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Loan Quality Assurance Auditor Average Salary in Bangladesh 2024

How much money does a person working as Loan Quality Assurance Auditor make in Bangladesh?


Average Monthly Salary
28,400 BDT
( 340,000 BDT yearly)

LOW
13,000
BDT
AVERAGE
28,400
BDT
HIGH
45,100
BDT
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Loan Quality Assurance Auditor in Bangladesh typically earns around 28,400 BDT. Salaries range from 13,000 BDT (lowest) to 45,100 BDT (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Loan Quality Assurance Auditor salaries in Bangladesh vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Loan Quality Assurance Auditor Pay Scale and Salaries in Bangladesh

Median and salary distribution Bangladesh Loan Quality Assurance Auditor monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
26,900 BDT or more
10% of people earn
23,600 to 26,900 BDT
20% of people earn
16,200 BDT or less
65% of people earn
16,200 to 23,600 BDT
Minimum Salary
13,000 BDT
Median
27,100 BDT
Maximum
45,100 BDT




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Loan Quality Assurance Auditor in Bangladesh range from 13,000 BDT (starting salary) to 45,100 BDT (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 27,100 BDT, half of the professionals who work as Loan Quality Assurance Auditor in Bangladesh earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Loan Quality Assurance Auditor in Bangladesh earn less than 21,900 BDT, while 75% earn more. Similarly, the chart shows that 75% earn less than 31,200 BDT while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Loan Quality Assurance Auditor in Bangladesh compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 16,200 BDT to 23,600 BDT. About 20% of salaries are below the 16,200 BDT mark, while 10% fall within the range of 23,600 BDT to 26,900 BDT. Only 5% of individuals have salaries exceeding 26,900 BDT.

Salary Comparison by Years of Experience / Loan Quality Assurance Auditor / Bangladesh

How do experience and age affect pay?

0 - 2 Years
14,800 BDT
2 - 5 Years+34%
19,800 BDT
5 - 10 Years+48%
29,200 BDT
10 - 15 Years+22%
35,600 BDT
15 - 20 Years+9%
38,800 BDT
20+ Years+8%
42,100 BDT
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Bangladesh Loan Quality Assurance Auditor
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Loan Quality Assurance Auditor and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 14,800 BDT.

While someone with an experience level between two and five years is expected to earn 19,800 BDT, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 29,200 BDT, 48% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 35,600 BDT, 22% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 38,800 BDT, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 42,100 BDT, 8% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Loan Quality Assurance Auditor / Bangladesh

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Loan Quality Assurance Auditor.

Bachelor's Degree
17,200 BDT
Master's Degree+93%
33,200 BDT
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Bangladesh Loan Quality Assurance Auditor
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Loan Quality Assurance Auditor in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 17,200 BDT.


Level 2: Master's Degree

At this level, the average salary becomes 33,200 BDT, 93% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Bangladesh costs anywhere from 131,000 BDT to 392,000 BDT and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Loan Quality Assurance Auditor / Bangladesh

Salary comparison by gender Bangladesh Loan Quality Assurance Auditor monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Loan Quality Assurance Auditor in Bangladesh, the average difference between the salary of male and female employees is 21%.

Male
31,100 BDT
Female-18%
25,600 BDT
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Bangladesh for all Careers

Salary comparison by gender monthly Bangladesh
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Average Annual Salary Increment Percentage / Loan Quality Assurance Auditor / Bangladesh

How much are annual salary increments in Bangladesh for individuals working as Loan Quality Assurance Auditor? How often do employees get salary raises?

