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Field officer vs commercial loan officer

The differences between field officers and commercial loan officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a field officer and a commercial loan officer. Additionally, a commercial loan officer has an average salary of $70,876, which is higher than the $37,148 average annual salary of a field officer.

The top three skills for a field officer include scheme, technical assistance and data collection. The most important skills for a commercial loan officer are customer service, loan portfolio, and financial statements.

Field officer vs commercial loan officer overview

Field OfficerCommercial Loan Officer
Yearly salary$37,148$70,876
Hourly rate$17.86$34.08
Growth rate4%4%
Number of jobs101,41891,582
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 76%
Average age4545
Years of experience66

Field officer vs commercial loan officer salary

Field officers and commercial loan officers have different pay scales, as shown below.

Field OfficerCommercial Loan Officer
Average salary$37,148$70,876
Salary rangeBetween $25,000 And $53,000Between $50,000 And $100,000
Highest paying City-Fort Lee, NJ
Highest paying state-Maine
Best paying company-Glacier Ban
Best paying industry-Finance

Differences between field officer and commercial loan officer education

There are a few differences between a field officer and a commercial loan officer in terms of educational background:

Field OfficerCommercial Loan Officer
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 76%
Most common majorCriminal JusticeBusiness
Most common collegeSUNY at BinghamtonUniversity of Pennsylvania

Field officer vs commercial loan officer demographics

Here are the differences between field officers' and commercial loan officers' demographics:

Field OfficerCommercial Loan Officer
Average age4545
Gender ratioMale, 68.7% Female, 31.3%Male, 73.8% Female, 26.2%
Race ratioBlack or African American, 9.2% Unknown, 4.6% Hispanic or Latino, 16.1% Asian, 6.4% White, 63.2% American Indian and Alaska Native, 0.5%Black or African American, 9.3% Unknown, 4.6% Hispanic or Latino, 15.5% Asian, 6.5% White, 63.6% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between field officer and commercial loan officer duties and responsibilities

Field officer example responsibilities.

  • Work with and lead operators, effectively conveying information, ensuring successful wireline operation performance.
  • Work with other team members and local contractors, authorities, agencies and NGOs to solve projects problems.
  • Establish and maintain appropriate systems to monitor, evaluate and report on all operational activities including logistics and program implementation.
  • Work with and lead operators, effectively conveying information, ensuring successful wireline operation performance.

Commercial loan officer example responsibilities.

  • Create and manage mortgage loan department along with commercial consumer, SBA and real estate lending producing additional revenue stream.
  • Manage a multifacete commercial real estate investment firm.
  • Mortgage underwriter for FHA direct endorsement, VA authorize & FNMA delegate programs.
  • Sign and issue payroll checks to contractors hire to complete REO projects.
  • Secure new loans, investment accounts, treasury management products and depository accounts.
  • Compile figures for sales amount prior to selling real estate own (REO).
  • Show more

Field officer vs commercial loan officer skills

Common field officer skills
  • Scheme, 23%
  • Technical Assistance, 8%
  • Data Collection, 8%
  • Emergency Situations, 7%
  • Field Supervision, 6%
  • Logistics, 6%
Common commercial loan officer skills
  • Customer Service, 9%
  • Loan Portfolio, 8%
  • Financial Statements, 6%
  • Business Development, 6%
  • Commercial Loans, 4%
  • Bank Products, 4%

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