Home > Salary > Iraq > Senior Loan Servicing Representative
A senior loan servicing representative is responsible for managing and overseeing the loan servicing process within a financial institution. They handle a variety of tasks, including reviewing loan documents, ensuring compliance with regulations, processing payments, and resolving customer inquiries or concerns. They also coordinate with other departments, such as underwriting and collections, to ensure smooth loan servicing operations.
This role requires excellent communication skills, attention to detail, and a strong understanding of loan products and processes. The senior loan servicing representative must be able to analyze complex loan data, interpret policies and guidelines, and make informed decisions. They should also possess problem-solving abilities to address any issues that may arise during the loan servicing process.
Estimated Yearly Salary: 10,801,995 IQD
Estimated Monthly Salary: 900,166 IQD
Estimated Weekly Salary: 207,731 IQD per week
Estimated Hourly Salary: 5,193 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 872,281 IQD
Estimated Weekly Salary: 201,296 IQD per week
Estimated Hourly Salary: 5,032 IQD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 7,336 USD
Estimated Monthly Salary: 611 USD
Estimated Weekly Salary: 141 USD per week
Estimated Hourly Salary: 4 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: 10,801,995 IQD
Estimated Monthly Salary: 900,166 IQD
Estimated Weekly Salary: 207,731 IQD per week
Estimated Hourly Salary: 5,193 IQD per hour
By working as Senior Loan Servicing Representative a person can save up to 371 USD per month or 4,456 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 Senior Loan Servicing Representative
Saudi Arabia is 33,489 USD 357%
Details on Senior Loan Servicing Representative salary in Saudi Arabia Last revision of data: 2025-01-04
Data as of 2025
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Senior Loan Servicing Representative salary in Iraq
Average Yearly Salary of Senior Loan Servicing Representative in Iraq is approximately 10,801,995 IQD (7,336 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 Senior Loan Servicing Representative do?
A senior loan servicing representative is responsible for managing and overseeing the loan servicing process within a financial institution. They handle a variety of tasks, including reviewing loan documents, ensuring compliance with regulations, processing payments, and resolving customer inquiries or concerns. They also coordinate with other departments, such as underwriting and collections, to ensure smooth loan servicing operations.
This role requires excellent communication skills, attention to detail, and a strong understanding of loan products and processes. The senior loan servicing representative must be able to analyze complex loan data, interpret policies and guidelines, and make informed decisions. They should also possess problem-solving abilities to address any issues that may arise during the loan servicing process.
Skills: senior loan servicing representative, loan management, loan servicing, financial institution, customer service, compliance.
Job industry: Finance
Job industry: Finance
How much does Senior Loan Servicing Representative make?
Salary details
How much does Senior Loan Servicing Representative make?Estimated Yearly Salary: 10,801,995 IQD
Estimated Monthly Salary: 900,166 IQD
Estimated Weekly Salary: 207,731 IQD per week
Estimated Hourly Salary: 5,193 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 10,467,366 IQDEstimated Monthly Salary: 872,281 IQD
Estimated Weekly Salary: 201,296 IQD per week
Estimated Hourly Salary: 5,032 IQD per hour
Last revision of data: 2024-01-03Senior Loan Servicing Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,336 USD
Estimated Monthly Salary: 611 USD
Estimated Weekly Salary: 141 USD per week
Estimated Hourly Salary: 4 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 Senior Loan Servicing Representative job salary compared to average salary in Iraq.
Comparison shows that a person working as Senior Loan Servicing Representative in Iraq earns on average:
1.32 times the average salary (or 132% 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 Senior Loan Servicing Representative job salary compared to average salary in Iraq.
Comparison shows that a person working as Senior Loan Servicing Representative in Iraq earns on average:
1.32 times the average salary (or 132% of average salary).
Is Senior Loan Servicing Representative a well paid job?
Yes, our data shows that Senior Loan Servicing Representative 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 Senior Loan Servicing Representative?
High salary for Senior Loan Servicing Representative would be somewhere between 11,882,195 IQD and 15,662,893 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Loan Servicing Representative 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: 10,801,995 IQD
Estimated Monthly Salary: 900,166 IQD
Estimated Weekly Salary: 207,731 IQD per week
Estimated Hourly Salary: 5,193 IQD per hour
By working as Senior Loan Servicing Representative a person can save up to 371 USD per month or 4,456 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 Senior Loan Servicing Representative
Iran is 9,618 USD
Jordan is 11,544 USD
Kuwait is 16,326 USDSaudi Arabia is 33,489 USD 357%Details on Senior Loan Servicing Representative salary in Saudi Arabia
Syria is 4,462 USD
Turkey is 12,875 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:
Paint sprayer (3,965,597 IQD per year, pre-tax.)
Legal secretary legal aid (5,984,446 IQD per year, pre-tax.)
Vacuum truck driver (7,075,068 IQD per year, pre-tax.)
Qualified developmental disability professional (qddp) (6,103,532 IQD per year, pre-tax.)
Certified optometric assistant (5,513,707 IQD per year, pre-tax.)
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