About Griffin Funding
Griffin Funding is a direct-to-consumer mortgage lender specializing in Non-QM, VA, DSCR, Bank Statement, and conventional loan products. We're a high-performance team committed to 5-star service, data-driven growth, and helping more borrowers close loans faster. We hold ourselves — and our partners — to elite standards.
Role Overview
The 3rd Party Lead Manager owns the performance of Griffin Funding's external lead vendor relationships. While third-party leads represent approximately 10% of our overall lead budget, this role is critical to ensuring every dollar spent converts efficiently — from cost per lead all the way down to cost per funded loan.
You will be the primary point of contact for vendors like LendingTree, Rabbu, BiggerPockets, and others — managing filters, setting expectations, analyzing CRM data, and holding vendors accountable to the metrics that matter.
Key Responsibilities
Vendor Relationship Management
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Own day-to-day relationships with all third-party lead vendors
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Conduct weekly calls with each vendor to review performance, share feedback, and drive optimization
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Negotiate lead pricing, volume commitments, and filter parameters
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Onboard new vendors and sunset underperforming ones
Performance & Accountability
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Track and report on key metrics for each vendor: cost per lead (CPL), contact rate, conversion rate, and cost per funded loan
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Build and maintain vendor scorecards updated weekly
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Identify underperforming vendors and develop action plans or recommend pausing spend
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Establish clear performance benchmarks and hold vendors accountable to them
Lead Filter Management
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Define and manage lead filters for each vendor including minimum loan amount, minimum credit score, loan type, geography, and intent signals
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Continuously test and refine filters to improve lead quality and downstream conversion
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Coordinate with LOs and processors to gather real-time feedback on lead quality
CRM Integration & Reporting
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Pull weekly performance reports from HubSpot CRM by vendor, campaign, and lead source
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Translate CRM data into actionable vendor feedback and optimization recommendations
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Ensure all vendor leads are properly tagged, routed, and tracked through the full lifecycle in HubSpot
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Collaborate with marketing and operations teams to close reporting gaps
Collaboration
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Work closely with the marketing team to align third-party lead spend with overall lead generation strategy
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Partner with Sales leadership to understand LO feedback on lead quality by source
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Communicate proactively with leadership on budget pacing, performance trends, and vendor recommendations
Success Metrics
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Cost Per Lead (CPL): By vendor, loan type, and filter set
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Contact Rate: % of leads reached by an LO
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Conversion Rate: % of leads that convert to applications and locks
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Cost Per Funded Loan: The ultimate performance metric
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Vendor Scorecard Accuracy: Weekly updates, no gaps
Qualifications
Required
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2+ years of experience in lead generation, vendor management, performance marketing, or mortgage operations
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Strong analytical skills — comfortable pulling data from a CRM and building performance reports
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Excellent communication and negotiation skills
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Highly organized with the ability to manage multiple vendor relationships simultaneously
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Proficiency in HubSpot CRM or similar platform
Preferred
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Experience with mortgage lead vendors (LendingTree, Rabbu, BiggerPockets, etc.)
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Background in mortgage, real estate, or financial services
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Familiarity with Non-QM loan products (Bank Statement, DSCR, VA)
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Experience with Google Sheets, Excel, or BI tools for reporting
Compensation & Benefits
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Base Salary: $70,000/year
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Performance Bonus: Tied to cost-per-funded-loan improvement and vendor conversion benchmarks
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Competitive benefits package
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Growth opportunity within Griffin Funding's expanding marketing and operations team
Our Core Values
We're looking for someone who embodies:
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Commit to 5-Star Service — with both our vendors and internal teams
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GRIT — resilience, discipline, and accountability
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Resourceful Problem Solvers — creative, data-driven, decisive
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Own Your Impact — take ownership of your numbers
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Growth-Minded Team Players — collaborative, adaptable, always improving
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