How much does a Loan Review Officer I make in Arkansas? The average Loan Review Officer I salary in Arkansas is $63,171 as of April 24, 2024, but the range typically falls between $51,134 and $73,430. 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.

Loan Review Officer I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Review Officer I Salary $40,174 AR April 24, 2024
25th Percentile Loan Review Officer I Salary $51,134 AR April 24, 2024
50th Percentile Loan Review Officer I Salary $63,171 AR April 24, 2024
75th Percentile Loan Review Officer I Salary $73,430 AR April 24, 2024
90th Percentile Loan Review Officer I Salary $82,769 AR April 24, 2024
25% $51,134 10% $40,174 90% $82,769 75% $73,430 $63,171 50%(Median) Didn’t find job title? Click
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What skills does a Loan Review Officer I 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.

Retail Banking: Retail banking, also known as consumer banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term commercial bank is used for a normal bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks were limited to engaging capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from corporations or large businesses, as opposed to individual members of the public (retail banking).

3.

Credit Administration: Credit Administration is the oversight of all activities related to a bank's credit process ensuring the bank's largest balance sheet asset,the loan portfolio, maintains its value.

Analysis 8.07%
Retail Banking 2.54%
Credit Administration 1.35%
Others 88.04%

Job Description for Loan Review Officer I

Loan Review Officer I performs reviews of bank's loans to ensure compliance with established policies and standards. Reviews small- to mid-size loans. Being a Loan Review Officer I may prepare and provide loan data to accounting. Requires a bachelor's degree. Additionally, Loan Review Officer I typically reports to a manager or head of a unit/department. The Loan Review Officer I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Loan Review Officer I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Review Officer I in Arkansas
  • GENERAL DESCRIPTION OF POSITION. Responsible for extending credit within the policies and guidelines set forth in the loan policy. Responsible for ensuring...
    - 2 Days Ago
  • GENERAL DESCRIPTION OF POSITION. The Commercial Loan Officer III is responsible for extending credit within the policies and guidelines set forth in the lo...
    - 3 Days Ago
  • Commercial Credit Risk Review Officer II. + Job ID: 13440. + Functional Area: Credit Risk Management. + Position Type: Full-Time Regular. + Experience Requ...
    - 5 Days Ago
  • Job Description. Job Description. Join Morty as a mortgage loan officer in Arkansas. Leverage our innovative mortgage technology, extensive lender marketpl...
    - 1 Day Ago
  • Job Description. Job Description. . The Best RevShare & only Company. Commission Cap Lender in the Industry. "Take your hand out of my pocket” is the ideol...
    - 1 Day Ago

Select a city to view specific salary and bonus information for Loan Review Officer I

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Location Avg. Salary Date Updated
Location Texarkana, AR Avg. Salary $63,033 Date Updated April 24, 2024
Location Adona, AR Avg. Salary $63,102 Date Updated April 24, 2024
Location Alexander, AR Avg. Salary $63,657 Date Updated April 24, 2024
Location Alicia, AR Avg. Salary $64,489 Date Updated April 24, 2024
Location Alix, AR Avg. Salary $60,190 Date Updated April 24, 2024
Location Alleene, AR Avg. Salary $62,894 Date Updated April 24, 2024
Location Alma, AR Avg. Salary $60,467 Date Updated April 24, 2024
Location Almyra, AR Avg. Salary $61,438 Date Updated April 24, 2024
Location Alpena, AR Avg. Salary $62,547 Date Updated April 24, 2024
Location Alpine, AR Avg. Salary $62,270 Date Updated April 24, 2024

Career Path for Loan Review Officer I

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 Loan Review Officer I, the first career path typically starts with a Commercial Loan Review Officer I position, and then progresses to Commercial Loan Review Officer III.

Additionally, the second career path typically starts with a Loan Review Officer II position, and then progresses to Loan Review Manager.

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