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Lending services manager vs finance manager

The differences between lending services managers and finance 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 a finance manager. Additionally, a finance manager has an average salary of $101,374, 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 a finance manager are financial analysis, CPA, and customer service.

Lending services manager vs finance manager overview

Lending Services ManagerFinance Manager
Yearly salary$85,258$101,374
Hourly rate$40.99$48.74
Growth rate17%17%
Number of jobs110,191125,345
Job satisfaction-5
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 66%
Average age4646
Years of experience88

Lending services manager vs finance manager salary

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

Lending Services ManagerFinance Manager
Average salary$85,258$101,374
Salary rangeBetween $48,000 And $148,000Between $71,000 And $144,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Barclays
Best paying industry-Finance

Differences between lending services manager and finance manager education

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

Lending Services ManagerFinance Manager
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Lending services manager vs finance manager demographics

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

Lending Services ManagerFinance Manager
Average age4646
Gender ratioMale, 59.7% Female, 40.3%Male, 60.0% Female, 40.0%
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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between lending services manager and finance 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.

Finance manager example responsibilities.

  • Manage the preparation of monthly reporting packs and board presentations with robust variance analysis, commentaries and forward looking KPIs.
  • Manage a team of sales persons, business managers, sales manager, A/R, A/P, and general managers.
  • Lead successful sales team and provide direct oversight on overall dealership business profitability.
  • Manage accounts payable/receivable, deposits, payroll preparation, purchasing and inventory management, liaison to accountant.
  • Oversee financial analysis, financial audits, G/L, A/R, A/P and fixed-asset accounting in accordance with GAAP standards.
  • Execute simple SQL queries to validate data in tables.
  • Show more

Lending services manager vs finance 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 finance manager skills
  • Financial Analysis, 7%
  • CPA, 7%
  • Customer Service, 6%
  • Hyperion, 4%
  • Financial Models, 4%
  • Strong Analytical, 4%

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