Home > Salary > Saudi Arabia > Lock Desk Manager
A lock desk manager is responsible for overseeing and managing the lock desk operations within a financial institution, typically within the mortgage department. They play a crucial role in ensuring the efficient and accurate pricing, locking, and delivery of mortgage loans. The lock desk manager works closely with loan officers, underwriters, and secondary market investors to ensure compliance with company policies and investor guidelines. They monitor interest rates, market conditions, and investor requirements to make informed decisions regarding loan pricing and lock durations. Additionally, they may be involved in managing rate lock extensions, renegotiations, and loan relocks. Strong analytical skills, attention to detail, and the ability to work under pressure are essential for this role.
Estimated Yearly Salary: 127,088 SAR
Estimated Monthly Salary: 10,591 SAR
Estimated Weekly Salary: 2,444 SAR per week
Estimated Hourly Salary: 61 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,225 SAR
Estimated Weekly Salary: 2,360 SAR per week
Estimated Hourly Salary: 59 SAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 31,670 USD
Estimated Monthly Salary: 2,639 USD
Estimated Weekly Salary: 609 USD per week
Estimated Hourly Salary: 15 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: 127,088 SAR
Estimated Monthly Salary: 10,591 SAR
Estimated Weekly Salary: 2,444 SAR per week
Estimated Hourly Salary: 61 SAR per hour
By working as Lock Desk Manager a person can save up to 1,536 USD per month or 18,427 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 Lock Desk Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Sales representative software (117,485 SAR per year, pre-tax.)
It compliance analyst (143,812 SAR per year, pre-tax.)
Nutrition counselor (84,204 SAR per year, pre-tax.)
Fundraising assistant (74,494 SAR per year, pre-tax.)
Mortgage loan processor (82,182 SAR per year, pre-tax.)
Lock Desk Manager salary in Saudi Arabia
Average Yearly Salary of Lock Desk Manager in Saudi Arabia is approximately 127,088 SAR (31,670 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 Lock Desk Manager do?
A lock desk manager is responsible for overseeing and managing the lock desk operations within a financial institution, typically within the mortgage department. They play a crucial role in ensuring the efficient and accurate pricing, locking, and delivery of mortgage loans. The lock desk manager works closely with loan officers, underwriters, and secondary market investors to ensure compliance with company policies and investor guidelines. They monitor interest rates, market conditions, and investor requirements to make informed decisions regarding loan pricing and lock durations. Additionally, they may be involved in managing rate lock extensions, renegotiations, and loan relocks. Strong analytical skills, attention to detail, and the ability to work under pressure are essential for this role.
Skills: lock desk manager, mortgage industry, loan pricing, interest rates, secondary market, compliance
Job industry: Finance
Job industry: Finance
How much does Lock Desk Manager make?
Salary details
How much does Lock Desk Manager make?Estimated Yearly Salary: 127,088 SAR
Estimated Monthly Salary: 10,591 SAR
Estimated Weekly Salary: 2,444 SAR per week
Estimated Hourly Salary: 61 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 122,700 SAREstimated Monthly Salary: 10,225 SAR
Estimated Weekly Salary: 2,360 SAR per week
Estimated Hourly Salary: 59 SAR per hour
Last revision of data: 2024-01-03Lock Desk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 31,670 USD
Estimated Monthly Salary: 2,639 USD
Estimated Weekly Salary: 609 USD per week
Estimated Hourly Salary: 15 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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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 Lock Desk Manager job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Lock Desk Manager in Saudi Arabia earns on average:
1.23 times the average salary (or 123% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Lock Desk Manager job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Lock Desk Manager in Saudi Arabia earns on average:
1.23 times the average salary (or 123% of average salary).
Is Lock Desk Manager a well paid job?
Yes, our data shows that Lock Desk 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 Lock Desk Manager?
High salary for Lock Desk Manager would be somewhere between 139,797 SAR and 184,278 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Lock Desk 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: 127,088 SAR
Estimated Monthly Salary: 10,591 SAR
Estimated Weekly Salary: 2,444 SAR per week
Estimated Hourly Salary: 61 SAR per hour
By working as Lock Desk Manager a person can save up to 1,536 USD per month or 18,427 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 Lock Desk Manager
Jordan is 10,929 USD
Iraq is 6,906 USD
Kuwait is 15,413 USD
Qatar is 81,108 USD
Bahrain is 20,511 USD
United Arab Emirates is 56,119 USD
Oman is 10,401 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:
Sales representative software (117,485 SAR per year, pre-tax.)
It compliance analyst (143,812 SAR per year, pre-tax.)
Nutrition counselor (84,204 SAR per year, pre-tax.)
Fundraising assistant (74,494 SAR per year, pre-tax.)
Mortgage loan processor (82,182 SAR per year, pre-tax.)
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