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, Salary.com helps you determine your exact pay target. View Cost of Living in Major Cities
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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Includes bonus, healthcare, and retirement
8 + years experience
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