Commercial Officer Salary in Chicago, IL

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How much does a Commercial Officer make in Chicago, IL? The average Commercial Officer salary in Chicago, IL is $76,336 as of March 26, 2024, but the salary range typically falls between $66,962 and $87,483. 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.

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Salary range for a Commercial Officer

$66,962 to $87,483

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Commercial Officer

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Job Openings for Commercial Officer in Chicago, IL

Chief Commercial Officer

Core Group Resources - Katy , TX

Salary: Core Group Resources is growing and we're looking for a Chief Commercial Officer to join our team! We are an industry-leading recruitment firm focused on helping others reach their full ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 7 days ago

Chief Commercial Officer (CCO)

Russell Solutions Group - Menlo Park , CA

Chief Commercial Officer SUMMARY OF POSITION: The Chief Commercial Officer is responsible for overall commercialization strategy and implementation at a start-up peripheral vascular thrombectomy ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 26 days ago

Commercial Loan Officer

RIO BANK - McAllen , TX

We are seeking a dynamic and experienced Commercial Loan Officer to join our growing team. At Rio Bank, we understand that every loan is different based on each client's situation. Our competitive ...

ZipRecruiter - 8 days ago

Commercial Loan Officer

National Exchange Bank & Trust - Cedar Grove , WI

Position Summary As a Commercial Loan Officer in our Sheboygan County market, you will be responsible for developing and retaining a portfolio of profitable lending relationships and negotiating loan ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 18 days ago

Commercial Loan Officer

FIRST BANK AND TRUST COMPANY - Radford , VA

First Bank and Trust is seeking a Commercial Loan Officer for our Fairlawn, VA office. This individual will work directly with the SVP Regional Manger with a focus on developing and maintaining a ...

ZipRecruiter - 14 days ago

Agribusiness Commercial Loan Officer

Community 1st Credit Union - Pella , IA

As a Full Time Commercial Loan Officer at Community 1st Credit Union in Pella, you'll have the opportunity to work with local farmers and agribusinesses, making a real impact on their success and ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 34 days ago

What does a Commercial Officer do?

Common responsibilities of a Commercial Officer

Manage portfolio of existing relationships to include obtaining up to date financial information and evaluating the continued credit worthiness of the borrower.

January 04, 2023

Complete closing transaction by assembling documents, reviewing documents with parties, explaining provisions and procedures, answering questions, checking documents for completeness and accuracy, and obtaining signatures.

January 20, 2023

Maintains a current understanding of Bank procedures and policies, including regulatory compliance issues relating to lending that include but are not limited to, Home Mortgage Disclosure Act (HMDA) Regulation B, Regulation Z, Flood Insurance, Fair Lending, Bank Secrecy Act (BSA)/CIP/SARs/Office of Foreign Asset Control (OFAC), Community Reinvestment Act, Information Security Guidelines, Identity Theft Red Flags, and Unfair, Deceptive, Abusive Acts or Practices.

February 12, 2023

Works in tandem with Credit Administration to request appraisals, applicant credit reports, background checks, reference checks, and other information pertinent to evaluation of loan applications.

February 26, 2023

Assists lending officers in the preparation of pre-funding worksheets, loan documentation checklists and any other communications necessary to properly submit a loan package to the Commercial Loan Documentation department.

March 14, 2023

Monitor the quality of loan portfolios on a continuous basis through loan repayments, deposit activity and financials, and take necessary action to collect from past due accounts.

March 17, 2023

Develop a deep understanding of all stakeholders (regional partners, payors, group purchasing organizations, pharmacies, physicians, patients and their families) promoting positive interactions that foster Flexion's corporate and commercial goals.

April 07, 2023

Provide sales information on a timely basis in order that this information may be included as part of customer service and sales performance reports.

April 28, 2023

Demonstrated track record of managing transactions, leading and cultivating individuals, interacting with all levels of the organization and working within a team environment to manage, monitor and grow portfolio in a business environment based upon mutual respect and teamwork.

April 28, 2023

Review, analyze and interpret financial statements, perform cash flow and personal financial statement analysis in order to assess the financial strength of a borrower.

April 29, 2023

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Commercial Officer Salary By Experience Levels in Chicago, IL

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Commercial Officer Salary By Level of Education in Chicago, IL

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LEVEL OF EDUCATION

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Average Salary Range for Commercial Officer in Chicago, IL

Average Base Salary

Core compensation

66962

87483

76336

Average Total Cash Compensation

Includes base and annual incentives

69595

95987

81866

What is the average salary for Commercial Officer in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Officer in Chicago, IL. The base salary for Commercial Officer ranges from $66,962 to $87,483 with the average base salary of $76,336. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $69,595 to $95,987 with the average total cash compensation of $81,866.

View Average Salary for Commercial Officer as table

	Average Salary	Average Salary Range
Base Salary	$76,336	$66,962 - $87,483
Bonus	$5,530	$2,632 - $8,505
Total Pay	$81,866	$69,595 - $95,987

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Commercial Officer Salary Near Chicago, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicago, IL
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $67,339 - $87,975	COMPARE TO Chicago, IL
CITY, STATE Oak Park, IL	AVERAGE SALARY RANGE $67,339 - $87,975	COMPARE TO Chicago, IL
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $67,262 - $87,875	COMPARE TO Chicago, IL
CITY, STATE Evanston, IL	AVERAGE SALARY RANGE $67,314 - $87,941	COMPARE TO Chicago, IL
CITY, STATE Skokie, IL	AVERAGE SALARY RANGE $67,314 - $87,941	COMPARE TO Chicago, IL
CITY, STATE Arlington Heights, IL	AVERAGE SALARY RANGE $65,806 - $85,972	COMPARE TO Chicago, IL

See salaries for Commercial Officer in locations close to Chicago, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Chicago, Illinois

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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The Commercial Officer job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Chicago, IL that might be a good fit for the type of job and salary you are looking for.

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66962

87483

About Chicago, Illinois Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois area prices were up 0.8% from a year ago

Commercial Officer Salary in popular cities: Aurora, Rockford, Joliet

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Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role