Home > Salary > Israel > 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: 250,659 ILS
Estimated Monthly Salary: 20,888 ILS
Estimated Weekly Salary: 4,820 ILS per week
Estimated Hourly Salary: 121 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 20,253 ILS
Estimated Weekly Salary: 4,674 ILS per week
Estimated Hourly Salary: 117 ILS per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 62,811 USD
Estimated Monthly Salary: 5,234 USD
Estimated Weekly Salary: 1,208 USD per week
Estimated Hourly Salary: 30 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: 250,659 ILS
Estimated Monthly Salary: 20,888 ILS
Estimated Weekly Salary: 4,820 ILS per week
Estimated Hourly Salary: 121 ILS per hour
By working as Lock Desk Manager a person can save up to 3,048 USD per month or 36,579 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 Israel, see costs of living in Israel.
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 Israel
Average Yearly Salary of Lock Desk Manager in Israel is approximately 250,659 ILS (62,811 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: 250,659 ILS
Estimated Monthly Salary: 20,888 ILS
Estimated Weekly Salary: 4,820 ILS per week
Estimated Hourly Salary: 121 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 243,040 ILSEstimated Monthly Salary: 20,253 ILS
Estimated Weekly Salary: 4,674 ILS per week
Estimated Hourly Salary: 117 ILS per hour
Last revision of data: 2024-01-06Lock Desk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 62,811 USD
Estimated Monthly Salary: 5,234 USD
Estimated Weekly Salary: 1,208 USD per week
Estimated Hourly Salary: 30 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
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Salary comparison to National average
Israel is a country located in the Middle East, bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It has a diverse population of approximately 9 million people. The country covers an area of around 22,145 square kilometers (8,550 square miles). Israel is known for its rich history, cultural heritage, and religious significance.
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Lock Desk Manager job salary compared to average salary in Israel.
Comparison shows that a person working as Lock Desk Manager in Israel earns on average:
1.3 times the average salary (or 130% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Lock Desk Manager job salary compared to average salary in Israel.
Comparison shows that a person working as Lock Desk Manager in Israel earns on average:
1.3 times the average salary (or 130% 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 275,725 ILS and 363,456 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Lock Desk Manager in Israel?
Living in Israel the approximate monthly expenses are: 2,186 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: 250,659 ILS
Estimated Monthly Salary: 20,888 ILS
Estimated Weekly Salary: 4,820 ILS per week
Estimated Hourly Salary: 121 ILS per hour
By working as Lock Desk Manager a person can save up to 3,048 USD per month or 36,579 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 Israel, see costs of living in Israel.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Lebanon, Syria, Jordan, Egypt. 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
Lebanon is 9,572 USD
Syria is 4,214 USD
Jordan is 10,929 USD
Egypt is 4,722 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 Israel
(2,288,508 ILS per year, pre-tax.)
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(1,831,869 ILS per year, pre-tax.)
4. Neurosurgeon
(1,783,011 ILS per year, pre-tax.)
(1,778,623 ILS per year, pre-tax.)
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7. Urologist
(1,734,638 ILS per year, pre-tax.)
(1,730,943 ILS per year, pre-tax.)
9. Oncologist
(1,729,727 ILS per year, pre-tax.)
(1,729,273 ILS per year, pre-tax.)
Data as of 2025Random salary:
Db2 system programmer (249,054 ILS per year, pre-tax.)
Associate auditor (251,311 ILS per year, pre-tax.)
Technical services librarian (223,976 ILS per year, pre-tax.)
Locomotive engineer (328,196 ILS per year, pre-tax.)
Assistant nutrition manager (171,556 ILS per year, pre-tax.)
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