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Business Development Officer - Commercial Lending Salary in El Paso, Texas

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Business Development Officer - Commercial Lending Salary in El Paso, TX

How much does a Business Development Officer - Commercial Lending make?

As of December 01, 2024, the average annual pay of Business Development Officer - Commercial Lending in El Paso, TX is $72,900. While Salary.com is seeing that Business Development Officer - Commercial Lending salary in El Paso, TX can go up to $91,431 or down to $50,357, but most earn between $61,100 and $82,600. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Business Development Officer - Commercial Lending in the United States.

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Business Development Officer - Commercial Lending Salaries by Percentile
Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $82,600 $6,883 $1,588 $40
Average $72,900 $6,075 $1,402 $35
25th Percentile $61,100 $5,092 $1,175 $29
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Average Salary

25% $61,100 10% $50,357 90% $91,431 75% $82,600 $72,900 50%(Median) Didn’t find job title? Click
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View Business Development Officer - Commercial Lending Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Business Development Officer - Commercial Lending salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Business Development Officer - Commercial Lending hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
$61,100
Average
$72,900/year
$82,600
$5,092
Average
$6,075/month
$6,883
$1,175
Average
$1,402/week
$1,588
$29
Average
$35/hour
$40
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $82,600 $6,883 $1,588 $40
Average $72,900 $6,075 $1,402 $35
25th Percentile $61,100 $5,092 $1,175 $29
Last Updated on December 01, 2024

View Business Development Officer - Commercial Lending Salary by Experience Levels

An entry-level Business Development Officer - Commercial Lending with under 1 year experience makes about $70,799. With less than 2 years of experience, a mid-level Business Development Officer - Commercial Lending makes around $72,203. After 2-4 years, the Business Development Officer - Commercial Lending pay rises to about $74,286. Those senior Business Development Officer - Commercial Lending with 5-8 years of experience earn roughly $75,440, and those Business Development Officer - Commercial Lending having 8 years or more experience are expected to earn about $75,729 on average.

Levels Salary
Entry Level Business Development Officer - Commercial Lending $70,799
Intermediate Level Business Development Officer - Commercial Lending $72,203
Senior Level Business Development Officer - Commercial Lending $74,286
Specialist Level Business Development Officer - Commercial Lending $75,440
Expert Level Business Development Officer - Commercial Lending $75,729
$70,799 0 yr
$72,203 < 2 yrs
$74,286 2-4 yrs
$75,440 5-8 yrs
$75,729 > 8 yrs
Last Updated on December 01, 2024
Entry Level 3%
Mid Level 1%
Senior Level 2%
Top Level 3%
Experienced 4%
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Last Updated on December 01, 2024

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Cost of Living In El Paso, TX

Cost of Living in El Paso , TX is
-15.8% Lower
than the National Average
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Best-Paid Skills and Qualifications for Business Development Officer - Commercial Lending

What skills does a Business Development Officer - Commercial Lending 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.

Customer Acquisition: Attracting and converting new customers for our business.

3.

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.

See More Skills
Products and Services 5.57%
Customer Acquisition 1.71%
Small Business Banking 1.02%
Others 91.7%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Business Development Officer - Commercial Lending higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Balance Sheet, you can get a 15% salary raise. If you are good at Planning, your salary will increase by 15%. If you are expert in Lead Generation, your salary will rise by 14%.
Skill Salary Demand
Balance Sheet
 $83,835
15%
Planning
 $83,835
15%
Lead Generation
 $83,106
14%
Coordination
 $82,377
13%
Customer Contact
 $80,919
11%
Problem Solving
 $80,919
11%
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Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Business Development Officer - Commercial Lending is $72,900 per year in El Paso, TX, updated at December 01, 2024.
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