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Senior Commercial Loan Officer Salary in Edison, New Jersey

Senior Commercial Loan Officer Salary in Edison, NJ

How much does a Senior Commercial Loan Officer make in Edison, NJ? The average Senior Commercial Loan Officer salary in Edison, NJ is $135,700 as of April 24, 2024, but the range typically falls between $115,500 and $154,800. 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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Senior Commercial Loan Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Senior Commercial Loan Officer Salary $97,109 Edison,NJ April 24, 2024
25th Percentile Senior Commercial Loan Officer Salary $115,500 Edison,NJ April 24, 2024
50th Percentile Senior Commercial Loan Officer Salary $135,700 Edison,NJ April 24, 2024
75th Percentile Senior Commercial Loan Officer Salary $154,800 Edison,NJ April 24, 2024
90th Percentile Senior Commercial Loan Officer Salary $172,190 Edison,NJ April 24, 2024
25% $115,500 10% $97,109 90% $172,190 75% $154,800 $135,700 50%(Median) Didn’t find job title? Click
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Job Description

The Senior Commercial Loan Officer interviews applicants and obtains information regarding earnings and financial condition to evaluate the applicant's creditworthiness. Solicits and services a variety of moderate to large size commercial loans. Being a Senior Commercial Loan Officer requires a bachelor's degree. Approves or denies loan within established limits, or refers loan to loan committee for approval. In addition, Senior Commercial Loan Officer typically reports to a manager or head of a unit/department. Being a Senior Commercial Loan Officer contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Working as a Senior Commercial Loan Officer typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Senior Commercial Loan Officer in Edison, NJ
  • JCW - , NJ
    Our client, a well-known community bank in New Jersey, is currently seeking a highly motivated and experienced Commercial Real Estate Lender to join their ...
    - 2 Days Ago
  • Fulton Bank - Windsor, NJ
    Value Proposition. Our values define us and our. culture. inspires us to. change lives for the better. Our employees are the heart and soul of our company,...
    - 6 Days Ago
  • Disability Solutions - Galloway, NJ
    Value Proposition. Our values define us and our. culture. inspires us to. change lives for the better. Our employees are the heart and soul of our company,...
    - 2 Days Ago
  • Disability Solutions - Windsor, NJ
    Value Proposition. Our values define us and our. culture. inspires us to. change lives for the better. Our employees are the heart and soul of our company,...
    - 3 Days Ago
  • Unity Bank - Lake Hiawatha, NJ
    POSITION SUMMARY. The Commercial Loan Officer (LO) is responsible for managing and growing profitable commercial lending relationships through active netwo...
    - 3 Days Ago

Career Path for this job

  1. Down a level:

    Intermediate Commercial Loan Officer

    2 - 4 years experience
    Bachelor's Degree

  2. This Job:

    Senior Commercial Loan Officer

    4 - 7 years experience
    Bachelor's Degree

  3. Up a level:

    Specialist Commercial Loan Officer

    7 + years experience
    Bachelor's Degree

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

Average Base Salary

Core compensation

 
 
 
115500
154800
135700

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
122800
172100
148200
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Senior Commercial Loan Officer in Edison, NJ. The base salary for Senior Commercial Loan Officer ranges from $115,500 to $154,800 with the average base salary of $135,700. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $122,800 to $172,100 with the average total cash compensation of $148,200.
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115500
154800

 

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About Edison, New Jersey    According to the United States Census Bureau, the township had a total area of 30.638 square miles (79.351 km2), including 29.940 square miles (77.543....More

Edison, New Jersey  area prices were up 1.5% from a year ago    View the Cost of Living in Edison, New Jersey

Senior Commercial Loan Officer Salary in popular cities: Newark, Jersey City, Paterson

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