Assistant Manager Loan Servicing Salary at Bank Of New England BETA

How much does a Bank Of New England Assistant Manager Loan Servicing make?

As of March 2025, the average annual salary for an Assistant Manager Loan Servicing at Bank Of New England is $63,078, which translates to approximately $30 per hour. Salaries for Assistant Manager Loan Servicing at Bank Of New England typically range from $54,651 to $74,615, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Bank of New England Overview

Website:
bankofnewengland.com
Size:
100 - 200 Employees
Revenue:
$10M - $50M
Industry:
Financial Services

Bank of New England Bank is committed to providing you with a secure online environment that protects your confidential information. Please know that Bank of New England does not and will not ever request personal information from you via email or via a link to any website. Note: Regular Internet e-mail is not secure, so please do not send confidential information such as Social Security or account numbers to us via regular e-mail.

See similar companies related to Bank Of New England

What Skills Does a person Need at Bank Of New England?

At Bank Of New England, specify the abilities and skills that a person needs in order to carry out the specified job duties. 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. Loan Servicing: Loan servicing is the process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal, and escrow payments from a borrower. The vast majority of mortgages are backed by the government or government-sponsored entities (GSEs) through purchase by Fannie Mae, Freddie Mac, or Ginnie Mae (which purchases loans insured by the Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs (VA)). Because GSEs and private loan investors typically do not service the mortgage loans that they purchase, the bank who sells the mortgage will generally retain the right to service the mortgage pursuant to a master servicing agreement. The payments collected by the mortgage servicer are remitted to various parties; distributions typically include paying taxes and insurance from escrowed funds, remitting principal and interest payments to investors holding mortgage-backed securities (or other types of instruments backed by pools of mortgage loans), and remitting fees to mortgage guarantors, trustees, and other third parties providing services. The level of service varies depending on the type of loan and the terms negotiated between the servicer and the investor seeking their services, and may also include activities such as monitoring delinquencies, workouts/ restructurings and executing foreclosures.
  2. 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.
  3. Problem Solving: Analyzing and identifying the root cause of problems and applying critical thinking skills to solve problems.
  4. Coaching: Coaching is a form of development in which an experienced person, called a coach, supports a learner or client in achieving a specific personal or professional goal by providing training and guidance.
  5. Commercial Loans: A commercial loan is a debt-based funding arrangement between a business and a financial institution such as a bank. It is typically used to fund major capital expenditures and/or cover operational costs that the company may otherwise be unable to afford.

Related Jobs

Foot Locker
Saugus , MA

Overview: You cant think of anywhere else youd rather be. You enjoy coaching and teaching your team to continually improve how they deliver a great in-store Customer Experience, and youre now ready to start leading the team with all aspects of the Customer Experience, including: store operations, training, employee management, visual merchandising, and asset protection. In the absence of the Store Manager, you will assume all managerial duties. Your performance will be measured by your ability to drive sales and maximize profit goals for a specific store. Responsibilities: Coaching, and motivating your team to drive sales that deliver exceptional customer service Ensuring high levels of customer satisfaction by being knowledgeable on all products offered, and teaming up with co-workers to provide excellent sales service Delivering sales, customer experience, merchandising, visual, and operational expectations Act as a partner between customers, sales associates and store leadership Abi


Sponsored
3/2/2025 12:00:00 AM
Red Heat Tavern
Wilmington , MA

We are looking for passionate people to join our talented team of food service professionals! As a manager, you'll oversee our day-to-day operations and ensure that our teams bring incredible food and amazing experiences to the table. Our Managers must have a thorough understanding of restaurant operations and provide both leadership and strategic direction within the restaurant. Our managers must be chef-driven, as our food is prepared from scratch daily in high-volume kitchens. Benefits: Our compensation is competitive and based on experience. Full-time employees are eligible for health insurance and paid vacations All team members enjoy employee dining programs Direct deposit Hands-on development and growth opportunities. The diversity of our team is important to us. We are proud to be an Equal Opportunity Employer and do not discriminate based on race, religion, color, national origin, sex, sexual orientation, gender identity, disability status, age, veteran status, or any other ch


Sponsored
3/1/2025 12:00:00 AM
Boston Residential Concierge
Boston , MA

Job Description Job Description Full Job Description Assistant General Manager ( Residential ) BRC is looking for an Assistant General Manager for one of its high-rise Residential Buildings located in Quincy. This role reports to General Manager. Summary The Assistant General Manager (AGM) directly supervises Concierges in multiple properties, and all department leads. This role oversees the direct implementation and overall operation of all building services and priorities set by the General Manager, Board of Directors and Clints, Building Managers, including development and oversight of all staff members. The AGM works closely with the General Manager and all staff members to ensure proper staff maintains high service levels to our clients. Schedule: Tuesday-Saturday, 12 pm -8 pm, plus occasional evenings, and rotating on-call as needed. Duties and Responsibilities Participates in all hiring, training, discipline and is directly responsible for all-time approval and scheduling for on


Sponsored
3/1/2025 12:00:00 AM
Domino's
Lynn , MA

Company Description Job Description ABOUT THE JOB You were born to be the boss. We know. You get up in the morning and you make sure everyone else in the house is doing what they need to do. Then you go to work and you make sure that everyone there is doing what they need to do, even your boss. You just do that because you've always done it. Well maybe it's time you moved up. You want to be the boss? Well now's your chance - Domino's Pizza is hiring bosses - more specifically assistant managers. It's a tough job, one that needs a natural like you. Of course, you'll need some skills - judgment, math and the ability to multitask. You'll be working for a company that's fun and flexible. Not to mention, it's work experience you're going to use for a long time to come. You've had our pizza delivered to you, now help us be the best in pizza delivery. Go on, boss, show us what you've got. Apply now! JOB REQUIREMENTS AND DUTIES You are responsible for everything that happens during your shift.


