Rachana V

Credit Assessment Officer

ANZ • Fulltime

Dec 2021 - May 2025 • 3 yrs 5 mos

Over the past four years, my career has centered around financial analysis, risk assessment, and helping people navigate the home loan journey. The core of my experience was built at ANZ Bank, where I spent three and a half years working directly within the Australian residential mortgage sector. Working in retail banking taught me how to look closely at a financial profile. My primary role at ANZ was credit assessment—evaluating whether an applicant was in a position to take on a loan without facing financial distress. Daily, I analyzed complex tax returns, bank statements, and payslips to calculate Uncommitted Monthly Income (UMI) and serviceability ratios. I verified applicant identities (KYC/AML) and cross-checked declared liabilities against bank statements to catch unrecorded debts and mitigate fraud risks. To understand the full lending process, I worked across multiple functional areas. In application triage, I acted as the first filter, reviewing initial packages to ensure document completeness before handing them off to senior underwriters. Later, as a Drawdown Officer, I managed final post-approval steps, verifying contract adjustments and ensuring compliance before releasing loan funds. My focus on precision earned me an internal ANZ award for efficiency and accuracy. Wanting to understand the client side, I transitioned into freelance mortgage support. Working alongside Australian mortgage brokers, I gathered client documentation, audited bank statement data, pre-checked serviceability, and prepared loan files for lender submission. I also coordinated with conveyancers and real estate agents to keep pipeline timelines moving smoothly. I hold a B.Com from Osmania University and an MBA in Finance and Marketing from GITAM University. Armed with solid underwriting discipline, broker experience, and practical financial analysis skills, I am focused on bringing detail-oriented value to my next role.