Average Loan Collection Manager Salary in Finland for 2026

In this article, we will look at the average Loan Collection Manager salary for 2026 in Finland 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 Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol .

How Much Does a Loan Collection Manager Make in Finland?

A Loan Collection Manager working in Finland will typically earn around 70,840 EUR per year, and this can range from the lowest average salary of about 35,560 EUR to the highest average salary of 113,420 EUR.

Average Annual Salary70,840 EUR
Average Monthly Salary5,903 EUR
Average Lowest Salary35,560 EUR
Lowest Monthly Salary2,963 EUR
Average Highest Salary113,420 EUR
Highest Monthly Salary9,451 EUR

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

Loan Collection Manager 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 Collection Manager Salaries in Finland

So we've looked at the average salaries a Loan Collection Manager will earn in Finland. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Loan Collection Manager can earn between 35,560 EUR and 113,420 EUR on average in Finland. 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 Collection Manager in Finland is 78,160 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 78,160 EUR, and 50% of the population earn more than 78,160 EUR.

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 Collection Manager salary in Finland, 25% of the population are earning less than 48,300 EUR while 75% of the population earn more than 48,300 EUR.

75% of the population earn less than 100,140 EUR, and 25% of the population earn more than 100,140 EUR.

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 Collection Manager Salary by Experience Level in Finland

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 Collection Manager 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 Collection Manager in Finland that has less than two years of experience can expect to earn somewhere in the region of 40,420 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Loan Collection Manager salary would increase to 52,300 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Loan Collection Manager, the average salary would be 78,420 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 95,620 EUR.
  • 15 - 20 Years Experience. A Loan Collection Manager with 15 to 20 years of experience can earn an average of 97,880 EUR.
  • 20+ Years Experience. For a Loan Collection Manager with more than 20 years, the expected average salary increases to 106,960 EUR.

Average Salary by Experience Chart

0-2 Years-
40,420 EUR
2-5 Years+38%
52,300 EUR
5-10 Years+42%
78,420 EUR
10-15 Years+22%
95,620 EUR
15-20 Years+6%
97,880 EUR
20+ Years+9%
106,960 EUR

Loan Collection Manager Salary by Education Level in Finland

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 Collection Manager in Finland 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 Collection Manager in Finland with a bachelor's degree education can earn an average salary of 52,300 EUR.
  • Master's Degree. A Loan Collection Manager in Finland with a master's degree education can earn an average salary of 97,880 EUR.

Average Salary by Education Chart

Bachelor's Degree-
52,300 EUR
Master's Degree+83%
97,880 EUR

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 Finland is around 23,400 to 70,300 EUR 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 Collection Manager 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 Finland, a male loan collection manager will earn an average of 73,100 EUR, while a female loan collection manager will earn around 69,400 EUR.

This means that a male loan collection manager earns approximately 5% more than a female loan collection manager for performing the same job.

Average Salary by Gender Chart in Finland

Male-
73,100 EUR
Female-5%
69,400 EUR

Loan Collection Manager Average Pay Raise in Finland

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 Collection Manager in Finland is around 12% every 15 months.

The national average pay raise across all professions and industries in Finland is around 8% every 16 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 = ( 12 ÷ 15 ) × 12  = 10%

What this means is that a Loan Collection Manager in Finland can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in Finland for 2026

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

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

Banking-
1%
Energy-
2%
Information Technology-
3%
Healthcare-
4%
Travel-
5%
Construction-
6%
Education-
7%

Loan Collection Manager Bonus and Incentive Rates in Finland

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 Collection Manager is a high bonus based job, with 85% of employees reporting at least one bonus in the last 12 months.

15% 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 5% to 9%.

Received Bonus-
85%
No Bonus-
15%

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 Finland earn approximately 6% more than private sector employees in the same role.

Public Sector-
59,380 EUR
Private Sector-6%
56,060 EUR

Salaries for Jobs Similar to a Loan Collection Manager

In the table below, we have salary information for jobs that are similar to a Loan Collection Manager in Finland.

