Senior Vice Presidents of Commercial Lending in the United States can expect to earn an average of $130K annually. In the world of Senior Vice Presidents of Commercial Lending, overall cash allowance can occasionally include more than $51K from bonuses and, in some exceptional cases, $24K from profit sharing, causing incomes to vary widely between $99K and $207K. Geographic location is the biggest factor affecting pay for this group, followed by career duration. Male Senior Vice Presidents of Commercial Lending are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. The majority of Senior Vice Presidents of Commercial Lending claim high levels of job satisfaction. Nearly all report receiving medical coverage from their employers and a strong majority collect dental insurance. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$94,587 - $172,533
(Median)
$95K
$130K
$170K
MEDIAN: $129,685
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
$94,587 - $172,533  
   
Bonus
$4,840 - $50,570  
Profit Sharing
$0.00 - $24,468  
Commission
$6,500  
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).
)
$98,571 - $206,776  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 203
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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

  • 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.
  • Contribute to the creation and enforcement of credit policies and procedures.
  • 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.

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


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Senior Vice Presidents of Commercial Lending' salaries tend to stay somewhat constant even when they advance into higher-level positions like President. On average, Presidents get paid about the same as Senior Vice Presidents of Commercial Lending do. Many Senior Vice Presidents of Commercial Lending choose to become Commercial Lenders and Commercial Loan Officers as their careers advance. However, folks in those positions report median salaries of $66K less and $77K less, respectively.

Senior Vice President (SVP), Commercial Lending Job Listings

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


Survey results suggest that Senior Vice Presidents of Commercial Lending put a wide range of professional skills to use. Most notably, skills in Sales, Financial Analysis, Business Development, and Customer Relationship Management (CRM) are correlated to pay that is above average. Skills that pay less than market rate include Commercial Loans and Loan Underwriting. Most people who know Financial Analysis also know Business Development and Customer Relationship Management (CRM).

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


National Average
$143,000



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

Sales
up arrow 9%

Financial Analysis
up arrow 4%

Business Development
up arrow 2%

Customer Relationship Management (CRM)
up arrow 1%

National Average
$143,000

Loan Underwriting
up arrow 4%

Commercial Loans
up arrow 14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 38 votes.

Gender

Female
22 %
Male
78 %

Years of Experience

5-9 years
4%
10-19 years
33%
20 years or more
64%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 80%
medical benefits
Vision: 74%
dental benefits
None: 4%
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