Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy
Jobs / Job page
Senior Wholesale Account Executive image - Rise Careers
Job details

Senior Wholesale Account Executive

Why Work for Quontic?

Quontic Bank is a CDFI federally chartered digital community bank. We have a customer-centric culture built around helping our customers and giving back to local communities. We're making homeownership simpler, faster, and most importantly, more accessible for all communities across the United States.

Who We are

Quontic is the adaptive digital bank that empowers its customers financially while embracing their diverse circumstances. Quontic's mission to break the system for financial empowerment stands in the face of big banks and proves there is a better and more equitable way to put the customer first. We focus on truly understanding and serving the underdogs, entrepreneurs, gig-economy workers, immigrants, and more with a curated banking experience as opposed to a one-size-fits-all banking approach.

What We Live By

Whatever your role, we are bound by a spirit of collective commitment and excellence in all aspects of our work. As an employee of Quontic, the importance of your contributions cannot be overstated. You are an important part of our team!


Your Primary Responsibilities Include:

The Senior Wholesale Account Executive is responsible for identifying and developing new relationships with appropriate customers that meet company goals and objectives. They build relationships with current and new mortgage brokers and contact and solicit mortgage brokers and bankers regarding Quontic’s unique wholesale mortgage loan programs.

Responsibilities

  • Utilize a strong knowledge of the wholesale mortgage market to facilitate broker and banker sign-ups into Quontic’s broker-wholesale lending program.
  • Maintain sales contact database and send regular correspondence on programs and procedures to meet individual & team sales goals; inform brokers of changes and additions to the Bank’s products.
  • Develop and implement creative marketing ideas to effectively communicate the terms of the products to brokers and bankers.
  • Analyze and prequalify applicants to determine eligibility of the desired loan program.
  • Gather all initial documentation based on the selected loan program; facilitate accurate and thorough loan applications that comply with company policies and procedures.
  • Perform special projects, and additional duties and responsibilities as required.

The above is merely a description.  Responsibilities and duties are not limited to the above. Quontic reserves the right to change job descriptions at any time.

Education and Experience Requirements:

  • Bachelor's degree (or equivalent); OR associate degree and two (2) years of experience in functional area; OR high school diploma (or equivalent) plus four (4) years of experience in functional area. 
  • Additional three (3) years+ of progressive experience in wholesale lending.

 

Additional Requirements:

  • Proven skills and experience with Wholesale Lending functions.
  • Proven experience with Microsoft Office 365 and the following technology: Encompass LOS.
  • Demonstrated knowledge of underwriting and/or closing procedures and regulations.
  • Willingness to pursue continuing education, certifications, etc. as applicable to advancing in the organization.
  • Analytical and problem-solving skills.
  • Interpersonal and communication skills with the ability to speak confidently.
  • An ability to thrive in a fast-paced environment where priorities change daily, and where employees wear many hats.
  • Detail-oriented with the ability to think "outside the box" and prioritize tasks and decisions in a timely manner.
  • Self-directed, yet effective working as part of a collaborative team.
  • Responsive and customer-focused with a demonstrated use of professional judgment.

Annual compensation potential of $40,000 - $170,000. This role is commission-only. Any salary range listed is for illustrative purposes only, and is based on personal production.

In addition to a fulfilling career, we offer competitive compensation and a comprehensive benefits package that can fuel your financial milestones & keep you well. Full time employees are eligible for:

    • Health, Dental, Vision, & Life Insurance
    • Financial Wellness Planning & Coaching
    • Counseling Support Services & Resources
    • Paid Parental Leave
    • Pet Insurance
    • 401K Match
    • Employee Bank Accounts with Quontic
    • Generous Paid Time Off

Average salary estimate

$105000 / YEARLY (est.)
min
max
$40000K
$170000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Wholesale Account Executive, Quontic

Join Quontic as a Senior Wholesale Account Executive and be part of a team that is revolutionizing the banking experience through a customer-centric approach. At Quontic, we're more than just a digital community bank; we are committed to empowering underserved communities and paving a pathway to easier homeownership across the U.S. In this role, you’ll utilize your expertise in the wholesale mortgage market to forge and nurture relationships with both existing and new mortgage brokers. You will help them navigate our unique wholesale mortgage loan programs and ensure they are equipped with all the necessary information to succeed. We’re looking for someone who is proactive and innovative, ready to utilize their strong communication skills to facilitate broker sign-ups and keep them informed about our dynamic offerings. An ideal candidate will have a proven track record in wholesale lending and a knack for creative marketing strategies to effectively engage brokers. You’ll play a vital role in analyzing loan applicants and ensuring compliance with our company policies while collaborating with a diverse team. If you are ready to take your career to the next level in a supportive and fulfilling environment, Quontic could be the perfect fit for you. With competitive compensation and a comprehensive benefits package, including health insurance and a 401K match, we strive to foster the growth and well-being of our employees. Together, we can make banking accessible for all!

Frequently Asked Questions (FAQs) for Senior Wholesale Account Executive Role at Quontic
What are the main responsibilities of a Senior Wholesale Account Executive at Quontic?

As a Senior Wholesale Account Executive at Quontic, your main responsibilities include identifying and developing relationships with mortgage brokers, facilitating broker sign-ups into our lending program, maintaining contact databases, and communicating product updates. You'll also analyze loan applications to ensure eligibility and compliance with our standards.

