As of November 01, 2024, the average annual pay of Loan Review Officer II in the United States is $95,202. While Salary.com is seeing that Loan Review Officer II salary in the US can go up to $126,151 or down to $68,492, but most earn between $81,221 and $111,402. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Review Officer II in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $111,402 | $9,283 | $2,142 | $54 |
| Average | $95,202 | $7,934 | $1,831 | $46 |
| 25th Percentile | $81,221 | $6,768 | $1,562 | $39 |
As of November 01, 2024, Salary.com is seeing that an entry-level Loan Review Officer II with under 1 year experience makes about $90,412. With less than 2 years of experience, a mid-level Loan Review Officer II makes around $90,828. After 2-4 years, the Loan Review Officer II pay rises to about $92,494. Those senior Loan Review Officer II with 5-8 years of experience earn roughly $94,992, and those Loan Review Officer II having 8 years or more experience is expected to earn about $100,300 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Review Officer II | $90,412 |
| Intermediate Level Loan Review Officer II | $90,828 |
| Senior Level Loan Review Officer II | $92,494 |
| Specialist Level Loan Review Officer II | $94,992 |
| Expert Level Loan Review Officer II | $100,300 |
| Entry Level | 5% |
| Mid Level | 5% |
| Senior Level | 3% |
| Top Level | 0% |
| Experienced | 5% |
Salaries in the United States can vary significantly from state to state due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of November 01, 2024, the average yearly salary of Loan Review Officer II is $105,008 in California and in Massachusetts, the average annual salary goes to $103,580. While in New Jersey, a Loan Review Officer II earns $104,342 per year.
What Am I Worth?
Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of November 01, 2024, the average yearly salary of Loan Review Officer II in San Francisco, CA is $119,003 and in New York, NY, the average annual salary goes to $111,196. While a Loan Review Officer II earns $106,722 per year in Boston, MA.
For those exploring the changing dynamics of Loan Review Officer II salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of November 01, 2024, our research highlights a notable shift in Loan Review Officer II compensation over the past six years. For instance, the median salary has moved from $68,724 in 2023 to about $69,383 in 2024 (for a comprehensive analysis of Loan Review Officer II salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.
Salary.com job board provides millions of Loan Review Officer II information for you to search for. Click on search button below to see Loan Review Officer II job openings or enter a new job title here.
Here are companies hiring for Loan Review Officer II and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $95,202 | 70.7% | ||
| Bonus | $3,041 | 2.3% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $7,516 | 5.6% | ||
| 401K/403B | $4,617 | 3.4% | ||
| Disability | $786 | 0.6% | ||
| Healthcare | $6,056 | 4.5% | ||
| Pension | $5,403 | 4.0% | ||
| Time Off | $12,092 | 9.0% | ||
| Total Compensation | $134,713 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 5.9% |
| High School | 23.5% |
| Associates | 5.9% |
| Bachelors | 47.1% |
| Masters | 11.8% |
| Doctorate | 5.9% |
What Am I Worth?
The average annual salary of Loan Review Officer II is $95,202. In case you are finding an easy salary calculator, the average hourly pay of Loan Review Officer II is $46; the average weekly pay of Loan Review Officer II is $1,831; the average monthly pay of Loan Review Officer II is $7,934.
A Loan Review Officer II's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Loan Review Officer II earns the most in San Jose, CA, where the annual salary of a Loan Review Officer II is $119,479.
The highest pay for Loan Review Officer II is $126,151.
The lowest pay for Loan Review Officer II is $68,492.
Loan Review Officer II performs reviews of bank's loans to ensure compliance with established policies and standards. Reviews mid- to large-size loans. Being a Loan Review Officer II reviews loan risk grades. Compiles reports and provides data required for accounting and regulatory reporting. Additionally, Loan Review Officer II requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Loan Review Officer II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Loan Review Officer II typically requires 2 -4 years of related experience.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Customer Relationship: Customer relations is the company-wide process of nurturing positive relationships with your customers . It helps you connect with your customers on a much more personal level and create a sense of mutual understanding with them.
Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
