CommBank

VerificationsOfficer

Sydney, New South Wales, Australia; Perth, Western Australia, Australia FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid+ candidates.

The Brief

“Verifications Officer at CommBank. Skills: Verification, Assessment, Stakeholder management, Policy application. Verify and assess secured home loan applications. Ensure accurate verification of home loan applications”

What You'll Achieve.

Deliver fast quality decisions for our customers; Drive good customer focus outcomes; Deliver safe and customer focused financial outcomes for the Group

Industry & Context.

Problems you'll solve

Ability to think laterally; Risk and analytically driven assessment; Grasp complex transactions; Analyse benefits of specific client circumstances; Look for issues, not simply react to them

Eligibility Requirements

Work in the office at least 50% of the time during the training period (first two months), 10% in-office connection required after training period

What They're Looking For.

Must Have

Home loan lending experience, Home loan credit experience, Familiar assessing PAYG home loan applications end to end, Knowledge in the analysis and income extraction/documentation of PAYG and valuation reports, Knowledge in liabilities analysis, Experience managing stakeholder relationships, Effective communication skills, Demonstrated strategic thinking, Ability to make safe, sound and secure assessments, Commercial acumen, Customer centric approach, Ability to think laterally, Unbiased, risk and analytically driven assessment of alternate options, Understanding of APRA regulatory requirements, Understanding of ASIC regulatory requirements, Understanding of responsible lending requirements, Solid understanding of the retail lending policies, Solid understanding of the retail lending processes, Solid understanding of the retail lending procedures, Ability to easily grasp complex transactions, Ability to analyse the benefits of the idea of specific client circumstances, Self-motivated, Proactive, Able to look for issues, not simply react to them

Nice to Have

Senior Verification Officer role, Leadership

What You'll Do.

Verify and assess secured home loan applications

Ensure accurate verification of home loan applications

Verify creditworthiness

Review income and liabilities

Assess payslips and bank statements

Confirm loan serviceability

Confirm loan eligibility

Check and work with third party channel providers

Apply home loan policies and procedures

sound and responsible home loan assessments

Focus on efficiency and accuracy on new assessments

Focus on efficiency and accuracy on rework

Deliver fast quality decisions

Use consistency and good judgement

Apply policy when assessing applications

Drive good customer focus outcomes

Identify Continuous Improvement opportunities

Simplify our business

Improve outcomes for our customers

Deliver safe and customer focused financial outcomes

Ensure compliance within internal compliance requirements

Ensure compliance within external compliance requirements

Ensure compliance within internal audit requirements

Ensure compliance within external audit requirements

Adhere to government legislative policies

Adhere to governing body legislative policies

Take a values-based approach

Build trust within our teams

Deliver on RCD Strategic priorities

Deliver on business line partner priorities

Make outbound calls to the lending network

Adhere to the code of conduct

How You'll Work.

Team & Collaboration

Professional clear and concise communication with key stakeholders; Build rapport with stakeholders; Building trust within our teams

Communication Scope

Professional clear and concise communication; Effective communication skills

Full Job Description

**Do work that matters:** CommBank’s Chief Operations Office (COO) is looking for Verification Officers to join our Retail Operations business, based in Sydney or Perth. Retail Operations delivers high-quality, efficient services across the end-to-end retail lending lifecycle. Retail Operations span credit decisioning, settlements, and customer support for products including home loans, personal loans and credit cards —servicing both CBA and Bankwest brands **The Role** This role will see you responsible for the Verification and Assessment of Secured Home Loan Customer Applications. These will be received via the Third-Party Channel. You will ensure accurate and effective verification of home loan applications that are made in a consistent, efficient, timely manner and delivering excellent customer service. This includes verifying creditworthiness by reviewing income and liabilities, conducting ID checks, and assessing payslips and bank statements to confirm loan serviceability or eligibility This is a highly operational role where accuracy is paramount and will include checking and working with third party channel providers to ensure we have everything required for the loan. You will be required to work in the office at least 50% of the time during the training period (first two months). After this 10% in-office connection is required. We can consider applicants in Sydney, Perth, Melbourne, Brisbane locations. **Your responsibilities:** * Accurate application of home loan policies and procedures to make safe, sound and responsible home loan assessments. * Focus on efficiency and accuracy on new assessments and rework to deliver fast quality decisions for our customers. * Use consistency and good judgement with the application of policy when assessing applications to driving good customer focus outcomes. * Professional clear and concise communication with key stakeholders (lenders, brokers and customers) with the ability to build rapport with these stakeholders. * I

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