Commercial Loan Officer V Salary in Norwalk, Connecticut

Commercial Loan Officer V Salary in Norwalk, CT

How much does a Commercial Loan Officer V make in Norwalk, CT? The average Commercial Loan Officer V salary in Norwalk, CT is $191,451 as of May 28, 2024, but the range typically falls between $158,503 and $221,186. 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. 

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Commercial Loan Officer V Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Officer V Salary $128,505 Norwalk,CT May 28, 2024
25th Percentile Commercial Loan Officer V Salary $158,503 Norwalk,CT May 28, 2024
50th Percentile Commercial Loan Officer V Salary $191,451 Norwalk,CT May 28, 2024
75th Percentile Commercial Loan Officer V Salary $221,186 Norwalk,CT May 28, 2024
90th Percentile Commercial Loan Officer V Salary $248,258 Norwalk,CT May 28, 2024
25% $158,503 10% $128,505 90% $248,258 75% $221,186 $191,451 50%(Median) Didn’t find job title? Click
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Check out Commercial Loan Officer Job Openings in Norwalk, Connecticut

Mortgage Loan Officer

NexGoal - Stamford, CT

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Loan Officer Assistant

Evolve - Danbury, CT

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Mortgage Loan Officer

Tomo - Stamford, CT

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Mortgage Loan Officer - Hartford, CT

Keybank National Association - Hartford, CT

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Job Description for Commercial Loan Officer V

Commercial Loan Officer V solicits and services a variety of large and complex commercial loans. Performs a due diligence review of potential borrowers, including a risk and financial analysis. Being a Commercial Loan Officer V approves loans within established limits or presents to loan committee for approval. Monitors and maintains existing commercial loan portfolio. Additionally, Commercial Loan Officer V adheres to all regulatory requirements and internal risk and operating policies and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Commercial Loan Officer V works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. To be a Commercial Loan Officer V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Salary.com job board provides millions of Commercial Loan Officer V information for you to search for. Click on search button below to see Commercial Loan Officer V job openings or enter a new job title here.

Job Openings for Commercial Loan Officer V in Norwalk, CT
  • NexGoal - Stamford, CT
    Our Client’s Company Profile. Our client is a nationwide mortgage broker with over 50 years of mortgage expertise. With them, you'll be surrounded by leade...
    - 5 Days Ago
  • Evolve - Danbury, CT
    Job Description. The Loan Officer Assistant will assist loan officers in increasing mortgage loan production by developing contacts, attracting mortgage cu...
    - 4 Days Ago
  • Tomo - Stamford, CT
    About Tomo. We believe everyone deserves a home-and at Tomo, our mission is to make homeownership a reality for everyone. We're changing the way that peopl...
    - 5 Days Ago
  • Keybank National Association - Hartford, CT
    Location. 225 Trumbull Street - Hartford, Connecticut 06103. Job Summary. The Mortgage Loan Officer (MLO) assists clients with the origination of residenti...
    - 3 Days Ago
  • TD Bank - New Haven, CT
    Work Location. New Haven, Connecticut. Hours. 40. Pay Details. $15.69 - $15.69 USD. TD is committed to providing fair and equitable compensation opportunit...
    - 3 Days Ago

Career Path for Commercial Loan Officer V

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 V, the upper level is Commercial Loan Manager and then progresses to Commercial Loan Senior Manager.

Commercial Loan Officer V
Commercial Loan Manager
Commercial Loan Senior Manager
Those that have already made the climb...
Robert E. Wolfe, Chairman of the Board, CEO, and CFO
ADVANCED OXYGEN TECHNOLOGY
Advanced Oxygen Technologies, Inc., through its subsidiaries, owns and leases a commercial real estate property in Vojens, Denmark. It also engages in the distribution and sale of security straps and tie downs. The company was formerly known as Aquanautic Corporation. The company was incorporated in 1981 and is headqua... More
Fiscal Year Ended in 2023
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Commercial Loan Officer V Pay Difference by Location

Commercial Loan Officer V salary varies from city to city. Compared with national average salary of Commercial Loan Officer V, the highest Commercial Loan Officer V salary is in San Francisco, CA, where the Commercial Loan Officer V salary is 25.0% above. The lowest Commercial Loan Officer V salary is in Miami, FL, where the Commercial Loan Officer V salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Understand the total compensation opportunity for a Commercial Loan Officer V, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
158503
221186
191451

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
172775
248220
208501
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Officer V in Norwalk, CT. The base salary for Commercial Loan Officer V ranges from $158,503 to $221,186 with the average base salary of $191,451. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $172,775 to $248,220 with the average total cash compensation of $208,501.
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158503
221186

 

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About Norwalk, Connecticut    Norwalk is a U.S. city located in southwestern Connecticut, in southern Fairfield County, on the northern shore of Long Island Sound. Norwalklies with....More

Norwalk, Connecticut  area prices were up 1.7% from a year ago    View the Cost of Living in Norwalk, Connecticut

Commercial Loan Officer V Salary in popular cities: Bridgeport, New Haven, Hartford

Skills associated with Commercial Loan Officer V: Lending Regulatory Compliance, Loan Software, Loan Authorization, Risk Analysis ...More

Jobs with a similar salary range to Commercial Loan Officer V : Commercial Advisor