder’s delegated limits, and to provide high quality service to assist WPB Distribution Channels to achieve AOP targets whilst maintaining a focus on risk management and compliance with credit policy.

Job Responsibility:

Analyse, verify and decision residential loan proposals
Exercise a high degree of commercial acumen, whilst ensuring all submissions satisfy the Bank’s policies & legislative guidelines
Build and maintain value based, constructive working relationships with key internal and external customers
Provide a reference point for WPB distribution channel staff to direct enquires relating to lending and assist with their training, coaching and development
Assist in providing ongoing training, guidance and support to WPB Distribution Channel staff, including visits to Branches
Ensure that all Audit and Compliance related issues are complied with and that all relevant reports are actioned in a timely manner
Ensure timely and efficient processing of all credit related applications
Preparation of files and registers for various visits by auditors, regulators etc
Management and/or participation in a variety of related projects emerging from time to time
Satisfactory monthly Quality Assurance results

Requirements:

Understanding of risk assessment required to complete secured residential underwriting
Knowledge of local regulations and compliance – APRA, ASIC, AML, KYC guidelines
Mortgage/Lending underwriting experience
understanding property valuation, credit reporting and lending criteria
Ability to interpret financial statements, credit reports and self-employed income types
Minimum 2-5 years underwriting experience within Australian market with specific self-employed/construction underwriting experience required

Nice to have:

Preference will be given to candidates who hold Australian PR/Citizenship or New Zealand Citizenship, or who can demonstrate current unrestricted work rights in Australia without limitations

What we offer:

Tailored professional development opportunities
Competitive pay
Embedded flexible working culture
Market-leading subsidised private health cover
Enhanced parental pay and support when returning to work
Subsidised banking products and services
Bonus leave days
Wellness programmes including discounted gym memberships

Additional Information:

Job Posted:
August 05, 2025

Expiration:
August 19, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Credit Underwriter