Business Development Associate
6 hours ago
Anchor Loans LP is seeking a highly motivated and experienced Business Development Associate to join our team. As a Business Development Associate, you will be responsible for cultivating relationships with potential investors, borrowers, and real estate professionals in the context of private money lending.
Key Responsibilities- Develop and maintain relationships with clients, real estate agents, and other 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
- 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
- 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
- Bachelor's Degree in finance, business or economics preferred
This is a hybrid position which requires in office reporting to Anchor's Thousand Oaks office on Tuesday, Wednesday, Thursday. Remote work is optional Monday and Friday.
CompensationThe base pay range for this position is $66,560/year, plus annual discretionary bonus based on performance of the individual and company.
Benefits- Medical, Dental, Vision, Life, AD&D insurance
- Vacation and sick leave
- 401k plan with employer match
- Onsite gym (Thousand Oaks office)
- 12 paid holidays annually
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