Secondary Market Manager Salary

Commissions comprise a big part of overall income for Secondary Market Managers. The median take-home amount in this area is around $63K, and on average, more than two-fifths of that final number comes from commissions. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Men make up the majority of Secondary Market Managers (62 percent) survey respondents. Work is enjoyable for Secondary Market Managers, who typically claim high levels of job satisfaction. The numbers in this rundown were provided by PayScale's salary survey participants.

$37,004 - $105,422
(Median)
$37K
$61K
$110K
MEDIAN: $60,628
10%
50%
90%

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$11.96 - $30.00
(Median)
$12
$18
$30
MEDIAN: $17.00
10%
50%
90%

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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
$37,004 - $105,422  
   
Bonus
$496.65 - $20,134  
Profit Sharing
$5,000  
Commission
$27,000  
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).
)
$34,039 - $124,800  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 60
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
$11.96 - $30.00  
   
Overtime
$5.14 - $45.46  
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
$496.65 - $20,134  
   
Commission
$27,000  
Profit Sharing
$5,000  
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).
)
$34,039 - $124,800  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 14
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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

Experienced
up arrow 23%

Mid-Career
up arrow 9%

National Average
$63,000

Entry-Level
up arrow 20%

Job Satisfaction

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

Gender

Female
38 %
Male
62 %

Years of Experience

1-4 years
32%
5-9 years
32%
10-19 years
28%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 77%
medical benefits
Vision: 51%
dental benefits
None: 10%
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