How much does a Commercial Loan Manager make in Reedsport, OR? The average Commercial Loan Manager salary in Reedsport, OR is $170,455 as of May 28, 2024, but the range typically falls between $141,203 and $191,854. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Commercial Loan Manager Salary | $114,571 | Reedsport,OR | May 28, 2024 |
25th Percentile Commercial Loan Manager Salary | $141,203 | Reedsport,OR | May 28, 2024 |
50th Percentile Commercial Loan Manager Salary | $170,455 | Reedsport,OR | May 28, 2024 |
75th Percentile Commercial Loan Manager Salary | $191,854 | Reedsport,OR | May 28, 2024 |
90th Percentile Commercial Loan Manager Salary | $211,336 | Reedsport,OR | May 28, 2024 |
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.
Influencing: The ability to impact behaviors and decisions within and outside our organization in direct, indirect and intangible ways.
Performance Review: Assessing employee performance and identifying strengths and weaknesses to promote communication and provide constructive performance feedback.
Onboarding: Onboarding, also known as organizational socialization, is management jargon first created in the 1970's that refers to the mechanism through which new employees acquire the necessary knowledge, skills, and behaviors in order to become effective organizational members and insiders. It is the process of integrating a new employee into the organization and its culture. Tactics used in this process include formal meetings, lectures, videos, printed materials, or computer-based orientations to introduce newcomers to their new jobs and organizations. Research has demonstrated that these socialization techniques lead to positive outcomes for new employees such as higher job satisfaction, better job performance, greater organizational commitment, and reduction in occupational stress and intent to quit.. These outcomes are particularly important to an organization looking to retain a competitive advantage in an increasingly mobile and globalized workforce. In the United States, for example, up to 25% of workers are organizational newcomers engaged in an onboarding process. The term induction is used instead in regions such as Australia, New Zealand, Canada, and parts of Europe. This is known in some parts of the world as training.
What Should I Pay?
Commercial Loan Manager manages a team of commercial loan officers to build commercial loan business within a designated market. Provides operational guidance to loan officers and approves requests for loans beyond the officers' approval limits. Being a Commercial Loan Manager may personally handle the most complex loans and most difficult credit approvals. Adheres to all regulatory requirements and internal risk and operating policies and procedures. Additionally, Commercial Loan Manager builds a high-performance lending team with individual mentoring, coaching, and professional development opportunities. Typically requires a bachelor's degree. Typically reports to a director. The Commercial Loan Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Commercial Loan Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)... View full job description
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For Commercial Loan Manager, the upper level is Commercial Loan Senior Manager and then progresses to Director of Commercial Lending.
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Commercial Loan Manager salary varies from city to city. Compared with national average salary of Commercial Loan Manager, the highest Commercial Loan Manager salary is in San Francisco, CA, where the Commercial Loan Manager salary is 25.0% above. The lowest Commercial Loan Manager salary is in Miami, FL, where the Commercial Loan Manager salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Banking & Commercial Loan Workout Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Credit Analysis Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Clerk | Experience 1 - 3 | EducationAssociates | Salary Compared to This Job |
Job Title Commercial Loan Clerk, Sr. | Experience 3 - 5 | EducationAssociates | Salary Compared to This Job |
Job Title Commercial Loan Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Commercial Loan Manager salary of your education level.
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About Reedsport, Oregon Reedsport is a city in Douglas County, Oregon, United States. As of the 2010 census, the population was 4,154.....More
Reedsport, Oregon area prices were up 2.5% from a year ago View the Cost of Living in Reedsport, Oregon
Commercial Loan Manager Salary in popular cities: Portland, Eugene, Salem
Skills associated with Commercial Loan Manager: Loan Authorization, Team Building, Loan Software, Risk Analysis ...More
Jobs with a similar salary range to Commercial Loan Manager : Loan Manager, Loans Manager
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