Home > Salary > Morocco > 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: 189,880 MAD
Estimated Monthly Salary: 15,823 MAD
Estimated Weekly Salary: 3,652 MAD per week
Estimated Hourly Salary: 91 MAD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 15,287 MAD
Estimated Weekly Salary: 3,528 MAD per week
Estimated Hourly Salary: 88 MAD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 17,218 USD
Estimated Monthly Salary: 1,435 USD
Estimated Weekly Salary: 331 USD per week
Estimated Hourly Salary: 8 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: 189,880 MAD
Estimated Monthly Salary: 15,823 MAD
Estimated Weekly Salary: 3,652 MAD per week
Estimated Hourly Salary: 91 MAD per hour
By working as Lock Desk Manager a person can save up to 835 USD per month or 10,018 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 Lock Desk Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Lock Desk Manager salary in Morocco
Average Yearly Salary of Lock Desk Manager in Morocco is approximately 189,880 MAD (17,218 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: 189,880 MAD
Estimated Monthly Salary: 15,823 MAD
Estimated Weekly Salary: 3,652 MAD per week
Estimated Hourly Salary: 91 MAD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 183,447 MADEstimated Monthly Salary: 15,287 MAD
Estimated Weekly Salary: 3,528 MAD per week
Estimated Hourly Salary: 88 MAD per hour
Last revision of data: 2024-01-03Lock Desk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 17,218 USD
Estimated Monthly Salary: 1,435 USD
Estimated Weekly Salary: 331 USD per week
Estimated Hourly Salary: 8 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
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 Lock Desk Manager job salary compared to average salary in Morocco.
Comparison shows that a person working as Lock Desk Manager in Morocco earns on average:
1.27 times the average salary (or 127% of average salary).
Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Lock Desk Manager job salary compared to average salary in Morocco.
Comparison shows that a person working as Lock Desk Manager in Morocco earns on average:
1.27 times the average salary (or 127% 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 208,868 MAD and 275,326 MAD. However this is an estimation based on Gaussian Distribution.How much can you save working as Lock Desk Manager 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: 189,880 MAD
Estimated Monthly Salary: 15,823 MAD
Estimated Weekly Salary: 3,652 MAD per week
Estimated Hourly Salary: 91 MAD per hour
By working as Lock Desk Manager a person can save up to 835 USD per month or 10,018 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 Lock Desk Manager
Algeria is 16,084 USD
Spain is 36,551 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:
Facilities mechanical engineer (248,193 MAD per year, pre-tax.)
Professional services consultant (242,792 MAD per year, pre-tax.)
Safety and risk manager insurance (194,834 MAD per year, pre-tax.)
Inventory specialist (98,912 MAD per year, pre-tax.)
Chemical process operator (142,500 MAD per year, pre-tax.)
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