What financial advice providers (FAPs) are looking for
Financial Advice Providers (FAPs) are always in search of motivated and well-prepared mortgage advisers—whether you’re a new graduate or an experienced adviser. FAPs need individuals who can hit the ground running and immediately contribute to their business. They value candidates who:
- Have completed the New Zealand Certificate in Financial Services (Level 5), especially in the Residential Property Lending strand.
- Possess practical skills and are familiar with the mortgage advisory process, from compliance to client relationship management.
- Can meet the regulatory requirements set by the Financial Markets Authority (FMA).
- Are ready to commit to continuous professional development and stay updated with evolving market trends.
Our Training & Bridging Program, can also help new graduates, equipping them with both the practical knowledge and the hands-on experience to meet the expectations of FAPs and start their careers strong.
Gaining Industry Experience
While experience is important, many mortgage advisory firms actively seek out new graduates and provide support to help them gain industry experience. Choosing the right FAP is crucial for developing the skills necessary to thrive in the mortgage advisory world. Here’s why:
- Registering with a Class 2 Licensed FAP: New advisers need a Class 2 Licensed FAP that offers mentoring services to gain the required on-the-job experience while working towards lender accreditation.
- Formal Mentoring Programs: Look for FAPs with structured mentoring programs. These provide you with one-on-one guidance, helping you not only understand compliance and the mortgage advisory process but also grow your business.
- Supportive Environment: FAPs specializing in mentoring offer infrastructure, access to systems, and ongoing support while helping you comply with FMA regulations. This environment is key for new graduates looking to establish themselves in the industry.
With the right FAP, you’ll not only gain experience but also receive mentorship, making the transition from graduate to fully accredited adviser smooth and successful.
Looking for Your First Role or a New Opportunity?
Whether you’re a new graduate looking to step into your first role as a mortgage adviser or an experienced adviser seeking new opportunities, Velis can help.
We have strong relationships with FAPs that are actively hiring both new graduates and experienced professionals. Get in touch with us today, and we’ll help connect you with the right FAP to begin or advance your mortgage advisory career.