Commissions form a big slice (close to one-half) of total compensation for Secondary Market Managers. The median income in this area hovers around $54K. A fair number report receiving medical coverage from their employers and more than half collect dental insurance. The majority of Secondary Market Managers (61 percent) who took the survey are men. Job satisfaction is reported as high by the vast majority of workers. Respondents to the PayScale salary survey provided the data for this report.
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).
$29,243 - $106,997
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 46
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.