How much does a Commercial Loan Officer III make at companies like MANHATTAN BRIDGE CAPITAL INC in the United States? The average salary for Commercial Loan Officer III at companies like MANHATTAN BRIDGE CAPITAL INC in the United States is $123,989 as of April 24, 2024, but the range typically falls between $105,502 and $141,433. 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. View the Cost of Living in Major Cities
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Commercial Loan Officer III solicits and services a variety of moderate to large size commercial loans. Performs a due diligence review of potential borrowers, including a risk and financial analysis. Being a Commercial Loan Officer III approves loans within established limits or presents to loan committee for approval. Monitors and maintains existing commercial loan portfolio. Additionally, Commercial Loan Officer III adheres to all regulatory requirements and internal risk and operating policies and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Commercial Loan Officer III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Commercial Loan Officer III typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)
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Core compensation
Includes base and annual incentives
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