How much does a Commercial Loan Officer III make? The median annual Commercial Loan Officer III salary is $114,201, as of September 06, 2017, with a range usually between $101,240-$125,515, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Commercial Loan Officer III in the United States.
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This chart describes the expected percentage of people who perform the job of Commercial Loan Officer III in the United States that make less than that annual salary. For example the median expected annual pay for a typical Commercial Loan Officer III in the United States is $114,201, so 50% of the people who perform the job of Commercial Loan Officer III in the United States are expected to make less than $114,201.
Source: HR Reported data as of September 06, 2017
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This chart describes the expected percentage of people who perform the job of Commercial Loan Officer III that make less than that salary. For example 50% of the people who perform the job of Commercial Loan Officer III are expected to make less than the median.
Source: HR Reported data as of September 2017
Solicits and services a variety of moderate to large size commercial loans. Interviews applicants and obtains information regarding earnings and financial condition to evaluate the applicant's creditworthiness. Approves or denies loan within established limits, or refers loan to loan committee for approval. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Typically requires 4 to 7 years of related experience. View full job description