How much does a Loan Examiner II make in Connecticut? The average Loan Examiner II salary in Connecticut is $82,356 as of February 26, 2024, but the range typically falls between $70,802 and $94,979. 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 Examiner II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Examiner II Salary $60,283 CT February 26, 2024
25th Percentile Loan Examiner II Salary $70,802 CT February 26, 2024
50th Percentile Loan Examiner II Salary $82,356 CT February 26, 2024
75th Percentile Loan Examiner II Salary $94,979 CT February 26, 2024
90th Percentile Loan Examiner II Salary $106,471 CT February 26, 2024
25% $70,802 10% $60,283 90% $106,471 75% $94,979 $82,356 50%(Median) Didn’t find job title? Click
Change Search Criteria

Plans Examiner

Kootenai County - Coeur d'Alene, ID

Dentist

Cross Country Workforce Solutions Group - Lancaster, CA

Administrative Assistant II - Nursing Services

Oklahoma Department of Mental Health and Substance Abuse Services - Norman, OK

What skills does a Loan Examiner 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.

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

2.

Business Administration: It is the management of all aspects of a business's performance, decisions, and organization. It includes the day to day operations, aspects including finances and human resources, and ensures the company stays aligned to the goal or mission.

3.

Credit Analysis: Credit analysis is the method by which one calculates the creditworthiness of a business or organization. In other words, It is the evaluation of the ability of a company to honor its financial obligations. The audited financial statements of a large company might be analyzed when it issues or has issued bonds. Or, a bank may analyze the financial statements of a small business before making or renewing a commercial loan. The term refers to either case, whether the business is large or small. The objective of credit analysis is to look at both the borrower and the lending facility being proposed and to assign a risk rating. The risk rating is derived by estimating the probability of default by the borrower at a given confidence level over the life of the facility, and by estimating the amount of loss that the lender would suffer in the event of default. Credit analysis involves a wide variety of financial analysis techniques, including ratio and trend analysis as well as the creation of projections and a detailed analysis of cash flows. Credit analysis also includes an examination of collateral and other sources of repayment as well as credit history and management ability. Analysts attempt to predict the probability that a borrower will default on its debts, and also the severity of losses in the event of default. Credit spreads—the difference in interest rates between theoretically "risk-free" investments such as U.S. treasuries or LIBOR and investments that carry some risk of default—reflect credit analysis by financial market participants.

Analysis 16.67%
Business Administration 16.67%
Credit Analysis 16.67%
Others 49.99%

Job Description for Loan Examiner II

Loan Examiner II reviews or audits a loan portfolio of moderate complexity loans to ensure compliance with established laws and regulations. Analyzes loans to identify deficiencies, unsupported charges, and risk levels. Being a Loan Examiner II establishes authenticity and correctness of all records including transactions and other forms of documentation. May require a bachelor's degree. Additionally, Loan Examiner II typically reports to a supervisor or manager. The Loan Examiner II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Loan Examiner II typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Loan Examiner II.

Salary.com job board provides millions of Loan Examiner II information for you to search for. Click on search button below to see Loan Examiner II job openings or enter a new job title here.

Job Openings for Loan Examiner II in Connecticut

Select a city to view specific salary and bonus information for Loan Examiner II

Loading results...
Location Avg. Salary Date Updated
Location New London, CT Avg. Salary $81,432 Date Updated February 26, 2024
Location Norwich, CT Avg. Salary $81,630 Date Updated February 26, 2024
Location West Haven, CT Avg. Salary $82,807 Date Updated February 26, 2024
Location Abington, CT Avg. Salary $80,884 Date Updated February 26, 2024
Location Amston, CT Avg. Salary $81,967 Date Updated February 26, 2024
Location Andover, CT Avg. Salary $82,586 Date Updated February 26, 2024
Location Ansonia, CT Avg. Salary $82,807 Date Updated February 26, 2024
Location Ashford, CT Avg. Salary $80,957 Date Updated February 26, 2024
Location Avon, CT Avg. Salary $82,738 Date Updated February 26, 2024
Location Ballouville, CT Avg. Salary $80,764 Date Updated February 26, 2024

Career Path for Loan Examiner 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 Loan Examiner II, the upper level is Loan Examiner III and then progresses to Loan Examiner Manager.

Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Loan Examiner II

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Jobs with a similar salary range to Loan Examiner II : Practice Nurse

Loan Examiner II Salary in Connecticut
Loan Examiner II Salary Graph, Regional Distribution and Summary