Joining MCAP means you will be a part of our diverse workforce of highly talented individuals who are recognized for their expertise and success! At MCAP, your professional expertise, commitment to teamwork and passion for service excellence are recognized and rewarded with competitive total rewards offering, a career with continuous learning and development (formal & informal training), and exciting opportunities in a dynamic, entrepreneurial environment.
The Role
As a Business Development Manager at MCAP, you will be responsible for identifying, developing, and securing new business opportunities to drive revenue growth and expand market presence. You will leverage tools like Microsoft 365 and Salesforce to manage client relationships, track performance, and collaborate across departments. This role requires a strategic thinker with a strong sales acumen, excellent communication skills, and a passion for building long-term partnerships. The Business Development Manager will be accountable for annual achievement of specific targets set at the beginning of each fiscal year. The primary focus is on funded volume with additional secondary targets based on other business unit priorities as set by the VP, Sales (i.e. Funding Ratios).
This role will work primarily out of a remote home office with travel required to broker offices and industry events. BDMs must possess a valid driver's license at all times.
Relationship Management - Retain, Grow, & Acquire
Cultivate meaningful broker relationships through proactive support and communication
Cross-functional Collaboration: Work closely with marketing, product, and operations teams to align business development efforts with company objectives
Create awareness of RMG products with Mortgage Brokers by:
+ Presenting to small or large groups selling value proposition
+ Position products and services Increase results with existing RMG Mortgage Brokers
+ Apply Know Your Client (KYC) principles to uncover broker needs and develop tailored strategic plans
+ Utilize sales and marketing programs to add additional value to the broker relationship (i.e. Mpoints loyalty program)
+ Negotiate with brokers to gain a commitment on volume, funding ratios, and other metrics and follow-up for accountability Identify new/potential Brokers/Brokerages
+ On a frequent basis, contact potential new brokers and set up appointments to present RMG's value proposition
+ Inform and educate new brokers on products and programs Engage brokers with professionalism and strategic dialogue focused on market trends and business opportunities
The use of agendas for scheduled meetings, accompanied with broker score card and co-agent reporting
10 - 12 meetings per week are required in this role with a mix of face-to-face and virtual
Marketing
Design and execute territory-specific marketing initiatives tailored to local broker needs, market dynamics, and RMG priorities
Share relevant insights such as local housing trends, rate movement impacts, and "RMG Did You Know?" updates to position RMG as a strategic partner
Leverage Salesforce to track broker engagement, log outreach activities, and share timely, personalized updates.
Represent RMG at local industry events, networking sessions, and broker-hosted functions to build visibility and trust
Support brand presence at tradeshows by engaging attendees
Planning
Develop an annual strategic territory and account plan
Create a touch-point strategy to organize work week, meetings and presentations
Identify the Broker's business style and personal attributes in order to foster a strong working relationship withRMG
Follow up on leads in a timely manner in order to capitalize on the opportunity to increase our customer base
Reporting and Administration
Update and maintain all broker information within Saleforce
Complete full Know Your Client (KYC) profiles for all Submission Agents within Salesforce
Assist in registration and changes of RMG Broker/Brokerage profiles
Log all daily activity in Salesforce - maintaining minimum levels
Manage monthly expenses prudently to assist in growth of the business
What You Bring To The Team
Minimum 5 years sales experience - Financial Services preferred
OR
Minimum 2 years mortgage underwriting experience Results oriented
Creative and innovative
Exceptional verbal and written communication skills
Excellent organizational and time-management skills
Excellent presentation skills - including virtual
Ability to build meaningful and trusting relationships internally and externally
Ability to multi-task in a fast-paced environment
Effective negotiation and conflict resolution skills
Strong analytical and problem-solving skills
Proficient with Microsoft 365 including Outlook and Teams
Tech savvy, including use of video for communication
Strong customer service skills
Self-driven, motivated with the ability to work independently and in a team environment
Carries out duties with integrity and takes responsibility for actions.
Thorough knowledge of mortgage broker network and emerging industry trends
Deep understanding of mortgage lending principles, including high-ratio, conventional, refinance, and purchase transactions
Ability to interpret and communicate policy changes to brokers clearly and accurately
Experience navigating underwriting guidelines and documentation requirements
University Degree
Accredited Mortgage Professional (AMP, preferred) or courses to satisfy provincial regulatory requirements
Note: Territory to be covered is North of the GTA
If this sounds like you and you are looking to be a part of one of Canada's largest independent mortgage finance companies, then we want to hear from you!
Be A Part Of Something Great
MCAP is Canada's largest independent Mortgage Finance company with over $150 billion in assets under management providing mortgage solutions for residential and commercial properties. For over 35 years, MCAP originates, trades, securitizes and services mortgages in offices across Canada. MCAP originates residential mortgages exclusively through the mortgage broker channel as we believe that a professional mortgage broker is a consumer's best option and MCAP actively promotes the services of mortgage brokers across the country. MCAP is also a leader in the Canadian residential construction lending market with over 25 years in the business. Our teams of dedicated professionals serve a variety of developer, construction and lender clients across Canada.
Position #:
req2083
Employment Status:
Permanent Full Time
Location:
Toronto; Ontario
Number Of Openings:
1
Department:
Residential
Internal Job Title:
Business Development Manager
The above information in this description has been designed to indicate the general nature and level of work performed by employees in the position. It is not designated to contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
MCAP provides equal opportunities for all applicants and is committed to fostering an inclusive, accessible environment, where all employees feel valued, respected and supported throughout the recruitment and employment process. If you require accommodation, we will work with you to meet your needs.
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