Mortgage expertise in high demand
Banks’ efforts to capture lending market share has led to a surge in demand for mortgage experts, according to a Hays survey.
Candidates with expertise in mortgage sales, credit assessment and lending management are particularly sought after, the quarterly report shows.
Persistent low interest rates and a competitive housing market are behind the trend, Hays Banking director, Jane McNeill, said.
“We are seeing ever increasing demand for Credit Assessors (DLA holders), particularly within the residential and commercial banking space as the big four banks are driving their businesses to complete as many loan applications as possible,” she said.
“There is also huge demand for Lending Managers. There is a major shortage of qualified candidates in the market and the industry relies heavily on candidate movement and interstate relocation.”
She said roles in business development, relationship management and portfolio management are also appearing more frequently.
“This indicates that activity across business, commercial and corporate banking is picking up, resulting in increased lending which in turn is likely to boost the wider economy.”
Recommended for you
Far too few wealth managers are capitalising on the opportunity presented by disruptive technology to deliver personalised investment solutions to the mass affluent demographic, according to PwC.
With over half of advisers using managed accounts, HUB24’s head of managed portfolios has unpacked the benefits driving their usage and how they can be leveraged by advice practices.
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
ASX-listed platforms HUB24, Netwealth, and Praemium have used their AGMs to detail how they are using artificial intelligence to improve their processes and the innovative opportunities it presents.
