Home > Salary > Saudi Arabia > Loan Servicing Manager
A loan servicing manager is responsible for overseeing the management and administration of loans within a financial institution. They ensure that all loan processes are carried out efficiently, accurately, and in compliance with relevant regulations. This role involves managing a team of loan servicing professionals, monitoring loan portfolios, reviewing loan documents, and resolving any issues or discrepancies that may arise. The loan servicing manager also collaborates with other departments such as underwriting, collections, and customer service to ensure seamless loan servicing operations. Strong analytical skills, attention to detail, and knowledge of loan servicing software are essential for this role. Effective communication and leadership abilities are also important to effectively manage the team and maintain strong relationships with clients and stakeholders.
Estimated Yearly Salary: 149,282 SAR
Estimated Monthly Salary: 12,440 SAR
Estimated Weekly Salary: 2,871 SAR per week
Estimated Hourly Salary: 72 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,029 SAR
Estimated Weekly Salary: 2,776 SAR per week
Estimated Hourly Salary: 69 SAR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 37,225 USD
Estimated Monthly Salary: 3,102 USD
Estimated Weekly Salary: 716 USD per week
Estimated Hourly Salary: 18 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: 149,282 SAR
Estimated Monthly Salary: 12,440 SAR
Estimated Weekly Salary: 2,871 SAR per week
Estimated Hourly Salary: 72 SAR per hour
By working as Loan Servicing Manager a person can save up to 1,998 USD per month or 23,982 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 Servicing Manager
United Arab Emirates is 66,043 USD 77%
Details on Loan Servicing Manager salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
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Loan Servicing Manager salary in Saudi Arabia
Average Yearly Salary of Loan Servicing Manager in Saudi Arabia is approximately 149,282 SAR (37,225 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 Servicing Manager do?
A loan servicing manager is responsible for overseeing the management and administration of loans within a financial institution. They ensure that all loan processes are carried out efficiently, accurately, and in compliance with relevant regulations. This role involves managing a team of loan servicing professionals, monitoring loan portfolios, reviewing loan documents, and resolving any issues or discrepancies that may arise. The loan servicing manager also collaborates with other departments such as underwriting, collections, and customer service to ensure seamless loan servicing operations. Strong analytical skills, attention to detail, and knowledge of loan servicing software are essential for this role. Effective communication and leadership abilities are also important to effectively manage the team and maintain strong relationships with clients and stakeholders.
Skills: Loan servicing, Managerial role, Loan administration, Compliance, Financial institution, Team management
Job industry: Finance
Job industry: Finance
How much does Loan Servicing Manager make?
Salary details
How much does Loan Servicing Manager make?Estimated Yearly Salary: 149,282 SAR
Estimated Monthly Salary: 12,440 SAR
Estimated Weekly Salary: 2,871 SAR per week
Estimated Hourly Salary: 72 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 144,352 SAREstimated Monthly Salary: 12,029 SAR
Estimated Weekly Salary: 2,776 SAR per week
Estimated Hourly Salary: 69 SAR per hour
Last revision of data: 2024-01-05Loan Servicing Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 37,225 USD
Estimated Monthly Salary: 3,102 USD
Estimated Weekly Salary: 716 USD per week
Estimated Hourly Salary: 18 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
Compare salary to other countries
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Country:
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 Servicing Manager job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Loan Servicing Manager in Saudi Arabia earns on average:
1.44 times the average salary (or 144% 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 Servicing Manager job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Loan Servicing Manager in Saudi Arabia earns on average:
1.44 times the average salary (or 144% of average salary).
Is Loan Servicing Manager a well paid job?
Yes, our data shows that Loan Servicing 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 Servicing Manager?
High salary for Loan Servicing Manager would be somewhere between 164,210 SAR and 216,459 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Servicing Manager 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: 149,282 SAR
Estimated Monthly Salary: 12,440 SAR
Estimated Weekly Salary: 2,871 SAR per week
Estimated Hourly Salary: 72 SAR per hour
By working as Loan Servicing Manager a person can save up to 1,998 USD per month or 23,982 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 Servicing Manager
Jordan is 12,838 USD
Iraq is 8,146 USD
Kuwait is 18,104 USD
Qatar is 95,527 USD
Bahrain is 24,236 USDUnited Arab Emirates is 66,043 USD 77%Details on Loan Servicing Manager salary in United Arab Emirates
Oman is 12,258 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:
Attorney investigative (238,514 SAR per year, pre-tax.)
Analytical strategist (118,845 SAR per year, pre-tax.)
Vice president (vp), human resources (hr), consulting (313,492 SAR per year, pre-tax.)
Engineering director (333,634 SAR per year, pre-tax.)
Director of search marketing (224,948 SAR per year, pre-tax.)
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