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Banking

Loan Specialist

Gross salary in Nigeria is
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80% of people earn:
1.5M - 5.9M NGN
10% earn less lthan 1.5M NGN
10% earns more than 5.9M NGN

Salaries in the survey are expressed in gross.

Based on the Nigeria.paylab.com salary survey, 80% of people on the Loan Specialist position in the Nigeria earn between 1,547,616 NGN and 5,854,656 NGN annually gross.

10% of employees earn less than 1,547,616 NGN and 10% of people earn more than 5,854,656 NGN.

The survey is based on data from employees, cleaned of extreme and duplicate values.

Description of job position

  • Providing advice connected to consumer, mortgage, and commercial loans.
  • Evaluating client creditworthiness pursuant to the lending policy at the financial institution.
  • Concluding loan contracts on behalf of the financial institution.
  • Checking the payment of instalments and the fulfilment of conditions agreed in the loan agreement.
  • Adjusting deadlines and monthly instalments, loan maturity, etc. in the event that a client is temporarily unable to make payments.
  • Contacting competing financial institutions with proposals for co-financing higher-cost investment projects.
  • Cooperating with executors and external companies that deal with the collection of receivables.

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Position Loan Specialist - Banking in the labour market

In the salary ranking,
the job position takes

368. place

Women representation in position

n/a

Average age of respondent by position

n/a

791. place

Nursery School Teacher Assistant

Education, Science & Research

Salary group 1

1,066,860 - 2,365,572 NGN

369. place

Quantity Surveyor

Construction & Real Estate

Salary group 2

1,469,940 - 5,951,520 NGN

368. place

Loan Specialist

Banking

Salary group 2

1,547,616 - 5,854,656 NGN

367. place

Aircraft Technician

Transport, Haulage, Logistics

Salary group 2

2,152,020 - 5,020,884 NGN

1. place

Software Engineer

Information Technology

Salary group 3

5,552,762 - 32,281,647 NGN

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