Third Party Lead Manager

Posted 2 Days Ago
Be an Early Applicant
San Diego, CA, USA
Hybrid
65K-70K Annually
Junior
Financial Services
Mortgage Lender specializing in serving veterans, self-employed, and real estate investors 855-928-0163
The Role
Manage external mortgage lead vendor relationships, including pricing, volume, filters, onboarding, and performance accountability. Track CPL, contact rates, conversion rates, and cost per funded loan; maintain weekly vendor scorecards; analyze HubSpot CRM data; optimize lead quality and routing; and communicate recommendations to marketing, sales leadership, operations, and executives.
Summary Generated by Built In
About Griffin Funding

Griffin Funding is a direct-to-consumer mortgage lender specializing in Non-QM, VA, DSCR, Bank Statement, and conventional loan products. We're a high-performance team committed to 5-star service, data-driven growth, and helping more borrowers close loans faster. We hold ourselves — and our partners — to elite standards.

Role Overview

The 3rd Party Lead Manager owns the performance of Griffin Funding's external lead vendor relationships. While third-party leads represent approximately 10% of our overall lead budget, this role is critical to ensuring every dollar spent converts efficiently — from cost per lead all the way down to cost per funded loan.

You will be the primary point of contact for vendors like LendingTree, Rabbu, BiggerPockets, and others — managing filters, setting expectations, analyzing CRM data, and holding vendors accountable to the metrics that matter.

Key Responsibilities

Vendor Relationship Management

  • Own day-to-day relationships with all third-party lead vendors

  • Conduct weekly calls with each vendor to review performance, share feedback, and drive optimization

  • Negotiate lead pricing, volume commitments, and filter parameters

  • Onboard new vendors and sunset underperforming ones

Performance & Accountability

  • Track and report on key metrics for each vendor: cost per lead (CPL), contact rate, conversion rate, and cost per funded loan

  • Build and maintain vendor scorecards updated weekly

  • Identify underperforming vendors and develop action plans or recommend pausing spend

  • Establish clear performance benchmarks and hold vendors accountable to them

Lead Filter Management

  • Define and manage lead filters for each vendor including minimum loan amount, minimum credit score, loan type, geography, and intent signals

  • Continuously test and refine filters to improve lead quality and downstream conversion

  • Coordinate with LOs and processors to gather real-time feedback on lead quality

CRM Integration & Reporting

  • Pull weekly performance reports from HubSpot CRM by vendor, campaign, and lead source

  • Translate CRM data into actionable vendor feedback and optimization recommendations

  • Ensure all vendor leads are properly tagged, routed, and tracked through the full lifecycle in HubSpot

  • Collaborate with marketing and operations teams to close reporting gaps

Collaboration

  • Work closely with the marketing team to align third-party lead spend with overall lead generation strategy

  • Partner with Sales leadership to understand LO feedback on lead quality by source

  • Communicate proactively with leadership on budget pacing, performance trends, and vendor recommendations

Success Metrics
  • Cost Per Lead (CPL): By vendor, loan type, and filter set

  • Contact Rate: % of leads reached by an LO

  • Conversion Rate: % of leads that convert to applications and locks

  • Cost Per Funded Loan: The ultimate performance metric

  • Vendor Scorecard Accuracy: Weekly updates, no gaps

Qualifications

Required

  • 2+ years of experience in lead generation, vendor management, performance marketing, or mortgage operations

  • Strong analytical skills — comfortable pulling data from a CRM and building performance reports

  • Excellent communication and negotiation skills

  • Highly organized with the ability to manage multiple vendor relationships simultaneously

  • Proficiency in HubSpot CRM or similar platform

Preferred

  • Experience with mortgage lead vendors (LendingTree, Rabbu, BiggerPockets, etc.)

  • Background in mortgage, real estate, or financial services

  • Familiarity with Non-QM loan products (Bank Statement, DSCR, VA)

  • Experience with Google Sheets, Excel, or BI tools for reporting

Compensation & Benefits
  • Base Salary: $70,000/year

  • Performance Bonus: Tied to cost-per-funded-loan improvement and vendor conversion benchmarks

  • Competitive benefits package

  • Growth opportunity within Griffin Funding's expanding marketing and operations team

Our Core Values

We're looking for someone who embodies:

  1. Commit to 5-Star Service — with both our vendors and internal teams

  2. GRIT — resilience, discipline, and accountability

  3. Resourceful Problem Solvers — creative, data-driven, decisive

  4. Own Your Impact — take ownership of your numbers

  5. Growth-Minded Team Players — collaborative, adaptable, always improving

Skills Required

  • 2+ years of experience in lead generation, vendor management, performance marketing, or mortgage operations
  • Strong analytical skills and ability to pull CRM data and build performance reports
  • Excellent communication and negotiation skills
  • Highly organized with ability to manage multiple vendor relationships simultaneously
  • Proficiency in HubSpot CRM or a similar platform
  • Experience with mortgage lead vendors such as LendingTree, Rabbu, or BiggerPockets
  • Background in mortgage, real estate, or financial services
  • Familiarity with Non-QM, Bank Statement, DSCR, or VA loan products
  • Experience with Google Sheets, Excel, or BI tools for reporting
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The Company
HQ: San Diego, California
73 Employees
Year Founded: 2012

What We Do

Griffin Funding, Inc., is a consumer-direct national boutique mortgage company. We specialize in VA Loans, Self-Employed Non-QM Bank Statement Loans, and DSCR Real Estate Investor Loans. Call us today for a free consultation 855-928-0163. Visit our webpage for full list of state licensing. NMLS# 1120111 We are honored to be able to serve our Veterans across the country and help them with their home mortgage needs. Our VA zero down purchases are very flexible and our VA Streamline IRRRLs do NOT require a credit score, income, assets, or appraisal verification. Our most popular program is the "VA Cashout"​ loan to payoff debts and do home improvements. Griffin also offers alternative Income Loans for high net worth clients and self-employed borrowers, FHA to Conventional conversions, High Balance Mortgages, Jumbo Loans and more. NMLS Unique Identifier: 1120111 VA Approved Lender ID: 9088650000 State Licensing: Visit our website at https://griffinfunding.com/state-licensing/ Texas (TX) – 1120111 – CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. 2445 5th Ave Ste 340 San Diego CA 92101 NMLS Consumer https://nmlsconsumeraccess.org/

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