Closing manager vs part-time key manager

The differences between closing managers and part-time key managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a closing manager and a part-time key manager. Additionally, a part-time key manager has an average salary of $72,750, which is higher than the $60,249 average annual salary of a closing manager.

The top three skills for a closing manager include customer service, cleanliness and escrow. The most important skills for a part-time key manager are customer service, quality customer service, and store associates.

Closing manager vs part-time key manager overview

	Closing Manager	Part-Time Key Manager
Yearly salary	$60,249	$72,750
Hourly rate	$28.97	$34.98
Growth rate	6%	6%
Number of jobs	107,728	386,614
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 42%	Bachelor's Degree, 39%
Average age	43	43
Years of experience	6	6

What does a closing manager do?

A Closing Manager communicates and interacts with performance teams, Quality Review teams, and other managers to ensure staffing needs match the profit, loss, and capacity plan. They confirm that all team members meet the required work expectation quality. In addition to setting and managing production and work quality expectations, Closing Managers also use positive reinforcement, recognition, and team building activities to encourage and lead staff to success. They also control and send daily production email messages with current production issues, production tips, and more.

What does a part-time key manager do?

A part-time key manager is a senior manager employed to work part-time. Key managers are hired for their expertise and experience for business development and growth to increase revenues, production, and profits. Part-time key managers are also responsible for recruiting the right talent to implement and attain the set targets. Part-time key managers may cover for full-time key managers or assist them in their roles.

Closing manager vs part-time key manager salary

Closing managers and part-time key managers have different pay scales, as shown below.

	Closing Manager	Part-Time Key Manager
Average salary	$60,249	$72,750
Salary range	Between $33,000 And $108,000	Between $46,000 And $114,000
Highest paying City	New York, NY	-
Highest paying state	Rhode Island	-
Best paying company	Better	-
Best paying industry	-	-

Differences between closing manager and part-time key manager education

There are a few differences between a closing manager and a part-time key manager in terms of educational background:

	Closing Manager	Part-Time Key Manager
Most common degree	Bachelor's Degree, 42%	Bachelor's Degree, 39%
Most common major	Business	Business
Most common college	SUNY College of Technology at Delhi	SUNY College of Technology at Delhi

Closing manager vs part-time key manager demographics

Here are the differences between closing managers' and part-time key managers' demographics:

	Closing Manager	Part-Time Key Manager
Average age	43	43
Gender ratio	Male, 47.0% Female, 53.0%	Male, 34.4% Female, 65.6%
Race ratio	Black or African American, 9.4% Unknown, 4.7% Hispanic or Latino, 16.9% Asian, 6.4% White, 61.9% American Indian and Alaska Native, 0.7%	Black or African American, 9.4% Unknown, 4.7% Hispanic or Latino, 17.1% Asian, 6.4% White, 61.7% American Indian and Alaska Native, 0.7%
LGBT Percentage	9%	9%

Differences between closing manager and part-time key manager duties and responsibilities

Closing manager example responsibilities.

Manage shipping and delivering loans to FNMA.
Manage MERS registration of new loans, all transfers after purchase and QC for MERS.
Manage escrow and title operations staff and organize responsibilities.
Company originated/sold loans under guidelines of FNMA, FHLMC, FHA, VA, USDA and state bond programs.
Work closely with the on-site FNMA account managers.
Review in house originate residential loans for RESPA compliance.

Part-time key manager example responsibilities.

Promote and manage restaurant organization, cleanliness and sanitation
Supervise operations of grocery store, manage payroll and security.
Presume management duties when store manage and assistant managers are unavailable-Unloaded merchandise from freight trucks-Reset monthly schematics per corporate blueprint
Complete managerial duties, including processing payroll bi-weekly, performing all cash handling responsibilities, and monitoring loss prevention efforts.
Count, balance and reconcile daily business transaction totals on paper and record information into POS system.
Cashier in POS system, balance registers daily, maintains awareness of all sales, promotions and ringing procedures.

Closing manager vs part-time key manager skills

Common closing manager skills

Customer Service, 22%
Cleanliness, 16%
Escrow, 4%
Performance Reviews, 3%
Food Quality, 3%
POS, 3%

Common part-time key manager skills

Customer Service, 31%
Quality Customer Service, 12%
Store Associates, 12%
Product Knowledge, 5%
Cleanliness, 5%
Necessary Paperwork, 4%

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Closing Manager
Closing Manager vs Part-Time Key Manager

Updated January 8, 2025

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