How much does a Loan Processing Supervisor make in Massachusetts? The average Loan Processing Supervisor salary in Massachusetts is $69,528 as of April 24, 2024, but the range typically falls between $59,694 and $78,361. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Loan Processing Supervisor Salary | $50,742 | MA | April 24, 2024 |
25th Percentile Loan Processing Supervisor Salary | $59,694 | MA | April 24, 2024 |
50th Percentile Loan Processing Supervisor Salary | $69,528 | MA | April 24, 2024 |
75th Percentile Loan Processing Supervisor Salary | $78,361 | MA | April 24, 2024 |
90th Percentile Loan Processing Supervisor Salary | $86,403 | MA | April 24, 2024 |
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.
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.
Fintech: Integrating software technologies and applications to improve and automate the delivery and use of financial operations to consumers.
Quality Control: Developing and implementing a set of procedures intended to maintain the quality of a product and reduce any risks or errors.
Loan Processing Supervisor supervises the day-to-day loan processing operations involved with the origination and documentation of various types of loans. Implements processes and procedures to maintain accuracy and completeness of required documentation. Being a Loan Processing Supervisor tracks team performance against established metrics and standards for speed, quality, and customer service. Performs quality checks and resolves issues. Additionally, Loan Processing Supervisor prepares reporting for internal departments and external agencies. Participates in audit requests and processes. Delivers new hire and team training. Provides updates on policy and regulatory requirements and changes. May require an associate degree or equivalent. Typically reports to a manager. The Loan Processing Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. To be a Loan Processing Supervisor typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Attleboro, MA | Avg. Salary $67,035 | Date Updated April 24, 2024 |
Location Barnstable, MA | Avg. Salary $67,738 | Date Updated April 24, 2024 |
Location Fitchburg, MA | Avg. Salary $68,122 | Date Updated April 24, 2024 |
Location Hyannis, MA | Avg. Salary $67,483 | Date Updated April 24, 2024 |
Location Leominster, MA | Avg. Salary $67,291 | Date Updated April 24, 2024 |
Location Malden, MA | Avg. Salary $71,637 | Date Updated April 24, 2024 |
Location Methuen, MA | Avg. Salary $68,250 | Date Updated April 24, 2024 |
Location Newton, MA | Avg. Salary $71,637 | Date Updated April 24, 2024 |
Location Revere, MA | Avg. Salary $71,637 | Date Updated April 24, 2024 |
Location Weymouth, MA | Avg. Salary $69,783 | Date Updated April 24, 2024 |
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 Processing Supervisor, the first career path typically progresses to Loan Processing Assistant Manager.
Additionally, the second career path typically progresses to Loan Processing Manager.
Salary.com's CompAnalyst platform offers:
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Job Title Claims Processing Supervisor - Healthcare | Experience 3 + | EducationHigh School | Salary Compared to This Job |
Job Title Data Processing Specialist II | Experience 1 - 3 | EducationHigh School | Salary Compared to This Job |
Job Title Data Processing Supervisor | Experience 3 + | EducationBachelors | Salary Compared to This Job |
Job Title Loan Processing Assistant Manager | Experience 3 - 5 | EducationBachelors | Salary Compared to This Job |
Job Title Loan Processing Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Loan Processing Supervisor salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Loan Processing Supervisor salary varies from category to category. Click below to see Loan Processing Supervisor salary in different categories.
About Massachusetts Massachusetts is the 7th-smallest state in the United States. It is located in the New England region of the northeastern United States and has an are....More
Skills associated with Loan Processing Supervisor: Loan Processing, Regulatory Reporting, Loan Software, Performance Metrics ...More
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