Consumer Loan Manager Salary
Consumer Loan Managers in the United States can expect wages of $66K per year on average. Medical benefits are awarded to almost all, and a fair number earn dental coverage. Most Consumer Loan Managers report high levels of job satisfaction. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 57 percent.
|Salary||$37,745 - $84,521|
|Bonus||$979 - $12,255|
|Total Pay (||$32,171 - $88,410|
Job Description for Consumer Loan Manager
- 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.
Consumer Loan Manager Job Listings
Pay by Experience Level for Consumer Loan Manager
Pay by Experience for a Consumer Loan Manager has a positive trend. An entry-level Consumer Loan Manager with less than 5 years of experience can expect to earn an average total compensation of $59,000 based on 11 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Consumer Loan Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $61,000 based on 18 salaries. An experienced Consumer Loan Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $68,000 based on 18 salaries. A Consumer Loan Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $77,000 based on 11 salaries.
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Key Stats for Consumer Loan Manager
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