Business Development Executive
4 weeks ago
Business Development Executive - Wholesale Sales
Job Summary:We are seeking a highly motivated and experienced Business Development Executive to join our team. The successful candidate will be responsible for generating new relationships with Correspondent Lenders and Mortgage Brokers who are currently originating reverse mortgage products or are interested in doing so.
Key Responsibilities:- Identify high opportunity forward and reverse prospects and convert them into producing clients, positioning PHH as their partner of choice.
- Execute strategic sales strategies to understand clients needs, competitor offerings and deliver the enterprise product set as a solution to grow wallet share by client.
- Develop and execute annual business plan in conjunction with VP, Reverse Mortgage TPO Originations.
- Serve as the primary point of contact for the reverse mortgage program with internal forward mortgage Correspondent Lending team to build product knowledge, support/drive sales engagement and convert clients from lead to active client.
- At least 50% external travel to represent the firm at industry tradeshows and conferences at local, state, regional and national levels.
- Partners with teammates in Operations, Risk, and other areas to ensure that risk, efficiency, and recourse objectives are addressed and resolved.
- Utilize Salesforce CRM to maintain accurate records of all sales and prospecting activities including sales calls, presentations, closed sales, and follow-up activities within their assigned territory to maximize territory potential and visibility.
- Adheres to all company policies, procedures and business ethics codes.
- Maintain contact with all clients in the market area to ensure high levels of Client Satisfaction.
- Degree from a four year accredited university preferred.
- Existing expertise with Reverse Mortgage Originations preferred.
- Strong sales strategy acumen with ability to develop and execute against business development and sales plans.
- Ideal candidate will have 10+ years of experience in the mortgage industry or related financial services with 7+ years of outside sales experience.
- Proven business development success prospecting and building new markets and client bases.
- Proven ability to develop positive influential working relationships with clients and teammates across the company.
- Ability to develop positive influential working relationships with clients and teammates across the company.
- Willingness to travel and work in a national team of professionals.
- Ability to build trust, value others, communicate effectively, drive execution, foster innovation, focus on the client, collaborate with others, solve problems creatively and demonstrate high integrity.
- Proven ability to achieve and exceed sales objectives.
- Must be able to identify and assess changes in client's business strategy, market penetration and financial stability to recognize business opportunities and potential risk issues.
- Proficient in Microsoft Office (Word, Excel, PowerPoint and Outlook).
Onity Group Inc. is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage.
Liberty, the reverse lending division of PHH Mortgage, is one of the largest and most experienced reverse mortgage lenders in the U.S. We deliver education, home equity solutions, and personal care to senior homeowners and mortgage partners. Liberty provides reverse mortgage solutions including Home Equity Conversion Mortgages (HECM) and proprietary reverse mortgage loans to retail consumers, wholesale and correspondent partners.
At Onity Group Inc., we consistently deliver on our commitments to customers, clients, investors and colleagues through caring service, integrity and creative solutions. This Service Excellence philosophy is embraced by meeting service standards we call CARE, which stands for Caring, Accurate, Responsive and Empowered. We expect all employees to interact and engage our colleagues and our customers with respect, courtesy and professionalism, and to achieve results consistent with our CARE standards.
Onity Group Inc. is intensely focused on hiring, developing and retaining the best talent in the industry Our commitment to Diversity, Equity & Inclusion ensures that we sustain our reputation as an outstanding place to work, a great business partner and a valued community member. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know.
Onity Group Inc. offers a comprehensive benefits package including medical, dental and vision; up to 3% match on 401(k) contributions; generous paid time off; company-paid life, accident and disability coverage; programs for mental, physical and financial wellness; and more. Visit for details.
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