Loan Operations Manager Salary

A Loan Operations Manager earns an average salary of $62,371 per year.

$40,862 - $89,677

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$11.30 - $24.93

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$33K$66K$99K
Salary
$40,862 - $89,677  
   
Bonus
$0.00 - $14,553  
Profit Sharing
$0.00 - $25,000  
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).
)
$40,442 - $96,743  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 290
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$17$34$51
Hourly Rate
$11.30 - $24.93  
   
Overtime
$24.21 - $33.75  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$0.00 - $14,553  
   
Profit Sharing
$0.00 - $25,000  
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).
)
$40,442 - $96,743  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 18
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Job Description for Loan Operations Manager

  • Hire, train, evaluate, and discipline lending staff.
  • Develop and implement strategies to improve loan department efficiency and meet sales targets.
  • Supervise lenders processing loan applications, managework flow, and ensure compliance with regulations.
  • Generate new business through sales outreach.

Lending Manager Job Listings

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Pay by Experience Level for Loan Operations Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Related Job Salaries

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Experience Affects Loan Operations Manager Salaries

Late-Career
up arrow 12%

Experienced
up arrow 3%

National Average
$62,000

Mid-Career
up arrow 6%

Entry-Level
up arrow 22%

Skills That Affect Loan Operations Manager Salaries

Operations Management
up arrow 4%

People Management
up arrow 2%

Loan Underwriting
up arrow 1%

National Average
$62,000

Commercial Loans
up arrow 4%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 48 votes.

Gender

Female
81 %
Male
19 %

Years of Experience

Less than 1 year
2%
1-4 years
12%
5-9 years
18%
10-19 years
33%
20 years or more
35%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 78%
vision benefits Vision: 63% employee benefits None: 8%
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