Business Development Associate

2 days ago


Thousand Oaks, California, United States Anchor Loans Full time
About Anchor Loans

Anchor Loans is a leading provider of private money lending solutions, dedicated to expanding its lending footprint and serving the needs of its clients.

Job Summary

The Business Development Associate will play a critical role in cultivating relationships with potential investors, borrowers, and real estate professionals, driving business growth and revenue through effective sales and negotiation strategies.

Key Responsibilities
  • Manage daily inbound and outbound call activity, evaluating alignment with Anchor's loan product guidelines.
  • Target 50+ outbound phone calls per day, using data and prospective client contact information to identify potential borrowers and real estate investors.
  • Cultivate strong relationships with clients, real estate agents, and industry professionals to generate business opportunities.
  • Assess loan applications, evaluate collateral, and underwrite hard money loans.
  • Stay informed about real estate market trends and identify opportunities for lending.
  • Ensure adherence to legal and regulatory requirements in the lending process.
  • Effectively negotiate terms and conditions of hard money loans and close deals.
  • Maintain records and provide regular reports on business development activities and outcomes.
Requirements
  • Knowledge of hard money lending and practices, regulations, and industry trends.
  • Strong sales negotiation skills to build and maintain client relationships.
  • A solid understanding of financial analysis, credit evaluation, and risk assessment.
  • 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.
  • The ability to analyze potential lending opportunities and assess risk.
  • 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.
Work Environment

This is a hybrid position requiring in-office reporting to Anchor's Thousand Oaks office on Tuesday, Wednesday, and Thursday. Remote work is optional on Monday and Friday.

Compensation

The base pay range for this position is $66,560/year, plus an annual discretionary bonus based on performance.



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