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Lending services manager vs asset manager

The differences between lending services managers and asset managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a lending services manager and an asset manager. Additionally, an asset manager has an average salary of $85,814, which is higher than the $85,258 average annual salary of a lending services manager.

The top three skills for a lending services manager include loan applications, loan portfolio and performance reviews. The most important skills for an asset manager are asset management, financial statements, and property management.

Lending services manager vs asset manager overview

Lending Services ManagerAsset Manager
Yearly salary$85,258$85,814
Hourly rate$40.99$41.26
Growth rate17%17%
Number of jobs110,19164,732
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 68%
Average age4646
Years of experience88

Lending services manager vs asset manager salary

Lending services managers and asset managers have different pay scales, as shown below.

Lending Services ManagerAsset Manager
Average salary$85,258$85,814
Salary rangeBetween $48,000 And $148,000Between $59,000 And $123,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Deutsche Bank
Best paying industry-Finance

Differences between lending services manager and asset manager education

There are a few differences between a lending services manager and an asset manager in terms of educational background:

Lending Services ManagerAsset Manager
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Lending services manager vs asset manager demographics

Here are the differences between lending services managers' and asset managers' demographics:

Lending Services ManagerAsset Manager
Average age4646
Gender ratioMale, 59.7% Female, 40.3%Male, 64.3% Female, 35.7%
Race ratioBlack or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 15.3% Asian, 8.3% White, 64.0% American Indian and Alaska Native, 0.3%Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.9% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between lending services manager and asset manager duties and responsibilities

Lending services manager example responsibilities.

  • Manage the execution of underwriting, portfolio analysis and account- base decision making in accordance with establish guidelines and processes.
  • Develop team of newly hire underwriters through transition from one origination channel and methodology to another.
  • Obtain new payroll clients and generate referrals by promoting value-base solutions that address specific business needs within a define geographical region.
  • Maintain organize work area and balance cash drawer and ATM on a daily basis.
  • Work directly with consumers as well as real estate agents, CPA's and attorneys.

Asset manager example responsibilities.

  • Manage and improve the processes require to support server end of life and normal windows patching processes.
  • Manage a pipeline of assets/projects through the project life cycle of short sale/deed in lieu of foreclosure through closing.
  • Manage and facilitate IRB investigations of report non-compliance and/or scientific misconduct.
  • Recognize for financial acumen, successfully managing invoicing, vendor accounts, reconciliations, and target reports.
  • Manage commercial and multifamily REO portfolio preparing property operating plans to enhance value and marketability of REO asset
  • Trade structured product securities for accounts manage by other portfolio managers base on economic conditions and the needs of specific portfolios.
  • Show more

Lending services manager vs asset manager skills

Common lending services manager skills
  • Loan Applications, 11%
  • Loan Portfolio, 5%
  • Performance Reviews, 5%
  • Credit Risk, 4%
  • Commercial Banking, 4%
  • Real Estate, 4%
Common asset manager skills
  • Asset Management, 20%
  • Financial Statements, 7%
  • Property Management, 7%
  • Customer Service, 6%
  • Oversight, 5%
  • Loan Portfolio, 5%

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