Consumer Loan Manager Salary in Chicago, Illinois

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Average Salary for Consumer Loan Manager in Chicago, Illinois

The average salary of a(n) Consumer Loan Manager in Chicago, Illinois is $96,848.

The average hourly rate of a(n) Consumer Loan Manager in Chicago, Illinois is $46.56.

The average bonus of a(n) Consumer Loan Manager in Chicago, Illinois is $6,876.00.

Job Description:

Manages consumer loan department of a financial institution providing services including vehicle loans, personal or unsecured lines of credit, home improvement and home equity loans, student loans, credit cards, etc. Coordinates activities to implement institution's consumer loan policies, procedures, and practices concerning granting or extending lines of credit and loan activities. Develops or approves consumer lending policies and interest rate structures. NOTE: ERI's findings based on asset size. Authorizes loans that exceed staff authority. Provides subordinate officers with functional guidance. Reviews loan applications for completeness. Analyzes applicant's financial status, credit, and property evaluation to determine feasibility of granting loan request. Contacts customers, businesses, and community and civic organizations to promote goodwill and generate new business. May correspond with or interview applicant or creditors to resolve questions regarding application. May prepare financial and regulatory reports required by law, regulations, and Board of Directors. May examine and evaluate loan applications. May interview and hire workers. May evaluate data pertaining to costs to plan budget. May plan and develop methods and procedures for carrying out activities of department. Less

Manages consumer loan department of a financial institution providing services including vehicle loans, personal or unsecured lines of credit, home improvement and home equity loans, student loans, credit cards, etc. Coordinates activities to implement institution's consumer loan policies, procedures, and... More

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Results for Consumer Loan Manager in Chicago, Illinois

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Loan Decisions NYLX. We are looking to provide a full P&L opportunity to a branch manager with a current team of self-source loan officers.*....

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Fifth Third Bank

Prepares documentation required for the processing of loans, reviews status of existing loans, takes appropriateaction onloans that are mature or past due, and...

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CRA Mortgage Loan Officer - Chicago, IL

Capital One

CRA Mortgage Loan Officer. Interview and counsel loan applicants on the various mortgage loan programs offered by Capital One....

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Commercial Banking - Project Manager - Wholesale Loan Operations - Chicago, IL

JPMorgan Chase

Commercial Banking - Project Manager - Wholesale Loan Operations. Minimum of 5 years in the financial services market, loan operations and/or loan technology....

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Bank Manager - Chicago, IL - Chatham Market - Chicago, IL

BMO Financial Group

Bank Manager II Preferred:. This position will act as an originator of consumer loans as defined by the Secure and Fair Enforcement for Mortgage Licensing Act...

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