How much does a Loan Specialist make in New York, NY?
A Loan Specialist in New York, NY, earns an average yearly salary of $111,090. This role involves helping people get loans for homes, cars, and other needs. The salary can vary based on experience and the type of loans handled.
Most Loan Specialists earn between $52,273 and $173,182 each year. The lowest 10% make about $35,000, while the top 10% earn over $207,000. This range shows that with more experience, a Loan Specialist can earn a higher salary. Factors like the size of the company and the type of loans also affect earnings.
What are the highest paying cities for a Loan Specialist near New York, NY?

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Jacksonville, FL
Average Salary: $126,027
In Jacksonville, financial roles thrive with a mix of local banks and national firms. Companies like Wells Fargo and Chase offer opportunities to assist clients in securing loans. The city's growing economy provides a steady demand for skilled professionals.
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Los Angeles, CA
Average Salary: $121,004
Los Angeles offers a dynamic environment for those in the financial sector. With major banks like Bank of America and Citibank, specialists can help clients navigate the complexities of loans. The city's diverse economy ensures a steady flow of opportunities.
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San Francisco, CA
Average Salary: $114,867
San Francisco's tech-driven economy creates a unique setting for loan specialists. Companies like Goldman Sachs and JPMorgan Chase provide avenues for professionals to excel. The city's innovative spirit fosters a competitive yet rewarding job market.
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Dallas, TX
Average Salary: $113,519
Dallas is a hub for financial services, with prominent companies like Bank of America and Chase. Loan specialists here play a crucial role in helping clients achieve their financial goals. The city's strong economy offers numerous opportunities for career growth.
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Charlotte, NC
Average Salary: $110,879
Charlotte, known as the banking capital, offers a wealth of opportunities for loan specialists. Banks like Wells Fargo and Bank of America are major employers. The city's financial sector is robust, providing a stable and dynamic work environment.
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Boston, MA
Average Salary: $110,645
Boston's rich history in finance creates a vibrant job market for loan specialists. Companies like TD Bank and Citizens Bank offer roles that involve helping clients with their financial needs. The city's educational institutions also contribute to a skilled workforce.
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Phoenix, AZ
Average Salary: $103,910
Phoenix provides a growing market for loan specialists. With banks like Wells Fargo and U.S. Bank, professionals can find rewarding roles. The city's expanding economy offers many opportunities for those in the financial sector.
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Seattle, WA
Average Salary: $103,269
Seattle's tech and finance industries create a unique job market for loan specialists. Companies like Wells Fargo and U.S. Bank offer opportunities to assist clients. The city's innovative environment fosters a dynamic and rewarding career path.
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Houston, TX
Average Salary: $101,649
Houston's diverse economy offers many opportunities for loan specialists. Major banks like Chase and Bank of America provide roles that involve helping clients with their financial needs. The city's strong job market ensures steady demand for skilled professionals.
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San Jose, CA
Average Salary: $99,896
San Jose, at the heart of Silicon Valley, offers a unique setting for loan specialists. With companies like Wells Fargo and JPMorgan Chase, professionals can find rewarding roles. The city's tech-driven economy provides a dynamic and innovative job market.
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What are the best paying companies for a Loan Specialist in New York, NY?

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Natixis
Average Salary: $176,667
Natixis offers Loan Specialist jobs with a focus on investment and corporate banking. They operate in New York, NY, and other major financial hubs.
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MUFG
Average Salary: $163,000
MUFG, or Mitsubishi UFJ Financial Group, provides Loan Specialist roles with a strong emphasis on international banking. They have offices in New York, NY, and other global locations.
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Enterprise Community Partners
Average Salary: $150,000
Enterprise Community Partners offers Loan Specialist jobs with a focus on affordable housing. They operate in New York, NY, and other key cities across the U.S.
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Citi
Average Salary: $125,385
Citi offers Loan Specialist jobs with a wide range of opportunities in commercial and consumer banking. They have offices in New York, NY, and many other locations worldwide.
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Popular, Inc.
Average Salary: $113,125
Popular, Inc. provides Loan Specialist jobs with a focus on retail banking. They operate in New York, NY, and other areas in the U.S.
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Crowe LLP
Average Salary: $110,948
Crowe LLP offers Loan Specialist jobs with a focus on financial advisory and accounting services. They have offices in New York, NY, and other major cities.
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Metropolitan Commercial Bank
Average Salary: $91,250
Metropolitan Commercial Bank offers Loan Specialist jobs with a focus on commercial banking. They operate in New York, NY, and other key financial centers.
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Woori America Bank
Average Salary: $70,000
Woori America Bank provides Loan Specialist jobs with a focus on international banking services. They have offices in New York, NY, and other locations.
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PGMTEK
Average Salary: $60,000
PGMTEK offers Loan Specialist jobs with a focus on technology and innovation. They operate in New York, NY, and other tech-centric areas.
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Municipal Credit Union
Average Salary: $34,834
Municipal Credit Union provides Loan Specialist jobs with a focus on community banking. They operate in New York, NY, and other local areas.
What are the best paying Loan Specialist related jobs in New York, NY?

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Compliance Officer
Average Salary: $189,035
This role ensures that financial practices are legal and ethical. It works closely with loan officers and underwriters. Companies like JPMorgan Chase and Goldman Sachs offer these jobs.
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Commercial Loan Officer
Average Salary: $181,038
They assess and approve loans for businesses. This role involves analyzing financial statements. Citibank and Bank of America have these positions.
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Portfolio Manager
Average Salary: $163,930
They manage investment portfolios for clients. This role requires understanding market trends. Firms like Fidelity and BlackRock offer these jobs.
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Mortgage Loan Originator
Average Salary: $142,148
They help clients apply for home loans. This role involves explaining loan options. Companies like Chase and Wells Fargo offer these positions.
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Consumer Banker
Average Salary: $133,288
They provide banking services to individuals. This role involves building client relationships. Citibank and Bank of America offer these jobs.
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Underwriter
Average Salary: $130,085
They assess the risk of lending money. This role involves analyzing financial data. Companies like MetLife and AIG offer these positions.
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Risk Analyst
Average Salary: $126,588
They evaluate financial risks for companies. This role requires strong analytical skills. JPMorgan Chase and Goldman Sachs offer these jobs.
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Credit Counselor
Average Salary: $119,917
They help clients manage their debt. This role involves providing financial advice. Nonprofits and banks offer these positions.
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Fraud Analyst
Average Salary: $119,399
They detect and prevent fraudulent activities. This role involves reviewing transactions. Companies like American Express and Visa offer these jobs.
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Credit Analyst
Average Salary: $111,992
They assess the creditworthiness of individuals and companies. This role involves analyzing financial statements. Citibank and Bank of America offer these positions.
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