Commercial Loan Business Development Officer II Salary in Michigan

Commercial Loan Business Development Officer II Salary in Michigan

How much does a Commercial Loan Business Development Officer II make in Michigan? The average Commercial Loan Business Development Officer II salary in Michigan is $108,305 as of March 26, 2024, but the range typically falls between $88,051 and $125,400. 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.

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Commercial Loan Business Development Officer II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Business Development Officer II Salary $69,612 MI March 26, 2024
25th Percentile Commercial Loan Business Development Officer II Salary $88,051 MI March 26, 2024
50th Percentile Commercial Loan Business Development Officer II Salary $108,305 MI March 26, 2024
75th Percentile Commercial Loan Business Development Officer II Salary $125,400 MI March 26, 2024
90th Percentile Commercial Loan Business Development Officer II Salary $140,965 MI March 26, 2024
25% $88,051 10% $69,612 90% $140,965 75% $125,400 $108,305 50%(Median) Didn’t find job title? Click
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Check out Commercial Loan Business Development Officer Job Openings in Michigan

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What skills does a Commercial Loan Business Development Officer II 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.

Products and Services: Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.

2.

Product Knowledge: Product knowledge is the ability to communicate information and answer questions about a product or service. It is considered an important knowledge area for any role that puts you in front of customers, investors or the media.

3.

Commercial Banking: Is a profit oriented banking by providing loans to customers and charging interest. The bank’s funds come from money deposited by the bank customers in saving accounts, checking accounts, money market accounts, and certificates of deposit (CDs).

See More Skills
Products and Services 4.92%
Product Knowledge 1.12%
Commercial Banking 1.85%
Others 92.11%

Job Description for Commercial Loan Business Development Officer II

Commercial Loan Business Development Officer II sells commercial loan services to prospective clients. Develops the initial relationship with prospects and coordinates with loan relationship manager to close selling process. Being a Commercial Loan Business Development Officer II develops sales strategies for expanding referral sources. May require a bachelor's degree. Additionally, Commercial Loan Business Development Officer II typically reports to a manager or head of a unit/department. The Commercial Loan Business Development Officer II contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Commercial Loan Business Development Officer II typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commercial Loan Business Development Officer II in Michigan

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Location Avg. Salary Date Updated
Location Taylor, MI Avg. Salary $110,390 Date Updated March 26, 2024
Location Acme, MI Avg. Salary $103,257 Date Updated March 26, 2024
Location Ada, MI Avg. Salary $106,440 Date Updated March 26, 2024
Location Addison, MI Avg. Salary $110,280 Date Updated March 26, 2024
Location Adrian, MI Avg. Salary $108,634 Date Updated March 26, 2024
Location Afton, MI Avg. Salary $101,941 Date Updated March 26, 2024
Location Ahmeek, MI Avg. Salary $104,355 Date Updated March 26, 2024
Location Akron, MI Avg. Salary $102,050 Date Updated March 26, 2024
Location Alanson, MI Avg. Salary $101,941 Date Updated March 26, 2024
Location Alba, MI Avg. Salary $101,941 Date Updated March 26, 2024

Career Path for Commercial Loan Business Development Officer II

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 Business Development Officer II, the first career path typically progresses to Business Development Officer (Select Customer), Sr..

Additionally, the second career path typically progresses to International Banking Manager.

Commercial Loan Business Development Officer II
Business Development Officer (Select Customer), Sr.
International Banking Manager
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About Michigan    Michigan consists of two peninsulas that lie between 82°30' to about 90°30' west longitude, and are separated by the Straits of Mackinac. The 45th par....More

Skills associated with Commercial Loan Business Development Officer II: Commercial Customer Development, Banking Software, New Business Development, Develop Referrals

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Commercial Loan Business Development Officer II Salary in Michigan
Commercial Loan Business Development Officer II Salary Graph, Regional Distribution and Summary