Pay for Assistant VPs of Commercial Lending in the United States sits in the ballpark of $73K annually. Total cash compensation for Assistant VPs of Commercial Lending runs from $49K to $104K depending on bonuses that can occasionally exceed $18K and profit sharing that can reach almost $7K. Geography is the biggest factor affecting pay for this group, followed by career length. Most Assistant VPs of Commercial Lending like their work and job satisfaction is high. Men make up the majority of Assistant VPs of Commercial Lending (64 percent) survey respondents. Medical and dental coverage is claimed by nearly all, and a strong majority earn vision coverage. The numbers in this rundown were provided by PayScale's salary survey participants.

$48,971 - $93,269
(Median)
$49K
$73K
$93K
MEDIAN: $72,792
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
$48,971 - $93,269  
   
Bonus
$1,964 - $17,879  
Profit Sharing
$1,788 - $7,397  
Commission
$14,740  
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).
)
$48,961 - $104,148  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 132
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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 $138K per year. An Assistant Vice President of Commercial Lending often moves 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 only report a few specific skills. Most notably, skills in Sales, Customer Relationship Management, Financial Analysis, and Loan Underwriting are correlated to pay that is above average. It is often found that people who know Commercial Loans are also skilled in Loan Underwriting.

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 $69K; however, individuals with five to 10 years of experience bring in $79K on average — a distinctly larger sum. Assistant VPs of Commercial Lending see a median salary of $81K after reaching one to two decades on the job. Respondents who boast more than 20 years of experience can't seem to boast paychecks reflecting that extensive experience, though; veteran Assistant VPs of Commercial Lending report making only $80K on average.

Pay Difference by Location

National Average: $77,889

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

Assistant VPs of Commercial Lending will find that Chicago offers an impressive pay rate, one which exceeds the national average by 23 percent. Assistant VPs of Commercial Lending can also look forward to large paychecks in cities like San Jose (+20 percent), Dallas (+19 percent), New York (+14 percent), and Los Angeles (+5 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 3%


National Average
$78,000


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

Sales
up arrow 10%

Customer Relationship Management (CRM)
up arrow 6%

Financial Analysis
up arrow 2%

Commercial Loans
0%

Loan Underwriting
0%

National Average
$78,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.

Gender

Female
36 %
Male
64 %

Years of Experience

1-4 years
33%
5-9 years
41%
10-19 years
20%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 92%
medical benefits
Vision: 72%
dental benefits
None: 6%
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