How much does a Commercial Loan Officer III make in New York, NY? The average Commercial Loan Officer III salary in New York, NY is $148,976 as of March 29, 2021, but the range typically falls between $132,086 and $163,721. 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.
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 2021 Salary.com)... View full job description
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Fiscal Year Ended in 2019
What does a Commercial Loan Officer III do?
Commercial Loan Officer III in Afton, WY
Makes underwriting decisions within approval authority.
November 25, 2020
Maintains up-to-date client files including current balance sheets, profit & loss statements, cash flow projections and all loan documentation.
The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estimated 2017 population of 8,622,698 distributed over a land area of about 302.6 square miles (784 km2), New York is also the most densely populated major city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, the largest metropolitan area in the world by urban landmass and one of the world's most populous megacities, with an estimated 20,320,876 people in its 2017 M...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
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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 New York, NY. The base salary for Commercial Loan Officer III ranges from $132,086 to $163,721 with the average base salary of $148,976. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $147,007 to $193,294 with the average total cash compensation of $168,501.