How much does a Loan Servicing Manager make in the United States? The average Loan Servicing Manager salary in the United States is $82,256 as of September 27, 2021, but the range typically falls between $69,044 and $98,199. 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 Servicing Manager manages the loan servicing function to deliver efficient collections, escrow, and cashiering operations. Establishes processes and procedures to maintain accuracy and completeness of required documentation. Being a Loan Servicing Manager sets operating performance metrics and standards for speed, quality, and customer service. Oversees the preparation of reporting for internal departments and external agencies. Additionally, Loan Servicing Manager coordinates audit requests and processes. Develops training and communication mechanisms that inform the team of regulatory requirements and updates. Typically requires a bachelor's degree. Typically reports to a senior manager or head of a unit/department. The Loan Servicing Manager 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. To be a Loan Servicing Manager 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. (Copyright 2021 Salary.com)... View full job description
PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and iZettle products. The company's Payments Platform allows consumer... More
PAYPAL HOLDINGS INC
Fiscal Year Ended in 2020
What does a Loan Servicing Manager do?
Loan Servicing Manager in Defiance, OH
Creates an atmosphere in which upward communication from employees is encouraged.
February 16, 2021
Performs tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.
March 06, 2021
Determines work procedures, prepares work schedules, and expedites work flow.
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Servicing Manager in the United States. The base salary for Loan Servicing Manager ranges from $69,044 to $98,199 with the average base salary of $82,256. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $72,097 to $107,318 with the average total cash compensation of $87,545.