Newrez LLC CTO Salary | Comparably
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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
217
TOTAL
RATINGS
1795
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Newrez LLC CTO Salary

The average Newrez LLC CTO earns an estimated $189,995 annually. Newrez LLC's CTO compensation is $35,517 less than the US average for a CTO.

The Engineering Department at Newrez LLC earns $1,444 more on average than the Operations Department.

Last updated 3 months ago.

$61k
$107k
$154k
$200k
$5.20M
$189,995
Average Compensation
$189,995
avg. base

CTO Salaries at Newrez LLC

CTOs earn $23,987 more than Group Engineering Managers, and $12,337 less than Directors of Engineering.

Director of Engineering
$202k*
Group Engineering Manager
$166k*
Principal Engineer
$161k*
Engineering Manager
$157k*
Sales Engineer
$143k*
Lead Engineer
$140k*
Data Scientist
$133k*
Senior Developer
$129k*
Mobile Developer
$122k*
DevOps
$119k*
Senior QA
$117k*
QA
$88k*
Developer
$85k*
Jr Developer
$84k*
* estimated salary

Compensation at Newrez LLC by Department

The Engineering Department averages $1,444 more than the Operations Department, and $10,404 less than the Product Department

Product
$134,657 Avg. total comp.
+$10k
Engineering
$124,253 Avg. total comp.
Operations
$122,809 Avg. total comp.
-$1k

CTO Compensation by Gender (All Companies)

The average female CTO at companies similar size to Newrez LLC reported making $264,500, while the average male CTO at similar sized companies reported making $294,232.

CTO Compensation by Ethnicity (All Companies)

The average Hispanic or Latino CTO at companies similar size to Newrez LLC reported making $420,000, while the average African American/Black CTO at similar sized companies reported making $216,667.

How CTOs at Newrez LLC Rate Their Compensation

The majority of CTOs at Newrez LLC believe they're compensated fairly. 33% of CTOs at Newrez LLC say they receive annual bonuses, and the majority (39%) are not satisfied with their benefits. See more compensation ratings at Newrez LLC

Do you believe you're paid fairly?
51% Yes
51
Does your company give annual bonuses?
33% Yes
33
Are you satisfied with your Benefits?
39% Yes
39

See Newrez LLC CTO Salaries by City

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