What are the responsibilities and job description for the Account Executive position at ZINC Financial?
ZINC Financial
Account Executive - Business Purpose Lending
COMPANY HISTORY
ZINC Financial is one of California’s leading private money lenders, built for real estate investors who move fast, execute with discipline, and need a capital partner who understands the business. For over two decades, ZINC has funded business-purpose loans for investors across Fix & Flip, DSCR/Rental, Ground-Up Construction, Stabilized Bridge, and other real estate investment strategies. We are not a broker. We are a direct private money lender with the programs, capital, operations, and leadership infrastructure to help serious originators scale
JOB SUMMARY
Account Executive - Sales Professional at ZINC Financial
ZINC is seeking experienced Account Executive sales professionals with a strong background in the mortgage industry with a proven track record of success. As a Loan Origination Professional, your responsibilities will include:
- Identifying RE Investor (or) RE Brokers needing financing for Investors Projects (Non-Owner Occupied)
- Matching REI projects to our loan program guidelines
- Closing Loans
You'll develop and maintain relationships with seasoned RE Brokers, RE Borrowers and RE Investors to foster repeat business. Your role involves educating the market on ZINC’s product set, negotiating, and closing loans, including Fix and Flip loans, New Construction Loans, and Rental Property Loans.
KEY RESPONSIBILITIES:
- Engage in high-volume Inbound Sales Calling of Leads in the HubSpot CRM
- Daily,Sell the entire ZINC product suite to RE Investors, Borrowers and Brokers
- Build and maintain a book of business through phone calls and network leveraging day with great motivation to succeed and be the best in the industry
Why join ZINC?
Fantastic Income Potential - ZINC loan officers enjoy some of the highest pay in the industry, typically earning $6,000 for every $1 million funded, funding $3-5 million per month. It’s common for our Account Executives to make on average $12k-$20k per month.
Industry Stability - Working in the private money lending space offers stability, as our industry is mostly recession-proof. Real estate investors always need financing, they are much less rate sensitive, especially during economic downturns, ensuring consistent loan opportunities.
Close More Business, Faster - No-income loans move faster, meaning you get paid quicker with fewer conditions than traditional lenders.
Company Provided Leads & Marketing - With amazing lead generation and social media marketing, you’ll have all the tools you need to succeed.
Upward Mobility - ZINC is a fast-growing company with excellent upward mobility for leaders, fostering a positive company culture.
Work in a Beautiful Office Environment - ZINC corporate headquarters includes a huge break room stocked with snacks, coffee, and ice cream, creating a welcoming environment great for career development and learning.
ZINC TECHNOLOGY: State of the art Marketing Team Support is provided to drive your business. Organized Leads and Convenient calling system built into our HubSpot CRM database, Text Marketing, Emailing, Marketing, LinkedIn Marketing, etc. We provide the best tools, training, and lead generation to maximize efficiency and success.
DUTIES AND RESPONSIBILITES:
- Fund $2 million in closed loans per month (after initial training and ramp period).
- Answer inbound leads 60% of the day, calling on investors and RE brokers using company provided leads 20% of the day, HubSpot CRM Database and Phone Systems.
- Fully understand the real estate investment property industry and effectively communicate how the ZINC product set can help clients grow and prosper.
- Educate business partners, referral sources, brokers, and investors on the ZINC Loan Program offering value proposition, becoming a trusted advisor in the market for all things real estate investment property finance.
- Attend meetups, seminars, and industry networking functions to build your book of business and promote the ZINC brand.
- Act with urgency and attack each day with great motivation to succeed and be the best in the industry.
- Provide exemplary customer service to investor and broker clients.
REQUIRED:
- Industry experience and a proven track record of high-level sales success
- Excellent sales communication skills
- Proven ability to creatively source and develop new business
- High sales drive and strong verbal and phone sales skills
- Energetic and passionate about providing the best customer experience
- Passion for business development and deal-making
- Motivation for high earnings
OPTIONAL:
- 2 years of loan origination experience, especially in private or hard money business
- 2 years of experience in the private lending industry (Fix and Flip, Bridge, New Construction, and DSCR) in single-family and multifamily asset classes
COMPENSATION OFFER:
- Uncapped Commissions Paid up to “30% of Gross Loan Revenue” (Front End Fees) (% of Revenue is more than “Basis Points” Paid by Competitors)
- Commissions are Paid Monthly, Quarterly Bonus Annual Bonuses
- First year income $175K-$200k with top performers earning far more than 200k
- Base Draw Pay Varies from Entry Level to Seasoned Industry Professionals with an established book of business: $48,000.00 - $60,000.00 per year
BENEFITS:
401(k)
Dental insurance
Health insurance
Paid time off
Vision insurance
SCHEDULE:
Bonus opportunities
Commission
Monday to Friday
Supplemental pay types
Travel requirement: No travel
Work Location: Onsite, Fresno, CA
Salary : $48,000 - $300,000