Home > Salary > Iraq > 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: 10,222,034 IQD
Estimated Monthly Salary: 851,836 IQD
Estimated Weekly Salary: 196,578 IQD per week
Estimated Hourly Salary: 4,914 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 823,869 IQD
Estimated Weekly Salary: 190,124 IQD per week
Estimated Hourly Salary: 4,753 IQD per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 6,906 USD
Estimated Monthly Salary: 576 USD
Estimated Weekly Salary: 133 USD per week
Estimated Hourly Salary: 3 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: 10,222,034 IQD
Estimated Monthly Salary: 851,836 IQD
Estimated Weekly Salary: 196,578 IQD per week
Estimated Hourly Salary: 4,914 IQD per hour
By working as Lock Desk Manager a person can save up to 336 USD per month or 4,026 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 Iraq, see costs of living in Iraq.
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 Iraq
Average Yearly Salary of Lock Desk Manager in Iraq is approximately 10,222,034 IQD (6,906 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: 10,222,034 IQD
Estimated Monthly Salary: 851,836 IQD
Estimated Weekly Salary: 196,578 IQD per week
Estimated Hourly Salary: 4,914 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 9,886,422 IQDEstimated Monthly Salary: 823,869 IQD
Estimated Weekly Salary: 190,124 IQD per week
Estimated Hourly Salary: 4,753 IQD 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: 6,906 USD
Estimated Monthly Salary: 576 USD
Estimated Weekly Salary: 133 USD per week
Estimated Hourly Salary: 3 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
Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Lock Desk Manager job salary compared to average salary in Iraq.
Comparison shows that a person working as Lock Desk Manager in Iraq earns on average:
1.25 times the average salary (or 125% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Lock Desk Manager job salary compared to average salary in Iraq.
Comparison shows that a person working as Lock Desk Manager in Iraq earns on average:
1.25 times the average salary (or 125% 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 11,244,237 IQD and 14,821,949 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Lock Desk Manager in Iraq?
Living in Iraq the approximate monthly expenses are: 240 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: 10,222,034 IQD
Estimated Monthly Salary: 851,836 IQD
Estimated Weekly Salary: 196,578 IQD per week
Estimated Hourly Salary: 4,914 IQD per hour
By working as Lock Desk Manager a person can save up to 336 USD per month or 4,026 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 Iraq, see costs of living in Iraq.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey. 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
Iran is 9,111 USD
Jordan is 10,929 USD
Kuwait is 15,413 USD
Saudi Arabia is 31,670 USD
Syria is 4,214 USD
Turkey is 12,139 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 Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
Senior geographic information systems (gis), specialist (9,955,200 IQD per year, pre-tax.)
Quality chemist (6,705,464 IQD per year, pre-tax.)
Real estate associate broker (7,099,200 IQD per year, pre-tax.)
Credit analyst (7,752,000 IQD per year, pre-tax.)
Youth director (6,343,390 IQD per year, pre-tax.)
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