CRE BDO
- Los Angeles, CA, United States
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Job details
- Posting language
- English
- Posted
Original job description
Commercial Real Estate Business Development Officer (BDO) Location: Los Angeles/Denver/Dallas
The Mandate (Why This Role Exists) This is a CEO-driven growth hire.
A well-capitalized commercial bank is in scale mode:
- Deposits up 15% YoY
- CRE team tasked with doubling production in the next 24 months
- Immediate priority: adding proven revenue producers
This is not a backfill. This is a buildout. The Role This is a true origination seat. The BDO will be the primary CRE producer is responsible for sourcing and closing low-leverage investor CRE transactions, primarily through the mortgage broker channel. The right person is a hunter with a portable network - not a portfolio manager. Target Deal Profile The platform is highly disciplined credit-wise, but extremely competitive on pricing.
- Transaction size: $2MM–$20MM
- Average loan size: ~$10MM
- Investor-owned, stabilized CRE (all major use types)
- Max 50% LTV
- Low-risk, low-leverage credit box
The bank competes on price, not structure. Pricing Advantage (Why Producers Win Here) This lender plays in the same space as LifeCo's and top-tier commercial banks.
- Conservative underwriting = fast, reliable execution
- Strong win-rate in brokered low-leverage transactions
Originators are equipped to take market share without stretching credit.
Compensation
Base Salary + Uncapped commissions paid quarterly based on Effective Annual Production
Candidate Profile (Non-Negotiables) We are targeting experienced CRE producers from sophisticated commercial banking environments.
Must have:
- Proven production of $50MM+ annually (more is better)
- Deep connectivity in the mortgage broker community
- Experience sourcing investor CRE deals in the $5–25MM range
- Ability to operate inside disciplined leverage constraints
- Stable career history (no job-hopping patterns)
- Background at a commercial bank with institutional CRE capability
Why This Is Compelling
- CEO-led mandate to double production
- Competitive pricing in low-leverage CRE
- Clean credit box, high execution certainty
- Early seat in a major growth runway
- Opportunity to be the market originator, not one of many
More about this job
Skills
- Underwriting