Loan Review Officer salary in United Kingdom

Average Yearly Salary of Loan Review Officer in United Kingdom is approximately 53,413 GBP (62,912 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 Review Officer do?

A loan review officer is responsible for assessing the creditworthiness and risk associated with loan applications. They thoroughly analyze financial documents, credit reports, and other relevant information to evaluate the borrower's ability to repay the loan. The officer also ensures compliance with lending policies and regulations, identifying any potential red flags or areas of concern. They may collaborate with loan officers, underwriters, and other stakeholders to make informed decisions regarding loan approvals, modifications, or rejections. Additionally, loan review officers monitor existing loans to identify any potential risks or signs of default, conducting periodic reviews and assessments. Strong analytical skills, attention to detail, and knowledge of lending practices are essential in this role.

Skills: Loan review officer, Credit assessment, Risk analysis, Compliance, Financial analysis, Loan portfolio management
Job industry: Banking

How much does Loan Review Officer make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Loan Review Officer a well paid job?

Yes, our data shows that Loan Review Officer 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 Review Officer?

High salary for Loan Review Officer would be somewhere between 58,754 GBP and 77,449 GBP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Loan Review Officer in United Kingdom?

Living in United Kingdom the approximate monthly expenses are: 1,956 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: 53,413 GBP
Estimated Monthly Salary: 4,451 GBP
Estimated Weekly Salary: 1,027 GBP per week
Estimated Hourly Salary: 26 GBP per hour
By working as Loan Review Officer a person can save up to 3,287 USD per month or 39,445 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 United Kingdom, see costs of living in United Kingdom.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Ireland.
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 Review Officer

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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