How much does a Loan Underwriting Supervisor, Sr. make in New Jersey? The average Loan Underwriting Supervisor, Sr. salary in New Jersey is $130,163 as of April 24, 2024, but the range typically falls between $108,414 and $150,092. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Loan Underwriting Supervisor, Sr. Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Underwriting Supervisor, Sr. Salary $88,612 NJ April 24, 2024
25th Percentile Loan Underwriting Supervisor, Sr. Salary $108,414 NJ April 24, 2024
50th Percentile Loan Underwriting Supervisor, Sr. Salary $130,163 NJ April 24, 2024
75th Percentile Loan Underwriting Supervisor, Sr. Salary $150,092 NJ April 24, 2024
90th Percentile Loan Underwriting Supervisor, Sr. Salary $168,236 NJ April 24, 2024
25% $108,414 10% $88,612 90% $168,236 75% $150,092 $130,163 50%(Median) Didn’t find job title? Click
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What skills does a Loan Underwriting Supervisor, Sr. need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Credit Card: A credit card is a type of credit facility, provided by banks that allow customers to borrow funds within a pre-approved credit limit.

3.

Marketing Plans: A marketing plan is the advertising strategy that a business will implement to sell its product or service. The marketing plan will help determine who the target market is, how to reach them, at what price point the product or service should be sold.

Customer Service 6.25%
Credit Card 2.24%
Marketing Plans 1.63%
Others 89.88%

Job Description for Loan Underwriting Supervisor, Sr.

Loan Underwriting Supervisor, Sr. supervises underwriting operations and oversees the loan application review process to determine loan eligibility and terms. Coordinates the day-to-day activities of the underwriting team to ensure that loan screening is conducted timely, accurately, and in compliance with all regulations. Being a Loan Underwriting Supervisor, Sr. provides loan options or product recommendations based on qualifications and keeps the team updated and informed of new products, regulations, or product changes. Assists customers through the loan process by researching and answering complex or unique customer inquiries, clarifying details, and coordinating with internal parties. Additionally, Loan Underwriting Supervisor, Sr. requires a bachelor's degree. Typically reports to a manager. The Loan Underwriting Supervisor, Sr. manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Loan Underwriting Supervisor, Sr. typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Underwriting Supervisor, Sr. in New Jersey
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    - 21 Days Ago
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    - 3 Months Ago
  • Position can be at a higher level commensurate with experience. Job Summary. The Underwriting Analyst works with Product, Application Services, Underwritin...
    - 2 Months Ago
  • Role: Accountant Sr. Location: Irving, TX. Contract Duration: 12 weeks contract with a possibility of extension. Pay Rate: Up To $35/hr. Work Schedule: 40h...
    - 14 Days Ago
  • National Counseling Group is currently seeking a full-time Clinical Supervisor. Under general direction of the local Operations Director, the Clinical Supe...
    - 7 Days Ago

Select a city to view specific salary and bonus information for Loan Underwriting Supervisor, Sr.

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $134,201 Date Updated April 24, 2024
Location Bergenfield, NJ Avg. Salary $136,576 Date Updated April 24, 2024
Location Bloomfield, NJ Avg. Salary $136,695 Date Updated April 24, 2024
Location East Brunswick, NJ Avg. Salary $134,082 Date Updated April 24, 2024
Location Hoboken, NJ Avg. Salary $138,714 Date Updated April 24, 2024
Location Irvington, NJ Avg. Salary $134,201 Date Updated April 24, 2024
Location Lakewood, NJ Avg. Salary $132,182 Date Updated April 24, 2024
Location Middlesex, NJ Avg. Salary $133,251 Date Updated April 24, 2024
Location Passaic, NJ Avg. Salary $136,695 Date Updated April 24, 2024
Location Union, NJ Avg. Salary $134,201 Date Updated April 24, 2024

Career Path for Loan Underwriting Supervisor, Sr.

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Loan Underwriting Supervisor, Sr., the upper level is Loan Underwriting Manager and then progresses to Top Consumer Credit Manager.

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Loan Underwriting Supervisor, Sr. Salary in New Jersey
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