MANHATTAN BRIDGE CAPITAL INC Lending Officer III Salary in the United States
How much does a Lending Officer III make at companies like MANHATTAN BRIDGE CAPITAL INC in the United States? The average salary for Lending Officer III at companies like MANHATTAN BRIDGE CAPITAL INC in the United States is $100,675 as of April 24, 2024, but the range typically falls between $90,589 and $112,856. 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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What does a Lending Officer III do at companies like MANHATTAN BRIDGE CAPITAL INC?
Lending Officer III conducts lending activities for an assigned market or geographic area. Develops a pipeline of customers through referrals, inquiries, and outreach. Being a Lending Officer III performs a due diligence review of potential borrowers, including a risk and financial analysis. Structures loan proposals, prepares credit memos, and presents to loan committee for approval. Additionally, Lending Officer III manages a portfolio of existing loans, including reviewing financial reporting, monitoring compliance with loan terms, and handling loan modifications or workouts. Ensures adherence to regulations, bank credit policies, and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Lending Officer III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Lending Officer III typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)
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