How much does a Loan Review Manager make in New York, NY? The average Loan Review Manager salary in New York, NY is $149,800 as of April 24, 2024, but the range typically falls between $129,137 and $175,358. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Loan Review Manager Salary | $110,325 | New York,NY | April 24, 2024 |
25th Percentile Loan Review Manager Salary | $129,137 | New York,NY | April 24, 2024 |
50th Percentile Loan Review Manager Salary | $149,800 | New York,NY | April 24, 2024 |
75th Percentile Loan Review Manager Salary | $175,358 | New York,NY | April 24, 2024 |
90th Percentile Loan Review Manager Salary | $198,628 | New York,NY | 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.
Consulting: Providing technical or business expertise and advice to internal or external clients.
Loan Origination: Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process. Loan servicing covers everything after disbursing the funds until the loan is fully paid off. Loan origination is a specialized version of new account opening for financial services organizations. Certain people and organizations specialize in loan origination. Mortgage brokers and other mortgage originator companies serve as a prominent example. There are many different types of loans. For more information on loan types, see the loan and consumer lending articles. Steps involved in originating a loan vary by loan type, various kinds of loan risk, regulator, lender policy, and other factors.
Business Development: Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. Business development can be taken to mean any activity by either a small or large organization, non-profit or for-profit enterprise which serves the purpose of ‘developing’ the business in some way. In addition, business development activities can be done internally or externally by a business development consultant. External business development can be facilitated through Planning Systems, which are put in place by governments to help small businesses. In addition, reputation building has also proven to help facilitate business development.
Loan Review Manager directs and manages a team of loan review associates to ensure loans are in compliance with bank lending policies and risk guidelines. Provides guidance and input on highly complex, high value reviews. Being a Loan Review Manager may require a bachelor's degree. Typically reports to top management. The Loan Review Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Loan Review Manager typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)... View full job description
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Loan Review Manager salary varies from city to city. Compared with national average salary of Loan Review Manager, the highest Loan Review Manager salary is in San Francisco, CA, where the Loan Review Manager salary is 25.0% above. The lowest Loan Review Manager salary is in Miami, FL, where the Loan Review Manager salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Commercial Loan Review Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Review Officer I | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Review Officer II | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Review Officer III | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Review Officer IV | Experience 10 + | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Loan Review Manager salary of your education level.
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About New York, New York The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estim....More
New York, New York area prices were up 1.6% from a year ago View the Cost of Living in New York, New York
Loan Review Manager Salary in popular cities: Buffalo, Rochester, Yonkers
Skills associated with Loan Review Manager: Internal Controls, Lending Regulatory Compliance, Risk Assessment, Risk Analysis ...More
Salary estimation for Loan Review Manager at companies like : Debra Reinhard, The Authority Development Company LLC, MAITC Council