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Senior process operator vs senior loan processor

The differences between senior process operators and senior loan processors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a senior process operator, becoming a senior loan processor takes usually requires 4-6 years. Additionally, a senior loan processor has an average salary of $50,297, which is higher than the $37,847 average annual salary of a senior process operator.

The top three skills for a senior process operator include hand tools, safety standards and GMP. The most important skills for a senior loan processor are customer service, FHA, and va.

Senior process operator vs senior loan processor overview

Senior Process OperatorSenior Loan Processor
Yearly salary$37,847$50,297
Hourly rate$18.20$24.18
Growth rate-4%
Number of jobs51,11421,995
Job satisfaction--
Most common degreeBachelor's Degree, 30%Bachelor's Degree, 50%
Average age4645
Years of experience26

Senior process operator vs senior loan processor salary

Senior process operators and senior loan processors have different pay scales, as shown below.

Senior Process OperatorSenior Loan Processor
Average salary$37,847$50,297
Salary rangeBetween $29,000 And $48,000Between $33,000 And $75,000
Highest paying City-Baltimore, MD
Highest paying state-Hawaii
Best paying company-Accenture
Best paying industry-Professional

Differences between senior process operator and senior loan processor education

There are a few differences between a senior process operator and a senior loan processor in terms of educational background:

Senior Process OperatorSenior Loan Processor
Most common degreeBachelor's Degree, 30%Bachelor's Degree, 50%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Senior process operator vs senior loan processor demographics

Here are the differences between senior process operators' and senior loan processors' demographics:

Senior Process OperatorSenior Loan Processor
Average age4645
Gender ratioMale, 64.7% Female, 35.3%Male, 23.0% Female, 77.0%
Race ratioBlack or African American, 11.2% Unknown, 4.0% Hispanic or Latino, 20.2% Asian, 4.4% White, 59.6% American Indian and Alaska Native, 0.7%Black or African American, 9.1% Unknown, 4.6% Hispanic or Latino, 15.8% Asian, 6.3% White, 63.6% American Indian and Alaska Native, 0.5%
LGBT Percentage6%8%

Differences between senior process operator and senior loan processor duties and responsibilities

Senior process operator example responsibilities.

  • Manage distillation process to determine product specification compliance, and prepare unit for shutdown or turnaround process.
  • Follow strict GMP and GLP practices.
  • Move to the assembly department building electrical panels, installing electrical panels, installing various electrical devices on new centrifuges.
  • Help developed and revise ISO compliant standard operating procedures for production, maintenance and safety operations.

Senior loan processor example responsibilities.

  • Work knowledge of underwriting requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors.
  • Monitor compliance with the regulatory and secondary markets guidelines with FNMA, FHLMC, VA, FHA investors and PMI loans.
  • Process conforming, non-conforming, FHA, and VA files from the time of application to the day of funding.
  • Analyze all pertinent financial and credit data to determine the loan risk for bank, VA, and investor guidelines.
  • Process, close, and perform preliminary underwriting on conventional, FHA, and VA loans retail purchase and refinance.
  • Create charts and client files using calyx system.
  • Show more

Senior process operator vs senior loan processor skills

Common senior process operator skills
  • Hand Tools, 12%
  • Safety Standards, 11%
  • GMP, 10%
  • CIP, 10%
  • Production Equipment, 6%
  • Plant Operations, 6%
Common senior loan processor skills
  • Customer Service, 14%
  • FHA, 8%
  • Va, 8%
  • Property Appraisals, 6%
  • Calculate Income, 6%
  • Loan Applications, 6%

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