How much does a Commercial Loan Business Development Officer I make in Kentucky? The average Commercial Loan Business Development Officer I salary in Kentucky is $77,239 as of February 26, 2024, but the range typically falls between $64,669 and $87,497. 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 Business Development Officer I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Business Development Officer I Salary $53,226 KY February 26, 2024
25th Percentile Commercial Loan Business Development Officer I Salary $64,669 KY February 26, 2024
50th Percentile Commercial Loan Business Development Officer I Salary $77,239 KY February 26, 2024
75th Percentile Commercial Loan Business Development Officer I Salary $87,497 KY February 26, 2024
90th Percentile Commercial Loan Business Development Officer I Salary $96,837 KY February 26, 2024
25% $64,669 10% $53,226 90% $96,837 75% $87,497 $77,239 50%(Median) Didn’t find job title? Click
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What skills does a Commercial Loan Business Development 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.

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.

Small Business Banking: Small business banking refers to banking services and products designed for small and medium-sized businesses. Banks and credit unions often have special divisions just for their small business clients.

3.

Customer Acquisition: Attracting and converting new customers for our business.

Products and Services 5.57%
Small Business Banking 1.02%
Customer Acquisition 1.71%
Others 91.7%

Job Description for Commercial Loan Business Development Officer I

Commercial Loan Business Development Officer I 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 I develops sales strategies for expanding referral sources. Typically requires a bachelor's degree. Additionally, Commercial Loan Business Development Officer I typically reports to a manager or head of a unit/department. The Commercial Loan Business Development Officer I gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Commercial Loan Business Development Officer I typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commercial Loan Business Development Officer I in Kentucky

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Location Avg. Salary Date Updated
Location Aberdeen, KY Avg. Salary $73,217 Date Updated February 26, 2024
Location Adairville, KY Avg. Salary $74,438 Date Updated February 26, 2024
Location Adams, KY Avg. Salary $72,658 Date Updated February 26, 2024
Location Adolphus, KY Avg. Salary $75,953 Date Updated February 26, 2024
Location Ages Brookside, KY Avg. Salary $71,132 Date Updated February 26, 2024
Location Albany, KY Avg. Salary $74,735 Date Updated February 26, 2024
Location Alexandria, KY Avg. Salary $80,202 Date Updated February 26, 2024
Location Allen, KY Avg. Salary $72,658 Date Updated February 26, 2024
Location Allensville, KY Avg. Salary $74,172 Date Updated February 26, 2024
Location Almo, KY Avg. Salary $73,217 Date Updated February 26, 2024

Career Path for Commercial Loan Business Development 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 Commercial Loan Business Development Officer I, the first career path typically starts with a Business Development Officer (Select Customer) position, and then Business Development Officer (Select Customer), Sr..

The second career path typically progresses to International Banking Manager.

Additionally, the third career path typically progresses to Commercial Loan Business Development Officer II.

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Commercial Loan Business Development Officer I Salary in Kentucky
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