Powered by MOMENTUM MEDIA
realestatebusiness logo

Subscribe to our newsletter

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.

Advertisement
Advertisement

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.

Banks boost mortgage teams, recruit Chinese speakers
mortgagebusiness

Latest News

With Anthony Albanese and several cabinet ministers sworn in following Labor’s election win, members of the mortgage and property industry...

The bank’s chief economist has responded to the RBA’s latest board meeting, maintaining that rates will lift by 40 bps next month. ...

The combined capitals recorded their lowest preliminary clearance rate for the year to date, with the CoreLogic analysts pointing the federa...

VIEW ALL

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!

What is the maximum proportion of income borrowers should use to service a mortgage?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.