Home > Salary > Ecuador > Lock Desk Manager
A lock desk manager is responsible for overseeing and managing the lock desk operations within a financial institution, typically within the mortgage department. They play a crucial role in ensuring the efficient and accurate pricing, locking, and delivery of mortgage loans. The lock desk manager works closely with loan officers, underwriters, and secondary market investors to ensure compliance with company policies and investor guidelines. They monitor interest rates, market conditions, and investor requirements to make informed decisions regarding loan pricing and lock durations. Additionally, they may be involved in managing rate lock extensions, renegotiations, and loan relocks. Strong analytical skills, attention to detail, and the ability to work under pressure are essential for this role.
Estimated Yearly Salary: 205,684,546 ECS
Estimated Monthly Salary: 17,140,379 ECS
Estimated Weekly Salary: 3,955,472 ECS per week
Estimated Hourly Salary: 98,887 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 16,526,755 ECS
Estimated Weekly Salary: 3,813,867 ECS per week
Estimated Hourly Salary: 95,347 ECS per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 7,252 USD
Estimated Monthly Salary: 604 USD
Estimated Weekly Salary: 139 USD per week
Estimated Hourly Salary: 3 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: 205,684,546 ECS
Estimated Monthly Salary: 17,140,379 ECS
Estimated Weekly Salary: 3,955,472 ECS per week
Estimated Hourly Salary: 98,887 ECS per hour
By working as Lock Desk Manager a person can save up to 352 USD per month or 4,223 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 Lock Desk Manager
Last revision of data: 2025-01-04
Data as of 2025
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Lock Desk Manager salary in Ecuador
Average Yearly Salary of Lock Desk Manager in Ecuador is approximately 205,684,546 ECS (7,252 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 Lock Desk Manager do?
A lock desk manager is responsible for overseeing and managing the lock desk operations within a financial institution, typically within the mortgage department. They play a crucial role in ensuring the efficient and accurate pricing, locking, and delivery of mortgage loans. The lock desk manager works closely with loan officers, underwriters, and secondary market investors to ensure compliance with company policies and investor guidelines. They monitor interest rates, market conditions, and investor requirements to make informed decisions regarding loan pricing and lock durations. Additionally, they may be involved in managing rate lock extensions, renegotiations, and loan relocks. Strong analytical skills, attention to detail, and the ability to work under pressure are essential for this role.
Skills: lock desk manager, mortgage industry, loan pricing, interest rates, secondary market, compliance
Job industry: Finance
Job industry: Finance
How much does Lock Desk Manager make?
Salary details
How much does Lock Desk Manager make?Estimated Yearly Salary: 205,684,546 ECS
Estimated Monthly Salary: 17,140,379 ECS
Estimated Weekly Salary: 3,955,472 ECS per week
Estimated Hourly Salary: 98,887 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 198,321,065 ECSEstimated Monthly Salary: 16,526,755 ECS
Estimated Weekly Salary: 3,813,867 ECS per week
Estimated Hourly Salary: 95,347 ECS per hour
Last revision of data: 2024-01-09Lock Desk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,252 USD
Estimated Monthly Salary: 604 USD
Estimated Weekly Salary: 139 USD per week
Estimated Hourly Salary: 3 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
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 Lock Desk Manager job salary compared to average salary in Ecuador.
Comparison shows that a person working as Lock Desk Manager in Ecuador earns on average:
1.26 times the average salary (or 126% 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 Lock Desk Manager job salary compared to average salary in Ecuador.
Comparison shows that a person working as Lock Desk Manager in Ecuador earns on average:
1.26 times the average salary (or 126% of average salary).
Is Lock Desk Manager a well paid job?
Yes, our data shows that Lock Desk 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 Lock Desk Manager?
High salary for Lock Desk Manager would be somewhere between 226,253,001 ECS and 298,242,592 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Lock Desk Manager 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: 205,684,546 ECS
Estimated Monthly Salary: 17,140,379 ECS
Estimated Weekly Salary: 3,955,472 ECS per week
Estimated Hourly Salary: 98,887 ECS per hour
By working as Lock Desk Manager a person can save up to 352 USD per month or 4,223 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 Lock Desk Manager
Colombia is 7,520 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.)
2. Cardiologist
(1,555,155,042 ECS per year, pre-tax.)
(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:
Hazardous waste shipper (138,362,367 ECS per year, pre-tax.)
Vice president (vp), regulatory affairs (641,666,887 ECS per year, pre-tax.)
Veterans service officer (127,661,914 ECS per year, pre-tax.)
Senior account clerk (105,560,000 ECS per year, pre-tax.)
Subsea engineer (266,077,204 ECS per year, pre-tax.)
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