How much does a Consumer Loan Officer III make in the United States? The average Consumer Loan Officer III salary in the United States is $65,101 as of February 26, 2024, but the range typically falls between $57,745 and $73,879. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Consumer Loan Officer III Salary | $51,049 | US | February 26, 2024 |
25th Percentile Consumer Loan Officer III Salary | $57,745 | US | February 26, 2024 |
50th Percentile Consumer Loan Officer III Salary | $65,101 | US | February 26, 2024 |
75th Percentile Consumer Loan Officer III Salary | $73,879 | US | February 26, 2024 |
90th Percentile Consumer Loan Officer III Salary | $81,871 | US | February 26, 2024 |
Regional Supervisor - Agricultural Division
FIRST BANK AND TRUST COMPANY - Abingdon, VA
Burke & Herbert Bank & Trust - Alexandria, VA
Animal Welfare League of Arlington Virginia, Inc - Arlington, VA
Commercial Construction Loan Administrator
Locus - Christiansburg, VA
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.
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.
Bank Secrecy Act: The Currency and Foreign Transactions Reporting Act of 1970—which legislative framework is commonly referred to as the "Bank Secrecy Act" (BSA)—requires U.S. financial institutions to assist U.S. government agencies to detect and prevent money laundering.
Business Development: Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. Business development can be taken to mean any activity by either a small or large organization, non-profit or for-profit enterprise which serves the purpose of ‘developing’ the business in some way. In addition, business development activities can be done internally or externally by a business development consultant. External business development can be facilitated through Planning Systems, which are put in place by governments to help small businesses. In addition, reputation building has also proven to help facilitate business development.
Consumer Loan Officer III develops and services consumer loans. Interviews loan applicants to determine financing needs and to offer the appropriate loan products and repayment arrangements. Being a Consumer Loan Officer III evaluates loan applications and applicant creditworthiness. Once a loan is approved and negotiated, monitors loan payments, and provides customer service to ensure the borrower's questions are answered and needs are met, and that the loan is repaid appropriately. Additionally, Consumer Loan Officer III maintains accurate and thorough records, and follows all applicable organizational, state, and federal policies and regulations. Requires a high school diploma. Typically reports to a manager or head of a unit/department. The Consumer Loan Officer III works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Consumer Loan Officer III typically requires 3-5 years of related experience. (Copyright 2024 Salary.com)... View full job description
See user submitted job responsibilities for Consumer Loan Officer III.
Salary.com job board provides millions of Consumer Loan Officer III information for you to search for. Click on search button below to see Consumer Loan Officer III job openings or enter a new job title here.
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 Consumer Loan Officer III, the first career path typically progresses to Consumer Lending Manager.
Salary.com's CompAnalyst platform offers:
Consumer Loan Officer III salary varies from city to city. Compared with national average salary of Consumer Loan Officer III, the highest Consumer Loan Officer III salary is in San Francisco, CA, where the Consumer Loan Officer III salary is 25.0% above. The lowest Consumer Loan Officer III salary is in Miami, FL, where the Consumer Loan Officer III salary is 2.9% lower than national average salary.
City, State | Compared to national average |
---|---|
City, State San Francisco, CA |
Compared to national average
|
City, State Washington, DC |
Compared to national average
|
City, State Miami, FL |
Compared to national average
|
City, State Chicago, IL |
Compared to national average
|
City, State Boston, MA |
Compared to national average
|
City, State New York, NY |
Compared to national average
|
City, State Dallas, TX |
Compared to national average
|
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Commercial Loan Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Real Estate Loan Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Consumer Loan Collector III | Experience 3 - 5 | EducationHigh School | Salary Compared to This Job |
Job Title Consumer Loan Officer I | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
Job Title Consumer Loan Officer II | Experience 1 - 3 | EducationHigh School | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Consumer Loan Officer III salary of your education level.
Geographic variations impact Consumer Loan Officer III salary levels, due to various factors, such as cost of living, industries, market demand and company budgets. Click below to see pay differences between states.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Consumer Loan Officer III salary varies from category to category. Click below to see Consumer Loan Officer III salary in different categories.
Take just three simple steps below to generate your own personalized salary report
Core compensation
Includes base and annual incentives
View the Cost of Living in Major Cities
Skills associated with Consumer Loan Officer III: New Business Development, Loan Software, Risk Analysis, Lending Regulatory Compliance ...More
Recently searched related titles: Junior Conference Producer, Consumer Loan Specialist, Public Health Planner
Jobs with a similar salary range to Consumer Loan Officer III : Monitoring and Evaluation Officer
Salary estimation for Consumer Loan Officer III at companies like : Mary Grimes School of Nursing ( Nursing Building ), PREMIUM GLOBAL TRADE Inc, Georges County Government
Jobs with a similar salary range to Consumer Loan Officer III : Loaner Coordinator, Senior Loan Consultant