Home > Salary > Algeria > Senior Loan Servicing Representative
A senior loan servicing representative is responsible for managing and overseeing the loan servicing process within a financial institution. They handle a variety of tasks, including reviewing loan documents, ensuring compliance with regulations, processing payments, and resolving customer inquiries or concerns. They also coordinate with other departments, such as underwriting and collections, to ensure smooth loan servicing operations.
This role requires excellent communication skills, attention to detail, and a strong understanding of loan products and processes. The senior loan servicing representative must be able to analyze complex loan data, interpret policies and guidelines, and make informed decisions. They should also possess problem-solving abilities to address any issues that may arise during the loan servicing process.
Estimated Yearly Salary: 2,941,153 DZD
Estimated Monthly Salary: 245,096 DZD
Estimated Weekly Salary: 56,561 DZD per week
Estimated Hourly Salary: 1,414 DZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 237,601 DZD
Estimated Weekly Salary: 54,831 DZD per week
Estimated Hourly Salary: 1,371 DZD per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 17,075 USD
Estimated Monthly Salary: 1,423 USD
Estimated Weekly Salary: 328 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 2,941,153 DZD
Estimated Monthly Salary: 245,096 DZD
Estimated Weekly Salary: 56,561 DZD per week
Estimated Hourly Salary: 1,414 DZD per hour
By working as Senior Loan Servicing Representative a person can save up to 863 USD per month or 10,355 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Estimated Yearly Salary for Senior Loan Servicing Representative
Last revision of data: 2025-01-04
Data as of 2025
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Senior Loan Servicing Representative salary in Algeria
Average Yearly Salary of Senior Loan Servicing Representative in Algeria is approximately 2,941,153 DZD (17,075 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Senior Loan Servicing Representative do?
A senior loan servicing representative is responsible for managing and overseeing the loan servicing process within a financial institution. They handle a variety of tasks, including reviewing loan documents, ensuring compliance with regulations, processing payments, and resolving customer inquiries or concerns. They also coordinate with other departments, such as underwriting and collections, to ensure smooth loan servicing operations.
This role requires excellent communication skills, attention to detail, and a strong understanding of loan products and processes. The senior loan servicing representative must be able to analyze complex loan data, interpret policies and guidelines, and make informed decisions. They should also possess problem-solving abilities to address any issues that may arise during the loan servicing process.
Skills: senior loan servicing representative, loan management, loan servicing, financial institution, customer service, compliance.
Job industry: Finance
Job industry: Finance
How much does Senior Loan Servicing Representative make?
Salary details
How much does Senior Loan Servicing Representative make?Estimated Yearly Salary: 2,941,153 DZD
Estimated Monthly Salary: 245,096 DZD
Estimated Weekly Salary: 56,561 DZD per week
Estimated Hourly Salary: 1,414 DZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,851,213 DZDEstimated Monthly Salary: 237,601 DZD
Estimated Weekly Salary: 54,831 DZD per week
Estimated Hourly Salary: 1,371 DZD per hour
Last revision of data: 2024-01-05Senior Loan Servicing Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 17,075 USD
Estimated Monthly Salary: 1,423 USD
Estimated Weekly Salary: 328 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Algeria, located in North Africa, is the largest country on the continent and the 10th largest in the world. It covers an area of approximately 2.38 million square kilometers. The population of Algeria is estimated to be around 44 million people. The country is known for its diverse landscapes, including the Sahara Desert, the Atlas Mountains, and the Mediterranean coastline.
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Senior Loan Servicing Representative job salary compared to average salary in Algeria.
Comparison shows that a person working as Senior Loan Servicing Representative in Algeria earns on average:
1.32 times the average salary (or 132% of average salary).
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Senior Loan Servicing Representative job salary compared to average salary in Algeria.
Comparison shows that a person working as Senior Loan Servicing Representative in Algeria earns on average:
1.32 times the average salary (or 132% of average salary).
Is Senior Loan Servicing Representative a well paid job?
Yes, our data shows that Senior Loan Servicing Representative is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Senior Loan Servicing Representative?
High salary for Senior Loan Servicing Representative would be somewhere between 3,235,268 DZD and 4,264,672 DZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Loan Servicing Representative in Algeria?
Living in Algeria the approximate monthly expenses are: 560 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 2,941,153 DZD
Estimated Monthly Salary: 245,096 DZD
Estimated Weekly Salary: 56,561 DZD per week
Estimated Hourly Salary: 1,414 DZD per hour
By working as Senior Loan Servicing Representative a person can save up to 863 USD per month or 10,355 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Tunisia, Libya, Niger, Mali, Mauritania, Western Sahara, Morocco. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Senior Loan Servicing Representative
Tunisia is 14,575 USD
Morocco is 18,235 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Algeria
(25,311,833 DZD per year, pre-tax.)
2. Cardiologist
(21,013,816 DZD per year, pre-tax.)
(20,364,684 DZD per year, pre-tax.)
4. Neurosurgeon
(19,663,767 DZD per year, pre-tax.)
(19,645,969 DZD per year, pre-tax.)
6. Oncologist
(19,276,089 DZD per year, pre-tax.)
7. Urologist
(19,266,856 DZD per year, pre-tax.)
(19,264,961 DZD per year, pre-tax.)
(19,152,386 DZD per year, pre-tax.)
(19,151,120 DZD per year, pre-tax.)
Data as of 2025Random salary:
Sap key user (4,039,204 DZD per year, pre-tax.)
Production manager theater (1,869,019 DZD per year, pre-tax.)
Regulatory affairs director (7,020,587 DZD per year, pre-tax.)
Bricklayer helper (1,498,951 DZD per year, pre-tax.)
Courier (1,558,592 DZD per year, pre-tax.)
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optisalary.com displays salary figures exclusively for informational use. While we endeavor for accuracy, we cannot guarantee the precision of all figures. Users should double-check salary details with official sources before making career-related decisions. Salary estimates may fluctuate based on numerous elements, such as company size, negotiation tactics, and industry demand. We assume no responsibility for errors in the pay figures provided. By using this website, you acknowledge that salary data is subject to change.