Royal Bank of Canada loan officer salary

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Average Royal Bank of Canada loan officer salary

$43,810yearly

$22.03 hourly rate

Entry-level Royal Bank of Canada loan officer salary

$28,000 yearly

Updated April 5, 2024

How much does Royal Bank of Canada pay loan officers?

The average salary for Royal Bank of Canada loan officers is $43,810 per year. Royal Bank of Canada loan officer salaries range between $28,000 to $66,000 per year. Royal Bank of Canada loan officers earn 4% less than the national average salary for loan officers of $45,817.

Location impacts how much a loan officer at Royal Bank of Canada can expect to make. Loan officers at Royal Bank of Canada make the most in New York, NY, Raleigh, NC, and Jersey City, NJ.

How much does Royal Bank of Canada pay loan officers by location?

Royal Bank of Canada pays loan officers the most in New York, NY, Raleigh, NC, and Jersey City, NJ. Additionally, cities like Orlando and Minneapolis also report highly competitive salaries for loan officers at Royal Bank of Canada.

Loan officer Royal Bank of Canada salary by location

Rank	City	Avg. salary	Hourly rate
1	New York, NY	$63,330	$30.45
2	Raleigh, NC	$58,962	$28.35
3	Jersey City, NJ	$56,411	$27.12
4	Orlando, FL	$48,613	$23.37
5	Minneapolis, MN	$45,890	$22.06
6	Los Angeles, CA	$44,858	$21.57
7	Seattle, WA	$43,632	$20.98
8	Denver, CO	$37,831	$18.19

Highest-paid Royal Bank of Canada loan officers by job level

Rank	Job title	Average salary	Hourly rate	Job openings
1	Real Estate Loan Officer	$108,930	$52	-
2	Loan Broker	$108,413	$52	-
3	Mortgage Broker	$99,754	$48	-
4	Consumer Loan Officer	$99,495	$48	-
5	Loan Supervisor	$83,350	$40	-
6	Junior Underwriter	$75,241	$36	-
7	Consumer Loan Underwriter	$73,175	$35	-
8	Senior Loan Processor	$60,609	$29	-
9	Branch Lending Officer	$58,338	$28	-
10	Loan Manager	$57,490	$28	-

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Loan officer salary at Royal Bank of Canada competitors

Rank	Company	Average salary	Hourly rate	Job openings
1	Federated Investors	$50,116	$24	-
2	Cetera Financial Group	$49,465	$24	-
3	Standard Chartered	$48,094	$23	11
4	bepress	$47,867	$23	-
5	Invesco	$47,213	$23	9
6	Wellington Management	$46,953	$23	-
7	First Republic Bank	$46,584	$22	-
8	Bernstein Private Wealth Management	$46,336	$22	-
9	Mark-It	$46,190	$22	-
10	AllianceBernstein	$44,852	$22	1
11	The Vanguard Group	$44,434	$21	1
12	Polaris Partners	$43,745	$21	-
13	Westpac	$43,583	$21	-
14	Banking	$42,000	$20	1
15	Wilmington Trust	$41,596	$20	3
16	Brandes Investment Partners	$41,517	$20	-
17	Signature Bank	$41,334	$20	-
18	ABN AMRO Chicago Corporation	$41,048	$20	-
19	Western Asset Management	$39,563	$19	-
20	Credit Agricole CIB	$38,238	$18	7

Show more loan officer salaries at Royal Bank of Canada competitors.