Manager of Foreclosure and Bankruptcy Salary

A Manager of Foreclosure and Bankruptcy earns an average salary of $50,853 per year.

$40,134 - $128,802
$40K
$53K
$130K
MEDIAN: $52,903
10%
50%
90%

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$0$128K
Salary $40,134 - $128,802
Bonus $3,000
Profit Sharing $1,100
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).
)
$40,406 - $126,709
  • Country: United States
  • Currency: USD
  • Updated: 22 Sep 2017
  • Individuals Reporting: 15

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Manager of Foreclosure and Bankruptcy

A manager of foreclosure and bankruptcy typically works for a financial institution that engages in real estate financing agreements. A party in receipt of a loan or mortgage might be unable to meet their financial obligations to pay according to a contract, and no other remedies are available. In this situation, the institution typically will institute procedures to foreclose and take back the property. This manager is the person who oversees such actions and ensures that they proceed according to the stipulations of contractual obligations along any federal or state regulations that may pertain.

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Manager of Foreclosure and Bankruptcy Tasks

  • Manage and/or advise clients in bankruptcy and foreclosures, conducting workouts and restructuring of finances.
  • Manage client issues and oversee and assist with risk identification and resolution for all cases.
  • Develop financial valuation models and frameworks, implementing and training specialists on performance standards.
  • Supervise bankruptcy and foreclosure specialists and work flow, coordinating activities and evaluating staff and performance.
  • Perform and provide clients with budgetary and business case analysis and economic condition forecasts.

Manager of Foreclosure and Bankruptcy Job Listings

Pay by Experience Level for Manager of Foreclosure and Bankruptcy

Pay by Experience for a Manager of Foreclosure and Bankruptcy has a positive trend. An entry-level Manager of Foreclosure and Bankruptcy with less than 5 years of experience can expect to earn an average total compensation of $50,000 based on 19 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Manager of Foreclosure and Bankruptcy with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $47,000 based on 10 salaries. An experienced Manager of Foreclosure and Bankruptcy which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $58,000 based on 8 salaries. A Manager of Foreclosure and Bankruptcy with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $72,000 based on 7 salaries.

Key Stats for Manager of Foreclosure and Bankruptcy

Gender

Female
50 %
Male
50 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 3 votes.
1-4 years
18%
5-9 years
29%
10-19 years
29%
20 years or more
24%
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Location:
Years in Fields/Career:
United States (change)

Related Jobs

Experience Affects Manager of Foreclosure and Bankruptcy Salaries

Late-Career
▲31%

Experienced
▲7%

National Average
$55,000

Entry-Level
▼8%

Mid-Career
▼14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 3 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

1-4 years
18%
5-9 years
29%
10-19 years
29%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 73%
vision benefits
Vision: 73%
no benefits
None: 18%
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