How much does a Loan Processing Supervisor make in Irvington, NJ? The average Loan Processing Supervisor salary in Irvington, NJ is $72,010 as of February 26, 2024, but the range typically falls between $61,826 and $81,162. 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. 

Loan Processing Supervisor Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Processing Supervisor Salary $52,554 Irvington,NJ February 26, 2024
25th Percentile Loan Processing Supervisor Salary $61,826 Irvington,NJ February 26, 2024
50th Percentile Loan Processing Supervisor Salary $72,010 Irvington,NJ February 26, 2024
75th Percentile Loan Processing Supervisor Salary $81,162 Irvington,NJ February 26, 2024
90th Percentile Loan Processing Supervisor Salary $89,495 Irvington,NJ February 26, 2024
25% $61,826 10% $52,554 90% $89,495 75% $81,162 $72,010 50%(Median) Didn’t find job title? Click
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What skills does a Loan Processing Supervisor 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.

Fintech: Integrating software technologies and applications to improve and automate the delivery and use of financial operations to consumers.

3.

Quality Control: Developing and implementing a set of procedures intended to maintain the quality of a product and reduce any risks or errors.

Customer Service 8.65%
Fintech 1.92%
Quality Control 1.92%
Others 87.51%

Job Description for Loan Processing Supervisor

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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Job Openings for Loan Processing Supervisor in Irvington, NJ

Career Path for Loan Processing Supervisor

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.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
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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Loan Processing Supervisor salary varies from city to city. Compared with national average salary of Loan Processing Supervisor, the highest Loan Processing Supervisor salary is in San Francisco, CA, where the Loan Processing Supervisor salary is 25.0% above. The lowest Loan Processing Supervisor salary is in Miami, FL, where the Loan Processing Supervisor salary is 2.9% 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
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Loan Processing Supervisor, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
61826
81162
72010

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
64524
89940
75746
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Processing Supervisor in Irvington, NJ. The base salary for Loan Processing Supervisor ranges from $61,826 to $81,162 with the average base salary of $72,010. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $64,524 to $89,940 with the average total cash compensation of $75,746.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

61826
81162

 

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How much should you be paid?

About Irvington, New Jersey    Irvington is a township in Essex County, New Jersey, United States. As of the 2010 United States Census, the township had a total population of 53,926....More

Irvington, New Jersey  area prices were up 1.6% from a year ago    View the Cost of Living in Irvington, New Jersey

Loan Processing Supervisor Salary in popular cities: NewarkJersey CityPaterson

Skills associated with Loan Processing Supervisor: Loan Processing, Performance Metrics, Quality Assurance Process, Regulatory Reporting ...More

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