Mortgage broker franchise group MoneyQuest has launched a two-year graduate program for tertiary degree holders to expedite their mortgage broking careers after the pandemic has affected employment rates in the past 18 months.
Applicants must have recently completed an undergraduate course at a recognised educational institution to be eligible for the program. Once accepted, they will undergo a job rotation, on-the-job experience, professional development sessions, networking opportunities, and mentorship.
Another key element of the program is a paid study leave for graduates to complete a Certificate IV in Finance and Mortgage Broking and a Diploma of Finance and Mortgage Broking Management.
After a 12-month probationary period, successful applicants will be employed by one of MoneyQuest’s 100 franchise owners.
Last week, MoneyQuest franchise owners Scott Seng and Matthew Chik welcomed Henry Nguyen, a recent graduate of the University of Melbourne, to the business. This marked the first participation in the program.
“We were specifically looking for someone with little to no industry experience or existing habits, that we could train from scratch and shape into the finance specialist our business needs,” Seng said. “We were keen to hire someone with drive and a willingness to commit time and energy to the business, and Henry ticks all those boxes.”
Michael Russell, managing director at MoneyQuest, said that the program will provide “a wealth of benefits” for both graduates and franchise owners.
“With many companies currently taking on less graduates as a result of COVID-19, it is heartening to know that we are now able to provide bright young graduates with a clear pathway into our industry,” Russell said. “Our program not only provides graduates with an opportunity to learn from some of the industry’s best brokers, but it also facilitates the recruitment and retention of quality people within our franchise network.”