Home > Salary > Iceland > Director Of Consumer Lending
The Director of Consumer Lending is responsible for overseeing all aspects of a financial institution's consumer lending activities. This includes developing and implementing lending strategies, policies, and procedures to ensure the organization's lending practices are in compliance with industry regulations. The director collaborates with other departments, such as risk management and marketing, to establish lending goals and objectives, and to identify opportunities for growth and expansion. They also monitor loan portfolios, analyze market trends, and make recommendations for adjustments to lending products and services. Additionally, the director manages a team of lending professionals, providing guidance, training, and performance evaluations.
Estimated Yearly Salary: 17,916,395 ISK
Estimated Monthly Salary: 1,493,033 ISK
Estimated Weekly Salary: 344,546 ISK per week
Estimated Hourly Salary: 8,614 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,444,372 ISK
Estimated Weekly Salary: 333,317 ISK per week
Estimated Hourly Salary: 8,333 ISK per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 125,802 USD
Estimated Monthly Salary: 10,484 USD
Estimated Weekly Salary: 2,419 USD per week
Estimated Hourly Salary: 60 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: 17,916,395 ISK
Estimated Monthly Salary: 1,493,033 ISK
Estimated Weekly Salary: 344,546 ISK per week
Estimated Hourly Salary: 8,614 ISK per hour
By working as Director Of Consumer Lending a person can save up to 7,755 USD per month or 93,056 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 Iceland, see costs of living in Iceland.
Estimated Yearly Salary for Director Of Consumer Lending
Last revision of data: 2025-01-04
Data as of 2025
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Director Of Consumer Lending salary in Iceland
Average Yearly Salary of Director Of Consumer Lending in Iceland is approximately 17,916,395 ISK (125,802 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 Director Of Consumer Lending do?
The Director of Consumer Lending is responsible for overseeing all aspects of a financial institution's consumer lending activities. This includes developing and implementing lending strategies, policies, and procedures to ensure the organization's lending practices are in compliance with industry regulations. The director collaborates with other departments, such as risk management and marketing, to establish lending goals and objectives, and to identify opportunities for growth and expansion. They also monitor loan portfolios, analyze market trends, and make recommendations for adjustments to lending products and services. Additionally, the director manages a team of lending professionals, providing guidance, training, and performance evaluations.
Skills: Director of Consumer Lending, Financial Services, Consumer Loans, Loan Portfolio Management, Compliance, Lending Strategies
Job industry: Banking
Job industry: Banking
How much does Director Of Consumer Lending make?
Salary details
How much does Director Of Consumer Lending make?Estimated Yearly Salary: 17,916,395 ISK
Estimated Monthly Salary: 1,493,033 ISK
Estimated Weekly Salary: 344,546 ISK per week
Estimated Hourly Salary: 8,614 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 17,332,458 ISKEstimated Monthly Salary: 1,444,372 ISK
Estimated Weekly Salary: 333,317 ISK per week
Estimated Hourly Salary: 8,333 ISK per hour
Last revision of data: 2024-01-06Director Of Consumer Lending estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 125,802 USD
Estimated Monthly Salary: 10,484 USD
Estimated Weekly Salary: 2,419 USD per week
Estimated Hourly Salary: 60 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
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Director Of Consumer Lending job salary compared to average salary in Iceland.
Comparison shows that a person working as Director Of Consumer Lending in Iceland earns on average:
2 times the average salary (or 200% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Director Of Consumer Lending job salary compared to average salary in Iceland.
Comparison shows that a person working as Director Of Consumer Lending in Iceland earns on average:
2 times the average salary (or 200% of average salary).
Is Director Of Consumer Lending a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Director Of Consumer Lending?
High salary for Director Of Consumer Lending would be somewhere between 19,708,035 ISK and 25,978,773 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Director Of Consumer Lending in Iceland?
Living in Iceland the approximate monthly expenses are: 2,729 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: 17,916,395 ISK
Estimated Monthly Salary: 1,493,033 ISK
Estimated Weekly Salary: 344,546 ISK per week
Estimated Hourly Salary: 8,614 ISK per hour
By working as Director Of Consumer Lending a person can save up to 7,755 USD per month or 93,056 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 Iceland, see costs of living in Iceland.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Norway, Faroe Islands, United Kingdom. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Director Of Consumer Lending
Norway is 175,187 USD
United Kingdom is 82,407 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 Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Vfx editor (10,017,837 ISK per year, pre-tax.)
Foreign language literature teacher postsecondary (10,527,311 ISK per year, pre-tax.)
Loan assistant (6,401,720 ISK per year, pre-tax.)
Geographic information systems (gis), programmer analyst (14,148,929 ISK per year, pre-tax.)
Career and employment counselor (8,585,183 ISK per year, pre-tax.)
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Salary details displayed on this website are intended for reference purposes exclusively. Our data is sourced through multiple sources and may not always be accurate. Users must cross-reference salary information through other means before making employment decisions. The figures listed here may change due to factors such as location, industry standards, and individual skill sets. We cannot warrant that the data displayed is flawless. By accessing this website, you agree that salary information is presented 'as is' and without assurances.