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Explore all careersA Finance Broker helps clients secure loans, liaises with lenders, manages paperwork, and ensures applications meet deadlines while handling multiple clients.
Get qualified to work as a Finance Broker with a course recognised across Australia. Speak to a training provider to learn more.
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In Australia, a full time Finance Broker generally earns $1,800 per week ($93,600 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
The number of people working in this industry is expected to grow strongly in coming years. There are currently 12,700 people employed in this sector in Australia and many of them specialise as a Finance Broker. Finance Brokers may find work across all regions of Australia, particularly larger towns and cities.
Source: Australian Government Labour Market Insights
If you’re planning a career as a Finance Broker, consider enrolling in a Diploma of Finance and Mortgage Broking Management. This course covers topics including identifying client needs, presenting credit options, understanding special financial circumstances, preparing loan applications and complying with legislation and industry codes of practice. A Bachelor of Business (Financial Planning) or a Bachelor of Financial Planning may also be suitable.
A Finance Broker helps clients to secure loans from banks and other financial institutions. You might meet with customers to discuss their needs and find available loan options. Finance Brokers liaise with banks, credit unions and building societies and assist clients with their loan applications. You might prepare and submit paperwork on their behalf.
Finance Brokers should have good interpersonal abilities and strong customer service skills. It’s important you are organised and can complete a range of administrative tasks. Finance Brokers must be able to manage multiple clients at one time and complete their work according to strict deadlines.