How much does a Commercial Loan Officer I make in Vermont? The average Commercial Loan Officer I salary in Vermont is $69,230 as of February 26, 2024, but the range typically falls between $60,614 and $79,298. 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 $52,769 VT February 26, 2024
25th Percentile Commercial Loan Officer I Salary $60,614 VT February 26, 2024
50th Percentile Commercial Loan Officer I Salary $69,230 VT February 26, 2024
75th Percentile Commercial Loan Officer I Salary $79,298 VT February 26, 2024
90th Percentile Commercial Loan Officer I Salary $88,463 VT February 26, 2024
25% $60,614 10% $52,769 90% $88,463 75% $79,298 $69,230 50%(Median) Didn’t find job title? Click
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Check out Commercial Loan Officer jobs in Vermont

Junior Loan Officer

Free Enterprise Funding - Colorado Springs, CO

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 Vermont

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Location Avg. Salary Date Updated
Location Barre, VT Avg. Salary $70,286 Date Updated February 26, 2024
Location Bennington, VT Avg. Salary $72,696 Date Updated February 26, 2024
Location Essex, VT Avg. Salary $70,933 Date Updated February 26, 2024
Location Williston, VT Avg. Salary $70,933 Date Updated February 26, 2024
Location Adamant, VT Avg. Salary $70,286 Date Updated February 26, 2024
Location Albany, VT Avg. Salary $70,286 Date Updated February 26, 2024
Location Alburgh, VT Avg. Salary $70,286 Date Updated February 26, 2024
Location Arlington, VT Avg. Salary $72,636 Date Updated February 26, 2024
Location Ascutney, VT Avg. Salary $73,270 Date Updated February 26, 2024
Location Averill, VT Avg. Salary $70,286 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 Vermont
Commercial Loan Officer I Salary Graph, Regional Distribution and Summary