Home > Salary > Saudi Arabia > Loan Operations Specialist
A loan operations specialist is responsible for managing the operational aspects of loan processing within a financial institution. They ensure that loan applications are accurately processed, documentation is complete, and loan disbursements are made in a timely manner. Their duties include reviewing loan documents, verifying borrower information, coordinating with loan officers and underwriters, and maintaining loan files. They also handle loan servicing activities, such as processing payments, updating loan information, and resolving any issues related to loan accounts. Additionally, loan operations specialists may assist in preparing reports, conducting audits, and ensuring compliance with regulatory requirements.
Estimated Yearly Salary: 77,474 SAR
Estimated Monthly Salary: 6,456 SAR
Estimated Weekly Salary: 1,490 SAR per week
Estimated Hourly Salary: 37 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 6,215 SAR
Estimated Weekly Salary: 1,434 SAR per week
Estimated Hourly Salary: 36 SAR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 19,329 USD
Estimated Monthly Salary: 1,611 USD
Estimated Weekly Salary: 372 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: 77,474 SAR
Estimated Monthly Salary: 6,456 SAR
Estimated Weekly Salary: 1,490 SAR per week
Estimated Hourly Salary: 37 SAR per hour
By working as Loan Operations Specialist a person can save up to 507 USD per month or 6,086 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 Saudi Arabia, see costs of living in Saudi Arabia.
Estimated Yearly Salary for Loan Operations Specialist
United Arab Emirates is 34,250 USD 77%
Details on Loan Operations Specialist salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
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Loan Operations Specialist salary in Saudi Arabia
Average Yearly Salary of Loan Operations Specialist in Saudi Arabia is approximately 77,474 SAR (19,329 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 Operations Specialist do?
A loan operations specialist is responsible for managing the operational aspects of loan processing within a financial institution. They ensure that loan applications are accurately processed, documentation is complete, and loan disbursements are made in a timely manner. Their duties include reviewing loan documents, verifying borrower information, coordinating with loan officers and underwriters, and maintaining loan files. They also handle loan servicing activities, such as processing payments, updating loan information, and resolving any issues related to loan accounts. Additionally, loan operations specialists may assist in preparing reports, conducting audits, and ensuring compliance with regulatory requirements.
Skills: loan operations, loan processing, loan documentation, loan servicing, financial institution, compliance.
Job industry: Banking
Job industry: Banking
How much does Loan Operations Specialist make?
Salary details
How much does Loan Operations Specialist make?Estimated Yearly Salary: 77,474 SAR
Estimated Monthly Salary: 6,456 SAR
Estimated Weekly Salary: 1,490 SAR per week
Estimated Hourly Salary: 37 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 74,580 SAREstimated Monthly Salary: 6,215 SAR
Estimated Weekly Salary: 1,434 SAR per week
Estimated Hourly Salary: 36 SAR per hour
Last revision of data: 2024-01-08Loan Operations Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 19,329 USD
Estimated Monthly Salary: 1,611 USD
Estimated Weekly Salary: 372 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
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Salary comparison to National average
Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is a country located in the Middle East. With a population of approximately 34 million people, it is the 40th most populous country in the world. The nation covers an area of about 2.15 million square kilometers, making it the 13th largest country globally. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south.
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Loan Operations Specialist job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Loan Operations Specialist in Saudi Arabia earns on average:
0.75 times the average salary (or 75% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Loan Operations Specialist job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Loan Operations Specialist in Saudi Arabia earns on average:
0.75 times the average salary (or 75% of average salary).
Is Loan Operations Specialist a well paid job?
No, our data shows that Loan Operations Specialist is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Operations Specialist might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Loan Operations Specialist?
High salary for Loan Operations Specialist would be somewhere between 85,221 SAR and 112,337 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Operations Specialist in Saudi Arabia?
Living in Saudi Arabia the approximate monthly expenses are: 1,104 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: 77,474 SAR
Estimated Monthly Salary: 6,456 SAR
Estimated Weekly Salary: 1,490 SAR per week
Estimated Hourly Salary: 37 SAR per hour
By working as Loan Operations Specialist a person can save up to 507 USD per month or 6,086 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 Saudi Arabia, see costs of living in Saudi Arabia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Jordan, Iraq, Kuwait, Qatar, Bahrain, United Arab Emirates, Oman, Yemen. 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 Operations Specialist
Jordan is 6,634 USD
Iraq is 4,197 USD
Kuwait is 9,402 USD
Qatar is 49,286 USD
Bahrain is 12,519 USDUnited Arab Emirates is 34,250 USD 77%Details on Loan Operations Specialist salary in United Arab Emirates
Oman is 6,326 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 Saudi Arabia
(1,155,796 SAR per year, pre-tax.)
2. Cardiologist
(962,048 SAR per year, pre-tax.)
(923,476 SAR per year, pre-tax.)
4. Neurosurgeon
(900,367 SAR per year, pre-tax.)
(897,041 SAR per year, pre-tax.)
(877,388 SAR per year, pre-tax.)
(874,133 SAR per year, pre-tax.)
(873,498 SAR per year, pre-tax.)
9. Urologist
(873,306 SAR per year, pre-tax.)
(872,951 SAR per year, pre-tax.)
Data as of 2025Random salary:
Process engineer semiconductor (186,048 SAR per year, pre-tax.)
Floor sales representative (49,927 SAR per year, pre-tax.)
Casting assistant (63,420 SAR per year, pre-tax.)
Account manager printing solutions (66,737 SAR per year, pre-tax.)
Crm technical developer (163,678 SAR per year, pre-tax.)
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