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Secondary Market Manager Salary

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.
$33,802 - $101,994
(Median)
34K
56K
77K
100K
MEDIAN: $56,484
10%
50%
75%
90%

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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$33,802 - $101,994  
   
Bonus
$500 - $20,000  
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).
)
$29,243 - $106,997  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 46
United States (change)

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 28%

Experienced
up arrow 4%

National Average
$54,000

Entry-Level
up arrow 21%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 12 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

1-4 years
35%
5-9 years
29%
10-19 years
31%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 80% dental benefits Dental: 63%
vision benefits Vision: 43% employee benefits None: 18%