The mortgage brokerage has brought Tim McKenzie on board in a new role to help drive network growth.
Former AFG business development manager Tim McKenzie has joined mortgage brokerage Loan Market in the new role of NSW partnerships manager.
Loan Market has recruited Mr McKenzie to help drive network growth across its traditional and newly launched bring your own brand (BYOB) models.
Loan Market executive director, growth, Andrea McNaughton welcomed Mr McKenzie to the expanded corporate team this week.
“Tim has worked closely with brokers to help them pursue and realise their business operations,” Ms McNaughton said.
“He also realises how much time the right technology can save brokers and their clients.
“He has a strong understanding of the modern challenges and opportunities in broking, and he’s excited to introduce the unique Loan Market and BYOB models to brokers who want cutting-edge tech and first-rate compliance support.”
Mr McKenzie had a multifaceted role at AFG, where he was responsible for recruitment across two states and also managed the business development and coaching for a portfolio of 200 brokers.
Commenting on his appointment, Mr McKenzie said the opportunities Loan Market saw in the future of the broker sector appealed to him.
“I think a lot of the optimism that’s coming out of Loan Market is a reflection of its family-owned culture and award-winning tech platform that helps brokers save time on every deal,” Mr McKenzie said.
“Loan Market has opened up a wider array of solutions for brokers to build their businesses and arm them with automated marketing solutions and compliance-focused tech to keep them safe.”
Mr McKenzie also said brokers will increasingly scrutinise the value and support they receive from their aggregators in 2020 in the face of change, including digitisation, the government’s broker remuneration review in 2022 and increasing compliance issues.
“Brokers are looking to secure their future amidst all this change, and I think Loan Market’s offering does that, and the addition of the BYOB model adds a new dimension, complementing their already strong branded offering,” he said.
[Related: Millions of AFG shares offloaded by founders]
Malavika Santhebennur is the features editor on the mortgages titles at Momentum Media.
Before joining the team in 2019, Malavika held roles with Money Management and Benchmark Media. She has been writing about financial services for the past six years.
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