Individuals working as Loan Quality Assurance Auditor in Bangladesh are likely to observe a salary increase of approximately 9% every 27 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Bangladesh Loan Quality Assurance Auditor
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Bangladesh / All Professions

Annual Salary Increment Rate Bangladesh
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Bangladesh is 2%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Loan Quality Assurance Auditor / Bangladesh

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Bangladesh Loan Quality Assurance Auditor
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34% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 66% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus
66%
No Bonus
34%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Loan Quality Assurance Auditor / Bangladesh


160 BDT per hour

The average hourly wage (pay per hour) for individuals working as Loan Quality Assurance Auditor in Bangladesh is 160 BDT.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Loan Quality Assurance Auditor in Bangladesh is 75 BDT. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Banking-100%
AML Analyst40,700 BDT+43%
Assistant Bank Branch Manager35,700 BDT+26%
Assistant Bank Manager46,700 BDT+65%
ATM Manager40,100 BDT+41%
ATM Service Technician11,300 BDT-60%
Bank Accounts Analyst14,900 BDT-47%
Bank Accounts Collector9,600 BDT-66%
Bank Accounts Controller19,000 BDT-33%
Bank Accounts Executive28,800 BDT+2%
Bank Accounts Manager34,000 BDT+20%
Bank Auditing Manager33,400 BDT+18%
Bank Branch Manager47,800 BDT+69%
Bank Branch Operations Coordinator20,600 BDT-27%
Bank Clerk9,400 BDT-67%
Bank Client Service Associate12,600 BDT-56%
Bank Collector9,830 BDT-65%
Bank Compliance Specialist26,200 BDT-8%
Bank Manager55,600 BDT+96%
Bank Operational Risk Manager58,300 BDT+110%
Bank Operations Head54,700 BDT+93%
Bank Operations Officer21,400 BDT-25%
Bank Operations Specialist35,400 BDT+25%
Bank Process Manager32,900 BDT+16%
Bank Product Manager 35,500 BDT+25%
Bank Programme Manager38,900 BDT+37%
Bank Project Manager45,200 BDT+59%
Bank Propositions Manager41,800 BDT+47%
Bank Quantitative Analyst27,500 BDT-3%
Bank Regional Manager57,300 BDT+100%
Bank Regional Risk Officer28,400 BDT+0%
Bank Relationship Manager42,800 BDT+51%
Bank Relationship Officer18,400 BDT-35%
Bank Sustainability Analyst33,600 BDT+18%
Bank Teller9,860 BDT-65%
Banker20,400 BDT-28%
Banking Business Analyst29,800 BDT+5%
Banking Business Development Officer17,800 BDT-37%
Banking Business Planning Executive43,300 BDT+53%
Banking Data Analyst35,100 BDT+24%
Banking Product Manager38,100 BDT+34%
Banking Reference Data Manager32,800 BDT+16%
Banking Regulatory Compliance Officer33,200 BDT+17%
Banking Risk Analyst28,300 BDT-0%
Banking Technical Analyst15,700 BDT-45%
Bankruptcy Coordinator21,400 BDT-25%
Bill and Account Collector10,300 BDT-64%
Blockchain Analyst26,200 BDT-8%
Blockchain Architect28,000 BDT-1%
Blockchain Auditor25,300 BDT-11%
Blockchain Compliance Analyst26,600 BDT-6%
Blockchain Consultant28,400 BDT+0%
Blockchain Trade Facilitator24,300 BDT-14%
Budget Analyst29,900 BDT+5%
Capital Risk Manager55,600 BDT+96%
Cards Marketing Manager35,100 BDT+24%
Cash Management Manager50,700 BDT+79%
Check Processing Manager38,200 BDT+35%
Chief Blockchain Officer32,900 BDT+16%
Commercial Vault Associate29,500 BDT+4%
Corporate Banker20,900 BDT-26%
Corporate Dealer29,900 BDT+5%
Credit Analyst21,800 BDT-23%
Credit and Collections Manager38,700 BDT+36%
