How much does a Commercial Loan Business Development Officer II make in Murrieta, CA? The average Commercial Loan Business Development Officer II salary in Murrieta, CA is $118,730 as of March 26, 2024, but the range typically falls between $96,527 and $137,470. 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 $76,312 Murrieta,CA March 26, 2024
25th Percentile Commercial Loan Business Development Officer II Salary $96,527 Murrieta,CA March 26, 2024
50th Percentile Commercial Loan Business Development Officer II Salary $118,730 Murrieta,CA March 26, 2024
75th Percentile Commercial Loan Business Development Officer II Salary $137,470 Murrieta,CA March 26, 2024
90th Percentile Commercial Loan Business Development Officer II Salary $154,533 Murrieta,CA March 26, 2024
25% $96,527 10% $76,312 90% $154,533 75% $137,470 $118,730 50%(Median) Didn’t find job title? Click
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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.

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.

3.

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).

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

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Job Openings for Commercial Loan Business Development Officer II in Murrieta, CA

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
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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%

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

Average Base Salary

Core compensation

 
 
 
96527
137470
118730

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
118159
169821
139635
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 Murrieta, CA. The base salary for Commercial Loan Business Development Officer II ranges from $96,527 to $137,470 with the average base salary of $118,730. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $118,159 to $169,821 with the average total cash compensation of $139,635.
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96527
137470

 

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How much should you be paid?

About Murrieta, California    Murrieta is a city in southwestern Riverside County, California, United States. The population of Murrieta was 103,466 at the 2010 census. Murrieta ex....More

Murrieta, California  area prices were up 3.0% from a year ago    View the Cost of Living in Murrieta, California

Commercial Loan Business Development Officer II Salary in popular cities: Los AngelesSan DiegoSan Jose

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

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