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Sales Executive (Commercial Lending)
$150k-204k (estimate)
Full Time 6 Days Ago
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Wealthy Recruiting is Hiring a Sales Executive (Commercial Lending) Near Brooklyn, NY

Join our dynamic team as an Sales Executive, where you'll be responsible for closing leads and driving sales for our business funding solutions. We specialize in providing MCA loans, SBA financing, and asset-based lines of credit to businesses. If you have a passion for sales and a background in banking or commercial lending, we want to hear from you!

Responsibilities:

  • Engage with potential clients from a robust pipeline of leads, converting them into satisfied customers.
  • Conduct extensive calling campaigns to reach and follow up with prospects.
  • Educate clients on our suite of financial products, including MCA loans, SBA financing, and asset-based lines of credit.
  • Assess client needs and recommend appropriate funding solutions.
  • Collaborate with internal teams, including underwriters and loan processors, to ensure a seamless client experience.
  • Maintain and update CRM systems with client interactions and sales activities.
  • Stay informed about industry trends, regulations, and competitive offerings to effectively position our products.
  • Develop and implement sales strategies to meet and exceed targets.

Qualifications:

  • Proven experience in sales, particularly in lending, underwriting, or financial services.
  • Strong background in commercial banking or lending is highly preferred.
  • Excellent communication, negotiation, and interpersonal skills.
  • Ability to work independently, demonstrating initiative and effective problem-solving skills.
  • Familiarity with MCA loans, SBA financing, and asset-based lines of credit is a plus, but not mandatory.
  • Knowledge of banking regulations and compliance standards.
  • Bachelor's degree in finance, business administration, or a related field is preferred but not required.

Compensation:

  • Base salary of $60,000 - $70,000 annually.
  • Performance-based bonuses and incentives can bring the total yearly compensation for the right person to well over $120,000.

Job Summary

JOB TYPE

Full Time

SALARY

$150k-204k (estimate)

POST DATE

05/25/2024

EXPIRATION DATE

07/23/2024

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If you are interested in becoming a Sales Executive, 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 Sales Executive for your reference.

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

Quotes from people on Sales Executive job description and responsibilities

A sales executive must prepare and send quotes and proposals.

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A sales executive must know how to conduct proper research.

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Sales executives promote products and services to clients and negotiate contracts with the aim of maximizing profits.

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Other sales executives will often combine this type of work with visits to clients – although, as more people get used to working virtually, video calls may replace sales visits for some sales executives.

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A sales executive negotiates contracts, establishes new business relationships, and close sales among other duties.

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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 Executive jobs

With enough experience and proven results, sales executives can move to higher managerial positions or earn higher commissions.

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Sales executives are generally expected to present their best foot forward every day while meeting a customer.

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Please note that upon starting this position the job title will be changed to Trademark Sales Executive.

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Minimum 3 year successful sales track-record with demonstrated overachievement of revenue or new sales targets.

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Good presentation skills help them pitch their products to prospective clients and maximize their chances of generating more sales.

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Step 3: View the best colleges and universities for Sales Executive.

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