Home > Salary > Romania > 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: 94,638 RON
Estimated Monthly Salary: 7,887 RON
Estimated Weekly Salary: 1,820 RON per week
Estimated Hourly Salary: 45 RON per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 7,610 RON
Estimated Weekly Salary: 1,756 RON per week
Estimated Hourly Salary: 44 RON per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 18,922 USD
Estimated Monthly Salary: 1,577 USD
Estimated Weekly Salary: 364 USD per week
Estimated Hourly Salary: 9 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: 94,638 RON
Estimated Monthly Salary: 7,887 RON
Estimated Weekly Salary: 1,820 RON per week
Estimated Hourly Salary: 45 RON per hour
By working as Loan Processing Manager a person can save up to 950 USD per month or 11,405 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 Romania, see costs of living in Romania.
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 Romania
Average Yearly Salary of Loan Processing Manager in Romania is approximately 94,638 RON (18,922 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: 94,638 RON
Estimated Monthly Salary: 7,887 RON
Estimated Weekly Salary: 1,820 RON per week
Estimated Hourly Salary: 45 RON per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 91,320 RONEstimated Monthly Salary: 7,610 RON
Estimated Weekly Salary: 1,756 RON per week
Estimated Hourly Salary: 44 RON per hour
Last revision of data: 2024-01-06Loan Processing Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 18,922 USD
Estimated Monthly Salary: 1,577 USD
Estimated Weekly Salary: 364 USD per week
Estimated Hourly Salary: 9 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
Romania is a country located in Eastern Europe, bordered by Bulgaria, Serbia, Hungary, Ukraine, and Moldova. With a population of approximately 19 million people, it is the seventh most populous country in the European Union. The land area of Romania spans about 238,397 square kilometers, making it the twelfth largest country in Europe.
Estimated national average yearly salary is 71,096 RON (15,660 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processing Manager job salary compared to average salary in Romania.
Comparison shows that a person working as Loan Processing Manager in Romania earns on average:
1.33 times the average salary (or 133% of average salary).
Estimated national average yearly salary is 71,096 RON (15,660 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processing Manager job salary compared to average salary in Romania.
Comparison shows that a person working as Loan Processing Manager in Romania earns on average:
1.33 times the average salary (or 133% 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 104,102 RON and 137,225 RON. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Processing Manager in Romania?
Living in Romania the approximate monthly expenses are: 626 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: 94,638 RON
Estimated Monthly Salary: 7,887 RON
Estimated Weekly Salary: 1,820 RON per week
Estimated Hourly Salary: 45 RON per hour
By working as Loan Processing Manager a person can save up to 950 USD per month or 11,405 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 Romania, see costs of living in Romania.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Bulgaria, Serbia, Hungary, Ukraine, Moldova. 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
Hungary is 22,954 USD
Ukraine is 5,156 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 Romania
(817,219 RON per year, pre-tax.)
2. Cardiologist
(680,353 RON per year, pre-tax.)
(656,502 RON per year, pre-tax.)
4. Neurosurgeon
(638,003 RON per year, pre-tax.)
(636,825 RON per year, pre-tax.)
6. Urologist
(623,000 RON per year, pre-tax.)
(621,375 RON per year, pre-tax.)
8. Oncologist
(621,244 RON per year, pre-tax.)
(620,728 RON per year, pre-tax.)
(620,518 RON per year, pre-tax.)
Data as of 2025Random salary:
Certified peer specialist (36,261 RON per year, pre-tax.)
Bi analyst (79,782 RON per year, pre-tax.)
Oil operator (54,942 RON per year, pre-tax.)
Helper--production worker (29,525 RON per year, pre-tax.)
Image retoucher (92,175 RON per year, pre-tax.)
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