Hourly Wage for Consumer Loan Manager Salary in the United States

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. (Copyright 2024 Salary.com)

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