Job TitleCategorySalary
AML AnalystBanking85,460 EUR
ATM ManagerBanking83,200 EUR
ATM Service TechnicianBanking22,420 EUR
Assistant Bank Branch ManagerBanking73,260 EUR
Assistant Bank ManagerBanking89,980 EUR
Bank Accounts AnalystBanking31,180 EUR
Bank Accounts CollectorBanking18,900 EUR
Bank Accounts ControllerBanking43,340 EUR
Bank Accounts ExecutiveBanking62,420 EUR
Bank Accounts ManagerBanking69,060 EUR
Bank Auditing ManagerBanking71,700 EUR
Bank Branch ManagerBanking102,380 EUR
Bank Branch Operations CoordinatorBanking45,580 EUR
Bank ClerkBanking19,860 EUR
Bank Client Service AssociateBanking26,500 EUR
Bank CollectorBanking21,100 EUR
Bank Compliance SpecialistBanking50,620 EUR
Bank ManagerBanking112,760 EUR
Bank Operational Risk ManagerBanking113,420 EUR
Bank Operations HeadBanking123,400 EUR
Bank Operations OfficerBanking47,580 EUR
Bank Operations SpecialistBanking66,960 EUR
Bank Process ManagerBanking63,700 EUR
Bank Product Manager Banking74,380 EUR
Bank Programme ManagerBanking78,940 EUR
Bank Project ManagerBanking90,540 EUR
Bank Propositions ManagerBanking85,020 EUR
Bank Quantitative AnalystBanking58,520 EUR
Bank Regional ManagerBanking119,860 EUR
Bank Regional Risk OfficerBanking61,180 EUR
Bank Relationship ManagerBanking84,740 EUR
Bank Relationship OfficerBanking39,080 EUR
Bank TellerBanking21,100 EUR
BankerBanking38,780 EUR
Banking Business AnalystBanking60,160 EUR
Banking Business Development OfficerBanking36,720 EUR
Banking Business Planning ExecutiveBanking85,940 EUR
Banking Product ManagerBanking75,260 EUR
Banking Reference Data ManagerBanking69,240 EUR
Banking Risk AnalystBanking61,400 EUR
Banking Technical AnalystBanking30,700 EUR
Bankruptcy CoordinatorBanking43,520 EUR
Bill and Account CollectorBanking23,380 EUR
Budget AnalystBanking57,360 EUR
Capital Risk ManagerBanking110,380 EUR
Cards Marketing ManagerBanking73,980 EUR
Cash Management ManagerBanking102,960 EUR
Check Processing ManagerBanking77,060 EUR
Commercial Vault AssociateBanking57,320 EUR
Corporate BankerBanking44,800 EUR
Corporate DealerBanking60,460 EUR
Credit AnalystBanking47,180 EUR
Credit Card Fraud InvestigatorBanking66,000 EUR
Credit Portfolio ManagerBanking113,700 EUR
Credit Risk AnalystBanking63,480 EUR
Credit Risk AssociateBanking66,100 EUR
Credit and Collections ManagerBanking79,280 EUR
Direct Bank Sales RepresentativeBanking43,340 EUR
Exchange Control ConsultantBanking58,800 EUR
Executive Account AnalystBanking57,320 EUR
Financial Bank Planning ConsultantBanking77,380 EUR
Financial Banking Analysis ManagerBanking85,940 EUR
Financial Banking AssistantBanking30,800 EUR
Financial Banking Systems ManagerBanking80,520 EUR
Foreign Exchange ManagerBanking84,180 EUR
Fraud AnalystBanking61,680 EUR
Fraud Detection AssociateBanking43,760 EUR
Fraud Detection ManagerBanking93,340 EUR
Fraud Detection SupervisorBanking53,380 EUR
Internal Bank Audit ManagerBanking104,060 EUR
Internal Bank AuditorBanking58,440 EUR
Internal Private BankerBanking41,180 EUR
International Banking ManagerBanking125,100 EUR
Investment Banking AnalystBanking88,260 EUR
Loan AnalystBanking58,240 EUR
Loan Area ManagerBanking73,880 EUR
Loan Audit Team LeaderBanking68,400 EUR
Loan Branch ManagerBanking65,080 EUR
Loan Business Development OfficerBanking35,520 EUR
Loan ClerkBanking20,460 EUR
Loan Collection and Recovery ManagerBanking71,020 EUR
Loan CollectorBanking20,940 EUR
Loan ExaminerBanking25,660 EUR
Loan OfficerBanking20,460 EUR
Loan Processing ManagerBanking66,020 EUR
Loan ProcessorBanking25,160 EUR
Loan Quality Assurance AuditorBanking64,040 EUR
Loan Quality Assurance ManagerBanking67,120 EUR
Loan Quality Assurance RepresentativeBanking45,600 EUR
Loan Review ManagerBanking66,580 EUR
Loan Team LeaderBanking62,460 EUR
Loans ManagerBanking80,580 EUR
Mortgage AdvisorBanking40,600 EUR
Mortgage Collection ManagerBanking69,580 EUR
Mortgage CollectorBanking20,120 EUR
Mortgage Credit AnalystBanking33,960 EUR
Mortgage Credit ManagerBanking66,260 EUR
Mortgage Development ManagerBanking75,260 EUR
Mortgage Document ReviewerBanking26,660 EUR
Mortgage Funding ManagerBanking78,480 EUR
Mortgage Operations ManagerBanking102,720 EUR
Mortgage Payment Processing ClerkBanking19,940 EUR
Mortgage Processing ManagerBanking69,240 EUR
Mortgage ProcessorBanking27,040 EUR
Mortgage Quality Assurance AuditorBanking60,160 EUR
Mortgage Quality Assurance ManagerBanking69,240 EUR
Mortgage Servicing ClerkBanking20,000 EUR
Mortgage Servicing ManagerBanking66,260 EUR
Mortgage UnderwriterBanking26,020 EUR
Online Banking ManagerBanking103,900 EUR
Payment Processing ClerkBanking21,100 EUR
Personal BankerBanking43,220 EUR
Personal Banking Advisor Banking44,720 EUR
Phone BankerBanking27,620 EUR
Private BankerBanking44,540 EUR
Reconciliation and Investigation SpecialistBanking47,580 EUR
Tax OfficerBanking36,160 EUR
TellerBanking19,980 EUR
Trade OfficerBanking23,500 EUR
Trade Product ManagerBanking73,260 EUR
TraderBanking29,320 EUR
Treasury Operations OfficerBanking52,880 EUR

Salary Comparison by City

If you want to compare salaries with different cities in Finland, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Helsinki78,940 EUR

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