Savings and Loan Salary Survey - 3 Example Jobs:
Chief Executive Officer | Banking Loan Officer Commercial | Maintenance Mechanic
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Banking Loan Officer Commercial
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Area: 193000700000
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Survey Title: Savings and Loan Salary Survey
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Categories
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No. of
Incumbents
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Mean
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First
Decile
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First
Quartile
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Median
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Third
Quartile
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Ninth
Decile
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Rate of
Error
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Public Databases
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Annual Salary
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$79,363
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$41,970
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$56,531
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$78,392
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$97,564
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$109,067
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Incentive/Variable Pay
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$6,880
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$1,652
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$6,811
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$14,317
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$18,821
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Total Direct Annual Compensation
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$86,243
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$41,970
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$58,183
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$85,203
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$111,881
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$127,888
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1
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ERI Assessor Databases
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Annual Salary
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$63,577
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$53,293
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$57,701
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$62,697
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$69,193
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$74,923
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Incentive/Variable Pay
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$4,679
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$3,922
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$4,246
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$4,615
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$5,093
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$5,515
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Total Direct Annual Compensation
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$68,256
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$57,215
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$61,947
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$67,312
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$74,286
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$80,438
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Survey Participants' Databases
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Annual Salary
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$87,469
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$69,080
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$77,781
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$86,828
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$95,875
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$104,576
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Incentive/Variable Pay
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Total Direct Annual Compensation
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63
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$87,469
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$69,080
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$77,781
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$86,828
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$95,875
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$104,576
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10
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Position Description
Interviews applicants and studies, evaluates, and authorizes or recommends approval of customer applications for secured or unsecured commercial loans and lines of credit.
Interviews applicant and requests specified information for commercial loan application. Analyzes applicant financial status, credit, and property evaluation to determine feasibility of granting loan or may submit application to credit analyst for verification and recommendation. Corresponds with or interviews applicant or creditors to resolve questions regarding application information. Approves commercial loans and lines of credit within specified limits or refers loan to loan committee for approval. Lesser experienced loan officers operate with moderate credit authority where more experienced senior loan officers operate with substantial credit authority involving large amounts of money or important customers. Ensures commercial loan agreements are complete and accurate according to policy. May confer with underwriter to aid in resolving application problems. May analyze potential loan markets to develop prospects for loans. May solicit and negotiate conventional or government secured loans on commission basis. May supervise loan personnel.
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Privacy Policy Terms of Use
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Copyright © 2013 ERI Economic Research Institute, Inc. All rights reserved. ERI Economic Research Institute is an Authorized User of selected Statistics Canada data under Agreement Number 6184. ERI’s intellectual property rights include Patent Nos. 6,862,596 and 7,647,322, "System and method for retrieving and displaying data, such as economic data relating to salaries, cost of living and employee benefits." Other Internet-related applications are Patents Pending.
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