Credit Card Fraud Investigator30,200 BDT+6%
Credit Portfolio Manager54,900 BDT+94%
Credit Risk Analyst33,300 BDT+17%
Credit Risk Associate30,000 BDT+6%
Cryptocurrency Accountant18,800 BDT-34%
Cryptocurrency Adviser37,200 BDT+31%
Cryptocurrency Analyst28,400 BDT+0%
Cryptocurrency Compliance Manager32,500 BDT+15%
Cryptocurrency Trader29,600 BDT+4%
Digital Banking Manager38,200 BDT+35%
Digital Currency Analyst27,600 BDT-3%
Direct Bank Sales Representative21,100 BDT-26%
Exchange Control Consultant32,400 BDT+14%
Executive Account Analyst30,100 BDT+6%
Financial Bank Planning Consultant36,000 BDT+27%
Financial Banking Analysis Manager45,300 BDT+60%
Financial Banking Assistant13,500 BDT-52%
Financial Banking Systems Manager39,400 BDT+39%
Foreign Exchange Manager42,900 BDT+51%
Fraud Analyst31,800 BDT+12%
Fraud Detection Associate21,600 BDT-24%
Fraud Detection Manager47,700 BDT+68%
Fraud Detection Supervisor26,600 BDT-6%
Internal Bank Audit Manager52,000 BDT+83%
Internal Bank Auditor28,200 BDT-1%
Internal Private Banker21,500 BDT-24%
International Banking Manager60,600 BDT+110%
Investment Banking Analyst42,900 BDT+51%
Loan Analyst28,800 BDT+2%
Loan Area Manager34,700 BDT+22%
Loan Audit Team Leader32,500 BDT+15%
Loan Branch Manager32,800 BDT+16%
Loan Business Development Officer18,000 BDT-37%
Loan Clerk10,700 BDT-62%
Loan Collection and Recovery Manager34,000 BDT+20%
Loan Collection Manager36,900 BDT+30%
Loan Collector9,450 BDT-67%
Loan Examiner12,800 BDT-55%
Loan Officer11,700 BDT-59%
Loan Processing Manager32,200 BDT+14%
Loan Processor13,700 BDT-52%
Loan Quality Assurance Auditor28,400 BDT+0%
Loan Quality Assurance Manager32,100 BDT+13%
Loan Quality Assurance Representative21,800 BDT-23%
Loan Review Manager33,500 BDT+18%
Loan Team Leader30,500 BDT+8%
Loans Manager37,400 BDT+32%
Mortgage Advisor21,300 BDT-25%
Mortgage Collection Manager33,200 BDT+17%
Mortgage Collector9,430 BDT-67%
Mortgage Credit Analyst15,600 BDT-45%
Mortgage Credit Manager33,400 BDT+18%
Mortgage Development Manager39,000 BDT+38%
Mortgage Document Reviewer12,200 BDT-57%
Mortgage Funding Manager36,900 BDT+30%
Mortgage Operations Manager48,900 BDT+72%
Mortgage Payment Processing Clerk11,000 BDT-61%
Mortgage Processing Manager33,300 BDT+17%
Mortgage Processor13,300 BDT-53%
Mortgage Quality Assurance Auditor28,900 BDT+2%
Mortgage Quality Assurance Manager33,700 BDT+19%
Mortgage Servicing Clerk10,500 BDT-63%
Mortgage Servicing Manager33,800 BDT+19%
Mortgage Underwriter12,800 BDT-55%
Online Banking Manager52,400 BDT+85%
Open Banking Strategist29,100 BDT+3%
Payment Processing Clerk10,900 BDT-62%
Personal Banker21,800 BDT-23%
Personal Banking Advisor 21,900 BDT-23%
Phone Banker13,700 BDT-52%
Private Banker20,400 BDT-28%
Reconciliation and Investigation Specialist24,800 BDT-13%
Tax Officer16,800 BDT-41%
Teller10,200 BDT-64%
Trade Officer11,800 BDT-58%
Trade Product Manager34,300 BDT+21%
Trader14,600 BDT-49%
Treasury Operations Officer25,200 BDT-11%
Wealth Management Advisor41,200 BDT+45%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Bangladesh is 25% on average across all career fields.

Private Sector
23,200 BDT
Public Sector+25%
29,000 BDT
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Loan Quality Assurance Auditor in Bangladesh?

A good and competitive compensation would range anywhere between 27,100 BDT and 31,200 BDT. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Loan Quality Assurance Auditor in Bangladesh ranges from 13,000 BDT to 21,900 BDT. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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