Banking Loan Manager Consumer Salary in Vernon Hills, Illinois

To get your salary data, use the search bar below or browse by job, city, or state.
loading...

Job title is required

loading...

Job location is required.

Average Salary for Banking Loan Manager Consumer in Vernon Hills, Illinois

The average salary of a(n) Banking Loan Manager Consumer in Vernon Hills, Illinois is $96,141.

The average hourly rate of a(n) Banking Loan Manager Consumer in Vernon Hills, Illinois is $46.22.

The average bonus of a(n) Banking Loan Manager Consumer in Vernon Hills, Illinois is $6,826.00.

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

How helpful is this page?

Are you a(n) Banking Loan Manager Consumer?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in Vernon Hills, Illinois

View Salaries for Banking Loan Manager Consumer in Other Cities

Job Openings by Indeed job search

Results for Banking Loan Manager Consumer in Vernon Hills, Illinois

Bank Manager - Lake Forest, IL - Lake Forest, IL

BMO Financial Group

Contribute to the effective interface and interaction with other key lines of business partners (e.g., Business Banking Relationship Managers, Mortgage Loan...

View job on Indeed.com

Bilingual Spanish Assistant Bank Manager - Melrose Park, IL

TCF Bank

Assist manager with business development in the community. Assist manager in all areas of the branch as required....

View job on Indeed.com

Branch Manager - Lincolnshire, IL

BankFinancial

Completes loan closings for home equity loans. May perform duties and responsibilities of an NMLS registered employee by taking applications for residential...

View job on Indeed.com

Mortgage Loan Origination Customer Call Center - Buffalo Grove, IL

BMO Financial Group

Banking, eChannel Services and Consumer Lending Center to ensure customer satisfaction is achieved. This position will act as an originator of consumer loans as...

View job on Indeed.com

Service Manager 2 - Evanston, IL

Wells Fargo

Individuals in Loan Originator (LO) positions must meet the Consumer Financial Protection Bureau qualification requirements and comply with related Wells Fargo...

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x