Consumer Lending Director Salary in Newark, New Jersey

How much does a Consumer Lending Director make in Newark, NJ? The average Consumer Lending Director salary in Newark, NJ is $240,279 as of March 29, 2021, but the range typically falls between $197,550 and $312,034. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

About Newark, New Jersey    Newark (/ˈnjuːərk/,[24] locally /njʊərk/)[25] is the most populous city in the U.S. state of New Jersey and the seat of Essex County.[26] As one of th....More

Newark, New Jersey  area prices were up 1.6% from a year ago    View the Cost of Living in Newark, New Jersey

Job Description

Manages and directs all consumer loan functions. Ensures efficiency of loan financing and lending activities. Requires a bachelor's degree. Typically reports to top management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2021 Salary.com)

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Average Base Salary

Core compensation

 
 
 
197550
312034
240279

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
220465
427015
303080
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Consumer Lending Director in Newark, NJ. The base salary for Consumer Lending Director ranges from $197,550 to $312,034 with the average base salary of $240,279. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $220,465 to $427,015 with the average total cash compensation of $303,080.
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197550
312034

 

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Career Path for this job

  1. Down a level:

    Consumer Loan Area Manager


    Bachelor's Degree

  2. This Job:

    Consumer Lending Director


    Bachelor's Degree

  3. Up a level:

    Top Consumer Lending Executive


    Bachelor's Degree

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Job Openings for Consumer Lending Director in Newark, NJ