Senior Commercial Loan Officer Salary in Rochester, Minnesota
Senior Commercial Loan Officer Salary in Rochester, MN
How much does a Senior Commercial Loan Officer make in Rochester, MN? The average Senior Commercial Loan Officer salary in Rochester, MN is $121,600 as of May 28, 2024, but the range typically falls between $103,500 and $138,700. 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 Senior Commercial Loan Officer Salary | $87,021 | Rochester,MN | May 28, 2024 |
| 25th Percentile Senior Commercial Loan Officer Salary | $103,500 | Rochester,MN | May 28, 2024 |
| 50th Percentile Senior Commercial Loan Officer Salary | $121,600 | Rochester,MN | May 28, 2024 |
| 75th Percentile Senior Commercial Loan Officer Salary | $138,700 | Rochester,MN | May 28, 2024 |
| 90th Percentile Senior Commercial Loan Officer Salary | $154,269 | Rochester,MN | May 28, 2024 |
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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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Newbold Advisors - Minneapolis, MNJob Title: Commercial Loan Officer. Job Location: Minneapolis, MN. Job Type: Direct Hire - Onsite. Compensation: $140,000 - $150,000 (annually). with an e...- 3 Days Ago
Career Path for this job
-
Down a level:
Intermediate Commercial Loan Officer
2 - 4 years experience
Bachelor's Degree -
This Job:
Senior Commercial Loan Officer
4 - 7 years experience
Bachelor's Degree -
Up a level:
Specialist Commercial Loan Officer
7 + years experience
Bachelor's Degree
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About Rochester, Minnesota
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| Job Title | Experience | EDUCATION | Salary Compared to This Job |
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| Job Title Commercial Loan Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Officer IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Officer V | Experience 10 + | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Review Officer III | Experience 7 + | EducationBachelors | Salary Compared to This Job |
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About Rochester, Minnesota Rochester is a city founded in 1854 in the U.S. State of Minnesota and is the county seat of Olmsted County located on the Zumbro River's south fork i....More
Rochester, Minnesota area prices were up 1.3% from a year ago View the Cost of Living in Rochester, Minnesota
Senior Commercial Loan Officer Salary in popular cities: Minneapolis, Saint Paul, Duluth
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