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Job: Agent Representative

Active since 27-08-2018 Job category Administration: Finance
Location Global Level Manager
Educational level GCSE / A-Level / Highscho... Employment type Working at home
Hours 4 - 6 Salary Commission
Agent Representative Management & Commission Agreement

Entry Level Management:

All new and or non-experienced Agent Representatives will start at our entry level management position as an Introducing Agent (this is our entry level for all agents who are establishing a client database) unless qualified to provide structured private transactions.

Commissions Referral Structure:

All commissions due and payable as a result of the contributions of the Parties to this Agreement shall be allocated and distributed to the respective Parties, as mutually agreed.

A. Introducing Agent – will receive .50% to 2.5% or at the discretion of the company for special purpose funding vehicles that require project finance, private placements and or managed buy sells.

B. Introducing Agent – will receive 5% of the leverage credit line. The leverage credit line compensates our Managing Agents fairly who assists clients with their collateral – with 5% of the total fees on every transaction you refer.

C. Managing Agent – will receive 1% to 5% or at the discretion of the company for special purpose funding vehicles that require project finance, private placements and or managed buy sells.

D. Managing Agent – will receive 10% of the leverage credit line. The leverage credit line compensates our Managing Agents fairly who assists clients with their collateral – with 10% of the total fees on every transaction you refer.

 

Stock Leverage Credit Line Commission Structure

We compensate our affiliated agents well, with 1/3rd on every transaction you refer.

Here is an example of earnings on a $1 million portfolio at 75%, 80%, and 85% loan-to-value (all figures assume 2% in origination fees):

Equities Portfolio size: $1 million Credit Line; LTV: 75%; Total line offered: $750,000; total fees @ 2%: $15,000; F.I.C.A. Earnings @23%: $3,450

Equities Portfolio size: $1 million Credit Line; LTV: 75%; Total line offered: $750,000; total fees @ 2%: $15,000; Managing Agent Earnings @10%: $1,500

Bonds Portfolio size: $1 million Credit Line; LTV: 80%; Total line offered: $800,000; total fees @ 2%: $16,000; F.I.C.A. Earnings @23%: $3,680

Bonds Portfolio size: $1 million Credit Line; LTV: 80%; Total line offered: $800,000; total fees @ 2%: $16,000; Managing Agent Earnings @10%: $1,600

Mixed Bonds, Equities, Mutual Funds Portfolio size: $1 million Credit Line; LTV: 85%; Total line offered: $850,000; total fees @ 2%: $17,000; F.I.C.A. Earnings @23%: $3,910

Mixed Bonds, Equities, Mutual Funds Portfolio size: $1 million Credit Line; LTV: 85%; Total line offered: $850,000; total fees @ 2%: $17,000; F.I.C.A. Earnings @10%: $1,700

TOTAL EARNINGS for Referring 3 Transactions: F.I.C.A. Earnings $11,040

TOTAL EARNINGS for Referring 3 Transactions: Managing Agent Earnings $4,800

(The above are for illustration only; actual payouts may be higher depending on a variety of conditions. Agents always have input in determining origination fees).

Monetary Damages: In the event of circumvention by any of the Parties, whether direct or indirect, the circumvented Party shall be entitled to monetary compensation equal to the maximum fees such Party would have realized from the disputed transaction, plus any and all expenses incurred, including legal fees.

Term: This agreement is valid for five (5) years from the date of signature for any and all transactions between the Parties herein, with renewal thereafter to be agreed upon between the Parties.

Governing Law: This Agreement shall be interpreted in all respects in accordance with the laws of the State of Florida.

Arbitration: Any disputes arising out of this Agreement which are not settled between the Parties shall be settled by arbitration in accordance with the rules of the International Chamber of Commerce. The arbitration award shall be final and binding on the Parties and shall be enforceable in any court of law.

Successors, Assigns: This Agreement shall be binding on the Parties hereto, their respective heirs, administrators, and executors, successors and assigns.

Counterparts, Electronic Transmission: This agreement may be signed in one or more counterparts. Electronically transmitted copies of this Agreement shall be considered legal and binding.

THIS AGREEMENT contains the entire understanding between the Parties and any waiver, amendment, or modification to THIS AGREEMENT will be subject to the above conditions and must be attached hereto.

By applying, you have agreed to the terms of commission and understand that you are paid based on performance.

More information
This listing is a full-time job

Job category Administration: Finance
Industry / Industries Financial Services
Region United States
Keywords Global Management Funding

Contact information

Name Financial International Connections Association, LLC

Location

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