Average Experienced Loan Officer, Commercial Salary in St. Louis, Missouri

$90,000
Avg. Salary
$15,000
Bonus
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The average salary for an Experienced Loan Officer, Commercial in St. Louis, Missouri is $90,000.
25%
$63k
MEDIAN
$90k
75%
$109k
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United States (change)
Salary
$63k - $109k
Bonus
$0 - $15k
Total Pay
$66k - $125k

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Job Description for Loan Officer, Commercial

Loan Officer, Commercial Tasks
  • Develop, maintain, and grow the commercial loan portfolio of private loan companies, government agencies, and non-profit organizations.
  • Solicit new business by developing marketing strategies.
  • Oversee handling of advances, payments, and wire transfers.
  • Negotiate credit terms, and prepare credit analysis and repayment plan for approvals.
  • Interview, consult, accept, analyze credit of, and perform credit reviews of potential borrowers.

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