Commercial Loan Business Development Officer I Salary in Texarkana, Arkansas

Commercial Loan Business Development Officer I Salary in Texarkana, AR

How much does a Commercial Loan Business Development Officer I make in Texarkana, AR? The average Commercial Loan Business Development Officer I salary in Texarkana, AR is $75,079 as of May 28, 2024, but the range typically falls between $62,859 and $85,047. 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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Commercial Loan Business Development Officer I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Business Development Officer I Salary $51,733 Texarkana,AR May 28, 2024
25th Percentile Commercial Loan Business Development Officer I Salary $62,859 Texarkana,AR May 28, 2024
50th Percentile Commercial Loan Business Development Officer I Salary $75,079 Texarkana,AR May 28, 2024
75th Percentile Commercial Loan Business Development Officer I Salary $85,047 Texarkana,AR May 28, 2024
90th Percentile Commercial Loan Business Development Officer I Salary $94,123 Texarkana,AR May 28, 2024
25% $62,859 10% $51,733 90% $94,123 75% $85,047 $75,079 50%(Median) Didn’t find job title? Click
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Check out Commercial Loan Business Development Officer Job Openings in Texarkana, Arkansas

Divisional Business Development Officer (Work from Home)

American Red Cross - Little Rock, AR

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Commercial Loan Officer I

Centennial Bank - Russellville, AR

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Commercial Loan Officer III

Centennial Bank - Little Rock, AR

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What skills does a Commercial Loan Business Development Officer I need?

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.

1.

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.

2.

Customer Acquisition: Attracting and converting new customers for our business.

3.

Small Business Banking: Small business banking refers to banking services and products designed for small and medium-sized businesses. Banks and credit unions often have special divisions just for their small business clients.

See More Skills
Products and Services 5.57%
Customer Acquisition 1.71%
Small Business Banking 1.02%
Others 91.7%

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 2024 Salary.com)... View full job description

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Salary.com job board provides millions of Commercial Loan Business Development Officer I information for you to search for. Click on search button below to see Commercial Loan Business Development Officer I job openings or enter a new job title here.

Job Openings for Commercial Loan Business Development Officer I in Texarkana, AR
  • American Red Cross - Little Rock, AR
    Please use Google Chrome or Mozilla Firefox when accessing Candidate Home. By joining the American Red Cross you will touch millions of lives every year an...
    - 6 Days Ago
  • Centennial Bank - Russellville, AR
    GENERAL DESCRIPTION OF POSITION. Responsible for extending credit within the policies and guidelines set forth in the loan policy. Responsible for ensuring...
    - 5 Days Ago
  • Centennial Bank - Little Rock, AR
    GENERAL DESCRIPTION OF POSITION. The Commercial Loan Officer III is responsible for extending credit within the policies and guidelines set forth in the lo...
    - 4 Days Ago
  • Brickvisual - Little Rock, AR
    We are delighted to announce the appointment of Jason Bergeron as Brick Visual’s Chief Business Development Officer. Jason is well-known for co-founding D2...
    - 5 Days Ago
  • The Travelers Companies, Inc. - Alpharetta, GA
    Who Are We. Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our...
    - 26 Days Ago

Career Path for Commercial Loan Business Development Officer I

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 Commercial Loan Business Development Officer I, the first career path typically starts with a Business Development Officer (Select Customer) position, and then Business Development Officer (Select Customer), Sr..

The second career path typically progresses to International Banking Manager.

Additionally, the third career path typically progresses to Commercial Loan Business Development Officer II.

Commercial Loan Business Development Officer I
Business Development Officer (Select Customer)
International Banking Manager
Commercial Loan Business Development Officer II
Business Development Officer (Select Customer), Sr.
Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc.
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Commercial Loan Business Development Officer I Pay Difference by Location

Commercial Loan Business Development Officer I salary varies from city to city. Compared with national average salary of Commercial Loan Business Development Officer I, the highest Commercial Loan Business Development Officer I salary is in San Francisco, CA, where the Commercial Loan Business Development Officer I salary is 25.0% above. The lowest Commercial Loan Business Development Officer I salary is in Miami, FL, where the Commercial Loan Business Development Officer I salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

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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

 
 
 
62859
85047
75079

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
72473
104585
84516
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 Texarkana, AR. The base salary for Commercial Loan Business Development Officer I ranges from $62,859 to $85,047 with the average base salary of $75,079. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $72,473 to $104,585 with the average total cash compensation of $84,516.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

62859
85047

 

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About Texarkana, Arkansas    Texarkana is a city in Arkansas and the county seat of Miller County. The city is located across the state line from its twin city, Texarkana, Texas. ....More

Texarkana, Arkansas  area prices were up 1.2% from a year ago    View the Cost of Living in Texarkana, Arkansas

Commercial Loan Business Development Officer I Salary in popular cities: Little Rock, Fort Smith, Fayetteville

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

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