Home > Salary > Singapore > Assistant Loan Officer
An assistant loan officer is responsible for supporting the loan officers in various tasks related to the loan application and approval process. They assist in gathering and verifying financial documents, conducting credit checks, and evaluating loan applications. Additionally, they may communicate with clients to clarify information, answer inquiries, and provide updates on the loan status. Assistant loan officers also assist in preparing loan packages, ensuring all necessary documentation is complete and accurate. They may be involved in coordinating loan closings, preparing loan agreements, and maintaining records of loan transactions. Attention to detail, strong organizational skills, and knowledge of lending regulations are essential for this role.
Estimated Yearly Salary: 88,169 SGD
Estimated Monthly Salary: 7,347 SGD
Estimated Weekly Salary: 1,696 SGD per week
Estimated Hourly Salary: 42 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 7,081 SGD
Estimated Weekly Salary: 1,634 SGD per week
Estimated Hourly Salary: 41 SGD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 44,127 USD
Estimated Monthly Salary: 3,677 USD
Estimated Weekly Salary: 849 USD per week
Estimated Hourly Salary: 21 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: 88,169 SGD
Estimated Monthly Salary: 7,347 SGD
Estimated Weekly Salary: 1,696 SGD per week
Estimated Hourly Salary: 42 SGD per hour
By working as Assistant Loan Officer a person can save up to 989 USD per month or 11,871 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 Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Assistant Loan Officer
Last revision of data: 2025-01-04
Data as of 2025
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Assistant Loan Officer salary in Singapore
Average Yearly Salary of Assistant Loan Officer in Singapore is approximately 88,169 SGD (44,127 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 Assistant Loan Officer do?
An assistant loan officer is responsible for supporting the loan officers in various tasks related to the loan application and approval process. They assist in gathering and verifying financial documents, conducting credit checks, and evaluating loan applications. Additionally, they may communicate with clients to clarify information, answer inquiries, and provide updates on the loan status. Assistant loan officers also assist in preparing loan packages, ensuring all necessary documentation is complete and accurate. They may be involved in coordinating loan closings, preparing loan agreements, and maintaining records of loan transactions. Attention to detail, strong organizational skills, and knowledge of lending regulations are essential for this role.
Skills: Loan processing, Financial analysis, Customer service, Loan documentation, Credit evaluation, Loan administration
Job industry: Banking
Job industry: Banking
How much does Assistant Loan Officer make?
Salary details
How much does Assistant Loan Officer make?Estimated Yearly Salary: 88,169 SGD
Estimated Monthly Salary: 7,347 SGD
Estimated Weekly Salary: 1,696 SGD per week
Estimated Hourly Salary: 42 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 84,968 SGDEstimated Monthly Salary: 7,081 SGD
Estimated Weekly Salary: 1,634 SGD per week
Estimated Hourly Salary: 41 SGD per hour
Last revision of data: 2024-01-03Assistant Loan Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 44,127 USD
Estimated Monthly Salary: 3,677 USD
Estimated Weekly Salary: 849 USD per week
Estimated Hourly Salary: 21 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
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Assistant Loan Officer job salary compared to average salary in Singapore.
Comparison shows that a person working as Assistant Loan Officer in Singapore earns on average:
0.92 times the average salary (or 92% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Assistant Loan Officer job salary compared to average salary in Singapore.
Comparison shows that a person working as Assistant Loan Officer in Singapore earns on average:
0.92 times the average salary (or 92% of average salary).
Is Assistant Loan Officer a well paid job?
Yes, our data show that Assistant Loan Officer is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Assistant Loan Officer?
High salary for Assistant Loan Officer would be somewhere between 96,986 SGD and 127,845 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Assistant Loan Officer in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 88,169 SGD
Estimated Monthly Salary: 7,347 SGD
Estimated Weekly Salary: 1,696 SGD per week
Estimated Hourly Salary: 42 SGD per hour
By working as Assistant Loan Officer a person can save up to 989 USD per month or 11,871 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Assistant Loan Officer
Malaysia is 11,666 USD
Indonesia is 6,948 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 Singapore
(1,400,313 SGD per year, pre-tax.)
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5. Neurosurgeon
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7. Oncologist
(1,067,130 SGD per year, pre-tax.)
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Data as of 2025Random salary:
Student advisor (111,336 SGD per year, pre-tax.)
Gas analyst (163,959 SGD per year, pre-tax.)
Scrubber machine tender (83,547 SGD per year, pre-tax.)
Ethnomusicologist (100,146 SGD per year, pre-tax.)
International trade analyst (103,007 SGD per year, pre-tax.)
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