As of April 01, 2025, the average annual salary for a Commercial Loan Officer I in Concord, NC is $59,605. According to Salary.com, salaries can range from a low of $47,200 to a high of $75,897, with most professionals earning between $53,112 and $68,133.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $68,133 | $5,678 | $1,310 | $33 |
| Average | $59,605 | $4,967 | $1,146 | $29 |
| 25th Percentile | $53,112 | $4,426 | $1,021 | $26 |
An entry-level Commercial Loan Officer I with under 1 year experience makes about $58,636. With less than 2 years of experience, a mid-level Commercial Loan Officer I makes around $59,412. After 2-4 years, the Commercial Loan Officer I pay rises to about $61,133. Those senior Commercial Loan Officer I with 5-8 years of experience earn roughly $62,151, and those Commercial Loan Officer I having 8 years or more experience are expected to earn about $62,405 on average.
| Levels | Salary |
|---|---|
| Entry Level Commercial Loan Officer I | $58,636 |
| Intermediate Level Commercial Loan Officer I | $59,412 |
| Senior Level Commercial Loan Officer I | $61,133 |
| Specialist Level Commercial Loan Officer I | $62,151 |
| Expert Level Commercial Loan Officer I | $62,405 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 3% |
| Top Level | 1% |
| Experienced | 1% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.
Client Relationship: Client relationship managemen is focused on building relationships with clients to ensure that their needs are met, they are satisfied with the services and/or products provided by the company.
| Skill | Salary | Demand |
|---|---|---|
|
Risk Management
|
$67,354 |
13%
|
|
Portfolio Management
|
$65,566 |
10%
|
|
Community Development
|
$65,566 |
10%
|
|
Client Relationship
|
$63,778 |
7%
|
|
Teamwork
|
$63,778 |
7%
|
|
Collaboration
|
$63,182 |
6%
|
