Home > Salary > Singapore > 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: 181,680 SGD
Estimated Monthly Salary: 15,140 SGD
Estimated Weekly Salary: 3,494 SGD per week
Estimated Hourly Salary: 87 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,650 SGD
Estimated Weekly Salary: 3,381 SGD per week
Estimated Hourly Salary: 85 SGD per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 91,194 USD
Estimated Monthly Salary: 7,600 USD
Estimated Weekly Salary: 1,754 USD per week
Estimated Hourly Salary: 44 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: 181,680 SGD
Estimated Monthly Salary: 15,140 SGD
Estimated Weekly Salary: 3,494 SGD per week
Estimated Hourly Salary: 87 SGD per hour
By working as Loan Servicing Manager a person can save up to 4,912 USD per month or 58,938 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 Loan Servicing Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Dog house sitter (83,271 SGD per year, pre-tax.)
Fiscal services manager (162,814 SGD per year, pre-tax.)
Employment agency manager (127,580 SGD per year, pre-tax.)
Logistics analyst (155,286 SGD per year, pre-tax.)
Expanded functions dental assistant (efda) (69,625 SGD per year, pre-tax.)
Loan Servicing Manager salary in Singapore
Average Yearly Salary of Loan Servicing Manager in Singapore is approximately 181,680 SGD (91,194 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: 181,680 SGD
Estimated Monthly Salary: 15,140 SGD
Estimated Weekly Salary: 3,494 SGD per week
Estimated Hourly Salary: 87 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 175,796 SGDEstimated Monthly Salary: 14,650 SGD
Estimated Weekly Salary: 3,381 SGD per week
Estimated Hourly Salary: 85 SGD 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: 91,194 USD
Estimated Monthly Salary: 7,600 USD
Estimated Weekly Salary: 1,754 USD per week
Estimated Hourly Salary: 44 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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Loan Servicing Manager job salary compared to average salary in Singapore.
Comparison shows that a person working as Loan Servicing Manager in Singapore earns on average:
1.9 times the average salary (or 190% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Loan Servicing Manager job salary compared to average salary in Singapore.
Comparison shows that a person working as Loan Servicing Manager in Singapore earns on average:
1.9 times the average salary (or 190% 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 199,848 SGD and 263,436 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Servicing Manager 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: 181,680 SGD
Estimated Monthly Salary: 15,140 SGD
Estimated Weekly Salary: 3,494 SGD per week
Estimated Hourly Salary: 87 SGD per hour
By working as Loan Servicing Manager a person can save up to 4,912 USD per month or 58,938 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 Loan Servicing Manager
Malaysia is 24,089 USD
Indonesia is 14,329 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.)
2. Cardiologist
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
7. Oncologist
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)
Data as of 2025Random salary:
Dog house sitter (83,271 SGD per year, pre-tax.)
Fiscal services manager (162,814 SGD per year, pre-tax.)
Employment agency manager (127,580 SGD per year, pre-tax.)
Logistics analyst (155,286 SGD per year, pre-tax.)
Expanded functions dental assistant (efda) (69,625 SGD per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=singapore&job=loan-servicing-manager'><img src='https://optisalary.com/wp-content/graphs/salary/loan-servicing-manager-salary-in-singapore-2025.jpg' alt='loan servicing manager salary in singapore 2025' title='loan servicing manager salary in singapore 2025' /></a>
Please note:The salary figures on this website are meant for reference use exclusively.
Salary data displayed on this site is for reference exclusively. Our figures come from various sources, but we do not guarantee their accuracy. Users should always verify salary details with additional resources before making job-related commitments. Salaries fluctuate due to individual experience, market demand, and employer policies. We cannot offer any assurances about the completeness of the provided salary data. By navigating this site, you agree these limitations.
By using optisalary.com, you acknowledge that salary details are subject to change.