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Assistant Vice President (AVP), Commercial Lending Salary

Earnings for Assistant VPs of Commercial Lending in the United States come in at around $71K per year on average. Total incomes of Assistant VPs of Commercial Lending incorporate potential for, in a few cases, more than $21K from bonuses and close to $9K from profit sharing; these performance components cause packages to range between $47K and $109K. Geography and tenure each impact pay for this group, with the former having the largest influence. There are more male Assistant VPs of Commercial Lending than female among those who completed the questionnaire, making up 65 percent. The majority of workers are highly satisfied with their job. Almost all receive medical and dental insurance and a majority get vision insurance. The data for this synopsis comes from respondents who took the PayScale salary survey.

$44,477 - $93,978
(Median)
$44K
$71K
$94K
MEDIAN: $70,529
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$44,477 - $93,978  
   
Bonus
$309.13 - $20,537  
Profit Sharing
$925 - $8,500  
Commission
$2,023 - $15,170  
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).
)
$47,314 - $108,539  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 294

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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.

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


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Assistant VPs of Commercial Lending' salaries may rise greatly for those who assume a higher-end position such as a VP of Finance. The average VP of Finance brings home $136K per year. It is not uncommon for an Assistant Vice President of Commercial Lending to continue on to become a VP of Commercial Lending or a Commercial Lender.

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 pretty varied skill set 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 4 percent and 13 percent. Those proficient in Financial Analysis are, more often than not, also skilled 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.


The average worker who claims fewer than five years of experience earns around $72K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $80K. Assistant VPs of Commercial Lending see a median salary of $73K after reaching one to two decades on the job. Seasoned veterans with 20 years under their belts enjoy a median income of $76K.

Pay Difference by Location


San Jose is home to an above-average pay rate for Assistant VPs of Commercial Lending, 24 percent higher than the national average. Assistant VPs of Commercial Lending will also find cushy salaries in New York (+20 percent) and Chicago (+10 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.

Related Job Salaries

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


Late-Career
0%

National Average
$76,000



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

Sales
up arrow 13%

Customer Relationship Management (CRM)
up arrow 9%

Financial Analysis
up arrow 4%

Commercial Loans
up arrow 3%

Loan Underwriting
up arrow 2%

National Average
$76,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 80 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
0%
1-4 years
25%
5-9 years
43%
10-19 years
22%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 86%
vision benefits Vision: 68% employee benefits None: 6%