How much does a Commercial Loan Officer I make in Pennsylvania? The average Commercial Loan Officer I salary in Pennsylvania is $71,746 as of February 26, 2024, but the range typically falls between $62,817 and $82,180. 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 Officer I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Officer I Salary $54,687 PA February 26, 2024
25th Percentile Commercial Loan Officer I Salary $62,817 PA February 26, 2024
50th Percentile Commercial Loan Officer I Salary $71,746 PA February 26, 2024
75th Percentile Commercial Loan Officer I Salary $82,180 PA February 26, 2024
90th Percentile Commercial Loan Officer I Salary $91,679 PA February 26, 2024
25% $62,817 10% $54,687 90% $91,679 75% $82,180 $71,746 50%(Median) Didn’t find job title? Click
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Check out Commercial Loan Officer jobs in Pennsylvania

Loan Quality Specialist

First Community Credit Union of Oregon - Coos Bay, OR

Senior Loan Administration Officer

Century Housing Corporation - Culver City, CA

What skills does a Commercial Loan 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.

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

2.

client relationship: Client relationship managemen is focused on building relationships with clients to ensure that their needs are met, they are satisfied with the services and/or products provided by the company.

3.

Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.

Analysis 1.3%
client relationship 0.18%
Financial Statements 0.31%
Others 98.21%

Job Description for Commercial Loan Officer I

Commercial Loan Officer I solicits and services a variety of smaller commercial loans. Performs a due diligence review of potential borrowers, including a risk and financial analysis. Being a Commercial Loan Officer I approves loans within established limits or presents to loan committee for approval. Monitors and maintains existing commercial loan portfolio. Additionally, Commercial Loan Officer I adheres to all regulatory requirements and internal risk and operating policies and procedures. May assist senior loan officers with larger or more complex loans. Typically requires a bachelor's degree. Typically reports to a manager. The Commercial Loan Officer I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commercial Loan Officer I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commercial Loan Officer I in Pennsylvania

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Location Avg. Salary Date Updated
Location Stroudsburg, PA Avg. Salary $73,749 Date Updated February 26, 2024
Location Aaronsburg, PA Avg. Salary $69,495 Date Updated February 26, 2024
Location Abbottstown, PA Avg. Salary $70,330 Date Updated February 26, 2024
Location Abington, PA Avg. Salary $76,232 Date Updated February 26, 2024
Location Ackermanville, PA Avg. Salary $76,880 Date Updated February 26, 2024
Location Acme, PA Avg. Salary $68,027 Date Updated February 26, 2024
Location Acosta, PA Avg. Salary $66,196 Date Updated February 26, 2024
Location Adah, PA Avg. Salary $70,380 Date Updated February 26, 2024
Location Adamsburg, PA Avg. Salary $70,524 Date Updated February 26, 2024
Location Adamstown, PA Avg. Salary $71,514 Date Updated February 26, 2024

Career Path for Commercial Loan 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 Officer I, the upper level is Commercial Loan Officer II and then progresses to Commercial Loan Officer IV.

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Commercial Loan Officer I Salary in Pennsylvania
Commercial Loan Officer I Salary Graph, Regional Distribution and Summary