Newrez LLC Senior Product Manager Salary | Comparably
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
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Newrez LLC Senior Product Manager Salary

The average Newrez LLC Senior Product Manager earns an estimated $162,404 annually, which includes an estimated base salary of $140,411 with a $21,994 bonus. Newrez LLC's Senior Product Manager compensation is $8,433 more than the US average for a Senior Product Manager. Senior Product Manager salaries at Newrez LLC can range from $80,000 - $260,000.

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

Last updated a month ago.

$50k
$84k
$117k
$150k
$255k
$375k
$464k
$162,404
Average Compensation
$140,411
avg. base
$21,994
avg. bonus

Senior Product Manager Salaries at Newrez LLC

Senior Product Managers earn $4,300 more than Senior Product Managers, and $19,996 less than Group 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

Senior Product Manager Compensation by Gender (All Companies)

The average female Senior Product Manager at companies similar size to Newrez LLC reported making $153,279, while the average male Senior Product Manager at similar sized companies reported making $159,665.

Senior Product Manager Compensation by Ethnicity (All Companies)

The average Asian or Pacific Islander Senior Product Manager at companies similar size to Newrez LLC reported making $163,000, while the average Native American Senior Product Manager at similar sized companies reported making $135,000.

How Senior Product Managers at Newrez LLC Rate Their Compensation

The majority of Senior Product Managers at Newrez LLC believe they're compensated fairly. 33% of Senior Product Managers 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

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