Consumer Loan Sales Specialist Salary in Lowell, MA

Consumer Loan Specialist - Average Salary $72,243

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Consumer Loan Manager - Average Salary $116,600

The Consumer Loan Manager ensures that application processing follows state, federal, and organizational policies and guidelines and that customers have accurate loan information and guidance about product options. Manages a team of consumer lending specialists in developing customer relationships, promoting consumer loan products, and attaining volume and profit goals. Being a Consumer Loan Manager coaches team members to promote a sales culture, improve selling techniques, and meet goals. Conducts team training on company products and services. In addition, Consumer Loan Manager may require a bachelor's degree. Typically reports to a head of a unit/department. The Consumer Loan 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. Working as a Consumer Loan 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.

Consumer Loan Collector III - Average Salary $57,017

Consumer Loan Collector III contacts customers who are delinquent in the repayment of their loans and obtains payments, commitment agreements or establishes a repayment plan. Follows set policies and procedures when determining a suitable collection solution. Being a Consumer Loan Collector III may train or coach less experienced staff in strategies to remedy delinquent accounts. Supervises, leads, directs, and trains lower level consumer loan collecting staff. Additionally, Consumer Loan Collector III requires a high school diploma or equivalent. Typically reports to a supervisor. The Consumer Loan Collector III works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Consumer Loan Collector III typically requires 3-5 years of related experience.

Consumer Loan Collector I - Average Salary $44,742

Consumer Loan Collector I contacts customers who are delinquent in the repayment of their loans and obtains payments, commitment agreements or establishes a repayment plan. Follows set policies and procedures when determining suitable collection solution. Being a Consumer Loan Collector I requires a high school diploma or its equivalent. Typically reports to a supervisor. The Consumer Loan Collector I may require 0-1 year of general work experience. Possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area.

Consumer Loan Collector II - Average Salary $49,416

Consumer Loan Collector II contacts customers who are delinquent in the repayment of their loans and obtains payments, commitment agreements or establishes a repayment plan. Follows set policies and procedures when determining suitable collection solution. Being a Consumer Loan Collector II requires a high school diploma or equivalent. Typically reports to a supervisor. The Consumer Loan Collector II works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Consumer Loan Collector II typically requires 1-3 years of related experience.