Third Party Lead Manager

Griffin FundingSan Diego, CA
$70,000

About The Position

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.

Requirements

  • 2+ years of experience in lead generation, vendor management, performance marketing, or mortgage operations
  • Strong analytical skills — comfortable pulling data from a CRM and building performance reports
  • Excellent communication and negotiation skills
  • Highly organized with the ability to manage multiple vendor relationships simultaneously
  • Proficiency in HubSpot CRM or similar platform

Nice To Haves

  • Experience with mortgage lead vendors (LendingTree, Rabbu, BiggerPockets, etc.)
  • Background in mortgage, real estate, or financial services
  • Familiarity with Non-QM loan products (Bank Statement, DSCR, VA)
  • Experience with Google Sheets, Excel, or BI tools for reporting

Responsibilities

  • Own day-to-day relationships with all third-party lead vendors
  • Conduct weekly calls with each vendor to review performance, share feedback, and drive optimization
  • Negotiate lead pricing, volume commitments, and filter parameters
  • Onboard new vendors and sunset underperforming ones
  • Track and report on key metrics for each vendor: cost per lead (CPL), contact rate, conversion rate, and cost per funded loan
  • Build and maintain vendor scorecards updated weekly
  • Identify underperforming vendors and develop action plans or recommend pausing spend
  • Establish clear performance benchmarks and hold vendors accountable to them
  • Define and manage lead filters for each vendor including minimum loan amount, minimum credit score, loan type, geography, and intent signals
  • Continuously test and refine filters to improve lead quality and downstream conversion
  • Coordinate with LOs and processors to gather real-time feedback on lead quality
  • Pull weekly performance reports from HubSpot CRM by vendor, campaign, and lead source
  • Translate CRM data into actionable vendor feedback and optimization recommendations
  • Ensure all vendor leads are properly tagged, routed, and tracked through the full lifecycle in HubSpot
  • Collaborate with marketing and operations teams to close reporting gaps
  • Work closely with the marketing team to align third-party lead spend with overall lead generation strategy
  • Partner with Sales leadership to understand LO feedback on lead quality by source
  • Communicate proactively with leadership on budget pacing, performance trends, and vendor recommendations

Benefits

  • Base Salary: $70,000/year
  • Performance Bonus: Tied to cost-per-funded-loan improvement and vendor conversion benchmarks
  • Competitive benefits package
  • Growth opportunity within Griffin Funding's expanding marketing and operations team
© 2026 Teal Labs, Inc
Privacy PolicyTerms of Service