Assistant Vice President (AVP), Commercial Lending Salary

Earnings for Assistant VPs of Commercial Lending in the United States come in at around $71K annually on average. Total incomes of Assistant VPs of Commercial Lending incorporate potential for, in a few cases, more than $20K from bonuses and close to $10K from profit sharing; these performance components cause packages to range between $47K and $107K. Residence is the biggest factor affecting pay for this group, followed by tenure. The majority of Assistant VPs of Commercial Lending (61 percent) who took the survey are men. Most Assistant VPs of Commercial Lending like their work and job satisfaction is high. Medical and dental benefits are awarded to nearly all, and a majority earn vision coverage. The data for this synopsis comes from respondents who took the PayScale salary survey.

$44,400 - $92,959

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$44,400 - $92,959  
   
Bonus
$202.73 - $20,145  
Profit Sharing
$850 - $9,826  
Commission
$2,056 - $15,260  
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).
)
$47,079 - $106,807  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 281
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Job Description for Assistant Vice President (AVP), Commercial Lending

Assistant vice presidents of commercial lending are responsible for managing numerous complex commercial loan portfolios, overseeing details such as credit quality, credit administration, and portfolio performance. They are in charge of the approval or denial of loans, as well as reviewing the loan recommendations of others. Assistant vice presidents of commercial lending must develop and markets new business and be involved with community relations activities. Additionally, these executives are responsible for training new employees, interviewing loan applicants to determine client needs, and making recommendations of services to meet customers' needs. They also manage assigned loan portfolios to ensure credit quality and develop new business through marketing calls, community involvement, and industry functions, as well as providing excellent customer service to clients.

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Assistant Vice President (AVP), Commercial Lending Tasks

  • Report on loan portfolio, identifying problems and opportunities.
  • Analyze customer and prospective customer financials to make recommendations.
  • Contribute to loan policy revisions and changes.
  • Build and strengthen customer relations and broaden customer base.
  • Provide customer service for current customers, answering questions.

Assistant Vice President (AVP), Commercial Lending Job Listings

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Popular Skills for Assistant Vice President (AVP), Commercial Lending


Assistant VPs of Commercial Lending report using a diverse set of skills on the job. Most notably, skills in Sales, Customer Relationship Management, Financial Analysis, and Commercial Loans are correlated to pay that is above average, with boosts between 3 percent and 13 percent. Most people skilled in Financial Analysis are similarly competent in Commercial Loans.

Pay by Experience Level for Assistant Vice President (AVP), Commercial Lending

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Those in the early stages of their career can expect to make around $71K; however, individuals with five to 10 years of experience bring in $79K on average — a distinctly larger sum. Assistant VPs of Commercial Lending with one to two decades of relevant experience report an average salary of approximately $77K. Assistant VPs of Commercial Lending who surpass 20 years on the job report pay that isn't higher than those with 10 to 20 years.

Pay Difference by Location


San Jose is home to an above-average pay rate for Assistant VPs of Commercial Lending, 23 percent higher than the national average. Assistant VPs of Commercial Lending will also find cushy salaries in New York (+18 percent) and Chicago (+11 percent).

Assistant Vice President (AVP), Commercial Lending Reviews

What is it like working as an Assistant Vice President (AVP), Commercial Lending?

Assistant Vice President (AVP), Commercial Lending in New York:
Pros: The people I work with and the subject matter of my job.
Cons: Not enough stimulating work, too much administrative type work, lack of contact with anyone on my team in person.

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Experience Affects Assistant Vice President (AVP), Commercial Lending Salaries



Late-Career
up arrow 1%

National Average
$76,000


Skills That Affect Assistant Vice President (AVP), Commercial Lending Salaries

Sales
up arrow 13%

Customer Relationship Management (CRM)
up arrow 8%

Financial Analysis
up arrow 3%

Commercial Loans
up arrow 2%

Loan Underwriting
up arrow 1%

National Average
$76,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 61 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

Less than 1 year
0%
1-4 years
27%
5-9 years
41%
10-19 years
23%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 88%
vision benefits Vision: 68% employee benefits None: 5%
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