How to Become a Consumer Loan Area Manager

Step 1: Understand the job description and responsibilities of a Consumer Loan Area Manager

What does a Consumer Loan Area Manager do?

A Consumer Loan Area Manager is responsible for consumer loan activity for a particular region. Oversees multiple branches to ensure loan policies are being followed. Being a Consumer Loan Area Manager requires a bachelor's degree. Typically reports to top management. The Consumer Loan Area Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Consumer Loan Area Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.

People's Opinions on Consumer Loan Area Manager responsibilities

Consumer loans are vital, and a manager needs to be there to oversee them all.

02/23/2020: Fort Myers, FL

This is part of the consumer loan area manager job description.

12/18/2019: Alexandria, LA

This individual looks into the loan activity for multiple branches and locations all over to ensure that everything is as it should be.

12/07/2019: Hartford, CT

There are consumer loans going out on a daily basis.

01/27/2020: Asheville, NC

A consumer loan area manager ensures that people receive their loans and that budgets are kept.

02/03/2020: Passaic, NJ
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Step 2: Learn best tips to become a Consumer Loan Area Manager

Best tips for those who want to become a Consumer Loan Area Manager

Here are some tips to become a Consumer Loan Area Manager.

Step 3: View best colleges and universities for Consumer Loan Area Manager

Best colleges and universities for Consumer Loan Area Manager

  • Florida Southern College
  • Colby College
  • Dartmouth College
  • University of Notre Dame
  • Western Washington University
  • Canisius College

Step 4: Think about whether is it worth to be a Consumer Loan Area Manager

Is being a Consumer Loan Area Manager Worth it?

People's Opinions on lifestyles

This Consumer Lending Manager position offers a competitive salarybased on experience.

01/07/2020: Little Rock, AR

Here's how Loan Officers job satisfaction is rated in terms of upward mobility, stress level and flexibility.

01/06/2020: Benton Harbor, MI

At Northwestern Bank, we understand that major purchases require support and that's why we offer variety and flexibility of consumer and personal loans to fit your needs.

12/07/2019: San Diego, CA

Whether you have your eye on a brand new vehicle or something classic, we can customize your loan to fit your needs and budget.

12/07/2019: Houston, TX

Not sure whether a Home Equity Loan or Home Equity Line of Credit (HELOC) is best for you? Give us a call today and our experienced lenders will help navigate you through these options.

03/04/2020: Hopkinsville, KY
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Step 5: Prepare relevant skills for being a Consumer Loan Area Manager

What skills do you need to be a Consumer Loan Area Manager?

A manager is often judged based on the success of their team and those working below them, as such, many skills are needed.  Success in this role depends on a critical ability in the following: Loan Origination, New Business Development, Lending Regulatory Compliance.  Experience in the following is fundamental to this role: Loan Software.  Skills may vary from job-to-job, but these skills are the ones most commonly associated with this role.

People's Opinions on Consumer Loan Area Manager skills

Becoming a loan area manager requires a bachelor’s degree in finance or a related field, as well as a minimum of ten years experience in banking practices.

01/24/2020: Bismarck, ND

Area managers must have extensive knowledge in computer software, its availability and new financial software programs.

12/28/2019: Philadelphia, PA

Consumer loan area managers must exhibit strong leadership skills as they are expected to promote teamwork and cooperation with the Consumer Lending Department and their companies.

01/04/2020: Anderson, IN

Candidates for the position of consumer loan area manager must possess a full range of lending knowledge, its practices, and procedures.

01/25/2020: Phoenix, AZ
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Step 6: View average salary for Consumer Loan Area Manager

How much does a Consumer Loan Area Manager make?

The average salary range for a Consumer Loan Area Manager is from $120,530 to $168,447. The salary will change depending on your location, job level, experience, education, and skills.

Salary range for a Consumer Loan Area Manager
$120,530 to $168,447

Step 7: Find relevant Consumer Loan Area Manager jobs, and apply.

Looking for Consumer Loan Area Manager jobs?

Here are some Consumer Loan Area Manager jobs in the United States.

Search Consumer Loan Area Manager Jobs in the United States

Step 8: Explore Career Path of Consumer Loan Area Manager

Step 8: Explore Career Path of Consumer Loan Area Manager? Consumer Loan Area Manager