Powered by MOMENTUM MEDIA
Mortgage business logo

Banks boost mortgage teams, recruit Chinese speakers

Australian banks are looking to bolster their credit assessment teams and are increasingly demanding bilingual candidates.

The latest Hays Quarterly Banking Report noted that recruiters are seeing a strong demand for bilingual candidates with Mandarin language skills in Sydney.

“There has been an increase in the number of entry-level roles at banks that require these skills,” the report said.

Meanwhile, the push for increased bank lending across the branch and broker networks means banks are ramping up recruitment of verification officers within their back offices.

==
==

“These officers ensure the loans are processed and approved. Exposure to lending and local networks is becoming increasingly necessary for these roles,” the report said.

With the banks pushing for a higher home lending conversion rate, they are also increasing their number of credit assessors to process mortgage applications quicker for customers.

“However, as the financial institutions continue to be in the spotlight in regards to compliance, exemplary credit analysis skills are required,” the report said.

Share this article
brokerpulse logo

 

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

brokerpulse graph

What are the main barriers to securing a mortgage at the moment?