Alternate Job Titles: Senior Lending Officer, Lending Officer III
How much does a Lending Officer III make? The median annual Lending Officer III salary is $159,171, as of September 27, 2017, with a range usually between $135,150-$198,653, 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 Lending Officer III in the United States.
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This chart describes the expected percentage of people who perform the job of Lending Officer III in the United States that make less than that annual salary. For example the median expected annual pay for a typical Lending Officer III in the United States is $159,171, so 50% of the people who perform the job of Lending Officer III in the United States are expected to make less than $159,171.
Source: HR Reported data as of September 27, 2017
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This chart describes the expected percentage of people who perform the job of Lending Officer III that make less than that salary. For example 50% of the people who perform the job of Lending Officer III are expected to make less than the median.
Source: HR Reported data as of October 2017
Oversees lending activity for a market vertical or geographic area. Responsible for approving complex loans and assisting lending teams with structuring and pricing of larger loans. Assess risk, develops policies and guidelines for lenders. Monitors overall loan portfolio performance and seeks resolution of issues. Ensures adherence to bank credit policies and procedures. Requires a bachelor's degree. Typically reports to top management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. Typically requires 5+ years of managerial experience. View full job description