How much does a Commercial Loan Business Development Officer I make in Amarillo, TX? The average Commercial Loan Business Development Officer I salary in Amarillo, TX is $75,269 as of February 26, 2024, but the range typically falls between $63,020 and $85,266. 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. 

Commercial Loan Business Development Officer I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Business Development Officer I Salary $51,868 Amarillo,TX February 26, 2024
25th Percentile Commercial Loan Business Development Officer I Salary $63,020 Amarillo,TX February 26, 2024
50th Percentile Commercial Loan Business Development Officer I Salary $75,269 Amarillo,TX February 26, 2024
75th Percentile Commercial Loan Business Development Officer I Salary $85,266 Amarillo,TX February 26, 2024
90th Percentile Commercial Loan Business Development Officer I Salary $94,367 Amarillo,TX February 26, 2024
25% $63,020 10% $51,868 90% $94,367 75% $85,266 $75,269 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 Amarillo, TX

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.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Commercial Loan Business Development Officer I salary varies from city to city. Compared with national average salary of Commercial Loan Business Development Officer I, the highest Commercial Loan Business Development Officer I salary is in San Francisco, CA, where the Commercial Loan Business Development Officer I salary is 25.0% above. The lowest Commercial Loan Business Development Officer I salary is in Miami, FL, where the Commercial Loan Business Development Officer I salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Understand the total compensation opportunity for a Commercial Loan Business Development Officer I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
63020
85266
75269

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
72660
104852
84727
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Business Development Officer I in Amarillo, TX. The base salary for Commercial Loan Business Development Officer I ranges from $63,020 to $85,266 with the average base salary of $75,269. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $72,660 to $104,852 with the average total cash compensation of $84,727.
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63020
85266

 

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About Amarillo, Texas    Amarillo (/ˌæməˈrɪloʊ/ AM-ə-RIL-oh) is the 14th-most populous city in the state of Texas, United States. It is also the largest city in the Texas Panh....More

Amarillo, Texas  area prices were up 1.2% from a year ago    View the Cost of Living in Amarillo, Texas

Commercial Loan Business Development Officer I Salary in popular cities: HoustonSan AntonioDallas

Skills associated with Commercial Loan Business Development Officer I: Banking Software, Commercial Customer Development, Develop Referrals, New Business Development

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