Loan Manager Salary in Alabama - State Average

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Average Salary for Loan Manager in Alabama - State Average

The average salary of a(n) Loan Manager in Alabama - State Average is $87,188.

The average hourly rate of a(n) Loan Manager in Alabama - State Average is $41.92.

The average bonus of a(n) Loan Manager in Alabama - State Average is $6,190.00.

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 Loan Manager in Alabama - State Average

Branch Manager - Birmingham, AL

Franklin American Mortgage Company

Manage loan pipeline for all originated loans through closing and funding. The Branch Manager manages the functions of a Branch Office in addition to being a...

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Regional Manager/Branch Manager/Team Leader - Birmingham, AL

US Mortgage Corporation

We also support Loan Officers by hiring them dedicated Loan Officer Assistants to allow our Sales force to stay at their highest and best use....

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Branch Manager - Center Point - Center Point, AL

Regions Bank

Branch Manager - Center Point. Typically manages a branch with total loans and deposits of less than $50 million....

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Branch Manager - Decatur, AL

Southern Management Corporation

Completes loan documents, approves and closes new and former loan applications, delinquent renewals, dual loans, marginal renewals, pursues collections via...

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Branch Manager - Mobile, AL

OneMain

Advancement opportunities are available for District Manager and beyond. Springleaf is a market leader in the personal loan industry....

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