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Finance Broker

Clerical and Administrative WorkersUsually a diploma or similar, or several years of experience

What the work is

Operates as an intermediary to perform finance negotiations, and arranges loans of money on behalf of clients.

Would you enjoy the work?

These are the main tasks in the official description. Mark how each one sounds to you.

  • Brokers complex and commercial leases, equipment finance, commercial finance, project finance and finance for property developers
  • Arranges home loan mortgages, car and personal loans, debtor finance, refinancing and other types of finance for clients through banks, lenders, financiers and insurance companies
  • Assists with the application process and negotiates with lenders on behalf of clients
  • Determines the specific financial requirements of clients, and researches and reviews available finance products for suitability to meet clients' requirements
  • Analyses clients' financial status, discusses financial options and develops financial strategies
  • Prepares documents that set out the conditions of finance, repayments and loan periods

Try it

A simulation and a case study from this kind of work, set in a small broking office that arranges home loans and business insurance. They are fictional.

The kind of days you could have

Good days

  • A client finds a better deal because you searched the whole market
  • A small business owner thanks you for spotting a gap in their cover
  • A negotiation with a lender goes your client's way

Hard days

  • A client wants something you are not sure is right for them
  • A form is almost done and one missing detail stalls the whole thing
  • Explaining a long and boring document to someone who just wants a yes

Written by Career Calling as a general guide. Real roles vary by employer and place.

Work a mission

Step into a simulated workplace in this field, with a brief from your manager.

Description and tasks: Australian Bureau of Statistics, Occupation Standard Classification for Australia, 2024, Version 1.0 (opens another site), occupation 531333, used under a Creative Commons Attribution 4.0 licence. The skill guide above is our plain English summary.