Jerry Numata has been with the Builders Capital Team just under four years. Here is more about Jerry and his work here at Builders Capital.
Tell us more about you, Jerry?
I’ve lived in the Seattle area most of my life and love the area. I attended Gonzaga for undergrad, where I received my Bachelors in Business Administration-Accounting (B.B.A). After my time at Gonzaga, I pursued my Masters of Business Administration (M.B.A) at the University of Portland. Before my time at Builders Capital, I spent time Asset Management.
What made you decide to join Builders Capital?
I had just completed four years as an asset manager in commercial real estate for a local bank and wanted to take on a new challenge. As I started to look around, an opportunity with Builders Capital came about. During the interview process, I got the sense there was more of a start-up mentality even though the company had been around for nine years at the time. It drew my interest, especially around the potential for growth. It felt like I could come in and help take things to the next level.
What role did you start in when you joined the team?
When I joined the team, it was as a Senior Credit Analyst.
What role are you in today?
I moved into the Loan Operations Manager role in January 2020.
What are your main responsibilities in your role?
My primary duties are to oversee the Credit Officer Team and help in any way that I can. The Credit Officer Team plays a pivotal part in our ability to receive approvals quickly. Being able to jump in and help allows me to identify places that might need improvement and then work towards resolving any challenges.
Since you have joined Builders Capital, what are some of the key differences you have noticed between working in traditional versus private lending?
Two things stick out to me. First, the pace that we lend at times is borderline frantic. That’s a result of built-up demand for housing and our internal teams being top-notch. We move fast because we know we are making a difference with each loan. It’s motivating, and that pushes us even faster. Second, your voice is heard no matter what role you hold or what your job description says. Everyone is empowered to voice their feedback.
What is something you enjoy most about being at Builders Capital?
It has to be the ability to interact with our team and across other partner groups. The collaboration end to end is fantastic. You also have a chance to wear a lot of different hats; you’re empowered to dive in wherever you want and lend a hand.
What advice would you give to someone looking to work in private construction lending?
Come in with an open mind. It’s a different paradigm from conventional banking. Be open to learning and absorb knowledge from those around you. Realize what you don’t know and build out your tool belt with the knowledge you need to succeed.
Fun fact about you?
Despite the playoff drought, I’m still a Mariners Fan. I also enjoy playing golf quite a bit.
Anything else you’d like to share?
Life is too short not to enjoy life. Take advantage of any moment you can get to have experiences and stories to share.