MEDA - Metropolitan Economic Development Association
Minneapolis, MN
Lead Commercial Loan Review Officer Salary in Almelund, MN
How much does a Lead Commercial Loan Review Officer Make?
As of August 27, 2024, the average annual pay of Lead Commercial Loan Review Officer in the Almelund, MN is $130,100. While Salary.com is seeing that Lead Commercial Loan Review Officer salary in the US can go up to $173,181 or down to $105,474, but most earn between $117,210 and $152,650. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Lead Commercial Loan Review Officer in the United States.Lead Commercial Loan Review Officer Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $152,650 | $12,721 | $2,936 | $73 |
| Average | $130,100 | $10,842 | $2,502 | $63 |
| 25th Percentile | $117,210 | $9,768 | $2,254 | $56 |
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How much does a Lead Commercial Loan Review Officer Make?
As of August 27, 2024, the average annual pay of Lead Commercial Loan Review Officer in the Almelund, MN is $130,100. While Salary.com is seeing that Lead Commercial Loan Review Officer salary in the US can go up to $173,181 or down to $105,474, but most earn between $117,210 and $152,650. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Lead Commercial Loan Review Officer in the United States.- View Average Salary for United States
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View Lead Commercial Loan Review Officer Salary by Experience Levels
An entry-level Lead Commercial Loan Review Officer with under 1 year experience makes about $123,091. With less than 2 years of experience, a mid-level Lead Commercial Loan Review Officer makes around $124,050. After 2-4 years, the Lead Commercial Loan Review Officer pay rises to about $125,009. Those senior Lead Commercial Loan Review Officer with 5-8 years of experience earn roughly $128,463, and those Lead Commercial Loan Review Officer having 8 years or more experience are expected to earn about $138,879 on average.
$123,091
0 yr
$124,050
< 2 yrs
$125,009
2-4 yrs
$128,463
5-8 yrs
$138,879
> 8 yrs
Last Updated on August 27, 2024
| Entry Level | 5% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 1% |
| Experienced | 7% |
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Last Updated on August 27, 2024
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Job Openings of Lead Commercial Loan Review Officer
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MEDA - Metropolitan Economic Development Association
Minneapolis, MN
M
hot job
MEDA - Metropolitan Economic Development Association - Minneapolis, MNJOB SUMMARY. This position is responsible for origination and underwriting of business loans. The Loan Officer (LO) underwrites and processes small busines... more
1 Day Ago
Cost of Living In Almelund, MN
Cost of Living in Almelund , MN is
12.6% Higher
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Best-Paid Skills and Qualifications for Lead Commercial Loan Review Officer
What skills does a Lead Commercial Loan Review Officer need?
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.
1.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
2.
Anti Money Laundering: Anti-money laundering (AML) refers to the activities financial institutions perform to achieve compliance with legal requirements to actively monitor for and report suspicious activities.
3.
Due Diligence: Due diligence is the investigation or exercise of care that a reasonable business or person is expected to take before entering into an agreement or contract with another party, or an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations. A common example of due diligence in various industries is the process through which a potential acquirer evaluates a target company or its assets for an acquisition. The theory behind due diligence holds that performing this type of investigation contributes significantly to informed decision making by enhancing the amount and quality of information available to decision makers and by ensuring that this information is systematically used to deliberate in a reflexive manner on the decision at hand and all its costs, benefits, and risks.
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The average salary for a Lead Commercial Loan Review Officer is $130,100 per year in Almelund, MN, updated at August 27, 2024.
