As of March 01, 2025, the average annual salary for a Commercial Loan Review Officer I in Lynn, MA is $73,689. Salary.com reports that pay typically ranges from $62,477 to $84,769, with most professionals earning between $52,270 and $94,856.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $75,619 | $6,302 | $1,454 | $36 |
| Average | $65,735 | $5,478 | $1,264 | $32 |
| 25th Percentile | $55,734 | $4,644 | $1,072 | $27 |
An entry-level Commercial Loan Review Officer I with under 1 year experience makes about $72,077. With less than 2 years of experience, a mid-level Commercial Loan Review Officer I makes around $73,232. After 2-4 years, the Commercial Loan Review Officer I pay rises to about $75,684. Those senior Commercial Loan Review Officer I with 5-8 years of experience earn roughly $76,175, and those Commercial Loan Review Officer I having 8 years or more experience are expected to earn about $76,502 on average.
| Levels | Salary |
|---|---|
| Entry Level Commercial Loan Review Officer I | $72,077 |
| Intermediate Level Commercial Loan Review Officer I | $73,232 |
| Senior Level Commercial Loan Review Officer I | $75,684 |
| Specialist Level Commercial Loan Review Officer I | $76,175 |
| Expert Level Commercial Loan Review Officer I | $76,502 |
| Entry Level | 10% |
| Mid Level | 11% |
| Senior Level | 15% |
| Top Level | 16% |
| Experienced | 16% |
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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.
Credit Risk: Credit risk is the possibility of loss due to a borrower's defaulting on a loan or not meeting contractual obligations.
Target Market: A target market is a group of customers within a business's serviceable available market at which a business aims its marketing efforts and resources.
| Skill | Salary | Demand |
|---|---|---|
|
Commercial Banking
|
$87,690 |
19%
|
|
Project Management
|
$86,953 |
18%
|
|
Wealth Management
|
$86,216 |
17%
|
|
Economics
|
$84,742 |
15%
|
|
Insight
|
$84,005 |
14%
|
|
Risk Management
|
$81,058 |
10%
|
