Commissions comprise a big part of overall income for Secondary Market Managers. The median take-home amount in this area is around $57K, and on average, slightly less than one-half of that final number comes from commissions. A large number enjoy medical while a majority get dental coverage. Vision coverage is also available to more than two-fifths. Job satisfaction is high and work is enjoyable for most Secondary Market Managers. There are more male Secondary Market Managers than female among those who completed the questionnaire, making up 66 percent. The data for this snapshot was collected from individuals who took PayScale's 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).
$31,214 - $106,997
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 56
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.