At a Glance
- Tasks: Manage mortgage applications and source suitable lenders for clients.
- Company: Join a thriving Master Broker in Watford with excellent growth opportunities.
- Benefits: Enjoy a competitive salary, private healthcare, and 25 days annual leave plus bank holidays.
- Why this job: Elevate your career in commercial lending with all leads provided and high earning potential.
- Qualifications: Prior experience in commercial loan advice and strong client relationship management skills required.
- Other info: Work Monday to Friday, with social events and refreshments included.
The predicted salary is between 24000 - 40000 £ per year.
Location: Watford
Salary: Up to £40,000 basic salary, realistic OTE £60,000 - £70,000
Hours: Monday to Friday 9 am to 5.30 pm
Benefits:
- Contributory Pension scheme
- Private Medical Healthcare
- Life Assurance
- Dental Plan
- Free eye tests
- Annual leave purchase scheme
- Social events
- Refreshments
- 25 days annual leave with bank and public holidays on top
- Perk box
- Superb development opportunities
About the position of Commercial Loan Broker:
Are you ready to elevate your career in commercial mortgage lending? Join our client as a Commercial Loan Broker and be part of a thriving Master Broker in Watford, where you will have all leads provided and the ability to maximise your earning potential.
Responsibilities for the role of Commercial Loan Broker:
- Oversee and manage mortgage applications, ensuring adherence to SLAs.
- Identify and source suitable lenders for clients, maintaining proactive communication throughout the lending process.
- Collaborate with brokers, borrowers, lenders, valuers, and solicitors to facilitate smooth transactions.
- Maintain detailed and accurate records on all applications and communications.
- Adhere to company procedures and regulatory policies to ensure compliance.
Experience and skills required for the role of Commercial Loan Broker:
- Prior experience giving commercial loan advice, with a proven track record of success is essential.
- Demonstrate the ability to manage client relationships effectively, ensuring high levels of customer satisfaction.
- Ability to manage a caseload efficiently.
- Strong analytical and problem-solving ability to identify the most suitable lenders for clients.
For more information regarding the role of Commercial Loan Broker please get in touch.
Commercial Loan Broker employer: Stellar Select Limited
Contact Detail:
Stellar Select Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Loan Broker
✨Tip Number 1
Familiarise yourself with the commercial lending landscape. Understanding the different types of loans and lenders will help you speak confidently about your expertise during interviews.
✨Tip Number 2
Network with professionals in the finance and mortgage industry. Attend local events or join online forums to connect with others who can provide insights or even referrals for the role.
✨Tip Number 3
Prepare to discuss specific case studies or examples from your previous experience. Highlighting your success in managing client relationships and closing deals will demonstrate your capability.
✨Tip Number 4
Research the company thoroughly. Knowing their values, culture, and recent achievements will allow you to tailor your conversation and show genuine interest during the interview process.
We think you need these skills to ace Commercial Loan Broker
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in commercial loan advice and client relationship management. Use specific examples to demonstrate your success in previous roles.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your understanding of the mortgage lending process and how your skills align with the responsibilities outlined in the job description.
Highlight Compliance Knowledge: Since adherence to regulatory policies is crucial, emphasise any experience you have with compliance in your application. This could include training or specific instances where you ensured compliance in past roles.
Showcase Problem-Solving Skills: In your application, provide examples of how you've effectively managed caseloads and solved problems in previous positions. This will demonstrate your analytical abilities and suitability for the role.
How to prepare for a job interview at Stellar Select Limited
✨Know Your Numbers
As a Commercial Loan Broker, you'll need to demonstrate your understanding of financial metrics and lending criteria. Brush up on key figures related to commercial loans, interest rates, and market trends to impress your interviewers.
✨Showcase Your Experience
Be prepared to discuss your previous experience in giving commercial loan advice. Highlight specific cases where you successfully managed client relationships and achieved high levels of customer satisfaction.
✨Demonstrate Problem-Solving Skills
Expect questions that assess your analytical abilities. Prepare examples of how you've identified suitable lenders for clients and navigated challenges in the lending process, showcasing your problem-solving skills.
✨Understand Compliance and Regulations
Familiarise yourself with the regulatory policies and procedures relevant to commercial lending. Being able to discuss compliance will show that you take the role seriously and understand the importance of adhering to industry standards.