Home > Salary > New Zealand > Loan Processing Manager
A loan processing manager is responsible for overseeing the loan application and approval process within a financial institution. They manage a team of loan processors, ensuring that all loan applications are reviewed, verified, and processed efficiently and accurately. The loan processing manager works closely with loan officers, underwriters, and other departments to gather necessary documentation, assess applicant eligibility, and ensure compliance with lending regulations. They also monitor loan pipeline, track loan progress, and resolve any issues or discrepancies that may arise during the loan processing cycle. Additionally, they may be involved in training and mentoring loan processors, implementing process improvements, and analyzing loan data to identify trends and areas for improvement.
Estimated Yearly Salary: 116,634 NZD
Estimated Monthly Salary: 9,720 NZD
Estimated Weekly Salary: 2,243 NZD per week
Estimated Hourly Salary: 56 NZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,420 NZD
Estimated Weekly Salary: 2,174 NZD per week
Estimated Hourly Salary: 54 NZD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 58,601 USD
Estimated Monthly Salary: 4,883 USD
Estimated Weekly Salary: 1,127 USD per week
Estimated Hourly Salary: 28 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: 116,634 NZD
Estimated Monthly Salary: 9,720 NZD
Estimated Weekly Salary: 2,243 NZD per week
Estimated Hourly Salary: 56 NZD per hour
By working as Loan Processing Manager a person can save up to 2,945 USD per month or 35,340 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 New Zealand, see costs of living in New Zealand.
Estimated Yearly Salary for Loan Processing Manager
Last revision of data: 2025-01-04
Data as of 2025
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Loan Processing Manager salary in New Zealand
Average Yearly Salary of Loan Processing Manager in New Zealand is approximately 116,634 NZD (58,601 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 Processing Manager do?
A loan processing manager is responsible for overseeing the loan application and approval process within a financial institution. They manage a team of loan processors, ensuring that all loan applications are reviewed, verified, and processed efficiently and accurately. The loan processing manager works closely with loan officers, underwriters, and other departments to gather necessary documentation, assess applicant eligibility, and ensure compliance with lending regulations. They also monitor loan pipeline, track loan progress, and resolve any issues or discrepancies that may arise during the loan processing cycle. Additionally, they may be involved in training and mentoring loan processors, implementing process improvements, and analyzing loan data to identify trends and areas for improvement.
Skills: Loan processing manager, Loan application, Loan approval, Financial institution, Compliance, Team management.
Job industry: Finance
Job industry: Finance
How much does Loan Processing Manager make?
Salary details
How much does Loan Processing Manager make?Estimated Yearly Salary: 116,634 NZD
Estimated Monthly Salary: 9,720 NZD
Estimated Weekly Salary: 2,243 NZD per week
Estimated Hourly Salary: 56 NZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 113,038 NZDEstimated Monthly Salary: 9,420 NZD
Estimated Weekly Salary: 2,174 NZD per week
Estimated Hourly Salary: 54 NZD per hour
Last revision of data: 2024-01-03Loan Processing Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 58,601 USD
Estimated Monthly Salary: 4,883 USD
Estimated Weekly Salary: 1,127 USD per week
Estimated Hourly Salary: 28 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
New Zealand, a beautiful island country in the southwestern Pacific Ocean, is known for its stunning landscapes, diverse wildlife, and vibrant Maori culture. With a population of around 5 million people, it is sparsely populated compared to its size. The country covers an area of approximately 268,000 square kilometers and consists of two main islands, the North Island and the South Island, along with numerous smaller islands.
Estimated national average yearly salary is 80,807 NZD (48,460 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processing Manager job salary compared to average salary in New Zealand.
Comparison shows that a person working as Loan Processing Manager in New Zealand earns on average:
1.44 times the average salary (or 144% of average salary).
Estimated national average yearly salary is 80,807 NZD (48,460 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processing Manager job salary compared to average salary in New Zealand.
Comparison shows that a person working as Loan Processing Manager in New Zealand earns on average:
1.44 times the average salary (or 144% of average salary).
Is Loan Processing Manager a well paid job?
Yes, our data shows that Loan Processing 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 Loan Processing Manager?
High salary for Loan Processing Manager would be somewhere between 128,297 NZD and 169,119 NZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Processing Manager in New Zealand?
Living in New Zealand the approximate monthly expenses are: 1,938 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: 116,634 NZD
Estimated Monthly Salary: 9,720 NZD
Estimated Weekly Salary: 2,243 NZD per week
Estimated Hourly Salary: 56 NZD per hour
By working as Loan Processing Manager a person can save up to 2,945 USD per month or 35,340 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 New Zealand, see costs of living in New Zealand.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Australia, Fiji, New Caledonia, Tonga, Samoa. 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 Processing Manager
Australia is 73,202 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 New Zealand
(1,008,623 NZD per year, pre-tax.)
2. Cardiologist
(843,890 NZD per year, pre-tax.)
(810,735 NZD per year, pre-tax.)
(786,864 NZD per year, pre-tax.)
5. Neurosurgeon
(786,039 NZD per year, pre-tax.)
(769,764 NZD per year, pre-tax.)
7. Oncologist
(768,008 NZD per year, pre-tax.)
(767,682 NZD per year, pre-tax.)
(767,202 NZD per year, pre-tax.)
(766,991 NZD per year, pre-tax.)
Data as of 2025Random salary:
Vocational rehabilitation counselor (70,302 NZD per year, pre-tax.)
Packaging mechanic (73,535 NZD per year, pre-tax.)
Activity director therapeutic (49,266 NZD per year, pre-tax.)
Hospitalist nurse manager (99,962 NZD per year, pre-tax.)
Direct care worker (dcw) (32,323 NZD per year, pre-tax.)
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