SUPERVISORS / CLOs
We are looking for Supervisors that has what it takes to manage, train and educate a team of Commercial Loan Officers while also working as a CLO. As we continue to grow, we want strong teams throughout the USA while helping PhoneOps Clients purchase a property or refinance their property along with maintaining our professionalism and meeting the state compliance standards.
If you are a Commercial Loan Officer and have at least 1yr of Supervisor/Manager experience, this would be the perfect career for you. Step-by-Step Instructions and Hands On training will be provided.
WE ARE HIRING SUPERVISORS IN ALL 50 STATES!!!
As a Supervisor, you will still be a Commercial Loan Officer (CLO) following all duties as a CLO. In addition to these duties, you’ll have the power to hire whom you see fit to be apart of your team while training each CLO, motivating them to work, educating them on the business and keeping close Supervision of each CLO.
Read the following requirements for this position:
Must be able to recruit, hire, train & maintain a minimum of 25 CLOs for your team
Must have a desktop or laptop with MS Word, MS Excel and MS Publisher
Must be able to keep Caylx Point Software active on your computer; monthly fee is $25
Must have reliable internet connections along with basic computer skills
Must be able to follow the training site on how to send disclosures to all clients on your team
Must be able to motivate all CLOs on your team and guide them through all closings
As a Supervisor/CLO, you are paid on two levels. View level breakdown below. Pay is now every Saturday by ACH via Zelle.
Level 1: For all your direct clients that closes, you are paid 1.50% of the loan amount. (1st Tier Compensation)
Level 2: For all clients your CLOs closes, youa are paid 0.25% of the loan amount. (2nd Tier Compensation)
In this Scenario, you have the minimum of 25 CLOs on your team and each of your CLO closes an average of 2 loans in one month and the average 1st lien loan size is $400,000 so the numbers would be:
* 25 CLOs x 2 closed loans = 50 loans closed in 1 month
* $400,000 x 0.25% = $1,000
* $1,000 x 50 closed loans = $50,000
Your commissions for this scenario would be $50,000 in 1 month.