Home > Salary > Morocco > Chief Lending Officer
A Chief Lending Officer (CLO) is a high-level executive responsible for overseeing and managing the lending activities of a financial institution. They play a critical role in developing and implementing lending strategies to maximize profitability while minimizing risk. The CLO is responsible for setting lending policies, evaluating loan applications, managing loan portfolios, and ensuring compliance with regulatory requirements. They collaborate with other departments such as credit analysis, underwriting, and collections to ensure efficient loan processing and optimal customer service. Additionally, the CLO monitors market trends, assesses economic conditions, and makes recommendations for adjustments to lending practices. Strong leadership skills, extensive knowledge of lending principles and regulations, and the ability to analyze financial data are essential for success in this role.
Estimated Yearly Salary: 434,946 MAD
Estimated Monthly Salary: 36,246 MAD
Estimated Weekly Salary: 8,364 MAD per week
Estimated Hourly Salary: 209 MAD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 35,071 MAD
Estimated Weekly Salary: 8,093 MAD per week
Estimated Hourly Salary: 202 MAD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 39,475 USD
Estimated Monthly Salary: 3,290 USD
Estimated Weekly Salary: 759 USD per week
Estimated Hourly Salary: 19 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: 434,946 MAD
Estimated Monthly Salary: 36,246 MAD
Estimated Weekly Salary: 8,364 MAD per week
Estimated Hourly Salary: 209 MAD per hour
By working as Chief Lending Officer a person can save up to 2,690 USD per month or 32,275 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 Morocco, see costs of living in Morocco.
Estimated Yearly Salary for Chief Lending Officer
Last revision of data: 2025-01-04
Data as of 2025
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Chief Lending Officer salary in Morocco
Average Yearly Salary of Chief Lending Officer in Morocco is approximately 434,946 MAD (39,475 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 Chief Lending Officer do?
A Chief Lending Officer (CLO) is a high-level executive responsible for overseeing and managing the lending activities of a financial institution. They play a critical role in developing and implementing lending strategies to maximize profitability while minimizing risk. The CLO is responsible for setting lending policies, evaluating loan applications, managing loan portfolios, and ensuring compliance with regulatory requirements. They collaborate with other departments such as credit analysis, underwriting, and collections to ensure efficient loan processing and optimal customer service. Additionally, the CLO monitors market trends, assesses economic conditions, and makes recommendations for adjustments to lending practices. Strong leadership skills, extensive knowledge of lending principles and regulations, and the ability to analyze financial data are essential for success in this role.
Skills: Chief Lending Officer, CLO, lending strategies, risk management, loan portfolio management, regulatory compliance, credit analysis, loan processing
Job industry: Banking
Job industry: Banking
How much does Chief Lending Officer make?
Salary details
How much does Chief Lending Officer make?Estimated Yearly Salary: 434,946 MAD
Estimated Monthly Salary: 36,246 MAD
Estimated Weekly Salary: 8,364 MAD per week
Estimated Hourly Salary: 209 MAD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 420,849 MADEstimated Monthly Salary: 35,071 MAD
Estimated Weekly Salary: 8,093 MAD per week
Estimated Hourly Salary: 202 MAD per hour
Last revision of data: 2024-01-07Chief Lending Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 39,475 USD
Estimated Monthly Salary: 3,290 USD
Estimated Weekly Salary: 759 USD per week
Estimated Hourly Salary: 19 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
Morocco is a country located in North Africa. It has a population of approximately 36 million people and covers an area of about 446,550 square kilometers. The country is known for its diverse landscapes, including the Atlas Mountains, Sahara Desert, and coastal regions.
Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Chief Lending Officer job salary compared to average salary in Morocco.
Comparison shows that a person working as Chief Lending Officer in Morocco earns on average:
2.9 times the average salary (or 290% of average salary).
Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Chief Lending Officer job salary compared to average salary in Morocco.
Comparison shows that a person working as Chief Lending Officer in Morocco earns on average:
2.9 times the average salary (or 290% of average salary).
Is Chief Lending Officer a well paid job?
Yes, our data show that Chief Lending Officer is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Chief Lending Officer?
High salary for Chief Lending Officer would be somewhere between 478,441 MAD and 630,672 MAD. However this is an estimation based on Gaussian Distribution.How much can you save working as Chief Lending Officer in Morocco?
Living in Morocco the approximate monthly expenses are: 600 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: 434,946 MAD
Estimated Monthly Salary: 36,246 MAD
Estimated Weekly Salary: 8,364 MAD per week
Estimated Hourly Salary: 209 MAD per hour
By working as Chief Lending Officer a person can save up to 2,690 USD per month or 32,275 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 Morocco, see costs of living in Morocco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Algeria, Western Sahara, Spain. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Chief Lending Officer
Algeria is 36,834 USD
Spain is 83,353 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 Morocco
(1,720,305 MAD per year, pre-tax.)
2. Cardiologist
(1,434,963 MAD per year, pre-tax.)
(1,385,679 MAD per year, pre-tax.)
4. Neurosurgeon
(1,340,476 MAD per year, pre-tax.)
(1,339,746 MAD per year, pre-tax.)
(1,312,948 MAD per year, pre-tax.)
(1,311,162 MAD per year, pre-tax.)
(1,309,794 MAD per year, pre-tax.)
9. Urologist
(1,309,746 MAD per year, pre-tax.)
(1,308,087 MAD per year, pre-tax.)
Data as of 2025Random salary:
Veterans' counselor (115,500 MAD per year, pre-tax.)
Wildlife enforcement officer (188,848 MAD per year, pre-tax.)
Telecommunications manager (210,000 MAD per year, pre-tax.)
Food safety manager (159,048 MAD per year, pre-tax.)
Physician doctor palliative care (528,000 MAD per year, pre-tax.)
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