$66,141
Avg. Salary
$17.95
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

$4,912

Profit Sharing

$1,000

The average pay for a Consumer Loan Manager is $17.95 per hour.

The average pay for a Consumer Loan Manager is $66,141 per year.

$12
10%
$18
50%
$23
90%
MEDIAN $18
$40k
10%
$66k
50%
$86k
90%
MEDIAN $66,141
$40,251 - $86,133
$40K
$66K
$86K
MEDIAN: $66,141
10%
50%
90%

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$11.88 - $23.36
$18
MEDIAN: $17.95
50%

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$0$87K
Salary $40,251 - $86,133
Bonus $1,174 - $10,365
Profit Sharing $1,000
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).
)
$40,484 - $87,138
  • Country: United States
  • Currency: USD
  • Updated: 21 Oct 2018
  • Individuals Reporting: 74
Hourly Data $0$31
Hourly Rate $17.95
Overtime $31.35
Annual Data $0$87K
Bonus $1,174 - $10,365
Profit Sharing $1,000
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).
)
$40,484 - $87,138
  • Country: United States
  • Currency: USD
  • Updated: 21 Oct 2018
  • Individuals Reporting: 8

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
45 %
Male
55 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.
Less than 1 year
1%
1-4 years
15%
5-9 years
22%
10-19 years
39%
20 years or more
23%

Experience Affects Consumer Loan Manager Salaries

Late-Career
▲14%

▲1%

National Average
$67,000

Mid-Career
▼9%

Entry-Level
▼12%

Skills That Affect Consumer Loan Manager Salaries


Consumer Loans
▲1%

National Average
$67,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.

Gender

Female
45 %
Male
55 %

Years of Experience

Less than 1 year
1%
1-4 years
15%
5-9 years
22%
10-19 years
39%
20 years or more
23%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 72%
vision benefits
Vision: 64%
no benefits
None: 14%