How much does a Commercial Loan Review Officer IV make hourly in the United States? The average hourly wage for a Commercial Loan Review Officer IV in the United States is $59 as of April 24, 2024, but the range typically falls between $53 and $69. Hourly rate 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.
Percentile | Hourly Pay Rate | Location | Last Updated |
10th Percentile Commercial Loan Review Officer IV Salary | $48 | US | April 24, 2024 |
25th Percentile Commercial Loan Review Officer IV Salary | $53 | US | April 24, 2024 |
50th Percentile Commercial Loan Review Officer IV Salary | $59 | US | April 24, 2024 |
75th Percentile Commercial Loan Review Officer IV Salary | $69 | US | April 24, 2024 |
90th Percentile Commercial Loan Review Officer IV Salary | $78 | US | April 24, 2024 |
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.
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.
Due Diligence: Due diligence is the investigation or exercise of care that a reasonable business or person is expected to take before entering into an agreement or contract with another party, or an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations. A common example of due diligence in various industries is the process through which a potential acquirer evaluates a target company or its assets for an acquisition. The theory behind due diligence holds that performing this type of investigation contributes significantly to informed decision making by enhancing the amount and quality of information available to decision makers and by ensuring that this information is systematically used to deliberate in a reflexive manner on the decision at hand and all its costs, benefits, and risks.
Commercial Loan Review Officer IV performs reviews of bank's commercial loans to ensure compliance with established policies and credit standards. Reviews mid to large size loans of the most complexity. Being a Commercial Loan Review Officer IV typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Commercial Loan Review Officer IV works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. 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. To be a Commercial Loan Review Officer IV typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description
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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 IV, the first career path typically progresses to Commercial Loan Review Manager.
Additionally, the second career path typically progresses to Loan Review Manager.
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Commercial Loan Review Officer IV salary varies from city to city. Compared with national average salary of Commercial Loan Review Officer IV, the highest Commercial Loan Review Officer IV salary is in San Francisco, CA, where the Commercial Loan Review Officer IV salary is 25.0% above. The lowest Commercial Loan Review Officer IV salary is in Miami, FL, where the Commercial Loan Review Officer IV salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Commercial Loan Officer IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Officer V | Experience 10 + | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Review Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Review Officer I | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Review Officer II | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Commercial Loan Review Officer IV salary of your education level.
Geographic variations impact Commercial Loan Review Officer IV salary levels, due to various factors, such as cost of living, industries, market demand and company budgets. Click below to see pay differences between states.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Commercial Loan Review Officer IV salary varies from category to category. Click below to see Commercial Loan Review Officer IV salary in different categories.
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Skills associated with Commercial Loan Review Officer IV: Risk Assessment, Loan Software, Internal Controls, Risk Analysis ...More
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Salary estimation for Commercial Loan Review Officer IV at companies like : Jaeger Industries Inc, St Joseph Villa Nursing & Rehabilitation Center, Minnewaska Hospital Joint Venture Inc