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Loan Specialist Salary in Jeddah, Saudi Arabia
How much does a Loan Specialist make in Jeddah, Saudi Arabia?
78,780 ر.س. (SAR)/year
Average Bonus
1,576 ر.س. (SAR)
per Year
Total Compensation
79,496.60 ر.س.
Entry Level
59,360 ر.س.
Median
77,921 ر.س.
Senior Level
88,646 ر.س.
As of July, 23, 2026, the average loan specialist gross salary in Jeddah, Saudi Arabia is 78,780 ر.س. or an equivalent hourly rate of 32 ر.س.. In addition, loan specialists earn an average bonus of 1,576 ر.س.. An entry level loan specialist with 1-3 years of experience earns an average salary of 59,360 ر.س.. At the higher end of the pay range, a senior level loan specialist with 8+ years of experience earns an average salary of 88,646 ر.س.. Salary estimates are based on salary survey data collected directly from employers in Jeddah, Saudi Arabia.
Data powered by ERI
Salary Potential for a Loan Specialist
Explore the estimated salary growth for a Loan Specialist in Jeddah, Saudi Arabia for up to 5 years. The estimated salary of a Loan Specialist will be 80,505 ر.س. in 1 year and 87,792 ر.س. in 5 years.
View Salary by Year
Estimated Salary
82,268 ر.س.
Average Growth
4.4 %
The estimated salary for a Loan Specialist in 2 years is 82,268 ر.س., which is 4.4 % average growth. This information is based on ERI's compensation database.
Typical Loan Specialist Education
This chart displays the highest level of education for Loan Specialists.
- 0% of Loan Specialists have less than a High School Diploma
- 100% of Loan Specialists have a High School Diploma
- 0% of Loan Specialists have an Associate's Degree
- 0% of Loan Specialists have a Bachelor's Degree
- 0% of Loan Specialists have a Master's Degree
- 0% of Loan Specialists have a Doctorate Degree
The typical field of study for a Loan Specialist is Finance.
See how education can impact your salaryPopular Skills for a Loan Specialist
Processes applications
100%
These are the most popular skills for Loan Specialists. About 100% of Loan Specialists have a skill in Processes applications.
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Loan Specialist Salaries in Other Locations
Salaries for Similar Job Titles in Jeddah, Saudi Arabia
Loan Specialist Jobs
View moreCost of Living in Jeddah, Saudi Arabia
The cost of living in Jeddah, Saudi Arabia is 3% lower than the national average.
3% lower
than the national average
Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.
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Frequently Asked Questions
What does a Loan Specialist do?
Processes applications of individuals applying for loans and credit in compliance with bank policies, meeting investor guidelines, and demonstrating lending strategies. Meets with applicants to assess their needs, asks questions to obtain personal and financial data, helps them prepare the applications, and ensures the applications are completed correctly. Receives, compiles, and checks credit and various required documents from applicants, credit bureaus, employers, and individuals listed as references to determine creditworthiness of the loan and to support the loan approval decision.
How much does a Loan Specialist make in Jeddah, Saudi Arabia?
The average salary for a Loan Specialist is 78,780 ر.س. per year or 31.56 ر.س. per hour in Jeddah, Saudi Arabia. Top earners have reported making up to 88,646 ر.س.. However, the typical pay range in Jeddah, Saudi Arabia is between 59,360 ر.س. and 88,646 ر.س. annually.
What is the salary trajectory for a Loan Specialist?
Loan Specialist is projected to see a 11.4 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Loan Specialist salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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