Senior Vice President (SVP), Commercial Lending Salary

Pay for Senior Vice Presidents of Commercial Lending in the United States sits in the ballpark of $132K annually. In the world of Senior Vice Presidents of Commercial Lending, overall income ranges from $99K near the bottom to $205K at the top; this can include more than $52K from bonuses and more than $25K from profit sharing in exceptional cases. Residence is the biggest factor affecting pay for this group, followed by years of experience. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. Work is enjoyable for Senior Vice Presidents of Commercial Lending, who typically claim high levels of job satisfaction. Most Senior Vice Presidents of Commercial Lending survey respondents are men (75 percent). The data in this summary comes from the PayScale salary survey.
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$95,174 - $170,493
$95K
$130K
$170K
MEDIAN: $131,551
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
$95,174 - $170,493  
   
Bonus
$5,034 - $51,778  
Profit Sharing
$493.16 - $24,747  
Commission
$10,000  
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).
)
$99,173 - $205,220  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 177

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United States (change)

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Job Description for Senior Vice President (SVP), Commercial Lending

Commercial lending senior vice presidents (SVPs) are generally responsible for developing and implementing credit risk policies and procedures for their organizations and providing reviews, identifications, and analyses of credit risks. They are also responsible for ensuring that credit limits do not exceed certain amounts on any one account.

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Senior Vice President (SVP), Commercial Lending Tasks

  • Oversee a team of loan officers structuring, writing, and closing commercial loans.
  • Act as a representative of the bank in the business and local community.
  • Contribute to the creation and enforcement of credit policies and procedures.
  • Establish and maintain relationships with customers, develop referral networks, and identify opportunities for loan sales.
  • Develop and execute loan portfolio strategies, monitor the performance of loans, and work to mitigate risks.

Common Career Paths for Senior Vice President (SVP), Commercial Lending


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As Senior Vice Presidents of Commercial Lending make advancements in their career path, their salaries may not change right away. For example, the higher-level President position pays around the same amount as the Senior Vice President of Commercial Lending job on average. Many Senior Vice Presidents of Commercial Lending advance into roles as Commercial Lenders or Commercial Loan Officers, but the median salaries are $68K lower and $80K lower, respectively.

Senior Vice President (SVP), Commercial Lending Job Listings

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Popular Skills for Senior Vice President (SVP), Commercial Lending


Survey results show that Senior Vice Presidents of Commercial Lending use a fair number of skills. Most notably, skills in Sales, Financial Analysis, Business Development, and Customer Relationship Management (CRM) are correlated to pay that is above average. At the other end of the pay range are skills like Commercial Loans and Loan Underwriting. Most people skilled in Financial Analysis are similarly competent in Business Development and Customer Relationship Management (CRM).

Pay Difference by Location

National Average: $145,963

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

Geographically speaking, the highest compensation can be found in Los Angeles, New York, and Chicago — the three largest cities in the United States. The lowest-paying market is Houston, which sits 14 percent below the national average. Not at the bottom but still paying below the median are employers in Kansas City and St. Louis (11 percent lower and 9 percent lower, respectively).

Related Job Salaries

Key Stats for Senior Vice President (SVP), Commercial Lending

Gender

Female
25 %
Male
75 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 32 votes.
5-9 years
3%
10-19 years
29%
20 years or more
68%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Vice President (SVP), Commercial Lending Salaries

▲2%

National Average
$146,000

▼6%

▼9%

Skills That Affect Senior Vice President (SVP), Commercial Lending Salaries

▲5%


National Average
$146,000

Business Development
▼1%

Customer Relationship Management (CRM)
▼1%


Commercial Loans
▼15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 32 votes.

Gender

Female
25 %
Male
75 %

Years of Experience

5-9 years
3%
10-19 years
29%
20 years or more
68%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 82%
vision benefits
Vision: 75%
no benefits
None: 2%
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