Mortgage Broker

PIVOTAL MIGRATION PTY LTD; City of Melbourne; On-site; AUD 80,000 - 85,000; Full time

Job summary

Tomorrow Financial Solutions in Hawthorn East, VIC, is seeking a qualified Finance Broker to join our permanent, full-time team. You will assess clients' financial circumstances, research lending options, and manage loan applications through to approval and settlement.

Working with clients and lenders, you will develop appropriate finance solutions, prepare applications, and ensure compliance while delivering professional, client-focused service. Salary is $80,000–$85,000 plus superannuation.

Qualifications

• Diploma-level qualification in finance, mortgage broking or related field.
• Minimum of 1 year experience in finance or mortgage broking.
• Experience assessing clients' financial circumstances and borrowing capacity.
• Knowledge of residential and investment lending products and loan applications.
• Ability to research and compare lending products for clients.

Responsibilities

• Conduct client fact-finding to identify borrowing objectives.
• Assess borrowing capacity and cash-flow.
• Research and compare lending products and terms.
• Prepare and submit finance applications with supporting documents.
• Liaise with clients and lenders through the application process.
• Monitor applications through credit assessment to settlement.

Skills

Analytical skills

Numerical ability

Problem-solving

Client communication

Stakeholder management

Attention to detail

Education

Diploma in finance or mortgage broking

Job description

Job Type: Permanent position | Full time position

Job Description

Mortgage Broker Tomorrow Financial Solutions - Hawthorn East, VIC, 3123 Permanent, full-time | $80,000 - $85,000 plus superannuation

About us Tomorrow Financial Solutions (TFS) is an established finance and mortgage broking business based in Hawthorn East, Victoria. We provide tailored finance solutions to individuals, families and businesses across residential and investment lending, refinancing, personal and vehicle finance, and commercial lending.

Our team works closely with clients to understand their financial circumstances and borrowing objectives, identify appropriate lending options and assist them through the finance process from initial assessment through to application, approval and settlement. We are committed to providing professional, responsive and client-focused financial services and maintaining strong relationships with clients, lenders and referral partners.

The role

We are seeking a qualified and experienced Finance Broker to join our finance team on a permanent, full-time basis. The role involves assessing clients' financial circumstances and borrowing requirements, researching and comparing available lending products, developing appropriate finance solutions and managing loan applications through to approval and settlement. You will work directly with clients, banks and other lenders to identify suitable finance options, prepare and progress lending applications, and address any servicing, credit or documentation issues that arise throughout the lending process.

Key duties and responsibilities

• Conduct client fact-finding to identify borrowing objectives, financial circumstances and lending requirements, including reviewing income, expenses, assets and liabilities
• Assess clients' financial position and undertake borrowing capacity, serviceability and cash-flow analysis
• Research and compare available lending products, lender policies, interest rates, fees, loan features and servicing requirements
• Develop and recommend appropriate loan structures and finance solutions having regard to clients' circumstances and objectives
• Explain finance options, loan structures, repayment arrangements and relevant lending conditions to clients
• Prepare and submit residential, investment and other finance applications together with supporting financial information and documentation
• Liaise with clients, banks and other lenders regarding lending requirements, application assessment and finance options
• Monitor and manage applications through credit assessment, valuation, conditional approval, formal approval and settlement
• Identify and assist in resolving lending, servicing and documentation issues arising during the application process
• Maintain accurate client records, application documentation and file notes in accordance with applicable regulatory, credit and internal compliance requirements
• Maintain current knowledge of lender policies, lending products and developments within the finance and mortgage broking industry

Required qualifications and experience

• Relevant Diploma-level qualification in finance, mortgage broking or a closely related field, or higher relevant qualification
• Minimum of one (1) year relevant experience in finance broking, mortgage broking, lending or a closely related role
• Demonstrated experience assessing clients' financial circumstances, borrowing requirements and lending capacity
• Sound knowledge of residential and investment lending products, lender policies and loan application processes
• Ability to research and compare lending products and develop finance solutions appropriate to individual client circumstances
• Strong analytical, numerical and problem-solving skills
• Strong client communication and stakeholder management skills
• High level of attention to detail and strong organisational and documentation skills
• Sound understanding of applicable lending, credit and compliance requirements