Banking

Salary for position Loan Specialist in Latvia

The average monthly net salary in Latvia is

An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:

1,219 - 2,337 USD

10% earn less lthan 1,219 USD

10% earns more than 2,337 USD

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What does the data in the graph mean?

Salaries in the survey are expressed in net.

Based on the Algas.lv salary survey, 80% of people on the Loan Specialist position in the Latvia earn between 1,219 USD and 2,337 USD monthly net.

10% of employees earn less than 1,219 USD and 10% of people earn more than 2,337 USD.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.

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What kind of work does Loan Specialist typically do

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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The most common career path of an employee

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Position: Loan Specialist

The job position is
in the salary ranking on

341 place

Women representation in position

100%

Average age of respondent in position

666. place

Au-pair

General labour

584 - 1,018 USD

342. place

Operations Supervisor

Production

1,059 - 2,540 USD

341. place

Loan Specialist

Banking

1,219 - 2,337 USD

340. place

Design Engineer

Wood Processing Industry

1,205 - 2,316 USD

1. place

Sailor

Transport, Haulage, Logistics

2,801 - 9,953 USD

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