Commercial Loan Collection Officer

71 435 € (EUR)/yr

34,34 € (EUR)/hr

2 272 € (EUR)/yr

The average commercial loan collection officer gross salary in Luxembourg is 71 435 € or an equivalent hourly rate of 34 €. In addition, they earn an average bonus of 2 272 €. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Luxembourg. An entry level commercial loan collection officer (1-3 years of experience) earns an average salary of 51 452 €. On the other end, a senior level commercial loan collection officer (8+ years of experience) earns an average salary of 88 006 €.

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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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77 824 € (EUR)

9 %

Based on our compensation data, the estimated salary potential for Commercial Loan Collection Officer will increase 9 % over 5 years.

Education data not available for this job

Luxembourg

Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Luxembourg ( LUK-səm-burg; Luxembourgish: Lëtzebuerg [ˈlətsəbuəɕ] ; German: Luxemburg [ˈlʊksm̩bʊʁk] ; French: Luxembourg [lyksɑ̃buʁ] ), officially the Grand Duchy of Luxembourg, is a small landlocked country in Western Europe. It is bordered by Belgium to the west and north, Germany to the east, and France to the south. Its capital and most populous city, Luxembourg, is one of the four institutional seats of the European Union (together with Brussels, Frankfurt, and Strasbourg) and the seat of several...

Sourced from Wikipedia
Writes letter to customer to demand payment of loan balance. Calls or visits with customer to determine if repayment plan can be established. Reviews files of commercial loans in default to determine collateral held by bank. Initiates collateral liquidation when customer does not repay loan. Read More

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Disclaimer

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Professionals should subscribe to SalaryExpert’s Assessor Platform.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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