Financial Broker

Job Description

Financial Brokers act on behalf of their clients to find and organise loans, arrange insurance and offer advice on financial market transactions.

Careers Ladder

Qualifications

To work as a Financial Broker in Australia, a qualification in finance is usually required, in addition to fulfilling the registration or licensing requirements in your state.

Undertake a qualification in financial broking, such as a Certificate IV in Finance and Mortgage Broking, Diploma of Finance and Mortgage Broking Management, or a Bachelor of Business (Financial Planning).

If wanting to practise as a Mortgage Broker, you must have an Australian Credit Licence (ACL), obtained through the Australian Securities and Investments Commission (ASIC). Also consider joining an industry association, such as the Finance Brokers Association of Australia (FBAA).

Financial Brokers with experience may wish to specialise and become a Commodities Trader, Financial Market Broker or Investment Banker.

Attributes

  • Customer-orientated
  • Diligent
  • Efficient
  • Eloquent
  • Focused
  • Friendly
  • Honest
  • Meticulous
  • Team Player

Key Skills

  • Sales
  • Mortgage Broking
  • Time Management
  • Lending
  • Customer Service
  • Relationship Management
  • Banking

Future Prospects

You may like to think about moving on from this career, some transferable skills can be utilised in roles such as;