How much does a Commercial Loan Review Officer IV make in District of Columbia? The average Commercial Loan Review Officer IV salary in District of Columbia is $136,382 as of April 24, 2024, but the range typically falls between $122,880 and $160,049. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Commercial Loan Review Officer IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Review Officer IV Salary $110,587 DC April 24, 2024
25th Percentile Commercial Loan Review Officer IV Salary $122,880 DC April 24, 2024
50th Percentile Commercial Loan Review Officer IV Salary $136,382 DC April 24, 2024
75th Percentile Commercial Loan Review Officer IV Salary $160,049 DC April 24, 2024
90th Percentile Commercial Loan Review Officer IV Salary $181,596 DC April 24, 2024
25% $122,880 10% $110,587 90% $181,596 75% $160,049 $136,382 50%(Median) Didn’t find job title? Click
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What skills does a Commercial Loan Review Officer IV need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Anti Money Laundering: Anti-money laundering (AML) refers to the activities financial institutions perform to achieve compliance with legal requirements to actively monitor for and report suspicious activities.

3.

Due Diligence: Due diligence is the investigation or exercise of care that a reasonable business or person is expected to take before entering into an agreement or contract with another party, or an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations. A common example of due diligence in various industries is the process through which a potential acquirer evaluates a target company or its assets for an acquisition. The theory behind due diligence holds that performing this type of investigation contributes significantly to informed decision making by enhancing the amount and quality of information available to decision makers and by ensuring that this information is systematically used to deliberate in a reflexive manner on the decision at hand and all its costs, benefits, and risks.

Analysis 6.9%
Anti Money Laundering 1.72%
Due Diligence 1.72%
Others 89.66%

Job Description for Commercial Loan Review Officer IV

Commercial Loan Review Officer IV performs reviews of bank's commercial loans to ensure compliance with established policies and credit standards. Reviews mid to large size loans of the most complexity. Being a Commercial Loan Review Officer IV typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Commercial Loan Review Officer IV works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Works autonomously. Goals are generally communicated in solution or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. To be a Commercial Loan Review Officer IV typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commercial Loan Review Officer IV in District of Columbia
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Select a city to view specific salary and bonus information for Commercial Loan Review Officer IV

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Location Avg. Salary Date Updated
Location Naval Anacost Annex, DC Avg. Salary $136,382 Date Updated April 24, 2024
Location Parcel Return Service, DC Avg. Salary $136,382 Date Updated April 24, 2024
Location Washington, DC Avg. Salary $136,382 Date Updated April 24, 2024
Location Washington Navy Yard, DC Avg. Salary $136,382 Date Updated April 24, 2024

Career Path for Commercial Loan Review Officer IV

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Commercial Loan Review Officer IV, the first career path typically progresses to Commercial Loan Review Manager.

Additionally, the second career path typically progresses to Loan Review Manager.

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Commercial Loan Review Officer IV Salary in District of Columbia
Commercial Loan Review Officer IV Salary Graph, Regional Distribution and Summary