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Senior Lending Officer Salary in Indianapolis, Indiana

Senior Lending Officer Salary in Indianapolis, IN

How much does a Senior Lending Officer make in Indianapolis, IN? The average Senior Lending Officer salary in Indianapolis, IN is $97,540 as of May 28, 2024, but the range typically falls between $87,770 and $109,330. 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 Lending Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Senior Lending Officer Salary $78,875 Indianapolis,IN May 28, 2024
25th Percentile Senior Lending Officer Salary $87,770 Indianapolis,IN May 28, 2024
50th Percentile Senior Lending Officer Salary $97,540 Indianapolis,IN May 28, 2024
75th Percentile Senior Lending Officer Salary $109,330 Indianapolis,IN May 28, 2024
90th Percentile Senior Lending Officer Salary $120,064 Indianapolis,IN May 28, 2024
25% $87,770 10% $78,875 90% $120,064 75% $109,330 $97,540 50%(Median) Didn’t find job title? Click
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Check out Senior Lending Officer Job Openings in Indianapolis, Indiana

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The Travelers Companies, Inc. - Indianapolis, IN

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Job Description

The Senior Lending Officer is responsible for approving complex loans and assisting lending teams with structuring and pricing of larger loans. Oversees lending activity for a market vertical or geographic area. Being a Senior Lending Officer monitors overall loan portfolio performance and seeks resolution of issues. Assess risk, develops policies and guidelines for lenders. In addition, Senior Lending Officer ensures adherence to bank credit policies and procedures. Requires a bachelor's degree. Typically reports to top management. The Senior Lending Officer manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. Working as a Senior Lending Officer typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)

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Job Openings for Senior Lending Officer in Indianapolis, IN

Career Path for this job

  1. Down a level:

    Intermediate Lending Officer

    2 - 4 years experience
    Bachelor's Degree

  2. This Job:

    Senior Lending Officer

    4 - 7 years experience
    Bachelor's Degree

  3. Up a level:

    VP of Lending


    Bachelor's Degree

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

Average Base Salary

Core compensation

 
 
 
87770
109330
97540

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
90590
118240
102490
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Senior Lending Officer in Indianapolis, IN. The base salary for Senior Lending Officer ranges from $87,770 to $109,330 with the average base salary of $97,540. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $90,590 to $118,240 with the average total cash compensation of $102,490.
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87770
109330

 

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About Indianapolis, Indiana    Indianapolis is in the East North Central region of the Midwestern United States, in central Indiana. According to the U.S. Census Bureau, the Indiana....More

Indianapolis, Indiana  area prices were up 1.3% from a year ago    View the Cost of Living in Indianapolis, Indiana

Senior Lending Officer Salary in popular cities: Fort Wayne, Evansville, South Bend

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