How much does a Loan Review Manager make in Missouri? The average Loan Review Manager salary in Missouri is $121,671 as of February 26, 2024, but the range typically falls between $104,888 and $142,435. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Loan Review Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Review Manager Salary $89,607 MO February 26, 2024
25th Percentile Loan Review Manager Salary $104,888 MO February 26, 2024
50th Percentile Loan Review Manager Salary $121,671 MO February 26, 2024
75th Percentile Loan Review Manager Salary $142,435 MO February 26, 2024
90th Percentile Loan Review Manager Salary $161,339 MO February 26, 2024
25% $104,888 10% $89,607 90% $161,339 75% $142,435 $121,671 50%(Median) Didn’t find job title? Click
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What skills does a Loan Review Manager need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Consulting: Providing technical or business expertise and advice to internal or external clients.

2.

Loan Origination: Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process. Loan servicing covers everything after disbursing the funds until the loan is fully paid off. Loan origination is a specialized version of new account opening for financial services organizations. Certain people and organizations specialize in loan origination. Mortgage brokers and other mortgage originator companies serve as a prominent example. There are many different types of loans. For more information on loan types, see the loan and consumer lending articles. Steps involved in originating a loan vary by loan type, various kinds of loan risk, regulator, lender policy, and other factors.

3.

Business Development: Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. Business development can be taken to mean any activity by either a small or large organization, non-profit or for-profit enterprise which serves the purpose of ‘developing’ the business in some way. In addition, business development activities can be done internally or externally by a business development consultant. External business development can be facilitated through Planning Systems, which are put in place by governments to help small businesses. In addition, reputation building has also proven to help facilitate business development.

Consulting 13.8%
Loan Origination 2.15%
Business Development 1.53%
Others 82.52%

Job Description for Loan Review Manager

Loan Review Manager directs and manages a team of loan review associates to ensure loans are in compliance with bank lending policies and risk guidelines. Provides guidance and input on highly complex, high value reviews. Being a Loan Review Manager may require a bachelor's degree. Typically reports to top management. The Loan Review Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Loan Review Manager typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Review Manager in Missouri

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Location Avg. Salary Date Updated
Location Saint Peters, MO Avg. Salary $124,773 Date Updated February 26, 2024
Location Adrian, MO Avg. Salary $124,065 Date Updated February 26, 2024
Location Advance, MO Avg. Salary $124,704 Date Updated February 26, 2024
Location Agency, MO Avg. Salary $124,054 Date Updated February 26, 2024
Location Alba, MO Avg. Salary $118,345 Date Updated February 26, 2024
Location Albany, MO Avg. Salary $124,065 Date Updated February 26, 2024
Location Aldrich, MO Avg. Salary $118,345 Date Updated February 26, 2024
Location Alexandria, MO Avg. Salary $119,922 Date Updated February 26, 2024
Location Allendale, MO Avg. Salary $122,165 Date Updated February 26, 2024
Location Allenton, MO Avg. Salary $124,704 Date Updated February 26, 2024
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Loan Review Manager Salary in Missouri
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