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Renovo is a relationship-based lender who helps residential real estate investors fund their investment projects.
The Role
The Managing Director, Lending will originate loans, lead a team of junior lenders, manage credit processes, and build client relationships. Responsible for driving significant annual loan origination.
Summary Generated by Built In
Job Description – Managing Director, Lending
Renovo Financial is a dynamic and fast-growing private lender and mortgage servicer based in Chicago, dedicated to partnering with real estate investors who acquire and renovate single and multi-family residential properties. We take pride in delivering exceptional support to our clients, guiding them seamlessly from loan application to pay off with a commitment to unparalleled service. Our focus on reliability and a “win-win” approach has earned us an industry-leading repeat and referral rate, reflecting the strong relationships we build with our clients.
The MD, Lending is an experienced real-estate lending executive who will work passionately to build their book of clients to its highest potential. You are responsible for being a producing executive who originates loans and leads and builds a team that supports your origination business. The expectation is the MD becomes a $100MM to $250MM + annual originations platform for Renovo. As a senior member of the Renovo Lending Team, you will be backed with capital, team support, marketing air cover, and technology, to help maximize the success of your business.
Business Growth and Client Acquisition
- Build your book of Business (Your Dream 50)
- Farm the network of existing customers for opportunities to grow your circle of success and referral base
- Gain visibility in the real estate investor community through speaking engagements and organizing/leading round-table discussions
Team Leadership and Talent Development
- Lead a team, your POD, to allow for top production and 90+ NPS scores
- Build a team of Junior Lenders (VPs) who manage and grow client relationships and referral partnerships you have built and cultivated
Loan Production and Financial Performance
- Build a business that can produce $100mm+ of profitable and performing loans annually
- Manage credit and the credit process with your support team
Advisory Excellence and Client Strategy
- Become a trusted advisor to your clients and team
- Develop a business plan and circle of success for each client
Portfolio Management and Complex Solutions
- Be an asset and portfolio manager for your book including the ability to perform workouts and complex situations
Be the Culture
· Bring Renovo’s values to life through your actions, choices, and commitment to a shared purpose
- 5+ years’ experience in real estate / mortgage lending leading a Sales team
- Strong business sense and Lending industry expertise
- Live in the Region they serve
- Strong leadership qualities
- Excellent communication skills
- Proactive and hands-on person with a growth mindset who is eager and able to take on challenges
- Composed/thrives under pressure / problem solving & critical thinking skills
- Demonstrated learning agility/intellectual curiosity; drives own development
- Strong technical skills, familiarity with POS systems – Salesforce a plus
At Renovo, we’re building a team that reflects a wide range of backgrounds, perspectives, and skills because we believe diverse voices make us stronger. We’re proud to be an equal opportunity employer and welcome applicants of all identities and experiences.
Skills Required
- 5+ years' experience in real estate / mortgage lending leading a Sales team
- Strong business sense and Lending industry expertise
- Strong leadership qualities
- Excellent communication skills
- Strong technical skills, familiarity with POS systems
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The Company
What We Do
Renovo Financial is a rapidly-growing Chicago-based private lender serving real estate investors who acquire and renovate single and multi-family residential properties. We pride ourselves on supporting clients by providing unparalleled service, from the loan application through the payoff.
Why Work With Us
We're almost the opposite of an online lending platform. We're very much "boots on the ground." The core strength of Renovo is our team. We have a team that is experienced, hungry, thoughtful, cares deeply about our customers and what they’re trying to do, and can handle not only great opportunity, but also can handle really great adversity.
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