Home > Salary > Philippines > Senior Loan Servicing Representative
A senior loan servicing representative is responsible for managing and overseeing the loan servicing process within a financial institution. They handle a variety of tasks, including reviewing loan documents, ensuring compliance with regulations, processing payments, and resolving customer inquiries or concerns. They also coordinate with other departments, such as underwriting and collections, to ensure smooth loan servicing operations.
This role requires excellent communication skills, attention to detail, and a strong understanding of loan products and processes. The senior loan servicing representative must be able to analyze complex loan data, interpret policies and guidelines, and make informed decisions. They should also possess problem-solving abilities to address any issues that may arise during the loan servicing process.
Estimated Yearly Salary: 288,441 PHP
Estimated Monthly Salary: 24,037 PHP
Estimated Weekly Salary: 5,547 PHP per week
Estimated Hourly Salary: 139 PHP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 23,250 PHP
Estimated Weekly Salary: 5,365 PHP per week
Estimated Hourly Salary: 134 PHP per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 4,825 USD
Estimated Monthly Salary: 402 USD
Estimated Weekly Salary: 93 USD per week
Estimated Hourly Salary: 2 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: 288,441 PHP
Estimated Monthly Salary: 24,037 PHP
Estimated Weekly Salary: 5,547 PHP per week
Estimated Hourly Salary: 139 PHP per hour
By working as Senior Loan Servicing Representative a person can save up to 244 USD per month or 2,929 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 Philippines, see costs of living in Philippines.
Estimated Yearly Salary for Senior Loan Servicing Representative
Last revision of data: 2025-01-04
Data as of 2025
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Senior Loan Servicing Representative salary in Philippines
Average Yearly Salary of Senior Loan Servicing Representative in Philippines is approximately 288,441 PHP (4,825 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 Servicing Representative do?
A senior loan servicing representative is responsible for managing and overseeing the loan servicing process within a financial institution. They handle a variety of tasks, including reviewing loan documents, ensuring compliance with regulations, processing payments, and resolving customer inquiries or concerns. They also coordinate with other departments, such as underwriting and collections, to ensure smooth loan servicing operations.
This role requires excellent communication skills, attention to detail, and a strong understanding of loan products and processes. The senior loan servicing representative must be able to analyze complex loan data, interpret policies and guidelines, and make informed decisions. They should also possess problem-solving abilities to address any issues that may arise during the loan servicing process.
Skills: senior loan servicing representative, loan management, loan servicing, financial institution, customer service, compliance.
Job industry: Finance
Job industry: Finance
How much does Senior Loan Servicing Representative make?
Salary details
How much does Senior Loan Servicing Representative make?Estimated Yearly Salary: 288,441 PHP
Estimated Monthly Salary: 24,037 PHP
Estimated Weekly Salary: 5,547 PHP per week
Estimated Hourly Salary: 139 PHP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 279,000 PHPEstimated Monthly Salary: 23,250 PHP
Estimated Weekly Salary: 5,365 PHP per week
Estimated Hourly Salary: 134 PHP per hour
Last revision of data: 2024-01-08Senior Loan Servicing Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,825 USD
Estimated Monthly Salary: 402 USD
Estimated Weekly Salary: 93 USD per week
Estimated Hourly Salary: 2 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
The Philippines is an archipelagic country located in Southeast Asia. It is composed of more than 7,000 islands and has a total land area of approximately 300,000 square kilometers. The population of the Philippines is around 110 million people, making it the 13th most populous country in the world. The capital city is Manila, which is one of the most densely populated cities globally.
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Senior Loan Servicing Representative job salary compared to average salary in Philippines.
Comparison shows that a person working as Senior Loan Servicing Representative in Philippines earns on average:
1.32 times the average salary (or 132% of average salary).
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Senior Loan Servicing Representative job salary compared to average salary in Philippines.
Comparison shows that a person working as Senior Loan Servicing Representative in Philippines earns on average:
1.32 times the average salary (or 132% of average salary).
Is Senior Loan Servicing Representative a well paid job?
Yes, our data shows that Senior Loan Servicing Representative 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 Servicing Representative?
High salary for Senior Loan Servicing Representative would be somewhere between 317,285 PHP and 418,239 PHP. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Loan Servicing Representative in Philippines?
Living in Philippines the approximate monthly expenses are: 158 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: 288,441 PHP
Estimated Monthly Salary: 24,037 PHP
Estimated Weekly Salary: 5,547 PHP per week
Estimated Hourly Salary: 139 PHP per hour
By working as Senior Loan Servicing Representative a person can save up to 244 USD per month or 2,929 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 Philippines, see costs of living in Philippines.
Salary comparison to region and neighbouring coutries
Country's neighbours are: China, Taiwan, Vietnam, Malaysia, Indonesia, Brunei.. 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 Servicing Representative
China is 15,634 USD
Vietnam is 4,895 USD
Malaysia is 21,690 USD
Indonesia is 12,880 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 Philippines
(2,481,728 PHP per year, pre-tax.)
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4. Neurosurgeon
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9. Oncologist
(1,875,578 PHP per year, pre-tax.)
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Data as of 2025Random salary:
Rfic design engineer (455,770 PHP per year, pre-tax.)
Estate planner (525,130 PHP per year, pre-tax.)
General sales manager (310,389 PHP per year, pre-tax.)
Assistant golf course superintendent (166,431 PHP per year, pre-tax.)
Woodworker (160,140 PHP per year, pre-tax.)
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