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Loan Operations Officer
$94,737 (CAD)/yr
$45.55 (CAD)/hr
$3,543 (CAD)/yr
The average loan operations officer gross salary in Sudbury, Ontario is $94,737 or an equivalent hourly rate of $46. This is 1% lower (-$657) than the average loan operations officer salary in Canada. In addition, they earn an average bonus of $3,543. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Sudbury, Ontario. An entry level loan operations officer (1-3 years of experience) earns an average salary of $67,272. On the other end, a senior level loan operations officer (8+ years of experience) earns an average salary of $117,292.
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This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
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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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Salary Potential
$103,943 (CAD)
10 %
Based on our compensation data, the estimated salary potential for Loan Operations Officer will increase 10 % over 5 years.
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City Overview
The cost of living in Sudbury, Ontario is 5% more than the average cost of living in Canada. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.
View Cost of Living PageSudbury, officially the City of Greater Sudbury, is the largest city in Northern Ontario by population, with a population of 166,004 at the 2021 Canadian Census. By land area, it is the largest in Ontario and the fifth largest in Canada. It is administratively a single-tier municipality and thus is not part of any district, county, or regional municipality. The City of Greater Sudbury is separate from, but entirely surrounded by the Sudbury District. The city is also referred to as "Ville du Grand...
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Job Description
Supervises and coordinates activities of workers engaged in processing and recording commercial, residential, and consumer loans. Reviews and authorizes corrections to loan records. Recommends measures to improve work methods and employee performance. May supervise mortgage loan processor, mortgage loan closer, and clerk regarding procedures. NOTE--ERI's salary based on asset size.
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Disclaimer
This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
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.
Most Popular Skills for Loan Operations Officer
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SalaryExpert, powered by ERI, provides verified salary and cost of living data to the public with a comprehensive platform for evaluating compensation, career, relocation, and education decisions.
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