Average Loan Audit Team Leader Salary in Suriname for 2024

In this article, we will look at the average Loan Audit Team Leader salary for 2024 in Suriname and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Surinamese dollar. To keep things simple, we are using the SRD currency code instead of the currency symbol $.

How Much Does a Loan Audit Team Leader Make in Suriname?

A Loan Audit Team Leader working in Suriname will typically earn around 80,920 SRD per year, and this can range from the lowest average salary of about 42,040 SRD to the highest average salary of 123,400 SRD.

Average Annual Salary
80,920 SRD
Average Monthly Salary
6,743 SRD

Lowest Annual Salary
42,040 SRD
Lowest Monthly Salary
3,503 SRD

Highest Annual Salary
123,400 SRD
Highest Monthly Salary
10,283 SRD

These are average salaries for a Loan Audit Team Leader in Suriname and include benefits such as housing and transport. It's also possible for a Loan Audit Team Leader to earn more or less than the average salaries shown above.

Loan Audit Team Leader salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Loan Audit Team Leader Salaries in Suriname

So we've looked at the average salaries a Loan Audit Team Leader will earn in Suriname. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Loan Audit Team Leader can earn between 42,040 SRD and 123,400 SRD on average in Suriname. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Loan Audit Team Leader in Suriname is 79,360 SRD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 79,360 SRD, and 50% of the population earn more than 79,360 SRD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Loan Audit Team Leader salary in Suriname, 25% of the population are earning less than 53,660 SRD while 75% of the population earn more than 53,660 SRD.

75% of the population earn less than 97,840 SRD, and 25% of the population earn more than 97,840 SRD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Loan Audit Team Leader Salary by Experience Level in Suriname

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average loan audit team leader salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Loan Audit Team Leader in Suriname that has less than two years of experience can expect to earn somewhere in the region of 43,760 SRD.
  • 2 - 5 Years Experience. With two to five years of experience the average Loan Audit Team Leader salary would increase to 58,280 SRD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Loan Audit Team Leader, the average salary would be 83,140 SRD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 98,120 SRD.
  • 15 - 20 Years Experience. A Loan Audit Team Leader with 15 to 20 years of experience can earn an average of 107,960 SRD.
  • 20+ Years Experience. For a Loan Audit Team Leader with more than 20 years, the expected average salary increases to 116,380 SRD.

Average Salary by Experience Chart

0-2 Years
43,760 SRD
2-5 Years +31%
58,280 SRD
5-10 Years +40%
83,140 SRD
10-15 Years +20%
98,120 SRD
15-20 Years +9%
107,960 SRD
20+ Years +8%
116,380 SRD

Loan Audit Team Leader Salary by Education Level in Suriname

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Loan Audit Team Leader in Suriname based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Loan Audit Team Leader in Suriname with a bachelor's degree education can earn an average salary of 55,840 SRD.

  • Master's Degree. A Loan Audit Team Leader in Suriname with a master's degree education can earn an average salary of 97,460 SRD.

Average Salary by Education Chart

Bachelor's Degree
55,840 SRD
Master's Degree +77%
97,460 SRD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Suriname is around 25,700 to 77,100 SRD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Loan Audit Team Leader Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Suriname, a male loan audit team leader will earn an average of 83,200 SRD, while a female loan audit team leader will earn around 73,820 SRD.

This means that a male loan audit team leader earns approximately 13% more than a female loan audit team leader for performing the same job.

Average Salary by Gender Chart in Suriname

Male
83,200 SRD
Female -13%
73,820 SRD

Loan Audit Team Leader Average Pay Raise in Suriname

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Loan Audit Team Leader in Suriname is around 9% every 27 months.

The national average pay raise across all professions and industries in Suriname is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 9 ÷ 27 ) × 12  = 4%

What this means is that a Loan Audit Team Leader in Suriname can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Suriname for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Suriname.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Loan Audit Team Leader Bonus and Incentive Rates in Suriname

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Loan Audit Team Leader is a moderate bonus based job, with 62% of employees reporting at least one bonus in the last 12 months.

38% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%.

Received Bonus
62%
No Bonus
38%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Suriname earn approximately 20% more than private sector employees in the same role.

Public Sector
67,900 SRD
Private Sector -20%
56,460 SRD

Salaries for Jobs Similar to a Loan Audit Team Leader

In the table below, we have salary information for jobs that are similar to a Loan Audit Team Leader in Suriname.

