Salary for
Lending Officer III in the United States

How much does a Lending Officer III earn in the United States? The average Lending Officer III salary in the United States is $163,502 as of March 28, 2019, but the range typically falls between $138,822 and $204,052. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, helps you determine your exact pay target.  View Cost of Living in Major Cities

Job Description

Oversees lending activity for a market vertical or geographic area. Responsible for approving complex loans and assisting lending teams with structuring and pricing of larger loans. Assess risk, develops policies and guidelines for lenders. Monitors overall loan portfolio performance and seeks resolution of issues. Ensures adherence to bank credit policies and procedures. Requires a bachelor's degree. Typically reports to top management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. Typically requires 5+ years of managerial experience.

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These charts show the average base salary (core compensation), as well as the average total compensation for the job of Lending Officer III in the United States. The base salary for Lending Officer III ranges from $138,822 to $204,052 with the average base salary of $163,502. The total compensation, which includes bonus, health and retirement, can vary anywhere from $149,509 to $257,017 with the average total compensation of $194,101.
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Career Path for this job

  1. Down a level:

    SBA Banking Manager

    Bachelor's Degree

  2. This Job:

    Lending Officer III

    Bachelor's Degree

  3. Up a level:

    Chief Lending Officer

    8 + years experience

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Job Openings for Lending Officer III