Assistant Loan Officer salary in Australia

Average Yearly Salary of Assistant Loan Officer in Australia is approximately 79,341 AUD (39,639 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 Assistant Loan Officer do?

An assistant loan officer is responsible for supporting the loan officers in various tasks related to the loan application and approval process. They assist in gathering and verifying financial documents, conducting credit checks, and evaluating loan applications. Additionally, they may communicate with clients to clarify information, answer inquiries, and provide updates on the loan status. Assistant loan officers also assist in preparing loan packages, ensuring all necessary documentation is complete and accurate. They may be involved in coordinating loan closings, preparing loan agreements, and maintaining records of loan transactions. Attention to detail, strong organizational skills, and knowledge of lending regulations are essential for this role.

Skills: Loan processing, Financial analysis, Customer service, Loan documentation, Credit evaluation, Loan administration
Job industry: Banking

How much does Assistant Loan Officer make?

Difference in salary year over year or average salary increase is approximately 4 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Assistant Loan Officer a well paid job?

Yes, our data show that Assistant Loan Officer is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Assistant Loan Officer?

High salary for Assistant Loan Officer would be somewhere between 87,275 AUD and 115,044 AUD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Assistant Loan Officer in Australia?

Living in Australia the approximate monthly expenses are: 2,417 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: 79,341 AUD
Estimated Monthly Salary: 6,612 AUD
Estimated Weekly Salary: 1,526 AUD per week
Estimated Hourly Salary: 38 AUD per hour
By working as Assistant Loan Officer a person can save up to 886 USD per month or 10,633 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 Australia, see costs of living in Australia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Indonesia, Papua New Guinea, East Timor.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Assistant Loan Officer

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Australia

Data as of 2025

Random salary:
Data management consultant (231,858 AUD per year, pre-tax.)
Vocational evaluator (49,091 AUD per year, pre-tax.)
Director risk management risk control (180,143 AUD per year, pre-tax.)
Sales associate (29,752 AUD per year, pre-tax.)
Product development scientist (110,274 AUD per year, pre-tax.)

Feedback about these results