How much does a Loan Servicing Manager make in the United States? The average Loan Servicing Manager salary in the United States is $85,028 as of October 27, 2022, but the range typically falls between $71,369 and $101,511. 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 2022 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 2021
What does a Loan Servicing Manager do?
Loan Servicing Manager in Florence, SC
We can quickly transform your consumer or auto loan and lease servicing operations performance by rapidly implementing one of our advanced consumer finance applications, with tailored features targeted to your specific objectives.
December 22, 2019
Loan Servicing Manager in Anaheim, CA
If you fall behind on your student loan payments or experience issues such as those listed in the box above, refer to the following steps.
December 03, 2019
Loan Servicing Manager in Dothan, AL
While many people in this position have risen through the ranks from simple clerks, the vast majority has at least 5 years of experience in either Consumer Loans or financing, and many have a four year degree from an accredited institution in Finance.
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Average Total Cash Compensation
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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 $71,369 to $101,511 with the average base salary of $85,028. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $74,527 to $110,938 with the average total cash compensation of $90,493.