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Assistant Loan Officer salary in Colombia

Average Yearly Salary of Assistant Loan Officer in Colombia is approximately 19,276,533 COP (4,272 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?

occupation personasAn 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?

Salary details
How much does Assistant Loan Officer make?
Estimated Yearly Salary: 19,276,533 COP
Estimated Monthly Salary: 1,606,378 COP
Estimated Weekly Salary: 370,703 COP per week
Estimated Hourly Salary: 9,268 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 18,575,508 COP
Estimated Monthly Salary: 1,547,959 COP
Estimated Weekly Salary: 357,221 COP per week
Estimated Hourly Salary: 8,931 COP per hour
Last revision of data: 2024-01-05



Assistant Loan Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 4,272 USD
Estimated Monthly Salary: 356 USD
Estimated Weekly Salary: 82 USD per week
Estimated Hourly Salary: 2 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.

Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Assistant Loan Officer job salary compared to average salary in Colombia.
Comparison shows that a person working as Assistant Loan Officer in Colombia earns on average:
0.72 times the average salary (or 72% of average salary).

Is Assistant Loan Officer a well paid job?

No, our data shows that Assistant Loan Officer is typically not a well-paid job. The salary varies based on experience. Meaning that even though Assistant Loan Officer might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Assistant Loan Officer?

High salary for Assistant Loan Officer would be somewhere between 21,204,186 COP and 27,950,973 COP. However this is an estimation based on Gaussian Distribution.

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

Living in Colombia the approximate monthly expenses are: 260 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: 19,276,533 COP
Estimated Monthly Salary: 1,606,378 COP
Estimated Weekly Salary: 370,703 COP per week
Estimated Hourly Salary: 9,268 COP per hour
By working as Assistant Loan Officer a person can save up to 96 USD per month or 1,147 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 Colombia, see costs of living in Colombia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama.
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

Ecuador is 4,126 USDdown arrow 3%
Details on Assistant Loan Officer salary in Ecuador
Brazil is 5,307 USDup arrow 24%
Details on Assistant Loan Officer salary in Brazil
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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 Colombia

(306,660,307 COP per year, pre-tax.)
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(238,795,833 COP per year, pre-tax.)
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
(233,538,023 COP per year, pre-tax.)
(232,715,450 COP per year, pre-tax.)
(232,262,612 COP per year, pre-tax.)

Data as of 2025

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All salary figures on this website are for reference purposes exclusively. We gather data from numerous reliable databases, yet do not ensure complete accuracy. Before making financial choices, users should consult additional authoritative sources. Salaries change due to various influences, including negotiation skills, industry demand, and experience levels. We disclaim any liability for errors in the salary information provided here. Your use with this website constitutes acceptance of this disclaimer.
Salary details presented on this website are meant for informational use exclusively. Our data comes from multiple sources and may not always be accurate. Users should cross-reference salary information independently before making employment commitments. The figures shown here may change due to variables such as location, industry standards, and individual skill sets. We cannot guarantee that the data displayed is error-free. By accessing this website, you agree that salary information is offered 'as is' and without assurances.