Compliance, professional development and training platform GO1 has announced the launch of a scholarship program exclusively tailored to finance brokers.
The GO1 Broker Academy Scholarship Program is part of Westpac’s Broker Academy, which was launched last month.
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The program is designed to provide brokers with a scalable online solution with access to a suite of learning pathways, content and courses from across the industry.
The program also seeks to cover everything from compliance, sales and marketing, through to contract law negotiation and hard and soft skills training.
In addition to formal Continuing Professional Development (CPD) with attainable points accepted by the key industry bodies, it also includes access to Certificate IV modules and tertiary education through a diploma of financial services.
GO1 has partnered with the Institute of Strategic Management, in conjunction with the Commercial & Asset Finance Brokers Association of Australia (CAFBA) to deliver the courses.
“The GO1 Broker Academy Scholarship Program is our bid to help brokers overcome the challenges they face in the commercial and asset finance industry, and presents an opportunity for them to upskill,” GO1 co-founder Vu Tran said.
“We’ve partnered with the best minds in the industry in the Institute of Strategic Management and CAFBA to ensure that the scholarship program and courses are relevant, timely and has a positive impact for brokers.
“This is a unique and much-needed program for the broker community, and we thank our partners, especially the Westpac Group, for joining us on this journey.”
The GO1 Broker Academy Scholarship Program has eight scholarships on offer:
- Three CertIV and a Diploma of Financial Services scholarships
- Four Diploma of Financial Services scholarships
According to GO1.com, the CertIV in Financial Services course covers:
- The key features and benefits of products that help the client achieve their capital and investment goals
- The skills required to educate and inform your clients to meet their needs
- The tools used by the credit underwriters
- How to analyse the statement of financial performance and financial position
- How to build a customer relationship program
- How to develop relationships with key strategic partners
Further, the Diploma of Financial Services course will cover:
- Sales management
- Business planning and budgeting
- Managing people for performance
- Process improvement ‘Kaizen’
- Setting out a credit submission (credit memorandum)
Submissions for the scholarship close on 30 November 2019.
[Related: Westpac launches major new broker education platform]