At a Glance
- Tasks: Become a Whole of Market Mortgage Broker and manage mortgage enquiries remotely.
- Company: Echo Finance, a leading mortgage and protection firm with a supportive culture.
- Benefits: Earn up to 80% commission, work remotely, and receive extensive training.
- Other info: Enjoy self-employed status with potential earnings of £50k+ in your first year.
- Why this job: Join a dynamic team and grow your own business with expert guidance.
- Qualifications: Must have CeMAP qualification and at least 12 months mortgage advising experience.
The predicted salary is between 30000 - 50000 £ per year.
Are you a mortgage advisor? Are you currently single tied to a bank or building society? Do you want to become a Whole of Market Mortgage Broker and do you want mortgage enquiries provided to you, for free? If so, we want to speak to you!
Location: Nationwide - You can live & work remotely from anywhere in the UK. You can either advise over the phone or video call, whichever you prefer.
Who is Echo Finance? We are a Directly Authorised, Nationwide, Whole of Market Mortgage & Protection firm based in Mirfield, West Yorkshire and have been trading since 2012.
Remuneration
- Leads provided by us = Up to 40% of all completed income per case
- Self-generated leads = Up to 80% of all completed income per case
- Appointments provided by us = Up to 35% of all completed income per case
Why work with us?
- No Network Fees and market leading commission terms
- Quick setup and onboarding process
- We own LeadCrowd.com - One of the largest online lead generation businesses in the UK, generating hundreds of mortgage enquiries every day
- We own MoneyHelpdesk.com - Online money advice
- We own Echo CRM - Our custom built mortgage CRM system, built by mortgage brokers for mortgage brokers
- We are directly authorised and on panel with all lenders, including those some brokers are not on panel with such as HSBC, Clydesdale etc
- We can supply you with up to 50 free leads per month
- Discounted leads from LeadCrowd.com if you wish to self-generate your own leads
- We build you your own website to self-generate leads
- Constant development with excellent training & support provided
What you must have
- Full CeMAP or equivalent qualification
- Current mortgage advising experience
- At least 12 month’s mortgage advising experience. Experience does NOT have to be Whole of Market experience. We will train you to become a Whole of Market advisor.
- Ability to work remotely
- A real desire to grow your own business, with our guidance
- Excellent communication and interpersonal skills
Rewards
- Self-employed status with remote working
- Realistic and provable earnings of £50k in year one and £100k+ from year two onwards
- Income derived from Broker fees, Procuration fees, Protection income (all indemnity), Solicitor Referral fees, Will Referral fees & Intercompany referrals. All with NO network deductions
Trainee Mortgage Broker employer: Echo Finance
Echo Finance is an exceptional employer for Mortgage & Protection Brokers, offering the flexibility of remote work across the UK while providing daily leads and uncapped earning potential. Our supportive culture fosters independence and growth, allowing you to manage your own pipeline with the backing of a directly authorised, nationwide firm that prioritises high-quality enquiries and professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Trainee Mortgage Broker
✨Tap into University Career Services
If you're a student or recent grad eyeing a trainee role in banking or financial services, your university career services are your secret weapon. They often have connections with firms, and can guide you to exclusive openings that aren't advertised widely, so make sure to get in touch!
✨Get Involved in Finance Societies
Joining finance-related societies or clubs at your university can seriously up your game. They often host networking events, guest speaker sessions, and workshops that can connect you directly with industry professionals and potential employers.
✨Show Your Passion Through Projects
Try working on finance-related projects or internships, even if they're unpaid. It shows your commitment and gives you something to discuss in interviews. Plus, if you've got a blog or a portfolio detailing your findings on market trends, that can really impress recruiters!
✨Use Our Website to Find Opportunities
We at StudySmarter recommend that you regularly check our website for trainee opportunities at leading companies like Echo Finance. They often post openings directly there, so don't miss out on the chance to apply and show what you've got!
We think you need these skills to ace Trainee Mortgage Broker
Some tips for your application 🫡
Show your numbers!:In banking and financial services, we love a bit of quantification. Be sure to highlight any relevant coursework, grades, or projects that showcase your analytical skills. If you've tackled math-heavy subjects or have experience with financial modelling, let that shine on your CV!
Tailor your application to finance:Don't just copy and paste a generic cover letter; weave in your passion for finance and share any relevant experiences or internships, no matter how small. Writing about your motivations and learning potential in relation to the role will help us see you fit in at Echo Finance.
Certifications can set you apart:If you've got any finance-related certifications (think CFA Level 1, ACCA, or even online courses), make sure to include them! They show initiative and a commitment to your career in banking, which we really appreciate.
Proofread with a fine-tooth comb:In finance, attention to detail is crucial! Spam your application with typos or poor formatting, and we may flag you as 'not detail-oriented'. So, let’s double-check everything. A clear structure in your CV and cover letter will also help your application stand out. Remember, apply through our website!
How to prepare for a job interview at Echo Finance
✨Brush Up on Your Financial Knowledge
Make sure you’re comfortable with financial concepts and terminology. The interview may dive into areas like risk assessment or investment strategies, so revisiting some core principles and current trends in the banking sector will really help us stand out at Echo Finance.
✨Prepare for Case Studies
Expect to encounter case studies or hypothetical financial scenarios where you’ll need to demonstrate your analytical skills. Practising with examples can help us articulate our thought process clearly and show how we approach problem-solving specific to the banking and financial services sector.
✨Highlight Your Learning Agility
As a trainee, they’re looking for potential over experience. We should emphasise our willingness to learn and adapt. Be ready to discuss how we’ve taken on challenges in the past, showcasing our growth mindset and eagerness to dive into the banking world with both feet.
✨Showcase Your Interest in the Industry
Let your passion for banking shine through! Discuss any relevant coursework, internships, or even personal finance projects you’ve explored. This not only demonstrates our knowledge but also our genuine enthusiasm for a career in banking at Echo Finance.
