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Finance Broker

Finance Broker

Find and organise loans and insurance and provide advice to clients.

What's it like to be a Finance Broker?

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

Tasks and duties

  • Gathering information on market conditions, commodity prices and trends and discuss these with clients, taking into account their individual financial circumstances.
  • Liaising with clients to determine their requirements and recommend loans and insurance coverage that meets their needs.
  • Maintaining relationships with banks, insurance companies and lenders to organise loads, finance and insurance for clients.
  • Preparing and lodging relevant documentation.
Financial Brokers are “go-betweens” who typically liaise with banks and credit unions on a client’s behalf to arrange home loans, life cover, income protection, commercial finance, business financial planning, car loans, insurance and investments.
Financial Brokers tend to work for banks, building societies, financial planning organisations and many work for themselves.

What can I earn as a Finance Broker?

The most common salary  for a Finance Broker is between $95k and $110k
Source: SEEK job ads and SEEK Profile data

How to become a Finance Broker

SEEK Learning
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.
  1. 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).
  2. Financial Brokers with experience may wish to specialise and become a Commodities Trader, Financial Market Broker or Investment Banker.

Explore financial qualifications

Find a course that will prepare you to work in the financial broking sector.

Duration 6 mths - 1.5 yrs
4 institutions offering this qualification
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Duration 6 mths - 2 yrs
2 institutions offering this qualification
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Duration 3 yrs - 6 yrs
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Source: SEEK job ads and SEEK Profile data

What are the job opportunities for Finance Brokers?

Find out how the job market is trending

Job opportunities

Finance Broker jobs on SEEK
Source: SEEK

Projected job growth

National increase over next 5 years
19.7%
2018
2023
Source: LMIP. Financial Brokers
Latest Finance Broker jobs on SEEK
Private Advertiser
Northern QLD
Finance King is a finance brokerage firm established across QLD & NT.
Sinclair Recruitment Pty Ltd
Gold Coast
Wanting to break away from a traditional automotive dealership and gain your weekends back? Monday to Friday position, highly lucrative bonuses!
Bellevue Capital Financial Services
Sydney > North Shore & Northern Beaches
We are looking for an experienced and well spoken Mortgage Broker/ Loan Writer to join our lending team
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Stratton Finance
Perth > Northern Suburbs & Joondalup
An excellent opportunity exists for an experienced, driven broker with the ability to work autonomously and an ambition to grow their own portfolio.
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Source: SEEK job ads and SEEK Profile data

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Source: SEEK job ads and SEEK Profile data

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