Home > Salary > Australia > Loan Operations Specialist
A loan operations specialist is responsible for managing the operational aspects of loan processing within a financial institution. They ensure that loan applications are accurately processed, documentation is complete, and loan disbursements are made in a timely manner. Their duties include reviewing loan documents, verifying borrower information, coordinating with loan officers and underwriters, and maintaining loan files. They also handle loan servicing activities, such as processing payments, updating loan information, and resolving any issues related to loan accounts. Additionally, loan operations specialists may assist in preparing reports, conducting audits, and ensuring compliance with regulatory requirements.
Estimated Yearly Salary: 84,696 AUD
Estimated Monthly Salary: 7,058 AUD
Estimated Weekly Salary: 1,629 AUD per week
Estimated Hourly Salary: 41 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 6,807 AUD
Estimated Weekly Salary: 1,571 AUD per week
Estimated Hourly Salary: 39 AUD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 42,351 USD
Estimated Monthly Salary: 3,529 USD
Estimated Weekly Salary: 814 USD per week
Estimated Hourly Salary: 20 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 84,696 AUD
Estimated Monthly Salary: 7,058 AUD
Estimated Weekly Salary: 1,629 AUD per week
Estimated Hourly Salary: 41 AUD per hour
By working as Loan Operations Specialist a person can save up to 1,112 USD per month or 13,345 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.
Estimated Yearly Salary for Loan Operations Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Loan Operations Specialist salary in Australia
Average Yearly Salary of Loan Operations Specialist in Australia is approximately 84,696 AUD (42,351 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 Loan Operations Specialist do?
A loan operations specialist is responsible for managing the operational aspects of loan processing within a financial institution. They ensure that loan applications are accurately processed, documentation is complete, and loan disbursements are made in a timely manner. Their duties include reviewing loan documents, verifying borrower information, coordinating with loan officers and underwriters, and maintaining loan files. They also handle loan servicing activities, such as processing payments, updating loan information, and resolving any issues related to loan accounts. Additionally, loan operations specialists may assist in preparing reports, conducting audits, and ensuring compliance with regulatory requirements.
Skills: loan operations, loan processing, loan documentation, loan servicing, financial institution, compliance.
Job industry: Banking
Job industry: Banking
How much does Loan Operations Specialist make?
Salary details
How much does Loan Operations Specialist make?Estimated Yearly Salary: 84,696 AUD
Estimated Monthly Salary: 7,058 AUD
Estimated Weekly Salary: 1,629 AUD per week
Estimated Hourly Salary: 41 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 81,678 AUDEstimated Monthly Salary: 6,807 AUD
Estimated Weekly Salary: 1,571 AUD per week
Estimated Hourly Salary: 39 AUD per hour
Last revision of data: 2024-01-03Loan Operations Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 42,351 USD
Estimated Monthly Salary: 3,529 USD
Estimated Weekly Salary: 814 USD per week
Estimated Hourly Salary: 20 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
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Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Loan Operations Specialist job salary compared to average salary in Australia.
Comparison shows that a person working as Loan Operations Specialist in Australia earns on average:
1.01 times the average salary (or 101% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Loan Operations Specialist job salary compared to average salary in Australia.
Comparison shows that a person working as Loan Operations Specialist in Australia earns on average:
1.01 times the average salary (or 101% of average salary).
Is Loan Operations Specialist a well paid job?
Yes, our data show that Loan Operations Specialist 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 Loan Operations Specialist?
High salary for Loan Operations Specialist would be somewhere between 93,166 AUD and 122,809 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Operations Specialist 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: 84,696 AUD
Estimated Monthly Salary: 7,058 AUD
Estimated Weekly Salary: 1,629 AUD per week
Estimated Hourly Salary: 41 AUD per hour
By working as Loan Operations Specialist a person can save up to 1,112 USD per month or 13,345 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 Loan Operations Specialist
Indonesia is 7,411 USD
East Timor is 31,363 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 Australia
(1,263,730 AUD per year, pre-tax.)
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4. Neurosurgeon
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8. Oncologist
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10. Plastic surgeon
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Data as of 2025Random salary:
Water maintenance worker (46,116 AUD per year, pre-tax.)
Bill account collector (46,116 AUD per year, pre-tax.)
Medicinal chemist (228,481 AUD per year, pre-tax.)
Director of program management human services (85,537 AUD per year, pre-tax.)
Casino pit manager (67,686 AUD per year, pre-tax.)
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