Career progression for mortgage adviser

[redrobininmygarden]

I have secured mortgage advisor job with major bank. I am newly qualified. I am earning 32k.I love the job, I want to progress further in few years time. I can go into management but I am not sure about that. Has anyone worked in the bank and developed different route which will pay more etc?

I was a mortgage advisor for a bank. I then went into protection quality assurance (listening to life insurance sells and ensuring they did everything correctly).

I then moved across to quality assurance of mortgage managers.

I now work as an intermediary monitoring manager so ensuring brokers who sell mortgages for the bank I work for are doing their job properly basically. I earn £62k a year and I’m near the bottom of the pay scale.

What qualifications did you both originally get?

@April88 Well done to you, this us really good salary.I did think about risk etc. Did you have to do any specific courses etc for quality assurance?

not us .. is **

CEMAP

Yes Cemap qualification to be a mortgage advisor. I’ve done a few other qualifications since, but they weren’t needed for the job, just work we’re willing to pay for them alongside my job.

No, didn’t need to do any courses in risk, I just applied and got it. It was only a small promotion initially from
Mortgage advisor to the protection job. Most banks have a large team who will do mortgage quality assurance such as files checks etc so it would be a natural progression to go into something like that.

@April88 I see, i will look into it. I was looking at CeCER but not sure whether that will make any difference.

CeRER*

I’m trying to remember what I’ve done now. I think I did R01 and CF6 which then with my CeMAP meant I was level 4 mortgage qualified. I think I’ve done the protection cii one as well R05.

I think the equivalent is the CeMAP diploma. I went down the cii route as I wanted to do the protection exam then it made sense to do the additional ones for the level 4 mortgage qualification.

I don’t think they’re necessary though. But if your employer offers to pay, you may as well.

@April88 I am not sure about level 4 whether my employer offers or not. But It will not anything specific to my qualification. I look look into protection side of it though