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    Business Development Associate - Thousand Oaks, United States - Anchor Loans

    Anchor Loans
    Anchor Loans Thousand Oaks, United States

    1 week ago

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    Description
    Anchor Loans is the premier direct private money lender. Since 1998, Anchor has provided qualified developers and borrowers with quick bridge financing for non-owner occupied properties. With headquarters in greater Los Angeles and a nationwide network, Anchor continues to expand into new markets.

    Position Summary


    The Business Development Associate is responsible for cultivating relationships with potential investors, borrowers, and real estate professionals in the context of private money lending.

    This role requires strong communication skills, a deep understanding of real estate financing, and the ability to thrive in a competitive and dynamic lending environment.

    This role is NOT REMOTE and the ideal candidate will need to be able to work in the Thousand Oaks area of California.


    Essential Duties & Responsibilities:


    Daily inbound and outbound call activity - responsible for managing inbound calls, and screen for quality and alignment of company loan product guidelines.

    Target 50 plus outbound phone calls per day, using data, and prospective client contact information to evaluate alignment with Anchor's target borrowers
    Through consistent evaluating of call scripts, work with manager to refine and design call strategies, and scripts to perfect call conversion

    Client Acquisition:
    Identifying and prospecting potential borrowers and real estate investors in need of short-term, high interest loans

    Relationship Building:
    Cultivating strong relationships with clients, real estate agents, and other industry professionals to generate business opportunities

    Loan Origination:
    Assessing loan applications, evaluating collateral, and underwriting hard money loans

    Market Research:
    Staying informed about real estate market trends and identifying opportunities for lending

    Compliance:
    Ensuring adherence to legal and regulatory requirements in the lending process

    Sales and Negotiation:
    Effectively negotiating terms and conditions of hard money loans and closing deals

    Reporting:
    Maintaining records and providing regular reports on business development activities and outcomes

    Customer Service:
    Providing excellent customer service to clients, addressing their needs, and addressing any concerns

    Team Collaboration:
    Working closely with underwriters, loan processors, and other team members to facilitate the loan process

    Target Achievement:
    Meeting or exceeding sales targets and revenue goals set by the company

    Continual Learning:
    Staying updated on changes in lending practices and regulations
    Ability to work in offfice in Thousand Oaks, California

    Desired Skills and Qualifications:
    Bachelor's Degree in finance, business or economics preferred
    Knowledge of hard money lending and practices, regulations and industry trends
    Strong sales negotiation skills are essential for building and maintaining client relationships
    A solid understanding of financial analysis, credit evaluation, and risk assessment is important
    Effective networking and relationship-building skills to connect with potential borrowers, brokers, and real estate professionals
    Excellent verbal and written communication skills to convey complex financial information to clients and colleagues
    The ability to analyze potential lending opportunities and assess risk is vital
    Stay updated on market conditions, real estate trends, and the competition
    Knowledge of relevant lending regulations and the ability to ensure all transactions are compliant
    Strong problem solving skills to navigate complex lending scenarios
    Collaborative skills to work with underwriters, legal teams and other stakeholders in the lending process
    Effective time management and organizational skills to manage client relationships and lending opportunities simultaneously
    Proficiency in using CRM platforms such as Salesforce
    High ethical standards and integrity when dealing with clients and financial transactions

    Benefits:
    The values of our employees reflect those of the company as a whole. If you embrace teamwork, innovation, and accountability you'll feel right at home. Our mission is to create opportunities for success by improving homes and communities.

    We set up our team members for success by offering a competitive benefits package that includes:

    Comprehensive health insurance options including Medical, Dental, Vision, Basic Life/AD&D insurance
    Generous sick leave & vacation benefits for rest, relaxation, and personal pursuits
    Highly competitive performance bonus
    401(k) retirement program with employer match
    Tuition reimbursement toward professional development
    Workplace Celebrations, Team Building, Charity Drives, and Food Truck luncheons
    Wellness activities and onsite gym
    12 Paid Holidays


    Education:
    College Degree, preferred.

    Anchor Loans, LP is subject to the California Consumer Privacy Act of 2018 ("CCPA"). A copy of Anchor's California Privacy Policy can be found at
    #J-18808-Ljbffr


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