Commercial Loan Officer V Salary in New York, New York

Commercial Loan Officer V Salary in New York, NY

How much does a Commercial Loan Officer V make in New York, NY? The average Commercial Loan Officer V salary in New York, NY is $194,786 as of May 28, 2024, but the range typically falls between $161,264 and $225,039. 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. 

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Commercial Loan Officer V Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Officer V Salary $130,744 New York,NY May 28, 2024
25th Percentile Commercial Loan Officer V Salary $161,264 New York,NY May 28, 2024
50th Percentile Commercial Loan Officer V Salary $194,786 New York,NY May 28, 2024
75th Percentile Commercial Loan Officer V Salary $225,039 New York,NY May 28, 2024
90th Percentile Commercial Loan Officer V Salary $252,583 New York,NY May 28, 2024
25% $161,264 10% $130,744 90% $252,583 75% $225,039 $194,786 50%(Median) Didn’t find job title? Click
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Check out Commercial Loan Officer Job Openings in New York, New York

Account Executive Officer, Commercial Accounts - Underwriting

The Travelers Companies, Inc. - Melville, NY

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Commercial Loan Officer/Relationship Manager

Walden Savings Bank - Montgomery, NY

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Commercial Loan Specialist

Social Capital Resources - New York, NY

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Loan Review Officer

Natixis Corporate & Investment Banking - New York, NY

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Job Description for Commercial Loan Officer V

Commercial Loan Officer V solicits and services a variety of large and complex commercial loans. Performs a due diligence review of potential borrowers, including a risk and financial analysis. Being a Commercial Loan Officer V approves loans within established limits or presents to loan committee for approval. Monitors and maintains existing commercial loan portfolio. Additionally, Commercial Loan Officer V adheres to all regulatory requirements and internal risk and operating policies and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Commercial Loan Officer V works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. To be a Commercial Loan Officer V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Salary.com job board provides millions of Commercial Loan Officer V information for you to search for. Click on search button below to see Commercial Loan Officer V job openings or enter a new job title here.

Job Openings for Commercial Loan Officer V in New York, NY
  • The Travelers Companies, Inc. - Melville, NY
    Who Are We. Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our...
    - -82 Days Ago
  • Walden Savings Bank - Montgomery, NY
    Walden Savings Bank is looking for just the right person who has proven success at creating and maintaining close relationships with customers and prospect...
    - 3 Days Ago
  • Social Capital Resources - New York, NY
    Top-Tier Commercial Bank in Midtown, Manhattan is seeking multiple Commercial Loan Operations candidates for permanent positions. Responsibilities. Collect...
    - 3 Days Ago
  • Natixis Corporate & Investment Banking - New York, NY
    Natixis is searching for a director-level Loan Review Officer to join the New York team to help support the Managing Director and other team members in the...
    - 3 Days Ago
  • Royal Business Bank - , NY
    JOB SUMMARY. Responsible for soliciting, negotiating, underwriting and coordinating the closing of mortgage loans in compliance with the Bank’s lending pol...
    - 3 Days Ago

Career Path for Commercial Loan Officer V

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 V, the upper level is Commercial Loan Manager and then progresses to Commercial Loan Senior Manager.

Commercial Loan Officer V
Commercial Loan Manager
Commercial Loan Senior Manager
Those that have already made the climb...
Robert E. Wolfe, Chairman of the Board, CEO, and CFO
ADVANCED OXYGEN TECHNOLOGY
Advanced Oxygen Technologies, Inc., through its subsidiaries, owns and leases a commercial real estate property in Vojens, Denmark. It also engages in the distribution and sale of security straps and tie downs. The company was formerly known as Aquanautic Corporation. The company was incorporated in 1981 and is headqua... More
Fiscal Year Ended in 2023
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Commercial Loan Officer V Pay Difference by Location

Commercial Loan Officer V salary varies from city to city. Compared with national average salary of Commercial Loan Officer V, the highest Commercial Loan Officer V salary is in San Francisco, CA, where the Commercial Loan Officer V salary is 25.0% above. The lowest Commercial Loan Officer V salary is in Miami, FL, where the Commercial Loan Officer V salary is 3.5% 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
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

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

Average Base Salary

Core compensation

 
 
 
161264
225039
194786

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
175785
252544
212134
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Officer V in New York, NY. The base salary for Commercial Loan Officer V ranges from $161,264 to $225,039 with the average base salary of $194,786. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $175,785 to $252,544 with the average total cash compensation of $212,134.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

161264
225039

 

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About New York, New York    The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estim....More

New York, New York  area prices were up 1.6% from a year ago    View the Cost of Living in New York, New York

Commercial Loan Officer V Salary in popular cities: Buffalo, Rochester, Yonkers

Skills associated with Commercial Loan Officer V: Lending Regulatory Compliance, Loan Software, Loan Authorization, Risk Analysis ...More

Jobs with a similar salary range to Commercial Loan Officer V : Commercial Advisor