Commercial Loan Business Development Officer II Salary in Saint Paul, Minnesota

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Commercial Loan Business Development Officer II Salary in Saint Paul, MN

How much does a Commercial Loan Business Development Officer II make?

As of December 01, 2024, the average annual pay of Commercial Loan Business Development Officer II in Saint Paul, MN is $118,419. While Salary.com is seeing that Commercial Loan Business Development Officer II salary in Saint Paul, MN can go up to $154,135 or down to $76,117, but most earn between $96,276 and $137,114. Salary.com shows 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 the United States.

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Commercial Loan Business Development Officer II Salaries by Percentile
Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $129,231 $10,769 $2,485 $62
Average $111,611 $9,301 $2,146 $54
25th Percentile $90,741 $7,562 $1,745 $44
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Average Salary

25% $96,276 10% $76,117 90% $154,135 75% $137,114 $118,419 50%(Median) Didn’t find job title? Click
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View Commercial Loan Business Development Officer II Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Commercial Loan Business Development Officer II salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Commercial Loan Business Development Officer II hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
$90,741
Average
$111,611/year
$129,231
$7,562
Average
$9,301/month
$10,769
$1,745
Average
$2,146/week
$2,485
$44
Average
$54/hour
$62
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $129,231 $10,769 $2,485 $62
Average $111,611 $9,301 $2,146 $54
25th Percentile $90,741 $7,562 $1,745 $44
Last Updated on December 01, 2024

View Commercial Loan Business Development Officer II Salary by Experience Levels

An entry-level Commercial Loan Business Development Officer II with under 1 year experience makes about $110,680. With less than 2 years of experience, a mid-level Commercial Loan Business Development Officer II makes around $111,338. After 2-4 years, the Commercial Loan Business Development Officer II pay rises to about $115,616. Those senior Commercial Loan Business Development Officer II with 5-8 years of experience earn roughly $124,865, and those Commercial Loan Business Development Officer II having 8 years or more experience are expected to earn about $127,643 on average.

Levels Salary
Entry Level Commercial Loan Business Development Officer II $110,680
Intermediate Level Commercial Loan Business Development Officer II $111,338
Senior Level Commercial Loan Business Development Officer II $115,616
Specialist Level Commercial Loan Business Development Officer II $124,865
Expert Level Commercial Loan Business Development Officer II $127,643
$110,680 0 yr
$111,338 < 2 yrs
$115,616 2-4 yrs
$124,865 5-8 yrs
$127,643 > 8 yrs
Last Updated on December 01, 2024
Entry Level 1%
Mid Level 0%
Senior Level 4%
Top Level 12%
Experienced 14%
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Last Updated on December 01, 2024

Highest Paying Cities in Minnesota for Commercial Loan Business Development Officer II

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Job Openings of Commercial Loan Business Development Officer II

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Cost of Living In Saint Paul, MN

Cost of Living in Saint Paul , MN is
13.5% Higher
than the National Average
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Best-Paid Skills and Qualifications for Commercial Loan Business Development Officer II

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.

See More Skills
Products and Services 4.92%
Commercial Banking 1.85%
Product Knowledge 1.12%
Others 92.11%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Commercial Loan Business Development Officer II higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Effective Communication, you can get a 14% salary raise. If you are good at Logistics, your salary will increase by 13%. If you are expert in Treasury Management, your salary will rise by 11%.
Skill Salary Demand
Effective Communication
 $134,998
14%
Logistics
 $133,814
13%
Treasury Management
 $131,445
11%
Presentation
 $131,445
11%
Customer Contact
 $130,261
10%
Analysis
 $129,077
9%
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Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Commercial Loan Business Development Officer II is $118,419 per year in Saint Paul, MN, updated at December 01, 2024.
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