Lending Officer III Salary in Illinois

How much does a Lending Officer III make in Illinois? The average Lending Officer III salary in Illinois is $169,435 as of September 26, 2019, but the range typically falls between $143,859 and $211,457. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. View the Cost of Living in Illinois

About Illinois    Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross dome....More

Skills Associated with Lending Officer III: Loan Software, Loan Authorization

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Salary estimation for Lending Officer III at companies like : FS BANCORP INC, HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC

Job Description

Lending Officer III oversees lending activity for a market vertical or geographic area. Responsible for approving complex loans and assisting lending teams with structuring and pricing of larger loans. Being a Lending Officer III assess risk, develops policies and guidelines for lenders. Monitors overall loan portfolio performance and seeks resolution of issues. Additionally, Lending Officer III ensures adherence to bank credit policies and procedures. Requires a bachelor's degree. Typically reports to top management. The Lending Officer III manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Lending Officer III typically requires 5+ years of managerial experience. (Copyright 2019 Salary.com)

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Location Avg. Salary Date Updated
Location Cicero, IL Avg. Salary $174,879 Date Updated September 26, 2019
Location Mount Prospect, IL Avg. Salary $174,286 Date Updated September 26, 2019
Location Abingdon, IL Avg. Salary $156,367 Date Updated September 26, 2019
Location Adair, IL Avg. Salary $158,365 Date Updated September 26, 2019
Location Addieville, IL Avg. Salary $161,120 Date Updated September 26, 2019
Location Addison, IL Avg. Salary $174,286 Date Updated September 26, 2019
Location Akin, IL Avg. Salary $154,945 Date Updated September 26, 2019
Location Albany, IL Avg. Salary $153,358 Date Updated September 26, 2019
Location Albers, IL Avg. Salary $161,120 Date Updated September 26, 2019
Location Albion, IL Avg. Salary $151,502 Date Updated September 26, 2019
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