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The median expected salary for a typical Mortgage Operations Manager
in the United States is $115,898. This basic
market pricing report was prepared using our Certified Compensation Professionals'
analysis of survey data collected from thousands of HR departments at employers
of all sizes, industries and geographies.
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Source: HR Reported data as of May 2013
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Job Description for Mortgage Operations Manager
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Manages and directs the daily activities of the mortgage operations department. Responsible for all lending functions, which may include sales, funding, processing, and closing. Responsible for the productivity and budgetary performance of the operations department. Ensures efficient delivery of products and services to clients. Develops and implements polices and procedures. Requires a bachelor's degree or its equivalent with at least 7 years experience in the field or in a related area. Familiar with a variety of the field's concepts, practices, and procedures. Relies on experience and judgment to plan and accomplish goals. Performs a variety of complicated tasks. A wide degree of creativity and latitude is expected. Leads and directs the work of others. Typically reports to a senior manager or head of a unit/department.
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Alternate Job Titles: Manager of Mortgage Operations, Mortgage Operations Manager
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