Analysis Skills, Brokerage, Business Development, Business Plan, Calendar Management, Channel Strategies, Communication Skills, Community Relations, Consumer Loans, Customer Relationship Management (CRM), Customer Support/Service, Database Administration, Detail Oriented, Event Management, File Maintenance, Follow Through, Lead Generation, Loan Closing, Loan Origination, Loans, Marketing, Microsoft Office, Microsoft Outlook, Mortgage, Mortgage Lending, Multitasking, Organizational Skills, Presentation/Verbal Skills, Problem Solving Skills, Real Estate Sales, Team Player, Time Management, Writing Skills
Rate is one of the nation's top retail mortgage lenders, delivering a seamless, tech-driven experience that helps customers reach their homeownership and financial goals. Founded in 2000 and based in Chicago, Rate is licensed in all 50 states and D.C. and has helped over 2 million homeowners with a wide range of loan products, competitive rates and personalized service. With 5,000+ employees across 300+ offices and 12+ subsidiaries, Rate's Loan Officers rank among the best in the country. From purchases and refinances to tapping into equity, Rate makes financing faster, simpler and less stressful. Our technology - including Same Day Mortgage, the Rate App, FlashClose, MyAccount and the Language Access Program - has earned recognition from HousingWire, Scotsman Guide, NerdWallet, the Chicago Tribune and Crain's Chicago Business. Learn more at rate.com.
Job Profile:
Business Development Coordinator
Job Description Summary:
We are committed to providing a competitive and equitable total rewards package. The compensation for this role is designed to attract, retain, and motivate top talent.
The expected base salary range for this position is $60,000- $80,000.
Job Description:
The central focus of a Business Development Coordinator (BDC) is to support one or more Vice President(s) of Mortgage Lending (VP) with a variety of tasks related to increasing their production, efficiency and quality of work. A BDC's tasks are divided between 3 important components including 1) Marketing support; 2) Business Plan and Referral Partner strategy; and 3) Follow up and communication with current and future lead sources.
Essential Duties and Responsibilities
- BDCs are not licensed and may NOT perform any activity requiring a license. All marketing activities are performed under the supervision and guidance of the VP they support, and in the VP's name. BDCs are not provided access or credentials to systems that are reserved for tasks that must be performed by licensed employees, such as locking loans, taking applications, or holding themselves out as being able to perform those activities through independent marketing or other avenues.
Essential Duties and Responsibilities
- Help VP's add value and growth to their origination volume
- Idea generation and execution of the VP's business plan, including lead generation ideas and sources
- Attend, coordinate, plan and execute monthly events in coordination with the Marketing Department for Realtor and other partners to increase the VP's brand and relationship in the community
- Phone and email support including checking messages, return calls and correspondence, to maintain organized files and work environment
- Maintaining calendars and scheduling meetings, closings and creating calendar invitations, and following up timely with referral partners
- Contact and follow up with Realtors and referral partners, provide them marketing support, such as marketing materials, Gateless signups and thank you cards, and attend weekly Broker Open Houses with and on behalf of the VP they support
- Enter the VP's referral partners into the company's CRM, document and track the increase in lead sources and make suggestions for changes to the business plan
- Database management including coordinating monthly correspondence to borrowers who recently closed a loan
- Complete tasks in a timely manner and work amicably with others and the POD
- Other duties and responsibilities as assigned
Skills and Competencies
- Excellent customer service skills and strong work ethic
- Exceptional verbal and written communication and listening skills with ability to communicate with multiple levels of management and influence others
- Ability to work a fast-paced environment that will require strong organizational skills and analytical acumen
- Excellent time-management skills and follow up and follow through with ability to multitask and meet deadlines
- Familiarity with mortgage industry and GRI loan processes
- Ability to multi-task with strong attention to detail while meeting deadlines in a fast-paced environment
- Proficient in Microsoft Office Suite including Outlook, and loan origination system (preferably Encompass)
- Ability to thing strategically to solve problems or challenges with loan files
Additional Job Description Summary:
Rate is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other reason protected by law.
The company offers a comprehensive benefits program to eligible employees, including eligibility to participate in a company-sponsored 401(k); vacation benefits; eligibility for medical, dental, vision, and prescription drug benefits; flexible benefits (e.g., healthcare and/or dependent day care flexible spending accounts); life insurance and death benefits; critical care insurance; personal accidental insurance; commuter benefits; pet insurance; certain time off and leave of absence benefits; well-being benefits (e.g., employee assistance program); and other supplemental benefits (e.g. legal planning assistance; identity theft protection; pet insurance; wellness resources).
Please click this link to learn more about our benefit offerings for Washington State: Benefit Offerings for Washington State