The average salary for a Lending Manager is AU$73,161 per year. Most people move on to other jobs if they have more than 20 years' experience in this career.

AU$58,118 - AU$91,470
AU$58K
AU$74K
AU$91K
MEDIAN: AU$73,593
10%
50%
90%
AU$28.94 - AU$37.29
AU$31
MEDIAN: AU$30.52
50%
AU$0AU$103K
Salary AU$58,118 - AU$91,470
Bonus AU$0.00 - AU$25,342
Profit Sharing AU$966 - AU$19,727
Commission AU$19,518
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).
)
AU$59,135 - AU$103,976
  • Country: Australia
  • Currency: AUD
  • Updated: 17 Feb 2018
  • Individuals Reporting: 121
Hourly Data AU$0AU$37
Hourly Rate AU$30.52
Annual Data AU$0AU$103K
Bonus AU$0.00 - AU$25,342
Commission AU$19,518
Profit Sharing AU$966 - AU$19,727
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).
)
AU$59,135 - AU$103,976
  • Country: United States
  • Currency: AUD
  • Updated: 17 Feb 2018
  • Individuals Reporting: 5

Job Description for Lending Manager

Lending managers work in financial institutions and are responsible for all employees and activities within their department. They are also responsible for coordinating and scheduling work for employees to reduce processing-times for loan applications and keep employees busy to avoid congestion.

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Lending Manager Tasks

  • Develop and implement strategies to improve loan department efficiency and meet sales targets.
  • Supervise lenders processing loan applications, manage work flow, and ensure compliance with regulations.
  • Generate new business through sales outreach.
  • Hire, train, evaluate, and discipline lending staff.

Popular Employer Salaries for Lending Manager

Lending Manager Job Listings

Pay by Experience Level for Lending Manager

Pay by Experience for a Lending Manager has a positive trend. An entry-level Lending Manager with less than 5 years of experience can expect to earn an average total compensation of AU$72,000 based on 58 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Lending Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of AU$78,000 based on 47 salaries. An experienced Lending Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of AU$83,000 based on 37 salaries. A Lending Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of AU$74,000 based on 11 salaries.

Pay Difference by Location

National Average: AU$75,698

Larger city markers indicate a job is popular in that location.

Related Job Salaries

Key Stats for Lending Manager

Gender

Female
41 %
Male
59 %
Less than 1 year
5%
1-4 years
28%
5-9 years
30%
10-19 years
28%
20 years or more
10%

Experience Affects Lending Manager Salaries

▲10%

▲3%

National Average
AU$76,000

▼3%

▼4%

Skills That Affect Lending Manager Salaries

National Average
AU$76,000

▼4%


Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
5%
1-4 years
28%
5-9 years
30%
10-19 years
28%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 7%
dental benefits
Dental:
vision benefits
Vision:
no benefits
None: 93%