Home > Salary > Malaysia > Senior Loan Officer
A senior loan officer is responsible for managing the loan application process and ensuring the successful completion of loan transactions. They evaluate loan applications, review financial documents, and assess creditworthiness of borrowers. Senior loan officers also negotiate loan terms and conditions, including interest rates and repayment schedules, with clients. They provide guidance and advice to clients regarding various loan options and help them choose the most suitable one based on their financial goals and circumstances. Additionally, senior loan officers build and maintain relationships with clients, real estate agents, and other professionals in the industry to generate leads and expand their client base. They stay updated with market trends, lending regulations, and loan products to provide accurate information and excellent customer service.
Estimated Yearly Salary: 109,452 MYR
Estimated Monthly Salary: 9,121 MYR
Estimated Weekly Salary: 2,105 MYR per week
Estimated Hourly Salary: 53 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,802 MYR
Estimated Weekly Salary: 2,031 MYR per week
Estimated Hourly Salary: 51 MYR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 21,879 USD
Estimated Monthly Salary: 1,823 USD
Estimated Weekly Salary: 421 USD per week
Estimated Hourly Salary: 11 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 109,452 MYR
Estimated Monthly Salary: 9,121 MYR
Estimated Weekly Salary: 2,105 MYR per week
Estimated Hourly Salary: 53 MYR per hour
By working as Senior Loan Officer a person can save up to 1,112 USD per month or 13,345 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 Malaysia, see costs of living in Malaysia.
Estimated Yearly Salary for Senior Loan Officer
Last revision of data: 2025-01-04
Data as of 2025
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Senior Loan Officer salary in Malaysia
Average Yearly Salary of Senior Loan Officer in Malaysia is approximately 109,452 MYR (21,879 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 Officer do?
A senior loan officer is responsible for managing the loan application process and ensuring the successful completion of loan transactions. They evaluate loan applications, review financial documents, and assess creditworthiness of borrowers. Senior loan officers also negotiate loan terms and conditions, including interest rates and repayment schedules, with clients. They provide guidance and advice to clients regarding various loan options and help them choose the most suitable one based on their financial goals and circumstances. Additionally, senior loan officers build and maintain relationships with clients, real estate agents, and other professionals in the industry to generate leads and expand their client base. They stay updated with market trends, lending regulations, and loan products to provide accurate information and excellent customer service.
Skills: senior loan officer, loan application, credit evaluation, loan negotiation, financial guidance, client relationship management
Job industry: Finance
Job industry: Finance
How much does Senior Loan Officer make?
Salary details
How much does Senior Loan Officer make?Estimated Yearly Salary: 109,452 MYR
Estimated Monthly Salary: 9,121 MYR
Estimated Weekly Salary: 2,105 MYR per week
Estimated Hourly Salary: 53 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 105,620 MYREstimated Monthly Salary: 8,802 MYR
Estimated Weekly Salary: 2,031 MYR per week
Estimated Hourly Salary: 51 MYR per hour
Last revision of data: 2024-01-06Senior Loan Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 21,879 USD
Estimated Monthly Salary: 1,823 USD
Estimated Weekly Salary: 421 USD per week
Estimated Hourly Salary: 11 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Senior Loan Officer job salary compared to average salary in Malaysia.
Comparison shows that a person working as Senior Loan Officer in Malaysia earns on average:
1.4 times the average salary (or 140% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Senior Loan Officer job salary compared to average salary in Malaysia.
Comparison shows that a person working as Senior Loan Officer in Malaysia earns on average:
1.4 times the average salary (or 140% of average salary).
Is Senior Loan Officer a well paid job?
Yes, our data shows that Senior Loan Officer 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 Officer?
High salary for Senior Loan Officer would be somewhere between 120,397 MYR and 158,705 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Loan Officer in Malaysia?
Living in Malaysia the approximate monthly expenses are: 711 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: 109,452 MYR
Estimated Monthly Salary: 9,121 MYR
Estimated Weekly Salary: 2,105 MYR per week
Estimated Hourly Salary: 53 MYR per hour
By working as Senior Loan Officer a person can save up to 1,112 USD per month or 13,345 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 Malaysia, see costs of living in Malaysia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines. 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 Officer
Thailand is 8,863 USD
Indonesia is 12,998 USD
Singapore is 82,456 USD
Brunei is 38,638 USD
Vietnam is 4,947 USD
Philippines is 4,868 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 Malaysia
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10. Dermatologist
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Data as of 2025Random salary:
Telecommunications manager (109,565 MYR per year, pre-tax.)
Office assistantdatabase administrator (43,043 MYR per year, pre-tax.)
Registered occupational therapist (138,734 MYR per year, pre-tax.)
Fish and game warden (80,371 MYR per year, pre-tax.)
Interviewing clerk (38,347 MYR per year, pre-tax.)
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