Simulated workplaceCAQA Ledger and Lane Financial is a fictional business created by CAQA for training and assessment. It is not a real company and no person, client or record here is real.About this simulation
FNSCAQA Ledger and LaneSimulated workplace
Simulated workplace
Department

Finance and Mortgage Broking

Helps clients find and secure home, investment, commercial and equipment finance from a panel of lenders. Brokers gather client needs and objectives, verify financial position, complete a preliminary assessment, present options, document the best interests duty and manage applications through to settlement.

Head of Broking11 staff
Home/Departments/Finance and Mortgage Broking
Responsibilities

What the team is accountable for

  • Identify client needs, objectives and financial situation
  • Verify income, expenses, assets and liabilities
  • Complete preliminary assessments and best interests records
  • Prepare and submit loan applications to lenders
  • Manage approvals, conditions and settlement
Performance measures

How we know it is working

82%
Applications approved first submission
96%
Files passing compliance review
14
Average days to unconditional approval
People

Who works here

ST

Sophie Tran

Head of Broking

Sophie leads the broking team, holds the credit representative supervision role and has written residential and commercial loans for fourteen years, six at the firm.

NP

Nisha Patel

Credit Analyst

Nisha verifies client financial position, prepares preliminary assessments and packages applications for the brokers, and has been with the team for four years.