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Loan Operations Manager salary in Colombia

Average Yearly Salary of Loan Operations Manager in Colombia is approximately 40,175,152 COP (8,902 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 Manager do?

occupation personasA Loan Operations Manager is responsible for overseeing the loan processing and administration activities within a financial institution. They ensure that loan applications are processed efficiently, accurately, and in compliance with company policies and regulatory requirements. Their main duties include managing the loan operations team, monitoring loan portfolios, resolving customer inquiries and complaints, implementing loan processing procedures, and working closely with other departments to ensure smooth loan operations. This role requires strong analytical skills, attention to detail, and knowledge of loan products and processes. The Loan Operations Manager should have excellent communication and leadership abilities to effectively manage a team and collaborate with various stakeholders. They must also stay updated on industry regulations and market trends to ensure compliance and identify opportunities for process improvements.

Skills: Loan Operations Manager, Loan Processing, Loan Administration, Regulatory Compliance, Team Management, Financial Services
Job industry: Banking


How much does Loan Operations Manager make?

Salary details
How much does Loan Operations Manager make?
Estimated Yearly Salary: 40,175,152 COP
Estimated Monthly Salary: 3,347,929 COP
Estimated Weekly Salary: 772,599 COP per week
Estimated Hourly Salary: 19,315 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 38,748,618 COP
Estimated Monthly Salary: 3,229,052 COP
Estimated Weekly Salary: 745,166 COP per week
Estimated Hourly Salary: 18,629 COP per hour
Last revision of data: 2024-01-07



Loan Operations Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 8,902 USD
Estimated Monthly Salary: 742 USD
Estimated Weekly Salary: 171 USD per week
Estimated Hourly Salary: 4 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 Loan Operations Manager job salary compared to average salary in Colombia.
Comparison shows that a person working as Loan Operations Manager in Colombia earns on average:
1.49 times the average salary (or 149% of average salary).

Is Loan Operations Manager a well paid job?

Yes, our data shows that Loan Operations 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 Loan Operations Manager?

High salary for Loan Operations Manager would be somewhere between 44,192,667 COP and 58,253,970 COP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Loan Operations Manager 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: 40,175,152 COP
Estimated Monthly Salary: 3,347,929 COP
Estimated Weekly Salary: 772,599 COP per week
Estimated Hourly Salary: 19,315 COP per hour
By working as Loan Operations Manager a person can save up to 481 USD per month or 5,777 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 Loan Operations Manager

Ecuador is 8,626 USDdown arrow 3%
Details on Loan Operations Manager salary in Ecuador
Brazil is 11,151 USDup arrow 25%
Details on Loan Operations Manager 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

Random salary:
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Data analysis consultant (36,655,560 COP per year, pre-tax.)

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Please note:
The salary data presented here are meant for informational purposes solely.
The salary data presented here are meant for reference purposes solely. While we attempt to ensure correctness, we cannot guarantee all figures is flawless. Users are advised to research salary details with official sources before making important financial choices. Salary ranges may change due to negotiation, industry trends, and location. We disclaim responsibility for errors in the salary data displayed.
All salary data on optisalary.com are for informational purposes exclusively. We gather data from numerous reliable databases, yet do not ensure complete accuracy. Before making career choices, visitors should cross-check with additional verified sources. Salaries change due to several factors, including negotiation skills, industry demand, and experience levels. We deny any responsibility for misrepresentations in the salary information provided here. Your engagement with optisalary.com indicates agreement of this policy.