Newrez LLC Claimed Company

Newrez LLC (Newrez) is a leading nationwide mortgage lender and servicer. As a lender, Newrez focuses on offering a breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology into an unparalleled customer experience. Founded in 2008 and licensed to lend in 50 states, Newrez is headquartered in Fort Washington, Pennsylvania and operates multiple lending channels, including Correspondent Lending, Wholesale, Direct-to-Consumer, Retail, and a network of joint venture partners. Newrez’s servicing business consists of its performing loan servicing division, Newrez Servicing, and its special servicing division, Shellpoint Mortgage Servicing. Newrez also has several affiliates that perform various services in the mortgage and real estate industries. These include Avenue 365 Lender Services, LLC, a title agency, and E Street Appraisal Management LLC, an appraisal management company. Newrez is member of the New Residential read more

EMPLOYEE PARTICIPANTS: 205

TOTAL RATINGS: 1685

CEO: Baron Silverstein

HR or Marketing? Claim Your Free Employer Account

Newrez LLC Operations Manager Salaries in Houston

The average Newrez LLC Operations Manager in Houston earns an estimated $98,100 annually, which includes an estimated base salary of $87,100 with a $11,000 bonus. Newrez LLC's Operations Manager compensation is $14,920 less than the US average for a Operations Manager. Operations Manager salaries at Newrez LLC in Houston can range from $75,000 - $115,000.

In Houston, The Operations Department at Newrez LLC earns $4,266 more on average than the Engineering Department.

Last updated a month ago.

$21k

$43k

$64k

$85k

$68.95M

$98,100

Average Compensation

$87,100: avg. base

$11,000: avg. bonus

Operations Manager Salaries at Newrez LLC

In Houston, Operations Managers earn $5,652 more than Operations Managers, and $67,251 less than Directors of Operations.

Director of Operations

$165k*

Operations Manager

$92k*

Business Analyst

$74k*

Office Manager

$63k*

* estimated salary

Compensation at Newrez LLC by Department

In Houston, The Operations Department averages $4,266 more than the Engineering Department, and $12,362 less than the Product Department

Product

$134,657 Avg. total comp.

+$12k

Operations

$122,295 Avg. total comp.

Engineering

$118,029 Avg. total comp.

-$4k

Operations Manager Compensation by Gender (All Companies)

The average female Operations Manager at companies similar size to Newrez LLC reported making $98,278, while the average male Operations Manager at similar sized companies reported making $107,464.

Operations Manager Compensation by Ethnicity (All Companies)

The average Asian or Pacific Islander Operations Manager at companies similar size to Newrez LLC reported making $123,936, while the average African American/Black Operations Manager at similar sized companies reported making $81,343.

How Operations Managers at Newrez LLC Rate Their Compensation

The majority of Operations Managers at Newrez LLC believe they're compensated fairly. 33% of Operations Managers at Newrez LLC say they receive annual bonuses, and the majority (40%) are not satisfied with their benefits. See more compensation ratings at Newrez LLC

Do you believe you're paid fairly?

51% Yes

Does your company give annual bonuses?

33% Yes

Are you satisfied with your Benefits?

40% Yes

Operations Manager Salaries at Similar Size Companies in Houston

Rate your company