Junior Originator Role
I have the opportunity to take a Junior SBL Originator role at an Arbor type firm. I have no experience in CRE and graduated a few months ago. I have the possibility of taking the role as I have shown persistence with the SVP/hiring manager at the office. I'm not too sure of the exact functions of the position yet, it could be 50% business development and 50% helping the SVP with his pipeline. Seems like it would be a little more business development than the latter though as he already has a production analyst. Has anyone had any experience in this type of role? Are these kinds of roles usually salaried + commission? Would this be good experience even for someone that has never been in a true production analyst/underwriting analyst position jumping straight to originations? Would this pair well if I did a MRE (Georgetown possibly)/MSF (conc. in RE from local uni)? I am very keen on being in multifamily debt so I feel like this could be a great role for me, assuming I am mentored (which I believe I would be) and there is an at least small salary to keep the food on the table. Thanks yall.
[{"id": "exdpghr", "text": "If your goal is sales i would say yes. Salary would probably be decent. For the most part everything I see in the agency side is a bit higher than typical bank salaries. Worry about commission after you get your feet wet", "replies": [], "depth": 1}]