Lending Manager Salary in Worcester, Massachusetts

How much does a Lending Manager make in Worcester, MA?

As of April 01, 2025, the average annual salary for a Lending Manager in Worcester, MA is $110,917. Salary.com reports that pay typically ranges from $93,254 to $124,787, with most professionals earning between $77,173 and $137,415.

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Salary range for a Lending Manager

$93,254 to $124,787

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Lending Manager

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Job Openings for Lending Manager in Worcester, MA

What does a Lending Manager do?

Common responsibilities of a Lending Manager

Maintains knowledge of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP) and Office of Foreign Assets Control (OFAC) regulatory requirements.

October 26, 2022

Performs operational audits to ensure compliance with established policies and procedures, and for compliance with laws and regulations in preparation for audits and regulatory exams.

November 14, 2022

Develop and maintain effective relationships with internal business partners in each of the following areas, including Managing Directors, Directors and associates within BMO Capital Markets and US P&C Commercial, including Debt Capital Markets & Leveraged Finance, Corporate Banking, Loan Trading, US Corporate Finance Division, Diversified Industries, BMO Transportation Finance, Trade Finance, Trade Finance Operations, SAMU, Business Banking and Private Banking.

November 18, 2022

Assist in the development, implementation, and maintenance of annual compliance risk assessments, and assists with the creation of the compliance testing program, commensurate with the identified levels of risk.

March 02, 2023

Manage all phases of testing, including multiple simultaneous testing engagements across multiple testing portfolios, ensuring that testing engagements are completed within established timeframes and/or provide early escalation to anticipated delays to management.

March 13, 2023

Lead cross-functionally implementation by working directly with compliance, risk and marketing the strategy for consumer banking products with specific focus on increasing market share.

April 04, 2023

Provide deep knowledge and technical expertise to resolve complex customer inquiries and issues (including investigation and resolution), support process, product or technical design, and provide consultative services within PO and/or to internal business partners/ external customers.

April 24, 2023

Demonstrated relationship management skills and the ability to make connections to the greater strategy while collaborating with multiple business partners and senior leaders.

April 30, 2023

Actively participates with Commercial Lending support staff to ensure that all documentation is in place, applicable terms and conditions are adhered to, and required financial exhibit due dates are monitored, with exhibits received from customers in a timely manner.

May 04, 2023

Reviews and approves commercial credit packages exceeding individual officer lending authorities and works with the community or market president along with executive management and credit function for final approval on larger transactions.

May 15, 2023

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Lending Manager Salary By Experience Levels in Worcester, MA

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Lending Manager Salary By Level of Education in Worcester, MA

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Lending Manager in Worcester, MA

Average Base Salary

Core compensation

93254

124787

110917

Average Total Cash Compensation

Includes base and annual incentives

101484

144559

124711

What is the average salary for Lending Manager in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Lending Manager in Worcester, MA. The base salary for Lending Manager ranges from $93,254 to $124,787 with the average base salary of $110,917. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $101,484 to $144,559 with the average total cash compensation of $124,711.

View Average Salary for Lending Manager as table

	Average Salary	Average Salary Range
Base Salary	$110,917	$93,254 - $124,787
Bonus	$13,794	$8,230 - $19,772
Total Pay	$124,711	$101,484 - $144,559

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Lending Manager Salary Near Worcester, MA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Worcester, MA
CITY, STATE Leominster, MA	AVERAGE SALARY RANGE $93,050 - $124,513	COMPARE TO Worcester, MA
CITY, STATE Fitchburg, MA	AVERAGE SALARY RANGE $93,975 - $125,751	COMPARE TO Worcester, MA
CITY, STATE Framingham, MA	AVERAGE SALARY RANGE $95,949 - $128,393	COMPARE TO Worcester, MA
CITY, STATE Newton, MA	AVERAGE SALARY RANGE $99,177 - $132,712	COMPARE TO Worcester, MA
CITY, STATE Woonsocket, RI	AVERAGE SALARY RANGE $92,063 - $123,193	COMPARE TO Worcester, MA
CITY, STATE Medford, MA	AVERAGE SALARY RANGE $99,177 - $132,712	COMPARE TO Worcester, MA

See salaries for Lending Manager in locations close to Worcester, MA. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Worcester, Massachusetts

Worcester has a total area of 38.6 square miles (100 km2), 37.6 square miles (97 km2) of land and 1.0 square mile (2.6 km2) (roughly 2.59%) of water. Worcester is bordered by the towns of Auburn, Grafton, Holden, Leicester, Millbury, Paxton, Shrewsbury, and West Boylston. Worcester is known as the Heart of the Commonwealth, because of its proximity to the center of Massachusetts. The city is about 40 miles (64 km) west of Boston, 50 miles (80 km) east of Springfield, and 38 miles (61 km) northwest of Providence, Rhode Island. The Blackstone River forms in the center of Worcester by the conflue...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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JOB TITLE Consumer Lending Senior Manager	LOCATION Worcester, MA	MINIMUM SALARY $113,829	MAXIMUM SALARY $138,607
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JOB TITLE Mortgage Lending Branch Manager	LOCATION Worcester, MA	MINIMUM SALARY $103,533	MAXIMUM SALARY $125,102
JOB TITLE Mortgage Lending Assistant Manager	LOCATION Worcester, MA	MINIMUM SALARY $78,966	MAXIMUM SALARY $105,043
JOB TITLE Construction Lending Manager	LOCATION Worcester, MA	MINIMUM SALARY $140,100	MAXIMUM SALARY $187,900
JOB TITLE Credit Manager - Lending	LOCATION Worcester, MA	MINIMUM SALARY $141,443	MAXIMUM SALARY $159,923

The Lending Manager job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Worcester, MA that might be a good fit for the type of job and salary you are looking for.

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