Home > Salary > Cameroon > Consumer Loan Manager
A consumer loan manager is responsible for overseeing and managing the consumer loan department of a financial institution. They are responsible for evaluating loan applications, determining creditworthiness, and making lending decisions. Consumer loan managers also develop and implement loan policies and procedures, ensuring compliance with regulatory requirements. They work closely with loan officers and underwriters to ensure efficient loan processing and excellent customer service. Additionally, they monitor loan portfolio performance, identify potential risks, and implement strategies to mitigate those risks. Strong analytical skills, knowledge of lending regulations, and excellent communication skills are essential for success in this role.
Estimated Yearly Salary: 1,297,477 XAF
Estimated Monthly Salary: 108,123 XAF
Estimated Weekly Salary: 24,951 XAF per week
Estimated Hourly Salary: 624 XAF per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 104,544 XAF
Estimated Weekly Salary: 24,126 XAF per week
Estimated Hourly Salary: 603 XAF per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 2,002 USD
Estimated Monthly Salary: 167 USD
Estimated Weekly Salary: 39 USD per week
Estimated Hourly Salary: 1 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: 1,297,477 XAF
Estimated Monthly Salary: 108,123 XAF
Estimated Weekly Salary: 24,951 XAF per week
Estimated Hourly Salary: 624 XAF per hour
By working as Consumer Loan Manager a person can save up to 100 USD per month or 1,205 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 Cameroon, see costs of living in Cameroon.
Estimated Yearly Salary for Consumer Loan Manager
Last revision of data: 2025-01-04
Data as of 2025
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Consumer Loan Manager salary in Cameroon
Average Yearly Salary of Consumer Loan Manager in Cameroon is approximately 1,297,477 XAF (2,002 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 Consumer Loan Manager do?
A consumer loan manager is responsible for overseeing and managing the consumer loan department of a financial institution. They are responsible for evaluating loan applications, determining creditworthiness, and making lending decisions. Consumer loan managers also develop and implement loan policies and procedures, ensuring compliance with regulatory requirements. They work closely with loan officers and underwriters to ensure efficient loan processing and excellent customer service. Additionally, they monitor loan portfolio performance, identify potential risks, and implement strategies to mitigate those risks. Strong analytical skills, knowledge of lending regulations, and excellent communication skills are essential for success in this role.
Skills: consumer loan manager, lending decisions, loan portfolio management, risk mitigation, regulatory compliance, customer service
Job industry: Finance
Job industry: Finance
How much does Consumer Loan Manager make?
Salary details
How much does Consumer Loan Manager make?Estimated Yearly Salary: 1,297,477 XAF
Estimated Monthly Salary: 108,123 XAF
Estimated Weekly Salary: 24,951 XAF per week
Estimated Hourly Salary: 624 XAF per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,254,528 XAFEstimated Monthly Salary: 104,544 XAF
Estimated Weekly Salary: 24,126 XAF per week
Estimated Hourly Salary: 603 XAF per hour
Last revision of data: 2024-01-03Consumer Loan Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,002 USD
Estimated Monthly Salary: 167 USD
Estimated Weekly Salary: 39 USD per week
Estimated Hourly Salary: 1 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
Cameroon, located in Central Africa, is a diverse and culturally rich country. With a population of approximately 26 million people, it is one of the most populous nations on the continent. The country spans an area of around 475,440 square kilometers, making it slightly larger than Sweden.
Estimated national average yearly salary is 987,534 XAF (1,660 USD). Value indicated is pre-tax. Below graph shows estimated Consumer Loan Manager job salary compared to average salary in Cameroon.
Comparison shows that a person working as Consumer Loan Manager in Cameroon earns on average:
1.31 times the average salary (or 131% of average salary).
Estimated national average yearly salary is 987,534 XAF (1,660 USD). Value indicated is pre-tax. Below graph shows estimated Consumer Loan Manager job salary compared to average salary in Cameroon.
Comparison shows that a person working as Consumer Loan Manager in Cameroon earns on average:
1.31 times the average salary (or 131% of average salary).
Is Consumer Loan Manager a well paid job?
Yes, our data shows that Consumer Loan Manager 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 Consumer Loan Manager?
High salary for Consumer Loan Manager would be somewhere between 1,427,225 XAF and 1,881,342 XAF. However this is an estimation based on Gaussian Distribution.How much can you save working as Consumer Loan Manager in Cameroon?
Living in Cameroon the approximate monthly expenses are: 66 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: 1,297,477 XAF
Estimated Monthly Salary: 108,123 XAF
Estimated Weekly Salary: 24,951 XAF per week
Estimated Hourly Salary: 624 XAF per hour
By working as Consumer Loan Manager a person can save up to 100 USD per month or 1,205 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 Cameroon, see costs of living in Cameroon.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Nigeria, Chad, Central African Republic, Equatorial Guinea, Gabon, Congo, The Democratic Republic of the Congo.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Consumer Loan Manager
Nigeria is 6,205 USD
Congo is 2,905 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 Cameroon
(11,250,221 XAF per year, pre-tax.)
2. Cardiologist
(9,367,644 XAF per year, pre-tax.)
(9,012,293 XAF per year, pre-tax.)
(8,759,043 XAF per year, pre-tax.)
5. Neurosurgeon
(8,739,351 XAF per year, pre-tax.)
(8,552,704 XAF per year, pre-tax.)
(8,541,445 XAF per year, pre-tax.)
(8,537,195 XAF per year, pre-tax.)
(8,530,719 XAF per year, pre-tax.)
10. Urologist
(8,513,192 XAF per year, pre-tax.)
Data as of 2025Random salary:
Corporate secretary (1,264,162 XAF per year, pre-tax.)
Dental office coordinator (721,019 XAF per year, pre-tax.)
Sales representative industrial product (967,902 XAF per year, pre-tax.)
Energy engineer (1,513,961 XAF per year, pre-tax.)
Crushing grinding polishing machine setter operator tender (464,022 XAF per year, pre-tax.)
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