Chief Lending Officers in the United States take home an average $126K annually. Nearly all report receiving medical coverage from their employers and a strong majority collect dental insurance. Chief Lending Officers who took the survey are largely men, dominating at 84 percent. Work is enjoyable for Chief Lending Officers, who typically claim high levels of job satisfaction. The information for this snapshot was generated by responses to the PayScale salary survey.
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$61,882 - $172,717
$62K
$130K
$170K
MEDIAN: $126,300
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$70K$140K$210K
Salary
$61,882 - $172,717  
   
Bonus
$3,523 - $39,732  
Profit Sharing
$1,200  
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).
)
$64,093 - $202,156  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 66

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Chief Lending Officer

The role of a chief lending officer is to determine and dictate the lending practices of the financial institution for which they work. They will dictate and coordinate all of the company's lending activities, ensure that they are in compliance with all state and federal regulations, and draft and develop strategies and new ways to streamline the company's lending operations. They will also study all loan portfolios, such as mortgages, business loans, personal loans, and more, and determine ways to expand into new markets while still strengthening the current customer base.

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Chief Lending Officer Tasks

  • Supervise the work and loan portfolios of staff members.
  • Manage a bank's loan portfolio, ensure long term profit growth, and minimize risk.
  • Develop and enforce a bank's procedures for granting loans such as mortgages and credit cards to customers.
  • Ensure loan policies comply with bank and government regulations.

Chief Lending Officer Job Listings

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Related Job Salaries

Key Stats for Chief Lending Officer

Gender

Female
16 %
Male
84 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.
1-4 years
2%
5-9 years
12%
10-19 years
32%
20 years or more
55%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Chief Lending Officer Salaries

Late-Career
up arrow 4%

Experienced
0%

National Average
$138,000

Mid-Career
up arrow 34%

Skills That Affect Chief Lending Officer Salaries

Commercial Loans
up arrow 18%

National Average
$138,000

Loan Underwriting
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.

Gender

Female
16 %
Male
84 %

Years of Experience

1-4 years
2%
5-9 years
12%
10-19 years
32%
20 years or more
55%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 79%
vision benefits
Vision: 75%
dental benefits
None: 6%
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