Corporate banking officer vs loan administrator

The differences between corporate banking officers and loan administrators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a corporate banking officer and a loan administrator. Additionally, a corporate banking officer has an average salary of $91,218, which is higher than the $42,859 average annual salary of a loan administrator.

The top three skills for a corporate banking officer include cash management, corporate banking and risk management. The most important skills for a loan administrator are customer service, data entry, and loan administration.

Corporate banking officer vs loan administrator overview

	Corporate Banking Officer	Loan Administrator
Yearly salary	$91,218	$42,859
Hourly rate	$43.85	$20.61
Growth rate	4%	4%
Number of jobs	71,784	63,708
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 58%
Average age	45	45
Years of experience	6	6

Corporate banking officer vs loan administrator salary

Corporate banking officers and loan administrators have different pay scales, as shown below.

	Corporate Banking Officer	Loan Administrator
Average salary	$91,218	$42,859
Salary range	Between $58,000 And $141,000	Between $31,000 And $59,000
Highest paying City	San Francisco, CA	Seattle, WA
Highest paying state	Washington	Hawaii
Best paying company	Westpac	BNY Mellon
Best paying industry	Finance	Finance

Differences between corporate banking officer and loan administrator education

There are a few differences between a corporate banking officer and a loan administrator in terms of educational background:

	Corporate Banking Officer	Loan Administrator
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 58%
Most common major	Finance	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Corporate banking officer vs loan administrator demographics

Here are the differences between corporate banking officers' and loan administrators' demographics:

	Corporate Banking Officer	Loan Administrator
Average age	45	45
Gender ratio	Male, 63.1% Female, 36.9%	Male, 23.2% Female, 76.8%
Race ratio	Black or African American, 9.1% Unknown, 4.6% Hispanic or Latino, 15.7% Asian, 6.3% White, 63.7% American Indian and Alaska Native, 0.5%	Black or African American, 9.3% Unknown, 4.6% Hispanic or Latino, 16.2% Asian, 6.4% White, 63.0% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between corporate banking officer and loan administrator duties and responsibilities

Corporate banking officer example responsibilities.

Manage a combination of commercial and personal banking relationships, and promote cross-selling across multiple product lines.
Complete random audits on vaults, ATM's, cash boxes, and cash machines.
Monitor and track securities transactions, fund transfers, margin accounts.
Assist in cross selling new treasury services to existing clients in order to increase revenue.
Service and fund all daily treasury and corporate credit functions, checking for loan compliance and legal documentation.
Supervise end-of-dayprocessing for: teller, vault and ATM cash balancing, wire transfers, overdrafts and checkprocessing.

Loan administrator example responsibilities.

Manage a multifacete commercial real estate investment firm.
Pull OFAC on all borrowers.
Order third party reports such as appraisals, titles, and OFAC information.
Order on FHA loans in a timely and efficient manner to meet month end deadlines.
Present and sell financial benefits of a variety of FHA, VA, and conventional loans.
Coordinate and maintain loans for adherence to credit policy as well as guidelines in keeping compliant with SBA regulations.

Corporate banking officer vs loan administrator skills

Common corporate banking officer skills

Cash Management, 25%
Corporate Banking, 23%
Risk Management, 8%
Client Relationships, 7%
Treasury, 7%
Loan Portfolio, 5%

Common loan administrator skills

Customer Service, 14%
Data Entry, 5%
Loan Administration, 5%
Loan Processing, 5%
Financial Statements, 4%
Due Diligence, 4%

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Corporate Banking Officer
Corporate Banking Officer vs Loan Administrator

Updated January 8, 2025

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