How much does a Commercial Loan Business Development Officer II make in Alexandria, VA? The average Commercial Loan Business Development Officer II salary in Alexandria, VA is $122,394 as of April 24, 2024, but the range typically falls between $99,502 and $141,710. 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. 

Commercial Loan Business Development Officer II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Business Development Officer II Salary $78,661 Alexandria,VA April 24, 2024
25th Percentile Commercial Loan Business Development Officer II Salary $99,502 Alexandria,VA April 24, 2024
50th Percentile Commercial Loan Business Development Officer II Salary $122,394 Alexandria,VA April 24, 2024
75th Percentile Commercial Loan Business Development Officer II Salary $141,710 Alexandria,VA April 24, 2024
90th Percentile Commercial Loan Business Development Officer II Salary $159,296 Alexandria,VA April 24, 2024
25% $99,502 10% $78,661 90% $159,296 75% $141,710 $122,394 50%(Median) Didn’t find job title? Click
Change Search Criteria

What skills does a Commercial Loan Business Development Officer II 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.

Commercial Banking: Is a profit oriented banking by providing loans to customers and charging interest. The bank’s funds come from money deposited by the bank customers in saving accounts, checking accounts, money market accounts, and certificates of deposit (CDs).

3.

Product Knowledge: Product knowledge is the ability to communicate information and answer questions about a product or service. It is considered an important knowledge area for any role that puts you in front of customers, investors or the media.

Products and Services 4.92%
Commercial Banking 1.85%
Product Knowledge 1.12%
Others 92.11%

Job Description for Commercial Loan Business Development Officer II

Commercial Loan Business Development Officer II 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 II develops sales strategies for expanding referral sources. May require a bachelor's degree. Additionally, Commercial Loan Business Development Officer II typically reports to a manager or head of a unit/department. The Commercial Loan Business Development Officer II contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Commercial Loan Business Development Officer II typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

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

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

Job Openings for Commercial Loan Business Development Officer II in Alexandria, VA
  • Job Summary. Position can be at a higher level commensurate with experience. Location: Webster MA or Boston MA preferred. Can be remote. The Actuary develo...
    - 2 Months Ago
  • About the team. Zillow Home Loans is on the front lines of radically redefining how consumers buy, sell, and finance homes. We seek to transform the consum...
    - 1 Day Ago
  • About the team. Zillow Home Loans is on the front lines of radically redefining how consumers buy, sell, and finance homes. We seek to transform the consum...
    - 2 Days Ago
  • About the team. Zillow Home Loans is on the front lines of radically redefining how consumers buy, sell, and finance homes. We seek to transform the consum...
    - 3 Days Ago
  • About the team. Zillow Home Loans is on the front lines of radically redefining how consumers buy, sell, and finance homes. We seek to transform the consum...
    - 5 Days Ago

Career Path for Commercial Loan Business Development Officer II

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 II, the first career path typically progresses to Business Development Officer (Select Customer), Sr..

Additionally, the second career path typically progresses to International Banking Manager.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

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

Step 1 of 3

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

Average Base Salary

Core compensation

 
 
 
99502
141710
122394

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
121808
175061
143941
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 II in Alexandria, VA. The base salary for Commercial Loan Business Development Officer II ranges from $99,502 to $141,710 with the average base salary of $122,394. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $121,808 to $175,061 with the average total cash compensation of $143,941.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

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

99502
141710

 

Step 3 of 3

How much should you be paid?

About Alexandria, Virginia    Alexandria is an independent city in the Commonwealth of Virginia in the United States. As of the 2010 census, the population was 139,966, and in 2016....More

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

Commercial Loan Business Development Officer II Salary in popular cities: Virginia BeachNorfolkChesapeake

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

Recently searched related titles: Commercial Loan Closing Specialist

Jobs with a similar salary range to Commercial Loan Business Development Officer II : Research and Development Officer

Salary estimation for Commercial Loan Business Development Officer II at companies like : Optical Society Of America Inc, Aventura City of Excellence School, Unions