Consumer Loan Manager Salary
Consumer Loan Managers in the United States can expect wages of $66K per year on average. Medical benefits are awarded to almost all, and a fair number earn dental coverage. Most Consumer Loan Managers report high levels of job satisfaction. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 57 percent. This overview is based on answers to PayScale's salary questionnaire.
|Salary||$52,875 - $87,934|
|Bonus||$-0.50 - $19,392|
|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).)
|$41,308 - $89,462|
Job Description for Consumer Loan Manager
- Supervise lenders processing loan applications, managework flow, and ensure compliance with regulations.
- Generate new business through sales outreach.
- Hire, train, evaluate, and discipline lending staff.
- Develop and implement strategies to improve loan department efficiency and meet sales targets.
Consumer Loan Manager Job Listings
Pay by Experience Level for Consumer Loan Manager
Pay by Experience for a Consumer Loan Manager has a positive trend. An entry-level Consumer Loan Manager with less than 5 years of experience can expect to earn an average total compensation of $59,000 based on 11 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Consumer Loan Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $61,000 based on 18 salaries. An experienced Consumer Loan Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $68,000 based on 18 salaries. A Consumer Loan Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $77,000 based on 11 salaries.
Related Job Salaries
Key Stats for Consumer Loan Manager
Rated 5 out of 5
based on 7 votes.