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Mortgage broker - Fully remote - Commission only - Leads given & trail ownership

F

Location
Australia
Fundd

Job Description

Hello!

Thank you for showing interest in our role at Fundd. We are a young finance broking business and our staff work wherever they like. Whether it's at home, in a co-working space, or even at the beach, we believe in promoting a healthy work-life balance for our team members.

At Fundd, we distinguish ourselves from our competitors by fostering a culture of adventure and individual freedom. Our team shares similar values and interests, creating a cohesive and vibrant working environment. We specialize in various lending areas, including home loans, asset finance, personal loans, as well as commercial and development lending. Ongoing training is provided to ensure our team is up-to-date with the latest industry knowledge.

As a socially conscious organization, we actively contribute to the betterment of our society by supporting organizations and individuals in need. Making a positive impact is an integral part of our company ethos.

This role is suitable for the self-motivated individual that wants to work in a small - medium sized broking firm that is rapidly growing. It would suit any existing solo brokers that have been in the industry and find it lonely without team members, tiring to never get a break or who are great at some aspect of the industry but need help in other aspects. It would also suit the existing or former bank lender or existing mortgage broker in a salaried position that doesn't have the option to grow in their company.

We are a growing team of 20 and our next team member is an experienced Mortgage/Finance Broker that has some industry experience and is looking to join a team that can help them go to the next level. This particular role is commission only and we offer probably the best in the market commission splits with joint trail ownership and the right for you to purchase your entire client base down the track should you wish to. The option to purchase is written into your contract.

Our commission model is simple:

On leads provided by us you will receive 60% of the upfront commission and 50% of the trail commission. On leads you bring into the business through your own means you will receive 80% of the upfront commission and 50% of the trail. You will enjoy the same upfront splits on any other revenue producing activity (insurance commission, asset finance referrals & other business).

We will pay your industry regulatory costs included but not limited to:

FBAA/MFAA annual costs

Aggregator costs

Credit rep fees
AFCA
Any subscriptions we use in the business (Quickli, Gsuite, Slack & more)

**WE WILL ONLY ACCEPT APPLICATIONS FROM PEOPLE THAT SEND A VIDEO ANSWERINGS THESE QUESTIONS**

1. What are your career goals?

2. What is your greatest professional accomplishment?

3. What are you most proud of?

4. What is a professional challenge you’ve faced, and how did you handle it?

5. What are you not good at or not interested in?

6. How would your previous colleagues describe your work style?

7. What attracts you to this role or company?

8. How do you prioritize multiple tasks under pressure?

9. What would you like to learn or improve in this role?

10. Is there anything else about yourself you think we should know?

Send the video to [email protected]

We can help you hire or we can provide support staff on either a pay per file, part time or full time basis. You will pay for the cost of the support staff however we have excellent systems in place to attract & retain the top talent in the industry. We will chat more about this in the interview as there are multiple options.

NOTES:

  • There is no base pay, this is a commission only structure and you will have to establish a company set up (pty ltd)
  • There is an expectation to write a minimum volume of business. If this is not met within the first year, we may consider retaining employment however ongoing costs will be forwarded to the broker.
  • Due to the high expected volume of applications, your application will be disregarded without the initial video. If you are successful to the next round, we will send you our aptitude test. We will only select 5 or fewer people for the second round.

Requirements

  • Proven experience in mortgage broking
  • Excellent communication and interpersonal skills with a confident phone manner.
  • Strong problem-solving abilities and creative thinking skills.
  • High level of self-discipline and ability to work independently.
  • Proficiency in Microsoft Office and other relevant software applications.
  • Familiarity with the Australian mortgage market and regulations.
  • Passionate about helping clients achieve their financial goals.

Benefits

  • The flexibility of works hours and location
  • Awesome culture and work/life balance while still working on daily challenges
  • Young and exciting business with a like-minded growing team
  • Ability to grow your personal knowledge base and experience
  • You’ll be remunerated well for good work
  • Opportunities for growth and mentorship within the business and industry

Advice from our career coach

As someone interested in the Mortgage/Finance Broker role at Fundd, it's important to showcase your experience and skills in mortgage broking. Here are some tips to help you stand out as an applicant:

  • Highlight your proven experience in mortgage broking to demonstrate your expertise in the field.
  • Showcase your excellent communication and interpersonal skills, especially with a confident phone manner, as these are crucial in building relationships with clients.
  • Emphasize your problem-solving abilities and creative thinking skills to showcase your ability to find tailored financial solutions for clients.
  • Demonstrate your high level of self-discipline and ability to work independently, essential for success in a commission-only structure.
  • Ensure proficiency in Microsoft Office and other relevant software applications to streamline your work processes.
  • Display familiarity with the Australian mortgage market and regulations to show your understanding of the industry landscape.
  • Express your passion for helping clients achieve their financial goals, aligning with the company's ethos of making a positive impact.

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About the job

Nov 5, 2024

Full-time

  1. AU Australia
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