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Director Business Development
Fay Group Chicago, IL
$163k-202k (estimate)
Full Time | Music 0 Months Ago
Save

Fay Group is Hiring a Director Business Development Near Chicago, IL

Founded in early 2008, Fay Servicing is committed to providing innovative servicing solutions for both performing and non-performing mortgage loans. As a specialty mortgage servicer and originator that sees the customer behind every loan, we understand that our customers aren’t loan numbers — they’re homeowners.

Before founding our company, we conducted an exhaustive analysis of the mortgage servicing industry and gained valuable insight into the problems facing mortgage servicers and their customers. With that insight, we set out to build a different kind of servicing company from the ground up.

Come join us on our journey to serve our customers and be the leader in our industry! We are currently looking for a Director of Business Development to join our team.

As the Director of Business Development (DBD) you are responsible for building and maintaining a network of both Regional and National Residential/Commercial Mortgage Brokers, Lenders and Originators, for the primary purpose of generating product flow into our Non-Owner Occupied (NOO) Fix & Flip and Investor Rental Loan Products. You will be responsible for negotiating agreements with prospective business partners, marketing the products of Constructive Loan LLC, and to prudently exercising their authority in the promotion of the business.

This role will be remote and can be located anywhere in the US.

What you will do for Constructive Capital:

  • Develop and regularly maintain a sales strategy process to identify and attract new lenders and brokers to the wholesale platform
  • Work to expand and grow existing client relationships when prudent
  • Research and identify new market opportunities
  • Participate in the company’s marketing strategies
  • Participate in and/or lead the sales process to potential clients
  • Effectively utilize CRM software and programs to track potential new relationships and provide regular updates to Senior Management
  • Present appropriate loan products and programs and explain guidelines 
  • Must be able to manage a large production pipeline throughout the life of the sales process
  • Regularly communicate with the Operations Staff to ensure a clean and efficient production pipeline
  • Work with Loan Coordinators and the Operations team as a whole to ensure an efficient loan origination process and timely loan closings/fundings 

What you will bring to Constructive Capital:

  • Bachelor's degree required
  • Strong Communication and Interpersonal Skills. Solid industry and technical knowledge.
  • A firm grasp of the mortgage origination process
  • Knowledge of business structures like LLC, LP, SP, and others
  • Ability to utilize Loan Pricing Rate Sheets, product guidelines, and restrictions and convey accurate information to Third Party Originator (TPO) partners 
  • Knowledge of business structures like LLC, LP, SP, and others
  • Proficient computer knowledge; familiarity with basic MS Office applications
  • Hands-On knowledge of the loan origination process

Diversity, Equity, and Inclusion are deeply embedded into our way of working at Fay. We believe that the best ideas come from having a team that is diverse in backgrounds, experiences, and perspectives. We strive to ensure each of our employees feels valued, respected, included, and is presented with equal opportunities to be successful here at Fay. We are proud to be an equal opportunity workplace. The Fay Group and affiliated companies participate in E-Verify. For more information go to www.dhs.gov/E-Verify. E-Verify is a registered trademark of the U.S. Department of Homeland Security.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Music

SALARY

$163k-202k (estimate)

POST DATE

04/25/2023

EXPIRATION DATE

05/05/2024

HEADQUARTERS

EAST DOUGLAS, MA

SIZE

100 - 200

FOUNDED

2000

CEO

FAY SHUGRUE

REVENUE

$10M - $50M

INDUSTRY

Music

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The job skills required for Director Business Development include Business Development, Analysis, Insight, Client Relationship, Pricing, Sales Process, etc. Having related job skills and expertise will give you an advantage when applying to be a Director Business Development. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Director Business Development. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Director Business Development positions, which can be used as a reference in future career path planning. As a Director Business Development, it can be promoted into senior positions as a Top Division Business Development Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director Business Development. You can explore the career advancement for a Director Business Development below and select your interested title to get hiring information.

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If you are interested in becoming a Director Business Development, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director Business Development for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Director Business Development job description and responsibilities

They need to be able to manage sizable new sales and business projects.

03/02/2022: Florence, AL

A business development director also leads sales and client-relationship management, tracks new markets and emerging trends, recommends new products and services, proposes and develops new strategic partnerships, writes proposals and plans, and guides lon

03/01/2022: Port Arthur, TX

The Director Of Business Development drives business development growth.

04/10/2022: Casper, WY

The Director of Business Development will be responsible for developing business with key clients.

02/17/2022: Rock Hill, SC

At a high-level, this role will generate and secure short and long-term profitable business through proactive business development and account management based on a fundamental understanding of the customers' business, operations and objectives.

02/25/2022: Laramie, WY

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Director Business Development jobs

Hire the Right Person at the Right Time.

04/07/2022: Elyria, OH

Use business development skills as a focus for professional development.

04/01/2022: Pine Bluff, AR

Offer creative opportunities to connect with customers.

02/16/2022: Altoona, PA

Hire the right business development leader.

05/01/2022: Fayetteville, AR

They should have a good understanding of general business strategies, the concerns and challenges of leaders, customer acquisition and retention, and the financial metrics that matter to executives.

03/04/2022: Nashua, NH

Step 3: View the best colleges and universities for Director Business Development.

Butler University
Carroll College
Cooper Union
High Point University
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Providence College
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