Consumer Loan Manager Salary in District of Columbia - District Average

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 Consumer Loan Manager in District of Columbia - District Average

The average salary of a(n) Consumer Loan Manager in District of Columbia - District Average is $103,875.

The average hourly rate of a(n) Consumer Loan Manager in District of Columbia - District Average is $49.94.

The average bonus of a(n) Consumer Loan Manager in District of Columbia - District Average is $7,375.00.

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) Consumer Loan Manager?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in District of Columbia - District Average

View Salaries for Consumer Loan Manager in Other Cities in District of Columbia - District Average

Job Openings by Indeed job search

Results for Consumer Loan Manager in District of Columbia - District Average

Loan Officer - Rockville, Maryland - Rockville, MD

Embrace Home Loans

Overseeing the loan process by monitoring loan status and ensuring conformity with term; Loan Officer - Rockville , Maryland....

View job on Indeed.com

Loss Mitigation Manager - Alexandria, VA

PenFed Credit Union

Approve or deny consumer and real estate loans within organizational limits. Provide assistance on loan decisions, president and BOD letters, reconsideration...

View job on Indeed.com

Manager, Credit Systems - Alexandria, VA

PenFed Credit Union

Knowledge of Loan Origination Systems (LOS) preferred. Provide support on projects relating to consumer credit risk;...

View job on Indeed.com

Branch Manager - Fairfax, VA

M&T Bank

Branch Manager relationship banking responsibilities also include:. Provide coaching and guidance to Assistant Branch Manager or second level Manager around...

View job on Indeed.com

Manager of Loan Operations - Alexandria, VA

Burke & Herbert Bank and Trust

MANAGER OF LOAN OPERATIONS. The Loan Operations Manager is responsible for the overall loan operations management and oversight of the consumer and commercial...

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x