Commercial Loan Officer I Salary in South Carolina
Commercial Loan Officer I Salary in South Carolina
How much does a Commercial Loan Officer I make in South Carolina? The average Commercial Loan Officer I salary in South Carolina is $68,116 as of April 24, 2024, but the range typically falls between $59,640 and $78,023. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Commercial Loan Officer I Salary | $51,923 | SC | April 24, 2024 |
| 25th Percentile Commercial Loan Officer I Salary | $59,640 | SC | April 24, 2024 |
| 50th Percentile Commercial Loan Officer I Salary | $68,116 | SC | April 24, 2024 |
| 75th Percentile Commercial Loan Officer I Salary | $78,023 | SC | April 24, 2024 |
| 90th Percentile Commercial Loan Officer I Salary | $87,043 | SC | April 24, 2024 |
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What skills does a Commercial Loan Officer I 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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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.
Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.
Job Description for Commercial Loan Officer I
Commercial Loan Officer I solicits and services a variety of smaller commercial loans. Performs a due diligence review of potential borrowers, including a risk and financial analysis. Being a Commercial Loan Officer I approves loans within established limits or presents to loan committee for approval. Monitors and maintains existing commercial loan portfolio. Additionally, Commercial Loan Officer I adheres to all regulatory requirements and internal risk and operating policies and procedures. May assist senior loan officers with larger or more complex loans. Typically requires a bachelor's degree. Typically reports to a manager. The Commercial Loan Officer I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commercial Loan Officer I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description
See user submitted job responsibilities for Commercial Loan Officer I.
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First Community Bank of South Carolina - Lexington, SCResponsible for preparing loan packages based on receipt of loan worksheets and commitment letters from commercial bankers and retail bankers. Preparation ...- 2 Days Ago
Select a city to view specific salary and bonus information for Commercial Loan Officer I
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Goose Creek, SC | Avg. Salary $68,404 | Date Updated April 24, 2024 |
| Location Abbeville, SC | Avg. Salary $66,528 | Date Updated April 24, 2024 |
| Location Adams Run, SC | Avg. Salary $68,116 | Date Updated April 24, 2024 |
| Location Aiken, SC | Avg. Salary $66,601 | Date Updated April 24, 2024 |
| Location Alcolu, SC | Avg. Salary $64,508 | Date Updated April 24, 2024 |
| Location Allendale, SC | Avg. Salary $66,240 | Date Updated April 24, 2024 |
| Location Anderson, SC | Avg. Salary $66,601 | Date Updated April 24, 2024 |
| Location Andrews, SC | Avg. Salary $65,518 | Date Updated April 24, 2024 |
| Location Arcadia, SC | Avg. Salary $67,827 | Date Updated April 24, 2024 |
| Location Awendaw, SC | Avg. Salary $68,044 | Date Updated April 24, 2024 |
Career Path for Commercial Loan Officer I
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 Officer I, the upper level is Commercial Loan Officer II and then progresses to Commercial Loan Officer IV.
What does a Commercial Loan Officer I do?
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Similar Jobs to Commercial Loan Officer I
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
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| Job Title Commercial Loan Business Development Officer I | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Officer IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Officer V | Experience 10 + | EducationBachelors | Salary Compared to This Job |
Level of Education for Commercial Loan Officer I
Jobs with different levels of education may pay very differently. Check the Commercial Loan Officer I salary of your education level.
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About South Carolina South Carolina (/ˌkærəˈlaɪnə/ (listen)) is a state in the Southeastern United States and the easternmost of the Deep South. It is bordered to the nort....More
Skills associated with Commercial Loan Officer I: Risk Analysis, Loan Origination, Loan Authorization, Lending Regulatory Compliance ...More
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