How much does a Commercial Loan Review Officer III make in New Mexico? The average Commercial Loan Review Officer III salary in New Mexico is $96,613 as of March 26, 2024, but the range typically falls between $85,691 and $112,100. 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 Review Officer III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Review Officer III Salary $75,747 NM March 26, 2024
25th Percentile Commercial Loan Review Officer III Salary $85,691 NM March 26, 2024
50th Percentile Commercial Loan Review Officer III Salary $96,613 NM March 26, 2024
75th Percentile Commercial Loan Review Officer III Salary $112,100 NM March 26, 2024
90th Percentile Commercial Loan Review Officer III Salary $126,200 NM March 26, 2024
25% $85,691 10% $75,747 90% $126,200 75% $112,100 $96,613 50%(Median) Didn’t find job title? Click
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What skills does a Commercial Loan Review Officer III 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.

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.

3.

Anti Money Laundering: Anti-money laundering (AML) refers to the activities financial institutions perform to achieve compliance with legal requirements to actively monitor for and report suspicious activities.

Analysis 9.68%
Credit Administration 3.23%
Anti Money Laundering 3.23%
Others 83.86%

Job Description for Commercial Loan Review Officer III

Commercial Loan Review Officer III performs reviews of bank's commercial loans to ensure compliance with established policies and credit standards. Reviews mid to large size loans of moderate complexity. Being a Commercial Loan Review Officer III typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Commercial Loan Review Officer III is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. To be a Commercial Loan Review Officer III typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commercial Loan Review Officer III in New Mexico

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Location Avg. Salary Date Updated
Location Sunland Park, NM Avg. Salary $91,268 Date Updated March 26, 2024
Location Abiquiu, NM Avg. Salary $97,451 Date Updated March 26, 2024
Location Alamogordo, NM Avg. Salary $93,469 Date Updated March 26, 2024
Location Albuquerque, NM Avg. Salary $98,499 Date Updated March 26, 2024
Location Alcalde, NM Avg. Salary $97,451 Date Updated March 26, 2024
Location Algodones, NM Avg. Salary $97,241 Date Updated March 26, 2024
Location Alto, NM Avg. Salary $91,897 Date Updated March 26, 2024
Location Amalia, NM Avg. Salary $97,451 Date Updated March 26, 2024
Location Amistad, NM Avg. Salary $94,412 Date Updated March 26, 2024
Location Angel Fire, NM Avg. Salary $97,451 Date Updated March 26, 2024

Career Path for Commercial Loan Review Officer III

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

Additionally, the second career path typically progresses to Loan Review Manager.

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Commercial Loan Review Officer III Salary in New Mexico
Commercial Loan Review Officer III Salary Graph, Regional Distribution and Summary