Strategic Business Development Professional
1 day ago
We are seeking an experienced Business Development Specialist to join our team at Idexcel. This key position will play a pivotal role in the development and enhancement of our CRE & Construction loan origination and administration platform. As a bridge between business stakeholders, product owners, and the technology team, you will ensure that our solutions meet the evolving needs of our customers in the commercial real estate market.
Responsibilities:
The successful candidate will be responsible for gathering and analyzing detailed business requirements for CRE & Construction loan origination and post-closing administration, including draw management and disbursement processes. You will conduct workshops, interviews, and surveys with stakeholders to understand their needs and pain points, and translate business needs into clear, concise, and testable user stories and acceptance criteria.
Product Development & Enhancement:
You will collaborate with product owners to define product vision, roadmap, and release plans, and contribute to the design and development of new features and functionalities for our loan origination and administration platform. Additionally, you will analyze existing systems and processes to identify areas for improvement and automation.
Construction Loan Monitoring Expertise:
You will develop a deep understanding of construction loan processes, including budget management, draw requests, inspections, and disbursements. You will ensure the system accurately reflects industry best practices and regulatory requirements for construction loan administration.
Documentation and Communication:
You will create and maintain comprehensive documentation, including process flows, data dictionaries, and user manuals, and effectively communicate requirements and product updates to stakeholders across different departments. You will also collaborate closely with developers and QA testers to ensure successful implementation of solutions.
Qualifications:
To be successful in this role, you will need 3+ years of experience as a Business Analyst in the financial services industry, with a strong focus on commercial real estate lending. You will have a deep understanding of CRE & Construction loan products, including origination, underwriting, closing, and post-closing administration. Hands-on experience with construction loan monitoring and draw management processes is essential, as is proven ability to gather, analyze, and document complex business requirements. Excellent communication, interpersonal, and presentation skills are also required. Experience working in an Agile/Scrum development environment is beneficial. A Bachelor's degree in business, Finance, or a related field is necessary.
Bonus Points:
Experience with loan origination systems (LOS) is desirable, as is familiarity with construction lending software and technologies. Knowledge of regulatory requirements related to CRE & Construction lending is also beneficial. With a competitive salary of around $120,000 per annum, plus benefits, we offer an exciting opportunity for career growth and professional development.
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