How much does a Commercial Loan Officer IV make in Pennsylvania? The average Commercial Loan Officer IV salary in Pennsylvania is $137,319 as of February 26, 2024, but the range typically falls between $118,019 and $155,350. 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 Officer IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Officer IV Salary $100,449 PA February 26, 2024
25th Percentile Commercial Loan Officer IV Salary $118,019 PA February 26, 2024
50th Percentile Commercial Loan Officer IV Salary $137,319 PA February 26, 2024
75th Percentile Commercial Loan Officer IV Salary $155,350 PA February 26, 2024
90th Percentile Commercial Loan Officer IV Salary $171,766 PA February 26, 2024
25% $118,019 10% $100,449 90% $171,766 75% $155,350 $137,319 50%(Median) Didn’t find job title? Click
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What skills does a Commercial Loan 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.

Financial Analysis: Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity (if applicable). Financial statement analysis is a method or process involving specific techniques for evaluating risks, performance, financial health, and future prospects of an organization. It is used by a variety of stakeholders, such as credit and equity investors, the government, the public, and decision-makers within the organization. These stakeholders have different interests and apply a variety of different techniques to meet their needs. For example, equity investors are interested in the long-term earnings power of the organization and perhaps the sustainability and growth of dividend payments. Creditors want to ensure the interest and principal is paid on the organizations debt securities (e.g., bonds) when due.

3.

Banking Products: Banking Products is the provision of services by a bank to the general public rather than to companies or other banks. Banking proucts is different from wholesale banking in this manner.

Analysis 7.61%
Financial Analysis 1.78%
Banking Products 1.1%
Others 89.51%

Job Description for Commercial Loan Officer IV

Commercial Loan Officer IV solicits and services a variety of large and complex commercial loans. Performs a due diligence review of potential borrowers, including a risk and financial analysis. Being a Commercial Loan Officer IV approves loans within established limits or presents to loan committee for approval. Monitors and maintains existing commercial loan portfolio. Additionally, Commercial Loan Officer IV adheres to all regulatory requirements and internal risk and operating policies and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Commercial Loan Officer IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be a Commercial Loan Officer IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commercial Loan Officer IV in Pennsylvania

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Location Avg. Salary Date Updated
Location Stroudsburg, PA Avg. Salary $141,152 Date Updated February 26, 2024
Location Aaronsburg, PA Avg. Salary $133,009 Date Updated February 26, 2024
Location Abbottstown, PA Avg. Salary $134,608 Date Updated February 26, 2024
Location Abington, PA Avg. Salary $145,904 Date Updated February 26, 2024
Location Ackermanville, PA Avg. Salary $147,144 Date Updated February 26, 2024
Location Acme, PA Avg. Salary $130,199 Date Updated February 26, 2024
Location Acosta, PA Avg. Salary $126,696 Date Updated February 26, 2024
Location Adah, PA Avg. Salary $134,704 Date Updated February 26, 2024
Location Adamsburg, PA Avg. Salary $134,979 Date Updated February 26, 2024
Location Adamstown, PA Avg. Salary $136,874 Date Updated February 26, 2024

Career Path for Commercial Loan 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 Officer IV, the upper level is Commercial Loan Officer V and then progresses to Commercial Loan Manager.

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Commercial Loan Officer IV Salary in Pennsylvania
Commercial Loan Officer IV Salary Graph, Regional Distribution and Summary