Assistant Vice President (AVP), Commercial Lending Salary

The average Assistant Vice President of Commercial Lending in the United States can expect to rake in roughly $72K annually. Including potential for bonuses and profit sharing — peaking near $17K and $12K, respectively — total cash payment to Assistant VPs of Commercial Lending can bottom out near $50K or peak near $102K depending on individual performance. Geographic location is the biggest factor affecting pay for this group, followed by years of experience. Most people who answered the questionnaire are men; 60 percent of Assistant VPs of Commercial Lending are male. The majority of workers are highly satisfied with their job. Nearly all get medical and dental insurance, and a strong majority get vision plans, too. This overview is based on answers to PayScale's salary questionnaire.

$50,563 - $90,162
$51K
$72K
$90K
MEDIAN: $71,781
10%
50%
90%

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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
$50,563 - $90,162  
   
Bonus
$1,932 - $16,749  
Profit Sharing
$1,949 - $12,373  
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).
)
$49,580 - $102,360  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 104

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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

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

Common Career Paths for Assistant Vice President (AVP), Commercial Lending


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Assistant VPs of Commercial Lending may experience a large salary bump if they progress into a role such as VP of Finance. The latter position pays an average of $139K annually. A common career progression for an Assistant Vice President of Commercial Lending is to become a VP of Commercial Lending or a Commercial Lender. Compared to Assistant VPs of Commercial Lending, the first group earns $19K more on average, and the second group earns $1K more.

Assistant Vice President (AVP), Commercial Lending Job Listings

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


Survey results suggest that Assistant VPs of Commercial Lending put a wide range of professional skills to use. Most notably, skills in Sales, Customer Relationship Management, Financial Analysis, and Commercial Loans are correlated to pay that is above average. Most people familiar with Commercial Loans also know Loan Underwriting.

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

Pay by Experience for an Assistant Vice President (AVP), Commercial Lending has a positive trend. An entry-level Assistant Vice President (AVP), Commercial Lending with less than 5 years of experience can expect to earn an average total compensation of $69,000 based on 50 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Assistant Vice President (AVP), Commercial Lending with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $78,000 based on 49 salaries. An experienced Assistant Vice President (AVP), Commercial Lending which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $81,000 based on 25 salaries. An Assistant Vice President (AVP), Commercial Lending with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $78,000 based on 8 salaries.

Pay Difference by Location

National Average: $76,481

Larger city markers indicate a job is popular in that location.

For Assistant VPs of Commercial Lending, working in the bustling city of New York has its advantages, including an above-average pay rate. Assistant VPs of Commercial Lending can also look forward to large paychecks in cities like Chicago (+26 percent), San Jose (+22 percent), Dallas (+22 percent), and Los Angeles (+7 percent).

Assistant Vice President (AVP), Commercial Lending Reviews

Q: 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.

Related Job Salaries

Key Stats for Assistant Vice President (AVP), Commercial Lending

Gender

Female
40 %
Male
60 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.
1-4 years
34%
5-9 years
36%
10-19 years
22%
20 years or more
7%
Location:
Years in Fields/Career:
United States (change)

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

▲6%

▲3%

Late-Career
▲1%

National Average
$76,000

▼10%

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

Sales
▲12%

Customer Relationship Management (CRM)
▲8%


Commercial Loans
▼0%

National Average
$76,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

1-4 years
34%
5-9 years
36%
10-19 years
22%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 87%
vision benefits
Vision: 72%
no benefits
None: 9%