Home > Salary > Morocco > Loan Servicing Specialist
A loan servicing specialist is responsible for managing and overseeing the repayment process of loans. They work in financial institutions, such as banks or mortgage companies, and act as a liaison between borrowers and lenders. Their main duties include processing loan payments, maintaining accurate records of loan transactions, and ensuring compliance with loan terms and regulations. Loan servicing specialists also handle customer inquiries, resolve any issues or disputes related to loan payments, and assist with loan modifications or refinancing requests. They must have a strong understanding of loan products, financial regulations, and excellent communication skills to effectively communicate with borrowers and provide them with accurate information.
Estimated Yearly Salary: 122,681 MAD
Estimated Monthly Salary: 10,223 MAD
Estimated Weekly Salary: 2,359 MAD per week
Estimated Hourly Salary: 59 MAD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,892 MAD
Estimated Weekly Salary: 2,283 MAD per week
Estimated Hourly Salary: 57 MAD per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 11,129 USD
Estimated Monthly Salary: 927 USD
Estimated Weekly Salary: 214 USD per week
Estimated Hourly Salary: 5 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: 122,681 MAD
Estimated Monthly Salary: 10,223 MAD
Estimated Weekly Salary: 2,359 MAD per week
Estimated Hourly Salary: 59 MAD per hour
By working as Loan Servicing Specialist a person can save up to 327 USD per month or 3,929 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 Loan Servicing Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Loan Servicing Specialist salary in Morocco
Average Yearly Salary of Loan Servicing Specialist in Morocco is approximately 122,681 MAD (11,129 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 Loan Servicing Specialist do?
A loan servicing specialist is responsible for managing and overseeing the repayment process of loans. They work in financial institutions, such as banks or mortgage companies, and act as a liaison between borrowers and lenders. Their main duties include processing loan payments, maintaining accurate records of loan transactions, and ensuring compliance with loan terms and regulations. Loan servicing specialists also handle customer inquiries, resolve any issues or disputes related to loan payments, and assist with loan modifications or refinancing requests. They must have a strong understanding of loan products, financial regulations, and excellent communication skills to effectively communicate with borrowers and provide them with accurate information.
Skills: loan servicing, financial institution, loan repayment, customer service, loan management, compliance.
Job industry: Finance
Job industry: Finance
How much does Loan Servicing Specialist make?
Salary details
How much does Loan Servicing Specialist make?Estimated Yearly Salary: 122,681 MAD
Estimated Monthly Salary: 10,223 MAD
Estimated Weekly Salary: 2,359 MAD per week
Estimated Hourly Salary: 59 MAD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 118,701 MADEstimated Monthly Salary: 9,892 MAD
Estimated Weekly Salary: 2,283 MAD per week
Estimated Hourly Salary: 57 MAD per hour
Last revision of data: 2024-01-05Loan Servicing Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 11,129 USD
Estimated Monthly Salary: 927 USD
Estimated Weekly Salary: 214 USD per week
Estimated Hourly Salary: 5 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 Loan Servicing Specialist job salary compared to average salary in Morocco.
Comparison shows that a person working as Loan Servicing Specialist in Morocco earns on average:
0.82 times the average salary (or 82% of average salary).
Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Loan Servicing Specialist job salary compared to average salary in Morocco.
Comparison shows that a person working as Loan Servicing Specialist in Morocco earns on average:
0.82 times the average salary (or 82% of average salary).
Is Loan Servicing Specialist a well paid job?
Yes, our data show that Loan Servicing Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Loan Servicing Specialist?
High salary for Loan Servicing Specialist would be somewhere between 134,949 MAD and 177,887 MAD. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Servicing Specialist 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: 122,681 MAD
Estimated Monthly Salary: 10,223 MAD
Estimated Weekly Salary: 2,359 MAD per week
Estimated Hourly Salary: 59 MAD per hour
By working as Loan Servicing Specialist a person can save up to 327 USD per month or 3,929 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 Loan Servicing Specialist
Algeria is 10,448 USD
Spain is 23,553 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.)
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4. Neurosurgeon
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(1,312,948 MAD per year, pre-tax.)
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9. Urologist
(1,309,746 MAD per year, pre-tax.)
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Data as of 2025Random salary:
Ed manager (210,430 MAD per year, pre-tax.)
Database administrator (250,500 MAD per year, pre-tax.)
Banking assistant manager (145,684 MAD per year, pre-tax.)
Operations coordinator (unspecified type) (160,376 MAD per year, pre-tax.)
Electrical engineering technologist (215,820 MAD per year, pre-tax.)
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