What are the responsibilities and job description for the BUSINESS DEVELOPMENT OFFICER - DIRECTOR position at REO Capital, LLC?
Company Description
REO Capital is a Capital Raising Firm | Beverly Hills, CA. We provide Capital Raises, to emerging managers, of Hedge Funds, Venture Capital Funds and Private Equity Funds.
Job Description
Business Development Officer:
REO Capital, LLC – Is Seeking a Business Development Officer for Capital Raising with Private Equity & Venture Capital Funds. We pay a percentage of our Retainers Success Fees Profit Sharing Bonus. This position leads to a - Managing Director position!
We are Seeking a Business Development Officer - to lead the growth of our firm with marketing to Private Equity Funds, Venture Capital Funds & Hedge Funds that require a Capital Raise!
As a BDO you will be working on 5 funds at a time and achieve a 7 figure Bonus! Also develop, maintain, & grow effective key relationships with Private Equity Funds, Venture Capital Funds & Hedge Funds. This position will be responsible for all aspects of Marketing the Funds we raise capital for to RIA's, Family Offices, Fund of Funds, Private Banks, Insurance companies, Endowments & Foundations! This position will ensure growth through proper Distribution Channels, direct contact, warm calls and managing all business development activities that will grow our Capital Raising Business & ensure these business development activities are delivered in accordance with the organizational strategy. Thus the individual should come from a Strong Sales background in Investment Banking or Capital Raising and use to a eat what you kill background, Plus he/she should be Series 7 & 63 Licensed.
You need to develop relationships with a Great Rolodex and you need to be Hungry if your going to make 7 figures!
This Business Development position will eventually be a Managing Director position with REO Capital !
Responsible to: Chief Executive Officer – John Denes
External relationships: Private Equity Funds & Hedge Funds and New Funds
Internal relationships: The Business Development Team, Senior Management.
Success Fees = $5,000,000 annually for completing Five Capital Raises $25,000 Profit Sharing Plan Bonus Annually for a Total annual Comp package of up to $5,025,000!
Hours: 9-5 pm Traveling when necessary.
Location: – Los Angeles - Should Live in LA & go to office!
Basic Areas of Knowledge and Skills
Good project and time management skills
Familiar with Fundraising for Private Equity, Venture Capital or Hedge Funds!
Strong phone skills - are needed.
Organizational skills
Strong Motivation To Succeed
Tenacious Drive
Driven by Monetary Rewards
Ability to work without supervision
Ability to work collaboratively
Work on Rolodex of Wealth Management firms, Family Offices etc... daily with emails & calls.
You should have experience in Business Development or Capital Raising and already have your Series 7 & 63 License or you will need to pass the Series 82 and Series 63 Securities Licenses!!! Looking for Candidates already Licensed!
Qualifications
Key Responsibilities and Accountabilities
This key person must have come from a Business Development Role and can contribute to the development, growth of REO Capital’s vision by working on new funds and calling on funds we are raising capital for!
Support the overall process of Capital Raising by calling & emailing clients with funds we are working on.
Develop, new clients, and report on business development’s strategy, ensuring capital raising business is achieved and executed by the CEO .
Develop new Leads with other Private Equity Firms, Venture Capital Firms, & Hedge Fund Firms for future business & existing business.
Management of the Overall Business Development Functions:
Impact the profitability of the company through proper Private Equity & Hedge Fund Contacts developing results in new business development for REO Capital.
Requires Strong Communication & Marketing Skills, Sales & Great Phone Skills
Need to be tenacious and not get down when you recieve No for an answer !
Develop and lead Business Development in managing and implementing fund opportunities and work on all aspects of Marketing to Venture Capital Funds, Private Equity Funds & Hedge Funds.
Ensure expeditious and effective marketing, and planning through proper Calls.
PLEASE ONLY APPLY IF YOU HAVE YOUR SECURITIES LICENSE & YOUR BACKGROUND IS FROM BUSINESS DEVELOPMENT IN FINANCE, or CAPITAL RAISING BY SENDING US YOUR RESUME!!!
Additional Information
All your information will be kept confidential according to EEO guidelines.
Will need your Series 82 and 63 Securities Licenses! Or already have the Series 7 & 63 Licenses!
Salary : $5,000,000