The SMP helped develop the scheme, which will run from 12 to 18 months, along with an employer steering group of industry experts supported by CII, the ifs University College and the Chartered Institute of Bankers.
The programme will aunch in October and will be open to people between 16 and 65.
Gary Little, head of operations and membership at the Society of Mortgage Professionals, said: “We need to encourage people into our industry and provide them with the necessary framework to help them build a structured, benchmarked career,” he commented. “This professionally-recognised qualification will assist both existing advisers and attract high calibre candidates to succeed them in the future.
“Created to be easily administered by employers, it’s a fit for purpose, flexible, training programme designed by the sector, for the sector.”