Home > Salary > Ghana > Loan Operations Specialist
A loan operations specialist is responsible for managing the operational aspects of loan processing within a financial institution. They ensure that loan applications are accurately processed, documentation is complete, and loan disbursements are made in a timely manner. Their duties include reviewing loan documents, verifying borrower information, coordinating with loan officers and underwriters, and maintaining loan files. They also handle loan servicing activities, such as processing payments, updating loan information, and resolving any issues related to loan accounts. Additionally, loan operations specialists may assist in preparing reports, conducting audits, and ensuring compliance with regulatory requirements.
Estimated Yearly Salary: 29,268 GHS
Estimated Monthly Salary: 2,439 GHS
Estimated Weekly Salary: 563 GHS per week
Estimated Hourly Salary: 14 GHS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,365 GHS
Estimated Weekly Salary: 546 GHS per week
Estimated Hourly Salary: 14 GHS per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 2,452 USD
Estimated Monthly Salary: 204 USD
Estimated Weekly Salary: 47 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: 29,268 GHS
Estimated Monthly Salary: 2,439 GHS
Estimated Weekly Salary: 563 GHS per week
Estimated Hourly Salary: 14 GHS per hour
By working as Loan Operations Specialist a person can save up to 64 USD per month or 772 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 Ghana, see costs of living in Ghana.
Estimated Yearly Salary for Loan Operations Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Paramedic supervisor (31,360 GHS per year, pre-tax.)
Clinical orthodontic technician (31,584 GHS per year, pre-tax.)
Underwriting account manager (38,808 GHS per year, pre-tax.)
Quality control manager printingpublishing (39,300 GHS per year, pre-tax.)
Sap coordinator (30,134 GHS per year, pre-tax.)
Loan Operations Specialist salary in Ghana
Average Yearly Salary of Loan Operations Specialist in Ghana is approximately 29,268 GHS (2,452 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 Specialist do?
A loan operations specialist is responsible for managing the operational aspects of loan processing within a financial institution. They ensure that loan applications are accurately processed, documentation is complete, and loan disbursements are made in a timely manner. Their duties include reviewing loan documents, verifying borrower information, coordinating with loan officers and underwriters, and maintaining loan files. They also handle loan servicing activities, such as processing payments, updating loan information, and resolving any issues related to loan accounts. Additionally, loan operations specialists may assist in preparing reports, conducting audits, and ensuring compliance with regulatory requirements.
Skills: loan operations, loan processing, loan documentation, loan servicing, financial institution, compliance.
Job industry: Banking
Job industry: Banking
How much does Loan Operations Specialist make?
Salary details
How much does Loan Operations Specialist make?Estimated Yearly Salary: 29,268 GHS
Estimated Monthly Salary: 2,439 GHS
Estimated Weekly Salary: 563 GHS per week
Estimated Hourly Salary: 14 GHS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 28,380 GHSEstimated Monthly Salary: 2,365 GHS
Estimated Weekly Salary: 546 GHS per week
Estimated Hourly Salary: 14 GHS per hour
Last revision of data: 2024-01-06Loan Operations Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,452 USD
Estimated Monthly Salary: 204 USD
Estimated Weekly Salary: 47 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Ghana is a country located in West Africa. It has a population of approximately 31 million people and covers an area of about 238,535 square kilometers. The country is bordered by Cote d'Ivoire to the west, Burkina Faso to the north, Togo to the east, and the Atlantic Ocean to the south.
Estimated national average yearly salary is 39,200 GHS (3,500 USD). Value indicated is pre-tax. Below graph shows estimated Loan Operations Specialist job salary compared to average salary in Ghana.
Comparison shows that a person working as Loan Operations Specialist in Ghana earns on average:
0.75 times the average salary (or 75% of average salary).
Estimated national average yearly salary is 39,200 GHS (3,500 USD). Value indicated is pre-tax. Below graph shows estimated Loan Operations Specialist job salary compared to average salary in Ghana.
Comparison shows that a person working as Loan Operations Specialist in Ghana earns on average:
0.75 times the average salary (or 75% of average salary).
Is Loan Operations Specialist a well paid job?
No, our data shows that Loan Operations Specialist is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Operations Specialist might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Loan Operations Specialist?
High salary for Loan Operations Specialist would be somewhere between 32,195 GHS and 42,439 GHS. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Operations Specialist in Ghana?
Living in Ghana the approximate monthly expenses are: 140 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: 29,268 GHS
Estimated Monthly Salary: 2,439 GHS
Estimated Weekly Salary: 563 GHS per week
Estimated Hourly Salary: 14 GHS per hour
By working as Loan Operations Specialist a person can save up to 64 USD per month or 772 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 Ghana, see costs of living in Ghana.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Burkina Faso, Cote d'Ivoire (Ivory Coast), Togo.. 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 Specialist
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 Ghana
(439,471 GHS per year, pre-tax.)
2. Cardiologist
(363,775 GHS per year, pre-tax.)
(351,690 GHS per year, pre-tax.)
(342,308 GHS per year, pre-tax.)
5. Neurosurgeon
(342,198 GHS per year, pre-tax.)
(334,060 GHS per year, pre-tax.)
7. Urologist
(333,287 GHS per year, pre-tax.)
(333,209 GHS per year, pre-tax.)
(333,002 GHS per year, pre-tax.)
10. Oncologist
(332,700 GHS per year, pre-tax.)
Data as of 2025Random salary:
Paramedic supervisor (31,360 GHS per year, pre-tax.)
Clinical orthodontic technician (31,584 GHS per year, pre-tax.)
Underwriting account manager (38,808 GHS per year, pre-tax.)
Quality control manager printingpublishing (39,300 GHS per year, pre-tax.)
Sap coordinator (30,134 GHS per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=ghana&job=loan-operations-specialist'><img src='https://optisalary.com/wp-content/graphs/salary/loan-operations-specialist-salary-in-ghana-2025.jpg' alt='loan operations specialist salary in ghana 2025' title='loan operations specialist salary in ghana 2025' /></a>
Please note:The salary data presented here are intended for reference purposes only.
optisalary.com aggregates salary data for reference purposes exclusively. While we strive to present correct figures, we do not warrant their full reliability. Users are highly encouraged to check with additional sources before making financial plans. Salary amounts fluctuate based on multiple conditions, such as industry trends, negotiation power, and regional demand. We do not offer any claims as to the validity of the provided information. Your use of this site indicates agreement of this notice.
This website presents salary insights for informational purposes exclusively. While we gather data from multiple sources, we cannot guarantee full reliability. Users are advised to review trusted platforms before making any career moves. Salaries fluctuate due to numerous factors, such as market demand, employer policies, and geographic location. We cannot provide warranty regarding the correctness of the displayed salary data. Your use of this site confirms your understanding of these terms.