Business Development Manager in Toronto

Business Development Manager in Toronto

Toronto Full-Time 66150 - 80850 $ / year (est.) Hybrid
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At a Glance

  • Tasks: Expand our brand by building relationships with mortgage agents and brokers in the GTA.
  • Company: Join RiverRock MIC, a leader in alternative lending with a dynamic team.
  • Benefits: Enjoy competitive salary, uncapped commissions, comprehensive benefits, and RSP matching.
  • Other info: Opportunity for travel and networking at industry events.
  • Why this job: Make an impact in the mortgage industry while growing your career in a supportive environment.
  • Qualifications: 2-5 years in business development or underwriting; strong sales drive and market knowledge.

The predicted salary is between 66150 - 80850 $ per year.

Business Development Manager

River Rock Mortgage Investment Corporation – Toronto ON (Greater Toronto Area). Job Type: Full‑time.

About the Role

River Rock MIC is seeking a self‑motivated, results‑driven Business Development Manager (BDM) to expand our presence across the Greater Toronto Area.

In this role, you will champion our brand by building, nurturing, and scaling strategic relationships with licensed mortgage agents and brokers.

The ideal candidate is an entrepreneurial sales professional who can seamlessly translate broker relationships into high‑quality deal flow, backed by a solid understanding of our alternative/private lending products, underwriting standards, and procedures.

What We Offer

  • Competitive base salary + uncapped commission structure & performance bonuses
  • Comprehensive benefits package
  • Group RSP matching plan
  • Car/travel allowance (or mileage reimbursement)

Key Responsibilities

  • Territory Growth: Develop and execute a strategic sales plan to prospect new broker channels while maximizing volume from existing relationships.
  • Deal Structuring & Advisory: Guide mortgage brokers and agents to ensure submitted applications align with River Rock’s risk appetite and lending criteria.
  • Brand Advocacy: Deliver high‑impact presentations and webinars to various brokerage houses, networks, and teams.
  • Cross‑Functional

Collaboration: Partner closely with Senior Management, Underwriting, Marketing, and Admin teams to deliver an industry‑leading service experience to our broker partners.

  • Industry Presence: Represent River Rock MIC at key industry events, trade shows, seminars, and networking functions (e. g., golf tournaments).
  • Market Intelligence: Monitor and report on competitor activities, market trends, and private lending shifts within the GTA.
  • Product Innovation: Collaborate with internal teams to provide feedback for product enhancements and new program developments.

Skills and Experience Required

  • Experience: 2 to 5 years of proven experience as a BDM or Underwriter within the Canadian mortgage industry.
  • Market Knowledge: Deep, established relationships and extensive knowledge of the GTA broker and real estate markets.
  • Education: Post‑secondary education (preferably in Business, Commerce, or Economics) or equivalent work experience.

Completion of relevant mortgage/underwriting courses is an asset.

  • Core Competencies: A strong sales drive with an entrepreneurial mindset, exceptional interpersonal skills, and a proven track record in business development.
  • Operational Excellence: Outstanding organizational skills with a strong sense of urgency, sharp attention to detail, and a commitment to customer service excellence.
  • Tech Literacy: Proficiency in MS Office Suite (Word, Excel, Outlook) and familiarity with mortgage origination platforms (Filogix/Expert, Velocity, etc.) is preferred.
  • Additional Requirements
  • A valid driver’s license and access to a reliable vehicle are required for territory travel.
  • A dedicated home‑office setup.
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Business Development Manager in Toronto employer: Riverrockmic

RiverRock Mortgage Investment Corporation is an exceptional employer located in the vibrant Greater Toronto Area, offering a dynamic work environment that fosters growth and innovation. With a competitive salary structure, comprehensive benefits, and a strong emphasis on employee development, we empower our Business Development Managers to thrive while building meaningful relationships within the mortgage industry. Our collaborative culture and commitment to excellence ensure that every team member has the opportunity to make a significant impact and advance their career.

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Contact Details:

Riverrockmic Recruitment Team

We think you need these skills to ace Business Development Manager in Toronto

Business Development
Sales Strategy
Relationship Building
Mortgage Industry Knowledge
Underwriting Standards
Presentation Skills
Cross-Functional Collaboration