Commissions comprise a big part of overall income for Secondary Market Managers. The median take-home amount in this area is around $56K, and on average, half of that final number comes from commissions. Most Secondary Market Managers report high levels of job satisfaction. Men account for the majority of Secondary Market Managers who responded to the questionnaire — 64 percent to be exact. A large number enjoy medical while the greater part get dental coverage. Vision coverage is also available to more than two-fifths. This report is based on responses to the PayScale salary survey.
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).
$30,731 - $108,149
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 53
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.