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Last updated: April 18, 2024
Manager Finance Company Salary
in Norfolk, Virginia
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$130,520 (USD)
Average Salary
$63/hr
Average Hourly
$10,964
Average Bonus
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Last updated: April 18, 2024
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Salary Recap
The average pay for a Manager Finance Company is $130,520 a year and $63 an hour in Norfolk, Virginia, United States. The average salary range for a Manager Finance Company is between $89,276 and $159,495. On average, a Bachelor's Degree is the highest level of education for a Manager Finance Company. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Norfolk, Virginia.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Salary Potential
Salary Potential
Estimated salary in 2029:
$146,608
5 Year Change:
12 %
Shift Differentials
Shift Differentials
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About Norfolk, Virginia
Norfolk Cost of Living Score:
Description:
Norfolk ( NOR-fuuk, locally NAW-fik) is an independent city in Virginia, United States. As of the 2020 census, Norfolk had a population of 238,005, making it the third-most populous city in Virginia after neighboring Virginia Beach and Chesapeake, and the 95th-most populous city in the nation. Norfolk holds a strategic position as the historical, urban, financial, and cultural center of the Hampton Roads region (sometimes called "Tidewater"), which has more than 1.8 million inhabitants and is the 37th-largest metropolitan area in the U.S., with ten cities.
Norfolk was incorporated in 1705. Bordered to the west by...
Job Summary
Description:
- Manages branch or office of financial institutions, such as commercial bank, credit union, finance company, mortgage company, savings bank, or trust company: directs and coordinates activities to implement institution policies, procedures, and practices concerning granting or extending lines of credit, commercial loans, real estate loans, and consumer credit loans.
- Directs, through subordinate supervisors, activities of workers engaged in implementing establishment services and performing such functions as collecting delinquent accounts, authorizing loans, or opening savings account.
- Establishes procedures for custody and control of assets, records, loan collateral, and securities to ensure safekeeping.
- Contacts customers and business, community, and civic organizations to promote goodwill and generate new business.
- May prepare financial and regulatory reports required by law, regulations, and board of directors.
- May examine, evaluate, and process loan applications.
- May recommend securities to board or corporate officers for institution investment.
- May talk to customers to resolve account problems.
- May interview and hire workers.
- May evaluate data pertaining to costs to plan budget.
- May plan and develop methods and procedures for carrying out activities of establishment.
- May be designated according to type of financial institution managed, as manager, branch bank; manager, commercial bank; manager, credit union; manager, finance company; manager, mortgage company; manager, savings bank; manager, trust c.
Manager Finance Company Job Listings for
No listings found
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Salary Recap
The average pay for a Manager Finance Company is $130,520 a year and $63 an hour in Norfolk, Virginia, United States. The average salary range for a Manager Finance Company is between $89,276 and $159,495. On average, a Bachelor's Degree is the highest level of education for a Manager Finance Company. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Norfolk, Virginia.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsJob Statistics
Manager Finance Company Job Prevalence in the United States
Job family: Financial Managers
Job family population: 740,780
Estimated population of Manager Finance Company jobs: 7,645
Rate of error: 1.2%
Take the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About Norfolk, Virginia
Norfolk Cost of Living Score:
Description:
Norfolk ( NOR-fuuk, locally NAW-fik) is an independent city in Virginia, United States. As of the 2020 census, Norfolk had a population of 238,005, making it the third-most populous city in Virginia after neighboring Virginia Beach and Chesapeake, and the 95th-most populous city in the nation. Norfolk holds a strategic position as the historical, urban, financial, and cultural center of the Hampton Roads region (sometimes called "Tidewater"), which has more than 1.8 million inhabitants and is the 37th-largest metropolitan area in the U.S., with ten cities.
Norfolk was incorporated in 1705. Bordered to the west by...
Job Summary
Description:
- Manages branch or office of financial institutions, such as commercial bank, credit union, finance company, mortgage company, savings bank, or trust company: directs and coordinates activities to implement institution policies, procedures, and practices concerning granting or extending lines of credit, commercial loans, real estate loans, and consumer credit loans.
- Directs, through subordinate supervisors, activities of workers engaged in implementing establishment services and performing such functions as collecting delinquent accounts, authorizing loans, or opening savings account.
- Establishes procedures for custody and control of assets, records, loan collateral, and securities to ensure safekeeping.
- Contacts customers and business, community, and civic organizations to promote goodwill and generate new business.
- May prepare financial and regulatory reports required by law, regulations, and board of directors.
- May examine, evaluate, and process loan applications.
- May recommend securities to board or corporate officers for institution investment.
- May talk to customers to resolve account problems.
- May interview and hire workers.
- May evaluate data pertaining to costs to plan budget.
- May plan and develop methods and procedures for carrying out activities of establishment.
- May be designated according to type of financial institution managed, as manager, branch bank; manager, commercial bank; manager, credit union; manager, finance company; manager, mortgage company; manager, savings bank; manager, trust c.
Manager Finance Company Job Listings for
No listings found
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast April 2024
Review compensation trends and get guidance on expected total salary increases for the upcoming year with ERI's National Compensation Forecast.
Read More
Planning Compensation Incentives That Maximize Workforce Engagement
Improve employee engagement and performance by implementing compensation incentive plans into your strategy.
Read More
Planning Global Compensation Budgets for 2024 - March Updated
Learn about global compensation trends and salary increases for 2024, so you can make more informed salary planning decisions.
Read More