Loan Officer, Commercial Salary

Updated: 25 May 2012
Canada » Job » Loan Officer, Commercial Overview » Loan Officer, Commercial Salary
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National Salary Data

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
C$0C$25KC$50KC$75K
SalaryC$38,035 - C$66,805  
   
BonusC$507 - C$8,170  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
C$38,439 - C$73,378  
PayScale
Country: Canada | Currency: CAD | Updated: 25 May 2012 | Individuals Reporting: 45
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Companies and Industries for Loan Officer, Commercial Salaries

Popular Employers

Salary Range

HSBC Bank CanadaNot enough data
BMO - Bank of MontrealNot enough data
Popular Industries

Salary Range

Commercial BankingC$40,314 - C$82,028
Mortgage Lending / Loans / Credit ProductsC$38,076 - C$76,222
Financial ServicesC$38,340 - C$78,946

key statistics
Key Statistics for Loan Officer, Commercial Salaries and Jobs

Gender
Female
42%
female alumni
 
Male
58%
male alumni
Salary:C$38,842 - C$60,672 C$40,531 - C$63,585
Years of Experience
Less than 1 year
18%
1-4 years
49%
5-9 years
20%
10-19 years
4%
20 years or more
9%
Top Degrees

Salary Range

Bachelor's DegreeC$32,438 - C$73,051
Bachelor of Commerce (BCom), FinanceNot enough data
Bachelor of Arts (BA), EconomicsNot enough data
Master of Business Administration (MBA)Not enough data
Most Common Health Benefits
medical benefits Medical: 84% dental benefits Dental: 86%
vision benefits Vision: 67% employee benefits None: 7%

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sample job description
Loan Officer, Commercial Job Description

People with the job title Loan Officer, Commercial typically fall into one of the following PayScale standard occupations.

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.

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