As of January 01, 2025, the average annual salary for a LOAN OPERATIONS SPECIALIST in Schenectady, NY is $54,109. According to Salary.com, salaries can range from a low of $41,614 to a high of $71,823, with most professionals earning between $47,569 and $63,381.
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A LOAN OPERATIONS SPECIALIST is responsible for managing the administrative and operational tasks related to loan processing and servicing. This includes reviewing loan applications, verifying documentation, and ensuring compliance with regulations and internal policies. They also handle loan disbursements, payments, and account maintenance, as well as resolving any issues or discrepancies that may arise. Additionally, they may assist with customer inquiries and provide support to loan officers and other team members. Strong attention to detail, organizational skills, and knowledge of loan processing procedures and regulations are essential for this role.
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| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $54,109 | $47,569 - $63,381 |
| Bonus | $2,036 | $1,454 - $2,879 |
| Total Pay | $56,146 | $49,023 - $66,260 |
| CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Schenectady, NY |
|---|---|---|
| CITY, STATE Albany, NY | AVERAGE SALARY RANGE $47,701 - $63,557 | COMPARE TO Schenectady, NY |
| CITY, STATE Troy, NY | AVERAGE SALARY RANGE $47,682 - $63,532 | COMPARE TO Schenectady, NY |
| CITY, STATE Nassau, NY | AVERAGE SALARY RANGE $51,673 - $68,849 | COMPARE TO Schenectady, NY |
| CITY, STATE Bennington, VT | AVERAGE SALARY RANGE $47,532 - $63,332 | COMPARE TO Schenectady, NY |
| CITY, STATE Pittsfield, MA | AVERAGE SALARY RANGE $47,986 - $63,937 | COMPARE TO Schenectady, NY |
| CITY, STATE Rutland, VT | AVERAGE SALARY RANGE $46,702 - $62,226 | COMPARE TO Schenectady, NY |
| JOB TITLE | LOCATION | MINIMUM SALARY | MAXIMUM SALARY |
|---|---|---|---|
| JOB TITLE Loan Operations Specialist I | LOCATION Schenectady, NY | MINIMUM SALARY $52,197 | MAXIMUM SALARY $66,712 |
| JOB TITLE Manager, Loan Operations | LOCATION Schenectady, NY | MINIMUM SALARY $146,869 | MAXIMUM SALARY $218,396 |
| JOB TITLE Loan Operations Analyst | LOCATION Schenectady, NY | MINIMUM SALARY $51,151 | MAXIMUM SALARY $64,126 |
| JOB TITLE Loan Operations Officer | LOCATION Schenectady, NY | MINIMUM SALARY $76,351 | MAXIMUM SALARY $108,469 |
| JOB TITLE Loan Operations Assistant | LOCATION Schenectady, NY | MINIMUM SALARY $41,424 | MAXIMUM SALARY $51,682 |
| JOB TITLE Loan Operations Representative | LOCATION Schenectady, NY | MINIMUM SALARY $42,746 | MAXIMUM SALARY $52,624 |
About Schenectady, New York Schenectady (/skəˈnɛktədi/) is a city in Schenectady County, New York, United States, of which it is the county seat. As of the 2010 census, the city....More
Schenectady, New York area prices were up 1.5% from a year ago
LOAN OPERATIONS SPECIALIST Salary in popular cities: New York, Buffalo, Rochester
Recently searched related titles: Commercial Loan Documentation, Commercial Banking Assistant, Commercial Lines Processor
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
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