Home > Salary > Bolivia > Loan Servicing Manager
A loan servicing manager is responsible for overseeing the management and administration of loans within a financial institution. They ensure that all loan processes are carried out efficiently, accurately, and in compliance with relevant regulations. This role involves managing a team of loan servicing professionals, monitoring loan portfolios, reviewing loan documents, and resolving any issues or discrepancies that may arise. The loan servicing manager also collaborates with other departments such as underwriting, collections, and customer service to ensure seamless loan servicing operations. Strong analytical skills, attention to detail, and knowledge of loan servicing software are essential for this role. Effective communication and leadership abilities are also important to effectively manage the team and maintain strong relationships with clients and stakeholders.
Estimated Yearly Salary: 4,671 BOB
Estimated Monthly Salary: 389 BOB
Estimated Weekly Salary: 90 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 376 BOB
Estimated Weekly Salary: 87 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Last revision of data: 2024-02-12
Estimated Yearly Salary: 843 USD
Estimated Monthly Salary: 70 USD
Estimated Weekly Salary: 16 USD per week
Estimated Hourly Salary: 0 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: 4,671 BOB
Estimated Monthly Salary: 389 BOB
Estimated Weekly Salary: 90 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Our data indicates that by working as Loan Servicing Manager you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Bolivia, see costs of living in Bolivia.
Estimated Yearly Salary for Loan Servicing Manager
Last revision of data: 2025-01-04
Data as of 2025
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Loan Servicing Manager salary in Bolivia
Average Yearly Salary of Loan Servicing Manager in Bolivia is approximately 4,671 BOB (843 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 Servicing Manager do?
A loan servicing manager is responsible for overseeing the management and administration of loans within a financial institution. They ensure that all loan processes are carried out efficiently, accurately, and in compliance with relevant regulations. This role involves managing a team of loan servicing professionals, monitoring loan portfolios, reviewing loan documents, and resolving any issues or discrepancies that may arise. The loan servicing manager also collaborates with other departments such as underwriting, collections, and customer service to ensure seamless loan servicing operations. Strong analytical skills, attention to detail, and knowledge of loan servicing software are essential for this role. Effective communication and leadership abilities are also important to effectively manage the team and maintain strong relationships with clients and stakeholders.
Skills: Loan servicing, Managerial role, Loan administration, Compliance, Financial institution, Team management
Job industry: Finance
Job industry: Finance
How much does Loan Servicing Manager make?
Salary details
How much does Loan Servicing Manager make?Estimated Yearly Salary: 4,671 BOB
Estimated Monthly Salary: 389 BOB
Estimated Weekly Salary: 90 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 4,513 BOBEstimated Monthly Salary: 376 BOB
Estimated Weekly Salary: 87 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Last revision of data: 2024-02-12Loan Servicing Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 843 USD
Estimated Monthly Salary: 70 USD
Estimated Weekly Salary: 16 USD per week
Estimated Hourly Salary: 0 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
Compare salary to other countries
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Salary comparison to National average
Bolivia, located in South America, is a landlocked country bordered by Brazil, Paraguay, Argentina, Chile, and Peru. It has a population of approximately 11.6 million people and covers an area of about 1.1 million square kilometers. The country's diverse geography includes the Andes Mountains, the Amazon rainforest, and the vast Altiplano plateau.
Estimated national average yearly salary is 569 BOB (3,450 USD). Value indicated is pre-tax. Below graph shows estimated Loan Servicing Manager job salary compared to average salary in Bolivia.
Comparison shows that a person working as Loan Servicing Manager in Bolivia earns on average:
8.21 times the average salary (or 821% of average salary).
Estimated national average yearly salary is 569 BOB (3,450 USD). Value indicated is pre-tax. Below graph shows estimated Loan Servicing Manager job salary compared to average salary in Bolivia.
Comparison shows that a person working as Loan Servicing Manager in Bolivia earns on average:
8.21 times the average salary (or 821% of average salary).
Is Loan Servicing Manager a well paid job?
Yes, our data shows that Loan Servicing Manager is an extremely well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Loan Servicing Manager?
High salary for Loan Servicing Manager would be somewhere between 5,138 BOB and 6,773 BOB. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Servicing Manager in Bolivia?
Living in Bolivia the approximate monthly expenses are: 138 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: 4,671 BOB
Estimated Monthly Salary: 389 BOB
Estimated Weekly Salary: 90 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Our data indicates that by working as Loan Servicing Manager you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Bolivia, see costs of living in Bolivia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Peru, Brazil, Paraguay, Argentina, Chile. 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 Servicing Manager
Brazil is 11,048 USD
Argentina is 15,741 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 Bolivia
(35,917 BOB per year, pre-tax.)
2. Cardiologist
(30,031 BOB per year, pre-tax.)
(28,915 BOB per year, pre-tax.)
4. Neurosurgeon
(28,102 BOB per year, pre-tax.)
(27,971 BOB per year, pre-tax.)
6. Oncologist
(27,454 BOB per year, pre-tax.)
(27,431 BOB per year, pre-tax.)
(27,421 BOB per year, pre-tax.)
(27,374 BOB per year, pre-tax.)
10. Urologist
(27,316 BOB per year, pre-tax.)
Data as of 2025Random salary:
Senior business systems analyst (5,274 BOB per year, pre-tax.)
Ssd firmware engineer (6,360 BOB per year, pre-tax.)
Director dance (3,309 BOB per year, pre-tax.)
Administrative assistant (1,821 BOB per year, pre-tax.)
Job development specialist (2,407 BOB per year, pre-tax.)
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Please note:This website offers salary estimates for informational purposes exclusively.
Salary details presented on this website are intended for informational use only. Our data is sourced through multiple inputs and may not necessarily be accurate. Users must cross-reference salary information independently before making financial commitments. The figures listed here may fluctuate due to factors such as location, industry standards, and individual skill sets. We cannot guarantee that the data displayed is flawless. By accessing this website, you accept that salary information is presented 'as is' and without warranties.
Salary details displayed on this website are intended for reference use exclusively. Our data is sourced through multiple inputs and may not always be accurate. Users must verify salary information independently before making financial decisions. The figures shown here may fluctuate due to variables such as location, industry standards, and individual skill sets. We cannot guarantee that the data provided is error-free. By using this website, you agree that salary information is offered 'as is' and without assurances.