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Loan Manager Jobs (NOW HIRING)

This is a Direct Hire Opportunity with the Client Must have experience managing teams, consumer loans, marketing/promoting product - like to find someone to assist in building up the consumer loan ...

New

Meets with dealership management to explain loan programs, generate loan volume and promote the credit union. ESSENTIAL FUNCTIONS AND BASIC DUTIES 1. Assumes responsibility for the development and ...

Job Summary and Position Objective The position of Construction Loan Manager (CLM) is responsible for processing construction closings and managing key aspects of the construction lending process. In ...

Perform various loan management functions including but not limited to: payments, payoff requests ... Other activities may be assigned by your manager. Qualifications/ Requirements: * Bachelor's degree ...

The Loan Closing Manager is a hands-on leader and key driver of the loan closing process, serving as both a functional expert and team manager. This role is responsible for overseeing daily loan ...

Our vertically integrated platform allows us to manage every step of the loan process in-house, ensuring speed, reliability, and an exceptional experience for our clients. Backed by a substantial ...

This Loan Production Manager role is designed to be the primary internal and external point of contact driving commercial loan applications from the point of application through preclosing.

Job Overview The Loan Administration Manager is responsible for overseeing all collateral administration and documentation functions within the loan servicing department. This individual ensures the ...

New

Position Purpose The Loan Closing Manager is primarily responsible for managing the closing process and staff responsible for closing of commercial, including SBA, and consumer loans either through ...

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Loan Manager information

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$39K

$93.4K

$195.5K

How much do loan manager jobs pay per year?

As of Aug 1, 2026, the average yearly pay for loan manager in the United States is $93,375.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,500.00 and $103,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Loan Manager, and why are they important?

To thrive as a Loan Manager, you need strong knowledge of lending regulations, risk assessment, and financial analysis, often supported by a degree in finance or business. Familiarity with loan origination systems, credit analysis software, and relevant certifications such as Certified Loan Officer are typically required. Excellent communication, leadership, and customer service skills help Loan Managers effectively guide teams and build client trust. These competencies are crucial for ensuring sound lending decisions, maintaining regulatory compliance, and delivering positive client experiences.

How much does a mortgage broker make on a $500,000 loan?

A mortgage broker typically earns a commission based on the loan amount, often around 0.5% to 1%, which would be $2,500 to $5,000 on a $500,000 loan. The exact commission can vary depending on the broker, lender, and loan specifics, and may include additional fees or bonuses for volume or performance.

What are Loan Managers?

Loan Managers are professionals responsible for overseeing the loan application and approval process at banks, credit unions, or other financial institutions. They evaluate borrowers’ creditworthiness, ensure compliance with relevant regulations, and manage the performance of existing loan portfolios. Loan Managers often supervise loan officers and work closely with clients to structure appropriate loan solutions. Their goal is to minimize risk while ensuring that clients receive timely and effective lending services.

What is the difference between Loan Manager vs Loan Officer?

AspectLoan ManagerLoan Officer
CredentialsTypically requires a mortgage or banking license, relevant experienceOften needs licensing, sales experience, and knowledge of loan products
Work EnvironmentSupervises loan staff, manages loan processes, oversees teamInteracts directly with clients, evaluates loan applications, sells loan products
Employer & IndustryBanking, mortgage companies, financial institutionsMortgage brokers, banks, credit unions

While both roles involve working with loans, a Loan Manager oversees the loan process and team, focusing on management and compliance. A Loan Officer interacts directly with clients, assessing their needs and selling loan products. Understanding these differences helps in choosing the right career path or job search focus.

What is the role of a loan manager?

A loan manager oversees the loan process, including evaluating applicants' creditworthiness, approving or denying loan applications, and ensuring compliance with lending policies. They often work with financial software and require strong analytical and communication skills to manage client relationships and documentation.

What jobs make $1,000,000 a year?

In the context of a Loan Manager, earning $1,000,000 annually is uncommon and typically associated with high-level executive roles such as Chief Executive Officers, Chief Financial Officers, or successful entrepreneurs in finance or related industries. These positions often require extensive experience, advanced degrees, and significant responsibility, and compensation may include salary, bonuses, and stock options. Most loan managers earn significantly less, with top executives in financial services reaching high seven- or eight-figure incomes.

