Commercial Loan Officer III Salary in Chicago, Illinois

How much does a Commercial Loan Officer III make in Chicago, IL? The average Commercial Loan Officer III salary in Chicago, IL is $126,958 as of August 27, 2019, but the range typically falls between $112,560 and $139,531. 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. 

About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

Skills Associated with Commercial Loan Officer III: Lending Regulatory Compliance, Loan Authorization, Loan Origination, Loan Software ...More

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Salary estimation for Commercial Loan Officer III at companies like : GIGAMON INC, PAYPAL HOLDINGS INC, RE/MAX HOLDINGS INC

Jobs with a similar salary range to Commercial Loan Officer III : Intellectual Property Counsel, IT Analyst/ Integration Developer

Job Description

Commercial Loan Officer III solicits and services a variety of moderate to large size commercial loans. Interviews applicants and obtains information regarding earnings and financial condition to evaluate the applicant's creditworthiness. Being a Commercial Loan Officer III approves or denies loan within established limits, or refers loan to loan committee for approval. Requires a bachelor's degree. Additionally, Commercial Loan Officer III typically reports to a manager or head of a unit/department. The Commercial Loan Officer III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Commercial Loan Officer III typically requires 4 to 7 years of related experience. (Copyright 2019 Salary.com)

See user submitted job responsibilities for Commercial Loan Officer III.

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Average Base Salary

Core compensation

 
 
 
112560
139531
126958

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
125270
164720
143588
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Officer III in Chicago, IL. The base salary for Commercial Loan Officer III ranges from $112,560 to $139,531 with the average base salary of $126,958. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $125,270 to $164,720 with the average total cash compensation of $143,588.
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112560
139531

 

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Job Openings for Commercial Loan Officer III in Chicago, IL
Those that have already made the climb...
Michael J. Burns , Former Chief Financial Officer
"Gigamon Inc. develops and delivers solution that delivers visibility and control of data-in-motion traversing enterprise, federal, and service provider networks in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers traffic intelligence applications that provi... More
Fiscal Year Ended in 2016
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