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Executive Vice President Business Development

ZINC Financial, Inc.

This is a Full-time position in Fresno, CA posted June 21, 2021.

Medical, Dental, Vision, Vacation Benefits Available

Salary & Commission negotiable

Location Fresno CA.

 

This position is onsite in Fresno CA. Remote work is not available.

 

 

 

SUMMARY:

 

ZINC is a private money lender specializing in lending for Investor Rehab purposes in CA and various other states. ZINC lends money to investors who purchase properties at a disposition value (i.e. REO, probate, fire, water, distressed condition, etc.) and then rehabs and resells the properties for a profit or rent rolls them up and to secure conventional financing. Due to the nature of the properties’ ZINC finances, conventional lending is not an option for most investors. We are a short-term bridge lender only, usually 6 months to 1 year.

 

More on what we do and whom we lend to can be found at www.zincfinancial.com or www.zinc.net

 

 

JOB DETAILS:

 

This position is executive in nature and requires extensive executive skillsets. The position consists or but is not limited to the following: 

 

  • Understanding of private money in the Fix/Flip platform space 5+ years
  • Grow existing company from 50.0 million AUM to over 100.0 AUM (assets under management, and have successfully accomplished such)
  • Ability to provide written spread of personal & team production from past 36 months.
  • Develop onboarding, training, and coaching for subordinates (loan officers) 2+ years
  • Develop & lead a team of 5-10 loan officers 2+ years
  • Develop an origination platform 8-15M per month-fix and flip loan origination.
  • Understanding of Key Performance Indicators and ownership of such
  • Marketing to include Budgeting, CRM development system, blogs, newsletters & attending real estate events (Expos, Meetups), Social Media, IG, budgets, media, etc.  
  • Must be able to data-mine, seek target customers and borrowers, and network to locate such. 
  • Must be able to interface with brokers, Loan Officers, RE Agents, borrowers, and sources of all levels of sophistication.
  • Contact base within the private-money industry; ability and personality to seek out and “mine” other sources of qualified borrowers.
  • Technologically savvy, including heavy spreadsheet reporting, email, word processing, internet, etc.

 

 

 

 

 

Questions:

 

1.      Have you originated Fix and Flip bridge loans, if so how many and how long? What was your monthly, quarterly, and yearly volume? Can you produce a spread of your track record by month, quarter, or year?

 

2.      Have you built a team of subordinates to originate? How many team members have recruited, trained & mentored over what period of time? What were their production targets and how did you recruit, train and manage them. Can you produce a spread of your track record?

 

3.      What was your and your team’s overall production (loan volume & dollar volume) on a Monthly, Quarterly & Annual basis.