What are some common challenges faced by Loan Managers in balancing client needs with regulatory compliance?

Loan Managers often encounter the challenge of meeting clients’ expectations for timely and flexible loan approvals while strictly adhering to internal policies and external regulations. Navigating complex documentation requirements, monitoring credit risk, and ensuring every loan process aligns with compliance standards requires keen attention to detail and strong communication skills. Additionally, Loan Managers frequently coordinate with underwriting, legal, and risk management teams to address potential issues and maintain a positive client experience. Staying updated on evolving regulations and adapting processes accordingly is essential for long-term success in this role.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 for a $500,000 loan. Compensation can also include a base salary and bonuses, depending on the employer and location. The total earnings vary based on experience, performance, and the specific lending environment.
More about Loan Manager jobs
What cities are hiring for Loan Manager jobs? Cities with the most Loan Manager job openings:
What are the most commonly searched types of Loan jobs? The most popular types of Loan jobs are:
Who are the top companies hiring for Loan Manager jobs? The top employers for Loan Manager jobs are:
What states have the most Loan Manager jobs? States with the most job openings for Loan Manager jobs include:
Infographic showing various Loan Manager job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 88% Full Time, 7% Part Time, and 4% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $93,375 per year, or $44.9 per hour.

Loan Manager

TAD PGS, Inc.

Parkville, MD • On-site

Other

Posted 2 days ago

New


Job description

This is a Direct Hire Opportunity with the Client


Must have experience managing teams, consumer loans, marketing/promoting product - like to find someone to assist in building up the consumer loan business.


The Lending Manager serves as the primary leader for lending sales, business development, portfolio growth, and strategic initiatives while partnering closely with executive leadership to ensure lending operations align with the credit union's mission, financial goals, and member service standards.

This role is ideal for a lending professional who is ready to take the next step in their leadership career and make a meaningful impact within a growing community-focused credit union.

Essential Responsibilities

Lending Production & Growth

  • Develop and execute strategies to increase consumer loan production and overall lending volume.
  • Improve the credit union's loan-to-share ratio through proactive business development efforts.
  • Identify opportunities to expand loan products and increase member engagement.
  • Build and maintain relationships with members, local businesses, dealerships, and community partners.
  • Monitor lending trends, market conditions, and competitive offerings to identify growth opportunities.

Leadership & Staff Development

  • Lead, coach, and mentor lending team members to improve performance and member service.
  • Foster a positive, collaborative, and results-oriented lending culture.
  • Establish individual and departmental performance goals.
  • Support employee development through training, coaching, and succession planning.
  • Promote accountability while encouraging professional growth.

Strategic Planning

  • Partner with the CEO, CFO, executive leadership team, and Board of Directors to support strategic lending initiatives.
  • Provide recommendations on lending policies, products, and growth opportunities.
  • Participate in long-range planning and organizational development efforts.
  • Evaluate potential future lending opportunities, including indirect lending, commercial lending, and new market segments.

Credit Quality & Risk Management

  • Ensure sound underwriting practices and adherence to established lending policies.
  • Monitor portfolio performance, delinquency trends, charge-offs, and risk indicators.
  • Collaborate with the Consumer Loan Supervisor to maintain consistency in underwriting and loan administration.
  • Recommend policy or process improvements to enhance loan quality and operational efficiency.
  • Ensure compliance with federal and state regulations governing consumer lending.

Operational Partnership

While the Consumer Loan Supervisor maintains responsibility for daily lending operations, workflow management, quality control, scheduling, and compliance monitoring, the Lending Manager provides oversight and leadership to ensure departmental goals are achieved.


Qualifications

Required

  • Bachelor's degree in Business Administration, Finance, Management, or related field, or equivalent experience.
  • Minimum of five years of progressive lending experience in a credit union, bank, or financial institution.
  • Minimum of two years of leadership, supervisory, or management experience.
  • Strong knowledge of consumer lending, underwriting, risk management, and regulatory compliance.
  • Proven ability to motivate teams and drive business results.
  • Excellent communication, coaching, and relationship-building skills.
  • Strong analytical and problem-solving abilities.

Preferred

  • Credit union experience.
  • Experience leading lending growth initiatives.
  • Familiarity with indirect lending programs and dealer relationships.
  • Commercial lending knowledge or experience.
  • CUNA, CCUE, or other lending-related certifications.