Commercial Loan Business Development Officer I Salary in the United States

Commercial Loan Business Development Officer I Salary

How much does a Commercial Loan Business Development Officer I make in the United States? The average Commercial Loan Business Development Officer I salary in the United States is $74,749 as of May 28, 2020, but the range typically falls between $62,594 and $84,672. 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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Salary Salary + Bonus Benefits
25% $62,594 10% $51,528 90% $93,706 75% $84,672 $74,749 50%(Median)
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Job Description for Commercial Loan Business Development Officer I

Commercial Loan Business Development Officer I sells commercial loan services to prospective clients. Develops the initial relationship with prospects and coordinates with loan relationship manager to close selling process. Being a Commercial Loan Business Development Officer I develops sales strategies for expanding referral sources. Typically requires a bachelor's degree. Additionally, Commercial Loan Business Development Officer I typically reports to a manager or head of a unit/department. The Commercial Loan Business Development Officer I gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Commercial Loan Business Development Officer I typically requires 2 to 4 years of related experience. (Copyright 2020 Salary.com)... View full job description

See user submitted job responsibilities for Commercial Loan Business Development Officer I.

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Job Openings for Commercial Loan Business Development Officer I
Those that have already made the climb...
John D. Rainey, Chief Financial Officer and Executive Vice President, Global Customer Operations
PayPal Holdings, Inc.
PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and iZettle products. The company's Payments Platform allows consumer... More
Fiscal Year Ended in 2018
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Commercial Loan Business Development Officer I Pay Difference by Location

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.3%
City, State Washington, DC Compared to national average
+ 10.7%
City, State Miami, FL Compared to national average
-2.7%
City, State Chicago, IL Compared to national average
+ 6.0%
City, State Boston, MA Compared to national average
+ 12.9%
City, State New York, NY Compared to national average
+ 21.0%
City, State Dallas, TX Compared to national average
-1.0%

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

Average Base Salary

Core compensation

 
 
 
62594
84672
74749

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
72127
104130
84116
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Business Development Officer I in the United States. The base salary for Commercial Loan Business Development Officer I ranges from $62,594 to $84,672 with the average base salary of $74,749. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $72,127 to $104,130 with the average total cash compensation of $84,116.
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62594
84672

 

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Skills associated with Commercial Loan Business Development Officer I: Commercial Customer Development, Banking Software, New Business Development, Develop Referrals

Recently searched related titles: Commercial Lending Officer

Salary estimation for Commercial Loan Business Development Officer I at companies like : PayPal Holdings, Inc., RE/MAX Holdings, Inc., Square, Inc.