Branch Manager, Consumer Lending Salary

An average Consumer Lending Branch Manager in the United States can expect to take home roughly $45K per year. Women Consumer Lending Branch Managers who took the survey just slightly outnumber men. Most Consumer Lending Branch Managers like their work and job satisfaction is high. A fair number report receiving medical coverage from their employers and the larger part collect dental insurance. The data in this summary comes from the PayScale salary survey.

$28,986 - $63,476
$29K
$45K
$63K
MEDIAN: $45,499
10%
50%
90%

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$11.42 - $24.66
$11
$16
$25
MEDIAN: $15.89
10%
50%
90%

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$0$63K
Salary $28,986 - $63,476
Bonus $507 - $10,101
Profit Sharing $500
Commission $3,300
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,082 - $63,495
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 42
Hourly Data $0$24
Hourly Rate $11.42 - $24.66
Overtime $23.34
Annual Data $0$63K
Bonus $507 - $10,101
Commission $3,300
Profit Sharing $500
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,082 - $63,495
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 18

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Job Description for Branch Manager, Consumer Lending

A love of numbers and finances is essential for any consumer lending branch manager. Those in this position deal with personal and small business loans on a daily basis and are responsible for assessing the needs and assets of each customer, as well as filing the appropriate paperwork and documentations. As branch managers, they are also responsible for overseeing staff performance, generating reports for national and regional banking centers, and ensuring that all lending is carried out in accordance with government regulations.

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Branch Manager, Consumer Lending Tasks

  • Meet with individuals and groups to identify products and qualify them for services.
  • Attract and expand network of clients, identifying opportunities and increasing revenues.
  • Schedule, assign, assess and discipline staff.
  • Train and lead staff in following all standards, regulations, and procedures.
  • Analyze data to create updated budgets and sales goals.

Branch Manager, Consumer Lending Job Listings

Popular Skills for Branch Manager, Consumer Lending


Overall, survey participants reported applying a fair number of skills to their work. Most notably, facility with Sales, Loan Underwriting, and Mortgage Loans are correlated to pay that is significantly above average, leading to increases of 26 percent, 13 percent, and 11 percent, respectively. Those listing Loan Processing as a skill should be prepared for drastically lower pay. Customer Service and Customer Relationship Management also typically command lower compensation. Competency in bill collections frequently indicates knowledge of Loan Underwriting.

Pay by Experience Level for Branch Manager, Consumer Lending

Pay by Experience for a Branch Manager, Consumer Lending has a positive trend. An entry-level Branch Manager, Consumer Lending with less than 5 years of experience can expect to earn an average total compensation of $35,000 based on 29 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Branch Manager, Consumer Lending with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $42,000 based on 31 salaries. An experienced Branch Manager, Consumer Lending which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $48,000 based on 28 salaries. A Branch Manager, Consumer Lending with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $64,000 based on 9 salaries.

Branch Manager, Consumer Lending Reviews

Q: What is it like working as a Branch Manager, Consumer Lending?

Branch Manager, Consumer Lending in Crestview:
"Its Tough But Can Be Rewarding."
Pros: The daily interaction with people is interesting.
Cons: Conversations can escalate beyond levels most people are comfortable with.

Branch Manager, Consumer Lending in Abbeville:
"Exhausting."
Pros: Meeting people, getting a paycheck every two weeks, coworkers are cool.
Cons: Being constantly pushed to do more but not get anything in return, supervisor is too controlling and sneaky, hours 60 plus a week.

Related Job Salaries

Key Stats for Branch Manager, Consumer Lending

Gender

Female
55 %
Male
45 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 15 votes.
Less than 1 year
2%
1-4 years
37%
5-9 years
25%
10-19 years
28%
20 years or more
8%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Branch Manager, Consumer Lending Salaries

Late-Career
▲44%

▲7%

National Average
$44,000

▼6%

▼22%

Skills That Affect Branch Manager, Consumer Lending Salaries

Sales
▲26%


Mortgage Loans
▲11%

Consumer Loans
▲4%

National Average
$44,000

▼2%


Operations Management
▼7%

Customer Relationship Management (CRM)
▼7%

Customer Service
▼21%

Loan Processing
▼27%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 15 votes.

Gender

Female
55 %
Male
45 %

Years of Experience

Less than 1 year
2%
1-4 years
37%
5-9 years
25%
10-19 years
28%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 76%
dental benefits
Dental: 70%
vision benefits
Vision: 70%
no benefits
None: 16%
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