Join Rise to see the full answer
What qualifications are required for the Senior Wholesale Account Executive position at Quontic?

To qualify for the Senior Wholesale Account Executive role at Quontic, candidates must hold at least a bachelor's degree or have equivalent experience. Additionally, three or more years of progressive experience in wholesale lending, proficiency in Microsoft Office 365, and strong knowledge of underwriting procedures are essential.

Join Rise to see the full answer
How does Quontic support the professional growth of its Senior Wholesale Account Executives?

Quontic values continuous education and professional development. As a Senior Wholesale Account Executive, you’ll have access to opportunities for ongoing training, certifications, and resources that help you advance in your career while expanding your skills in the wholesale mortgage market.

Join Rise to see the full answer
What is the compensation structure for a Senior Wholesale Account Executive at Quontic?

The compensation for a Senior Wholesale Account Executive at Quontic is commission-only, with earning potential ranging from $40,000 to $170,000, depending on individual production. This structure enables top performers to significantly increase their earnings based on their unique sales efforts.

Join Rise to see the full answer
What kind of company culture can a Senior Wholesale Account Executive expect at Quontic?

At Quontic, employees can expect a collaborative, vibrant, and customer-centered culture. The team is driven by a shared mission to empower underserved communities, creating an environment where your contributions are valued and your success is celebrated.

Join Rise to see the full answer
Common Interview Questions for Senior Wholesale Account Executive
Can you describe your experience in wholesale lending and how it relates to this Senior Wholesale Account Executive position?

Reflect on your past roles in wholesale lending and discuss specific achievements. Highlight how your experience aligns with Quontic’s mission and your understanding of the challenges brokers face, showcasing your commitment to providing solutions.

Join Rise to see the full answer
How do you build and maintain relationships with mortgage brokers?

Discuss your approach to relationship management, such as regular check-ins, personalized communication, and providing brokers with valuable insights into market trends. Focus on how these strategies can help strengthen partnerships and drive mutual success.

Join Rise to see the full answer
What strategies do you employ to effectively communicate complex mortgage products to brokers?

Share techniques that you have found successful, such as simplifying jargon, using visual aids, or creating informative materials. Emphasize your skills in adjusting your communication style based on the audience.

Join Rise to see the full answer
How do you prioritize tasks when managing multiple broker accounts?

Demonstrate your organization strategies, such as using CRM tools for tracking interactions and setting reminders for follow-ups, which help you stay on top of individual account needs while managing your time effectively.

Join Rise to see the full answer
What approach do you take to analyze loan applications?

Explain your analytical process to evaluate loan applications. Discuss the importance of thorough documentation, understanding compliance requirements, and how you identify potential red flags.

Join Rise to see the full answer
How do you adapt to changes in the wholesale mortgage market?

Describe your methods for staying informed about market trends, such as following industry news, participating in webinars, or networking with peers. Show that you are proactive in applying this knowledge to your work.

Join Rise to see the full answer
What role does teamwork play in your approach as a Senior Wholesale Account Executive?

Share insights into how you collaborate with your team to share information, brainstorm strategies, and tackle challenges together, emphasizing the importance of a supportive workplace culture.

Join Rise to see the full answer
Can you provide an example of a challenging situation you faced with a broker and how you handled it?

Be ready to discuss a specific challenge, ensuring to outline your thought process, the steps you took to resolve the issue, and the positive outcome that resulted from your actions.

Join Rise to see the full answer
What innovative marketing ideas have you successfully implemented to reach mortgage brokers?

Highlight your creativity by providing examples of marketing campaigns or tools you've utilized, whether digital or traditional, that have successfully engaged brokers and conveyed product value.

Join Rise to see the full answer
Why do you want to work at Quontic as a Senior Wholesale Account Executive?

Convey your alignment with Quontic’s mission and values, highlighting your passion for community-focused banking. Show enthusiasm about the opportunity to contribute to empowering underserved populations through your expertise in wholesale lending.

Join Rise to see the full answer
Similar Jobs
Photo of the Rise User
Posted 4 days ago
Photo of the Rise User
ServiceNow Remote 680 George Street (Lvl 49, 48 & 14) Levels 48, Sydney, New South Wales, Australia
Posted 2 days ago
Inclusive & Diverse
Mission Driven
Rise from Within
Diversity of Opinions
Work/Life Harmony
Empathetic
Feedback Forward
Take Risks
Collaboration over Competition
Medical Insurance
Dental Insurance
Vision Insurance
Mental Health Resources
Life insurance
Disability Insurance
Health Savings Account (HSA)
Flexible Spending Account (FSA)
Conferences Stipend
Paid Time-Off
Maternity Leave
Equity
Photo of the Rise User
1915 South / Ashley Hybrid No location specified
Posted 11 days ago
Photo of the Rise User
Posted 7 days ago
Photo of the Rise User
Posted 4 days ago
Photo of the Rise User
Kobie Remote 100 2nd Ave S, St. Petersburg, FL 33701
Posted yesterday

Quontic Bank provides personal and business banking services. It offers checking accounts, such as personal checking, interest checking, regular personal money market, premium money market, small business checking, business money market checking, ...

5 jobs
MATCH
Calculating your matching score...
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
January 15, 2025

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!