Loan Processing Manager Salaries in Toronto, ON
Alternate Job Titles: Consumer Loan Processing Manager
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How much does a Loan Processing Manager in Toronto, ON make? The median annual Loan Processing Manager salary in Toronto, ON is C$120,576, as of June 25, 2026, with a range usually between C$101,537-C$132,884 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Loan Processing Manager may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Loan Processing Manager in Toronto, ON.
This chart describes the expected percentage of people who perform the job of Loan Processing Manager in Toronto, Ontario that make less than that annual salary. For example the median expected annual pay for a typical Loan Processing Manager in Toronto, ON is C$120,576, so 50% of the people who perform the job of Loan Processing Manager in Toronto, ON are expected to make less than C$120,576.
Source: HR Reported data as of June 25, 2026
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This chart describes the expected percentage of people who perform the job of Loan Processing Manager in Toronto, ON that make less than that salary. For example 50% of the people who perform the job of Loan Processing Manager in Toronto, ON are expected to make less than the median.
Source: HR Reported data as of June 25, 2026
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Manages loan processing operations to ensure efficient handling of loan applications and compliance with lending policies and regulatory standards. Develops and implements procedures that govern document verification, file preparation, and workflow management across the loan processing function. Monitors and supports loan processing supervisors and staff by establishing performance goals, monitoring productivity, and maintaining service quality. Collaborates with underwriting, credit, and compliance teams to streamline processes and address regulatory or documentation requirements. Analyzes processing performance metrics and implements improvements to enhance turnaround times, accuracy, and borrower satisfaction. May require a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. View full job description
View Banking Jobs by Salary Range: <$30K, $30K–$50K, $50K–$80K, $80K–$100K, >$100K
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- Loan Processing Manager Salaries with a High School Diploma or Technical Certificate
- Loan Processing Manager Salaries with an Associate's Degree
- Loan Processing Manager Salaries with a Bachelor's Degree
- Loan Processing Manager Salaries with a Master's Degree or MBA
- Loan Processing Manager Salaries with a JD, MD, PhD or Equivalent
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