Finding a Finance and Mortgage Broking Mentor

Mentoring plays a crucial role in professional growth and development. For those seeking guidance in the finance and mortgage broking industry, finding the right mentor can make all the difference.

What is the FBAA Approved Mentor List?

The FBAA Approved Mentor List is a valuable resource and starting point designed to connect aspiring professionals with experienced mentors who can provide expert advice and support.

The FBAA Approved Mentor List is a curated directory of mentors who have been vetted and endorsed by the Finance Brokers Association of Australia (FBAA). These mentors have demonstrated a high level of expertise, professionalism, and commitment to helping others succeed in the mortgage broking industry.

Being on this list means a mentor has met specific criteria set by the FBAA, including:

• Extensive industry experience

• Proven track record of success

• Commitment to ethical practices

• Ability to provide constructive and practical guidance

  
  

This list serves as a trusted starting point for individuals looking to find a mentor who can help them navigate the complexities of the finance and mortgage broking sector. It simplifies the process by offering a selection of mentors who have been thoroughly evaluated across the following areas.

• Credibility: Mentors on the list have been vetted by a reputable industry body.

• Quality Assurance: The FBAA ensures mentors meet high standards.

• Networking Opportunities: Access to a network of experienced professionals.

• Tailored Support: Mentors understand the specific challenges of the mortgage broking industry.

Choosing the Right Mentor

Simply having access to the list is not enough. To get the most out of the FBAA Approved Mentor List, consider the following steps:

1. Identify Your Goals  

   Before reaching out to a mentor, clarify what you want to achieve. Are you looking to improve your sales skills, understand compliance better, or expand your professional network?

   
   

2. Research Mentors  

   Review the profiles of mentors on the list to find those whose expertise aligns with your goals. Look for mentors with experience in your area of interest.

   
   

3. Make Contact Professionally  

   When reaching out, introduce yourself clearly and explain why you are seeking mentorship. Be respectful of their time and express your commitment to learning.

   
   

4. Set Clear Expectations  

   Discuss how often you will meet, preferred communication methods, and what you hope to accomplish together.

   
   

5. Be Open and Receptive  

   Listen carefully to feedback and be willing to adapt. Mentoring is a two-way process that requires active participation.

   
   

Choosing the right mentor is essential for career advancement, but it can be challenging to identify someone knowledgeable, trustworthy and dedicated to the role.

Effective mentoring is built on three fundamental principles often referred to as the 3 C's. Seeking and checking for these three areas can assist in your choice.

1. Connection

   Establishing a strong, trusting relationship between mentor and mentee is the foundation of successful mentoring. This connection encourages open communication and mutual respect.

   
   

2. Challenge

   A good mentor challenges their mentee to think critically, step outside their comfort zone, and develop new skills. This helps mentees grow professionally and personally.

   
   

3. Commitment

   Both parties must be committed to the mentoring process. This includes regular meetings, goal setting, and follow-through on agreed actions.

   
   

What is the FBAA Mentoring Program?

The FBAA Approved Mentor list is closely aligned with the FBAA Mentoring Program, providing new-to-industry brokers with access to experienced professionals who can actively support their development. Delivered with the support of elevateB trainers, the program provides a structured, industry-relevant learning framework that underpins the mentoring relationship. This approach ensures mentees receive consistent guidance while mentors have visibility of progress through the program modules, enabling more focused, meaningful mentoring conversations aligned to each stage of the mentee’s learning journey.

As a co-author of the FBAA Mentoring Program and a FBAA Approved Mentor, Phil Dempsey offers mentees a unique and highly valuable mentoring experience. Having led the development of the program, Phil brings an unmatched understanding of both the technical content and the practical application required to succeed in mortgage broking. With more than 35 years of industry experience and a strong background in training and professional development, Phil can step in at the right moments to simplify complex concepts, share real-world strategies, and provide practical guidance that accelerates learning. For mentees seeking a mentor who combines deep industry knowledge with direct insight into the program itself, Phil represents a standout choice to support their transition into a confident and capable broker.

Next Steps

Mentoring is a powerful tool for professional growth, and the FBAA Approved Mentor List and the FBAA Mentoring Program are excellent resources to secure the right guidance. Whether you are just starting or looking to advance your career, leveraging these resources can provide the support and knowledge you need to thrive in the finance and mortgage broking industry.

If you see benefit in combining these two powerful resources to build a productive mentoring relationship that supports your long-term success. Reach out to Phil Dempsey - 0412 586 653 or philip@elevateb.com.au.