Home > Salary > Ecuador > Assistant Loan Officer
An 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.
Estimated Yearly Salary: 116,713,602 ECS
Estimated Monthly Salary: 9,726,134 ECS
Estimated Weekly Salary: 2,244,492 ECS per week
Estimated Hourly Salary: 56,112 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,397,752 ECS
Estimated Weekly Salary: 2,168,712 ECS per week
Estimated Hourly Salary: 54,218 ECS per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 4,126 USD
Estimated Monthly Salary: 344 USD
Estimated Weekly Salary: 79 USD per week
Estimated Hourly Salary: 2 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: 116,713,602 ECS
Estimated Monthly Salary: 9,726,134 ECS
Estimated Weekly Salary: 2,244,492 ECS per week
Estimated Hourly Salary: 56,112 ECS per hour
By working as Assistant Loan Officer a person can save up to 91 USD per month or 1,097 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 Ecuador, see costs of living in Ecuador.
Estimated Yearly Salary for Assistant Loan Officer
Last revision of data: 2025-01-04
Data as of 2025
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Assistant Loan Officer salary in Ecuador
Average Yearly Salary of Assistant Loan Officer in Ecuador is approximately 116,713,602 ECS (4,126 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?
An 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
Job industry: Banking
How much does Assistant Loan Officer make?
Salary details
How much does Assistant Loan Officer make?Estimated Yearly Salary: 116,713,602 ECS
Estimated Monthly Salary: 9,726,134 ECS
Estimated Weekly Salary: 2,244,492 ECS per week
Estimated Hourly Salary: 56,112 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 112,773,019 ECSEstimated Monthly Salary: 9,397,752 ECS
Estimated Weekly Salary: 2,168,712 ECS per week
Estimated Hourly Salary: 54,218 ECS per hour
Last revision of data: 2024-01-03Assistant Loan Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,126 USD
Estimated Monthly Salary: 344 USD
Estimated Weekly Salary: 79 USD per week
Estimated Hourly Salary: 2 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Assistant Loan Officer job salary compared to average salary in Ecuador.
Comparison shows that a person working as Assistant Loan Officer in Ecuador earns on average:
0.71 times the average salary (or 71% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Assistant Loan Officer job salary compared to average salary in Ecuador.
Comparison shows that a person working as Assistant Loan Officer in Ecuador earns on average:
0.71 times the average salary (or 71% 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 128,384,962 ECS and 169,234,723 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Assistant Loan Officer in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 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: 116,713,602 ECS
Estimated Monthly Salary: 9,726,134 ECS
Estimated Weekly Salary: 2,244,492 ECS per week
Estimated Hourly Salary: 56,112 ECS per hour
By working as Assistant Loan Officer a person can save up to 91 USD per month or 1,097 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 Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. 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
Colombia is 4,272 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 Ecuador
(1,855,980,438 ECS per year, pre-tax.)
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(1,492,481,780 ECS per year, pre-tax.)
4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
Fitness center manager (139,997,992 ECS per year, pre-tax.)
Ultrasound diagnostic (157,629,545 ECS per year, pre-tax.)
Sap bw analyst (242,017,397 ECS per year, pre-tax.)
Manager compensation (386,945,177 ECS per year, pre-tax.)
Certified coding associate (cca) (89,654,955 ECS per year, pre-tax.)
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