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 cash earnings of Assistant VPs of Commercial Lending range from $47K on the low end to $107K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $20K and $10K, respectively. Geography and career length each impact pay for this group, with the former having the largest influence. Almost all receive medical and dental insurance and more than half get vision plans. Men account for the majority of Assistant VPs of Commercial Lending who responded to the questionnaire — 61 percent to be exact. Job satisfaction is high and work is enjoyable for most Assistant VPs of Commercial Lending. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$44,422 - $92,807
(Median)
$44K
$71K
$93K
MEDIAN: $70,607
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
$44,422 - $92,807  
   
Bonus
$295.90 - $20,124  
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).
)
$47,024 - $106,653  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 285
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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.

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


Assistant VPs of Commercial Lending generally report applying a varied skill set to their work. 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 educated in Financial Analysis tend to be well versed 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.


Relatively untried employees who have less than five years' experience make $71K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $80K. The average pay reported by folks with 10 to 20 years of experience is around $75K. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $77K on average.

Pay Difference by Location


Assistant VPs of Commercial Lending will find that San Jose offers an impressive pay rate, one which exceeds the national average by 23 percent. Assistant VPs of Commercial Lending will also find cushy salaries in New York (+19 percent) and Chicago (+12 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 9%

Financial Analysis
up arrow 4%

Commercial Loans
up arrow 3%

Loan Underwriting
up arrow 2%

National Average
$76,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 65 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: 91% dental benefits Dental: 87%
vision benefits Vision: 69% employee benefits None: 6%
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