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.

$37,745 - $84,521
$38K
$65K
$85K
MEDIAN: $65,019
10%
50%
90%

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$0$88K
Salary $37,745 - $84,521
Bonus $979 - $12,255
Profit Sharing $2,000
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).
)
$32,171 - $88,410
  • Country: United States
  • Currency: USD
  • Updated: 10 Oct 2017
  • Individuals Reporting: 28

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.

Related Job Salaries

Key Stats for Consumer Loan Manager

Gender

Female
43 %
Male
57 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 9 votes.
1-4 years
22%
5-9 years
22%
10-19 years
31%
20 years or more
25%

Experience Affects Consumer Loan Manager Salaries

Late-Career
▲16%

▲2%

National Average
$66,000

Mid-Career
▼7%

Entry-Level
▼10%

Skills That Affect Consumer Loan Manager Salaries


Consumer Loans
▲2%

National Average
$66,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 9 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

1-4 years
22%
5-9 years
22%
10-19 years
31%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 100%
dental benefits
Dental: 77%
vision benefits
Vision: 73%
no benefits
None: