Secondary Market Manager Salary

A large fraction of take-home pay for Secondary Market Managers comes from commissions — just under one-half on average, in fact. The median overall income in this field is approximately $59K. The majority of workers are highly satisfied with their job. A large number report receiving medical coverage from their employers and more than half collect dental insurance. Male Secondary Market Managers who responded to the survey are more common than women; more than half (62 percent) are men. This overview is based on answers to PayScale's salary questionnaire.

$35,636 - $103,551

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$11.85 - $29.36

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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$50K$100K$150K
Salary
$35,636 - $103,551  
   
Bonus
$489.36 - $17,114  
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).
)
$33,753 - $110,000  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 57
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$25$50$75
Hourly Rate
$11.85 - $29.36  
   
Overtime
$5.07 - $44.70  
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
$489.36 - $17,114  
   
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).
)
$33,753 - $110,000  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 12
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Job Description for Secondary Market Manager

  • Strive to build strong rapport with investors and act as their primary point of contact.
  • Develop and implement a strategy for managing risk associated with pricing, hedging, and trading residential loans.
  • Manage and maintain secondary market initiatives, daily activities, and staff.
  • Generate new leads, including mortgage sellers and purchasers.

Secondary Market Manager Job Listings

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Experience Affects Secondary Market Manager Salaries

Mid-Career
up arrow 18%

Experienced
up arrow 12%

National Average
$59,000

Entry-Level
up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

1-4 years
38%
5-9 years
30%
10-19 years
26%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 69%
vision benefits Vision: 46% employee benefits None: 15%
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