Job Title Category Salary
AML Analyst Banking 99,920 SRD
Assistant Bank Branch Manager Banking 88,620 SRD
Assistant Bank Manager Banking 110,500 SRD
ATM Manager Banking 93,600 SRD
ATM Service Technician Banking 26,080 SRD
Bank Accounts Analyst Banking 38,060 SRD
Bank Accounts Collector Banking 24,840 SRD
Bank Accounts Controller Banking 45,580 SRD
Bank Accounts Executive Banking 69,040 SRD
Bank Accounts Manager Banking 80,500 SRD
Bank Auditing Manager Banking 84,800 SRD
Bank Branch Manager Banking 119,020 SRD
Bank Branch Operations Coordinator Banking 49,200 SRD
Bank Clerk Banking 19,980 SRD
Bank Client Service Associate Banking 33,120 SRD
Bank Collector Banking 24,280 SRD
Bank Compliance Specialist Banking 58,280 SRD
Bank Manager Banking 128,500 SRD
Bank Operational Risk Manager Banking 136,200 SRD
Bank Operations Head Banking 128,900 SRD
Bank Operations Officer Banking 53,320 SRD
Bank Operations Specialist Banking 81,880 SRD
Bank Process Manager Banking 75,280 SRD
Bank Product Manager Banking 84,040 SRD
Bank Programme Manager Banking 94,940 SRD
Bank Project Manager Banking 106,980 SRD
Bank Propositions Manager Banking 93,600 SRD
Bank Quantitative Analyst Banking 67,800 SRD
Bank Regional Manager Banking 138,200 SRD
Bank Regional Risk Officer Banking 69,180 SRD
Bank Relationship Manager Banking 101,120 SRD
Bank Relationship Officer Banking 43,520 SRD
Bank Teller Banking 24,840 SRD
Banker Banking 50,020 SRD
Banking Business Analyst Banking 70,700 SRD
Banking Business Development Officer Banking 42,040 SRD
Banking Business Planning Executive Banking 102,460 SRD
Banking Product Manager Banking 88,600 SRD
Banking Reference Data Manager Banking 78,500 SRD
Banking Risk Analyst Banking 68,400 SRD
Banking Technical Analyst Banking 39,160 SRD
Bankruptcy Coordinator Banking 48,920 SRD
Bill and Account Collector Banking 27,380 SRD
Budget Analyst Banking 73,820 SRD
Capital Risk Manager Banking 134,600 SRD
Cards Marketing Manager Banking 90,980 SRD
Cash Management Manager Banking 116,780 SRD
Check Processing Manager Banking 89,120 SRD
Commercial Vault Associate Banking 67,900 SRD
Corporate Banker Banking 48,560 SRD
Corporate Dealer Banking 75,500 SRD
Credit Analyst Banking 52,300 SRD
Credit and Collections Manager Banking 93,220 SRD
Credit Card Fraud Investigator Banking 72,700 SRD
Credit Portfolio Manager Banking 136,200 SRD
Credit Risk Analyst Banking 80,520 SRD
Credit Risk Associate Banking 73,760 SRD
Direct Bank Sales Representative Banking 49,560 SRD
Exchange Control Consultant Banking 71,280 SRD
Executive Account Analyst Banking 72,380 SRD
Financial Bank Planning Consultant Banking 88,020 SRD
Financial Banking Analysis Manager Banking 104,060 SRD
Financial Banking Assistant Banking 33,520 SRD
Financial Banking Systems Manager Banking 99,340 SRD
Foreign Exchange Manager Banking 106,500 SRD
Fraud Analyst Banking 79,280 SRD
Fraud Detection Associate Banking 51,120 SRD
Fraud Detection Manager Banking 107,320 SRD
Fraud Detection Supervisor Banking 66,020 SRD
Internal Bank Audit Manager Banking 123,400 SRD
Internal Bank Auditor Banking 67,560 SRD
Internal Private Banker Banking 48,940 SRD
International Banking Manager Banking 138,200 SRD
Investment Banking Analyst Banking 102,720 SRD
Loan Analyst Banking 69,780 SRD
Loan Area Manager Banking 85,020 SRD
Loan Branch Manager Banking 78,480 SRD
Loan Business Development Officer Banking 43,340 SRD
Loan Clerk Banking 23,700 SRD
Loan Collection and Recovery Manager Banking 84,580 SRD
Loan Collection Manager Banking 83,900 SRD
Loan Collector Banking 22,340 SRD
Loan Examiner Banking 32,200 SRD
Loan Officer Banking 27,300 SRD
Loan Processing Manager Banking 78,940 SRD
Loan Processor Banking 31,520 SRD
Loan Quality Assurance Auditor Banking 67,300 SRD
Loan Quality Assurance Manager Banking 76,540 SRD
Loan Quality Assurance Representative Banking 50,980 SRD
Loan Review Manager Banking 76,280 SRD
Loan Team Leader Banking 69,780 SRD
Loans Manager Banking 96,960 SRD
Mortgage Advisor Banking 47,720 SRD
Mortgage Collection Manager Banking 82,200 SRD
Mortgage Collector Banking 22,420 SRD
Mortgage Credit Analyst Banking 37,740 SRD
Mortgage Credit Manager Banking 78,400 SRD
Mortgage Development Manager Banking 93,120 SRD
Mortgage Document Reviewer Banking 32,620 SRD
Mortgage Funding Manager Banking 91,660 SRD
Mortgage Operations Manager Banking 116,180 SRD
Mortgage Payment Processing Clerk Banking 24,200 SRD
Mortgage Processing Manager Banking 83,140 SRD
Mortgage Processor Banking 31,980 SRD
Mortgage Quality Assurance Auditor Banking 67,900 SRD
Mortgage Quality Assurance Manager Banking 78,500 SRD
Mortgage Servicing Clerk Banking 24,860 SRD
Mortgage Servicing Manager Banking 81,880 SRD
Mortgage Underwriter Banking 27,560 SRD
Online Banking Manager Banking 118,520 SRD
Payment Processing Clerk Banking 23,080 SRD
Personal Banker Banking 53,840 SRD
Personal Banking Advisor Banking 50,180 SRD
Phone Banker Banking 30,700 SRD
Private Banker Banking 51,080 SRD
Reconciliation and Investigation Specialist Banking 55,580 SRD
Tax Officer Banking 43,260 SRD
Teller Banking 25,220 SRD
Trade Officer Banking 26,100 SRD
Trade Product Manager Banking 79,000 SRD
Trader Banking 35,500 SRD
Treasury Operations Officer Banking 59,940 SRD

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