Wholesale Account Executive
Benchmark MortgageNewark, New Jersey
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Overview
Schedule
Full-time
Career level
Senior-level
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Job Description
Description
Position Overview:
11 Mortgage is a dynamic lending community founded on customer centricity, and our Third Party Originations provide our customers with more home financing options. The Wholesale Account Executive is responsible for sourcing, building, and maintaining strong relationships with mortgage brokers.
Ideal candidates for this position have a strong service-oriented mindset with prior sales experience, excellent communication skills, and proven knowledge of mortgage lending compliance and regulatory requirements.
Essential Functions of the Role:
- Establish and maintain relationships with mortgage brokers and mortgage bankers to generate business referrals.
- Present loan products, pricing, point of contacts, and business model to prospective and existing customers.
- Educate brokers and banking partners on 11 Mortgage procedures to expedite underwriting, locking, and closing.
- Act as the mediator between external partners and 11 Mortgage operations.
- Extend the 11 Mortgage name through networking, conferences, and social media.
- Other duties as assigned.
Classification: Full Time, Exempt
Essential Knowledge/Skills/Abilities:
- Strong communication skills
- Ability to build professional relationships
- Customer service oriented
- Proven ability to prioritize and multi-task
- Knowledge of local, state, and federal lending laws (TILA, RESPA, HMDA, etc.)
- Ability to adapt to market changes
- Knowledge of the mortgage loan process
Experience Requirements:
- Minimum of three (3) years wholesale mortgage lending sales experience required.
Education / Licensing Requirements:
- High school diploma or equivalent required. Some college preferred.
Working Conditions:
- Fast-paced environment.
- Requires normal vision (corrected) both close and distant.
- Requires normal hearing levels (corrected).
- Requires working at a desk to use a phone and computer for extended periods of time.
- Requires sitting, bending.
- Works effectively with frequent interruptions.
- Lifting requirements of 10 lbs. occasionally.
- Occasional travel >20%.
Along with a great culture and competitive pay, full-time employees are eligible for additional benefits that include:
- Medical, dental, and vision insurance
- Short-term and long-term disability
- 401(k) and Roth 401(k) plans with Company match
- Company-provided life insurance
- 8 paid holidays
- AND MORE!
Pay: $36,000.00 to $54,000.00 annually depending on experience, and is eligible for unlimited commission earnings
Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.
FAQs About Wholesale Account Executive Jobs at Benchmark Mortgage
What is the work location for this position at Benchmark Mortgage?
This job at Benchmark Mortgage is located in Newark, New Jersey, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Benchmark Mortgage?
Candidates can expect pay range between $36,000–$54,000 for this role.
What employment applies to this position at Benchmark Mortgage?
Benchmark Mortgage lists this role as a Full-time position.
What experience level is required for this role at Benchmark Mortgage?
Benchmark Mortgage is looking for a candidate with "Senior-level" experience level.
What benefits are offered by Benchmark Mortgage for this role?
Benchmark Mortgage offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Disability Insurance, Life Insurance, Paid Holidays, and 401k Matching/Retirement Savings for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Benchmark Mortgage?
You can apply for this role at Benchmark Mortgage either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.