How much does a Commercial Loan Review Officer III make in Watertown, SD? The average Commercial Loan Review Officer III salary in Watertown, SD is $93,778 as of April 24, 2024, but the range typically falls between $83,177 and $108,813. 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 Review Officer III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Review Officer III Salary $73,526 Watertown,SD April 24, 2024
25th Percentile Commercial Loan Review Officer III Salary $83,177 Watertown,SD April 24, 2024
50th Percentile Commercial Loan Review Officer III Salary $93,778 Watertown,SD April 24, 2024
75th Percentile Commercial Loan Review Officer III Salary $108,813 Watertown,SD April 24, 2024
90th Percentile Commercial Loan Review Officer III Salary $122,502 Watertown,SD April 24, 2024
25% $83,177 10% $73,526 90% $122,502 75% $108,813 $93,778 50%(Median) Didn’t find job title? Click
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What skills does a Commercial Loan Review Officer III 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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Credit Administration: Credit Administration is the oversight of all activities related to a bank's credit process ensuring the bank's largest balance sheet asset,the loan portfolio, maintains its value.

3.

Anti Money Laundering: Anti-money laundering (AML) refers to the activities financial institutions perform to achieve compliance with legal requirements to actively monitor for and report suspicious activities.

Analysis 9.68%
Credit Administration 3.23%
Anti Money Laundering 3.23%
Others 83.86%

Job Description for Commercial Loan Review Officer III

Commercial Loan Review Officer III performs reviews of bank's commercial loans to ensure compliance with established policies and credit standards. Reviews mid to large size loans of moderate complexity. Being a Commercial Loan Review Officer III typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Commercial Loan Review Officer III is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. To be a Commercial Loan Review Officer III typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commercial Loan Review Officer III in Watertown, SD
  • Our client is a great community in the Sioux Falls market and they're looking for a strong commercial lender with some great experience to join their team....
    - 4 Days Ago
  • We pride ourselves on building close relationships with our customers to understand their specific needs and provide tailored solutions for their business....
    - 1 Day Ago
  • Commercial Loan Officer. Do you prefer family owned, publicly traded, or community owned and focused. Appreciate the community-feel and culture. A Favorite...
    - 5 Days Ago
  • We are now hiring for a Commercial Underwriter, located in our Arlington, TX, Boise, ID or South Sioux City, NE offices. For this position, we need someone...
    - 26 Days Ago
  • We are now hiring for a Commercial Underwriter, located in our Bloomington, IN or Knoxville, TN office. For this position, we need someone who is self-moti...
    - 26 Days Ago

Career Path for Commercial Loan Review Officer III

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 Review Officer III, the first career path typically starts with a Commercial Loan Review Officer IV position, and then progresses to Commercial Loan Review Manager.

Additionally, the second career path typically progresses to Loan Review Manager.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Commercial Loan Review Officer III salary varies from city to city. Compared with national average salary of Commercial Loan Review Officer III, the highest Commercial Loan Review Officer III salary is in San Francisco, CA, where the Commercial Loan Review Officer III salary is 25.0% above. The lowest Commercial Loan Review Officer III salary is in Miami, FL, where the Commercial Loan Review Officer III 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%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

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

Average Base Salary

Core compensation

 
 
 
83177
108813
93778

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
88208
114031
100198
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Review Officer III in Watertown, SD. The base salary for Commercial Loan Review Officer III ranges from $83,177 to $108,813 with the average base salary of $93,778. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $88,208 to $114,031 with the average total cash compensation of $100,198.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

83177
108813

 

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About Watertown, South Dakota    Watertown is a city in and the county seat of Codington County, South Dakota, United States. The population was 21,482 at the 2010 census. It is the f....More

Watertown, South Dakota  area prices were up 0.8% from a year ago    View the Cost of Living in Watertown, South Dakota

Commercial Loan Review Officer III Salary in popular cities: Sioux FallsRapid CityAberdeen

Skills associated with Commercial Loan Review Officer III: Risk Analysis, Loan Review, Lending Regulatory Compliance, Risk Assessment ...More

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