Newrez LLC Jr Product Manager 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
211
TOTAL
RATINGS
1735
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Newrez LLC Jr Product Manager Salary

The average Newrez LLC Jr Product Manager earns an estimated $90,451 annually, which includes an estimated base salary of $83,226 with a $7,226 bonus. Newrez LLC's Jr Product Manager compensation is $5,690 more than the US average for a Jr Product Manager. Jr Product Manager salaries at Newrez LLC can range from $50,000 - $135,000.

The Product Department at Newrez LLC earns $10,404 more on average than the Engineering Department.

Last updated 2 months ago.

$20k
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$80k
$168k
$241k
$300k
$90,451
Average Compensation
$83,226
avg. base
$7,226
avg. bonus

Jr Product Manager Salaries at Newrez LLC

Jr Product Managers earn $3,236 more than Jr Product Managers, and $29,528 less than Product Managers.

Director of Product
$192k*
Group Product Manager
$182k*
Senior Product Manager
$158k*
Product Manager
$120k*
Jr Product Manager
$87k*
* estimated salary

Compensation at Newrez LLC by Department

The Product Department averages $10,404 more than the Engineering Department, and $7,828 less than the Legal Department

Legal
$142,485 Avg. total comp.
+$8k
Product
$134,657 Avg. total comp.
Engineering
$124,253 Avg. total comp.
-$10k

Jr Product Manager Compensation by Gender (All Companies)

The average female Jr Product Manager at companies similar size to Newrez LLC reported making $80,877, while the average male Jr Product Manager at similar sized companies reported making $100,529.

Jr Product Manager Compensation by Ethnicity (All Companies)

The average Asian or Pacific Islander Jr Product Manager at companies similar size to Newrez LLC reported making $92,582, while the average African American/Black Jr Product Manager at similar sized companies reported making $76,293.

How Jr Product Managers at Newrez LLC Rate Their Compensation

The majority of Jr Product Managers at Newrez LLC believe they're compensated fairly. 33% of Jr Product 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
51
Does your company give annual bonuses?
33% Yes
33
Are you satisfied with your Benefits?
40% Yes
40

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