Sponsored
2/28/2025 12:00:00 AM
Planet Fitness
Concord , NH

Overview: Who We Are: At Planet Fitness, our mission has always been to enhance peoples lives by providing a high-quality fitness experience in a welcoming, judgement free environment. We are proud to be one of the largest and fastest-growing franchisors and operators of fitness centers in the United States with over 2,000 clubs and growing! Joining the PF family means being part of a company that is based on an established culture and strong set of values. It is being a part of a supportive, engaging team that cares about bettering the health and wellbeing of the community in an environment where everyone feels like they belong. It is having fun at work while creating member experiences that consistently exceed their expectations. It means being part of a brand that you can be proud of! Who You Are: All of our Team Members at Planet Fitness share one thing in common a passion for our amazing brand and a desire to make our members feel welcome in our Judgement Free Zone Characteristics


Sponsored
2/27/2025 12:00:00 AM
Dunkin'
Lancaster , MA

Description As a Dunkin' franchisee, we are committed to our employees as much as we are committed to our customers. We value hardworking and enthusiastic employees and we make it a priority to ensure their success. The Assistant Manager will be responsible for directing the overall operation of the restaurant, from hiring and overseeing a team of employees that deliver exceptional guest service to managing the financial performance of the store. As the day-to-day operator of the store, the Assistant Manager is expected to: Drive sales and profitability through effective execution of the Company's business plan Create a positive working environment by fostering teamwork among Team Members through effective training, communication and relationship building Conduct himself/herself in a professional manner when dealing with customers, Team Members, and corporate management Act as a role model for other Team Members by adhering to all state and Federal labor and health laws and upholding t


Sponsored
2/27/2025 12:00:00 AM
Dunkin'
Topsfield , MA

Description STOPno need to look further! You're just who we're looking for! You're an upbeat, energetic leader! We are an exceptional Dunkin' Franchise where you can grow your skills in a fun, fast paced, supportive environment! We've built a great management team through commitment and dedication, great benefits, and we're seeking to fill positions to support our managers. We value hardworking and enthusiastic employees, like you, and we'll make it a priority to ensure your success! PLUS, we offer a work schedule that is respectful of your personal time! Prior Dunkins' experience preferred, but other fast food experience will be considered (i.e., Papa Gino, Burger King, and Taco Bell). Great benefits we offer: $18/Hour - $20/Hour 401(K) for eligible employees with a Company match up to 4% Paid vacation after 1 year We Promote From Within Health Insurance Earned Sick Time Employee Referral Bonus Paid Holidays Educational benefits through the Brand's partnership with SNHU Employee incen


Sponsored
2/26/2025 12:00:00 AM
Heav'nly Donuts
Dracut , MA

Holds the guest as their highest priority and role models exceptional guest service. Acknowledges all guests with a friendly smile and is highly responsive to needs and special requests. Empowers the team to satisfy guests and resolve problems. Communicates clearly with each guest in a friendly and courteous way. Performs daily duties in managers absence. Can be flexible with hours. Educates on the Guest Satisfaction Survey program and ensures receipt are issued with each order Ensures service with speed are met throughout each shift at Drive Thru and Front Counter Executes team service through effective deployment and communication. Ensures the restaurant meets food safety, sanitation and cleanliness standards during shift. This position can also lead to a management opportunity as this Company continues to grow. WEEKENDS MANDATORY EXPERIENCE IN FOOD SERVICE A PLUS!!!! Must be flexible with availability Salary is negotiable based on experience Heav'nly Donuts has been serving New Engl


Sponsored
2/26/2025 12:00:00 AM

Check more jobs information at Bank Of New England

Job Title Average Bank Of New England Salary Hourly Rate
2 Deposit Operations Specialist $31,037 $15
3 Director, Information Technology $196,168 $94
4 Senior Loan Officer $90,645 $44
5 Senior Vice President $207,832 $100
6 Branch Manager $71,531 $34
7 Business Development $80,314 $39
8 Business Development Representative $80,314 $39
9 Compliance Specialist $106,067 $51
10 Customer Service Representative $36,961 $18
11 Head Teller $39,798 $19
12 Private Banker $76,089 $37
13 Senior Commercial Credit Analyst $85,768 $41

Hourly Pay at Bank Of New England

The average hourly pay at Bank Of New England for an Assistant Manager Loan Servicing is $30 per hour. The location, department, and job description all have an impact on the typical compensation for Bank Of New England positions. The pay range and total remuneration for the job title are shown in the table below. Bank Of New England may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $63,078 look to you?

FAQ about Salary and Jobs at Bank Of New England

1. How much does Bank Of New England pay per hour?
The average hourly pay is $30. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Bank Of New England?
According to the data, the highest approximate salary is about $74,615 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Bank Of New England?
According to the data, the lowest estimated salary is about $54,651 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.