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Department: Sales and Business Development
Reporting to: Sales Administration Manager
Location: Various Regional Locations
Position Overview:
As a Sales Administrator (SA), you will be an essential part of the sales team, focusing on the closing of commercial real estate loans. Your goal will be to assist the Business Development Officers/Associates (BDO/As) in meeting the loan transaction closing deadlines and support them in their overall annual production goals. The position serves as a foundational role for understanding and mastering the intricacies of loan closing process within Harvest's framework.
Key Responsibilities:
· The SA will work with all applicable parties to close and fund commercial real estate loan transactions, including but not limited to the Borrower, Referral Source, Credit and Closing depts. (internal, partner lenders, CDCs), Escrow Officers, Title Officers, Closing Attorney, Insurance Agents, etc.
· Must be familiar with Federal Taxes & IRS Tax Verifications
· Must be familiar with various required Types of Insurance Coverage(s) based on Collateral types and/or Business types
· Be aware Harvest’s funding timeline requirements to meet Estimated Close of Escrow date(s)
· Work to obtain all Closing Items Needed to meet the Estimated Close of Escrow date(s)
· Ensure the engagement of 3rd party reports has bee done, such as Appraisal and Environmental reports and be aware of their estimated completion date(s)
· Review Preliminary Report / Title Commitment and be aware of Title Survey requirements
· Be able to handle Additional Collateral requirements
· Familiar with SBA Form 1919
· Must have knowledge of entity documentation for Corporations, LLCs, Partnerships and Trusts
Educational Development:
· Acquire a thorough understanding of the Harvest Credit Policy and the SBA SOP.
· Learn Harvest's approach to preparing loan files, including naming conventions, file organization, form completion, and the overall loan process.
Supportive Role:
· Offer responsive and informed support to your assigned BDO/As.
Performance Review:
· Conduct annual reviews of your loan performance with the SA Manager
Responsiveness:
· Maintain a high level of responsiveness to all stakeholders to ensure smooth operation and excellent customer service.
Qualifications:
· Eagerness to learn and grow within the business development field.
· Strong organizational skills and attention to detail.
· Excellent communication abilities and a commitment to responsive customer service.
· Proactive attitude and the ability to work effectively in a team environment.
· Some experience or familiarity with commercial lending practices is preferred.
· A degree in finance, business administration, or related field is advantageous.
We Offer:
· A supportive training environment with opportunities for professional development.
· Competitive salary with performance-based incentives.
· A chance to grow your career in a thriving and dynamic company.
Job Type: Full-time
Pay: $66,560.00 per year
Benefits:
Compensation package:
Schedule:
Work Location: In person
Full Time
$98k-131k (estimate)
03/23/2024
07/05/2024
The job skills required for Sales Administrator include Commitment, Business Development, etc. Having related job skills and expertise will give you an advantage when applying to be a Sales Administrator. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Sales Administrator. Select any job title you are interested in and start to search job requirements.
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Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Sales Administrator job description and responsibilities
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The administrator needs to ensure that the appropriate prices are applied to services on opportunities for this partner.
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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 Sales Administrator jobs
Applicants should build team unity even outside the office.
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Everyone must follow lead qualification requirements.
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Consider how to prioritize leads and distribute them.
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Establish Noticeable Performance Goals.
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Candidates must know that this role needs to make a positive connection with customers to secure purchases.
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