Consumer Lending Director Salary in Worcester, Massachusetts

Consumer Lending Director Salary in Worcester, MA

How much does a Consumer Lending Director make in Worcester, MA? The average Consumer Lending Director salary in Worcester, MA is $201,491 as of March 26, 2024, but the range typically falls between $167,432 and $231,674. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Consumer Lending Director Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Consumer Lending Director Salary $136,424 Worcester,MA March 26, 2024
25th Percentile Consumer Lending Director Salary $167,432 Worcester,MA March 26, 2024
50th Percentile Consumer Lending Director Salary $201,491 Worcester,MA March 26, 2024
75th Percentile Consumer Lending Director Salary $231,674 Worcester,MA March 26, 2024
90th Percentile Consumer Lending Director Salary $259,155 Worcester,MA March 26, 2024
25% $167,432 10% $136,424 90% $259,155 75% $231,674 $201,491 50%(Median) Didn’t find job title? Click
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Commercial Lending Operations Director

Enterprise Bank - Lowell, MA

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Indirect Lending Specialist (Consumer Loan Processor)

Leominster Credit Union - Leominster, MA

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Consumer Lending Manager

Harvard University - Cambridge, MA

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Job Description for Consumer Lending Director

Consumer Lending Director directs the consumer loan department of a financial institution or other organization. Oversees the research, development, communication, and implementation of consumer lending policies. Being a Consumer Lending Director analyzes lending data to identify risks, trends, and areas for improvement. Ensures lending volume and profit goals are met. Additionally, Consumer Lending Director develops a productive staff with training and coaching. Monitors compliance with federal and state lending regulations. Requires a bachelor's degree. Typically reports to senior management. The Consumer Lending Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Consumer Lending Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Consumer Lending Director in Worcester, MA
  • Webster Bank - Boston, MA
    Job Summary. A Business Development Officer/Asset Base Lending will be responsible for sourcing, negotiating and closing new Asset Based Lending opportunit...
    - Just Posted
  • Enterprise Bank - Lowell, MA
    We are Hiring. Commercial Lending Operations Director - Lowell. At Enterprise Bank, we take the value of our community footprint seriously. Our customers c...
    - 2 Days Ago
  • Leominster Credit Union - Leominster, MA
    Position Summary:The Indirect Lending Specialist processes Indirect Lending loan applications, opens new membership savings accounts, and coordinates infor...
    - Just Posted
  • Harvard University - Cambridge, MA
    Additional Qualifications and Skills. Strong understanding of state and federal banking statutes and compliance requirements. Must be able to work in the v...
    - 3 Days Ago
  • Alkermes - Waltham, MA
    Job Description. The Director will be responsible for the strategy and execution of Consumer Marketing activities supporting ARISTADA. This includes Direct...
    - 2 Days Ago
Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC PROPERTIES INC
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Consumer Lending Director Pay Difference by Location

Consumer Lending Director salary varies from city to city. Compared with national average salary of Consumer Lending Director, the highest Consumer Lending Director salary is in San Francisco, CA, where the Consumer Lending Director salary is 25.0% above. The lowest Consumer Lending Director salary is in Miami, FL, where the Consumer Lending Director salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Average Base Salary

Core compensation

 
 
 
167432
231674
201491

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
194176
300756
244411
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Consumer Lending Director in Worcester, MA. The base salary for Consumer Lending Director ranges from $167,432 to $231,674 with the average base salary of $201,491. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $194,176 to $300,756 with the average total cash compensation of $244,411.
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167432
231674

 

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About Worcester, Massachusetts    Worcester has a total area of 38.6 square miles (100 km2), 37.6 square miles (97 km2) of land and 1.0 square mile (2.6 km2) (roughly 2.59%) of water. ....More

Worcester, Massachusetts  area prices were up 1.6% from a year ago    View the Cost of Living in Worcester, Massachusetts

Consumer Lending Director Salary in popular cities: Boston, Springfield, Lowell

Skills associated with Consumer Lending Director: Loan Authorization, Loan Software, Risk Analysis, Loan Origination ...More

Salary estimation for Consumer Lending Director at companies like : Sarah Greenwood Elementary School, JB Evans Correctional Center, Atlanta Communities