Home > Salary > Australia > Senior Loan Officer
A senior loan officer is responsible for managing the loan application process and ensuring the successful completion of loan transactions. They evaluate loan applications, review financial documents, and assess creditworthiness of borrowers. Senior loan officers also negotiate loan terms and conditions, including interest rates and repayment schedules, with clients. They provide guidance and advice to clients regarding various loan options and help them choose the most suitable one based on their financial goals and circumstances. Additionally, senior loan officers build and maintain relationships with clients, real estate agents, and other professionals in the industry to generate leads and expand their client base. They stay updated with market trends, lending regulations, and loan products to provide accurate information and excellent customer service.
Estimated Yearly Salary: 148,358 AUD
Estimated Monthly Salary: 12,363 AUD
Estimated Weekly Salary: 2,853 AUD per week
Estimated Hourly Salary: 71 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 11,966 AUD
Estimated Weekly Salary: 2,761 AUD per week
Estimated Hourly Salary: 69 AUD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 74,440 USD
Estimated Monthly Salary: 6,203 USD
Estimated Weekly Salary: 1,432 USD per week
Estimated Hourly Salary: 36 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: 148,358 AUD
Estimated Monthly Salary: 12,363 AUD
Estimated Weekly Salary: 2,853 AUD per week
Estimated Hourly Salary: 71 AUD per hour
By working as Senior Loan Officer a person can save up to 3,786 USD per month or 45,434 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 Senior Loan Officer
Last revision of data: 2025-01-04
Data as of 2025
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Senior Loan Officer salary in Australia
Average Yearly Salary of Senior Loan Officer in Australia is approximately 148,358 AUD (74,440 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 Officer do?
A senior loan officer is responsible for managing the loan application process and ensuring the successful completion of loan transactions. They evaluate loan applications, review financial documents, and assess creditworthiness of borrowers. Senior loan officers also negotiate loan terms and conditions, including interest rates and repayment schedules, with clients. They provide guidance and advice to clients regarding various loan options and help them choose the most suitable one based on their financial goals and circumstances. Additionally, senior loan officers build and maintain relationships with clients, real estate agents, and other professionals in the industry to generate leads and expand their client base. They stay updated with market trends, lending regulations, and loan products to provide accurate information and excellent customer service.
Skills: senior loan officer, loan application, credit evaluation, loan negotiation, financial guidance, client relationship management
Job industry: Finance
Job industry: Finance
How much does Senior Loan Officer make?
Salary details
How much does Senior Loan Officer make?Estimated Yearly Salary: 148,358 AUD
Estimated Monthly Salary: 12,363 AUD
Estimated Weekly Salary: 2,853 AUD per week
Estimated Hourly Salary: 71 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 143,594 AUDEstimated Monthly Salary: 11,966 AUD
Estimated Weekly Salary: 2,761 AUD per week
Estimated Hourly Salary: 69 AUD per hour
Last revision of data: 2024-01-07Senior Loan Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 74,440 USD
Estimated Monthly Salary: 6,203 USD
Estimated Weekly Salary: 1,432 USD per week
Estimated Hourly Salary: 36 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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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 Senior Loan Officer job salary compared to average salary in Australia.
Comparison shows that a person working as Senior Loan Officer in Australia earns on average:
1.76 times the average salary (or 176% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Senior Loan Officer job salary compared to average salary in Australia.
Comparison shows that a person working as Senior Loan Officer in Australia earns on average:
1.76 times the average salary (or 176% of average salary).
Is Senior Loan Officer a well paid job?
Yes, our data shows that Senior Loan Officer 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 Officer?
High salary for Senior Loan Officer would be somewhere between 163,194 AUD and 215,119 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior 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: 148,358 AUD
Estimated Monthly Salary: 12,363 AUD
Estimated Weekly Salary: 2,853 AUD per week
Estimated Hourly Salary: 71 AUD per hour
By working as Senior Loan Officer a person can save up to 3,786 USD per month or 45,434 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 Senior Loan Officer
Indonesia is 12,998 USD
East Timor is 55,407 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
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Data as of 2025Random salary:
Sales specialist (79,356 AUD per year, pre-tax.)
Infection control director (241,921 AUD per year, pre-tax.)
Development director public housing (70,710 AUD per year, pre-tax.)
Area ethnic and cultural studies teacher postsecondary (118,564 AUD per year, pre-tax.)
Electronic wirer (81,678 AUD per year, pre-tax.)
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optisalary.com offers salary estimates for informational purposes exclusively. While we collect data from multiple sources, we cannot ensure full accuracy. Users are advised to consult trusted platforms before making any career decisions. Salaries shift due to numerous factors, such as market demand, employer policies, and geographic location. We make no warranty regarding the correctness of the displayed salary data. Your continued access of this site confirms your understanding of these terms.