Wholesale Account Executive

Benchmark Mortgage (NMLS #2143); Newark (NJ); On-site; USD 36,000 - 54,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

Short-term and long-term disability

401(k) and Roth 401(k) with company  匹

Company-provided life insurance

8 paid holidays

Job summary

11 Mortgage is seeking a Wholesale Account Executive to source and maintain relationships with mortgage brokers. The role focuses on driving referrals, presenting loan options, and educating partners on procedures to speed underwriting, locking, and closing.

The position requires a strong service mindset, sales experience, and knowledge of mortgage lending compliance; travel may be involved as part of networking efforts.

Qualifications

• Minimum of three (3) years wholesale mortgage lending sales experience.
• High school diploma or equivalent required. Some college preferred.
• Knowledge of local, state, and federal lending laws (TILA, RESPA, HMDA, etc.).
• Strong communication and customer service orientation.
• Ability to prioritize and multi-task in a fast-paced environment.

Responsibilities

• 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.

Skills

Strong communication

Relationship building

Customer service oriented

Prioritization & multitasking

Lending laws knowledge (TILA/RESPA/HM—

Market adaptability

Mortgage loan process knowledge

Education

High school diploma or equivalent

Some college preferred

Job 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.

Classification: Full Time, Exempt

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.

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