Vice President (VP), Commercial Lending Salary

Median pay for VPs of Commercial Lending in the United States is around $90K annually. With some bonuses approaching $21K and certain profit sharing proceeds approaching $9K, overall incomes of VPs of Commercial Lending spread between $71K and $131K depending on individual performance. Residence is the biggest factor affecting pay for this group, followed by career duration. Most VPs of Commercial Lending report high levels of job satisfaction. Nearly all enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. The vast majority (81 percent) of VPs of Commercial Lending who answered the questionnaire are male. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
Read More
$66,083 - $118,969
MEDIAN: $90,363

Add this chart to your site: 640px    300px

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.
$66,083 - $118,969  
$0.00 - $20,870  
Profit Sharing
$1,033 - $9,091  
$0.00 - $11,920  
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).
$70,668 - $130,644  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 376
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)

Comp Managers: Start Here »

Job Description for Vice President (VP), Commercial Lending

Vice president (VP) of commercial lending positions are available at banks and similar institutions. They work within the institution's market to find key loan-providing opportunities that fit the goals and requirements of the bank. Daily tasks include analyzing a wide variety of financial statements, structuring loan terms and fees, approving or recommending loans, counseling potential borrowers financially, and conducting presentations with senior management staff. All of these tasks help establish a high standard of credit quality and strong commercial portfolio on behalf of the bank, which may also require working with collection staff for delinquent accounts.


Vice President (VP), Commercial Lending Tasks

  • Negotiate, underwrite, and structure high level loans, and submit proposals for approval.
  • Develop customer and referral networks, identifying and pursuing opportunities for loan sales.
  • Monitor the status of problem loans and work with customers to make sure the loan is repaid.
  • Manage a team of loan officers structuring and writing loans, reviewing their work and maintaining quality standards.
  • Provide customers with financial counseling, and recommend bank products which fit their needs.

Vice President (VP), Commercial Lending Job Listings

Search for more jobs:

Popular Skills for Vice President (VP), Commercial Lending

Survey results imply that VPs of Commercial Lending put a diverse skill set to use. Most notably, skills in Commercial Loans, Business Development, Sales, and Loan Underwriting are correlated to pay that is above average. People who know Loan Underwriting usually also know Commercial Loans. For most people, competency in Financial Analysis indicates knowledge of Business Development and Commercial Loans.

Pay by Experience Level for Vice President (VP), Commercial Lending

Median of all compensation (including tips, bonus, and overtime) by years of experience.

More years of relevant experience do not necessarily translate to higher paychecks. The average beginner in this position makes around $77K, but folks who have been around for five to 10 years see a markedly higher median salary of $95K. Between one and two decades on the job, average salaries pass the six-figure mark at around $102K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $108K on average.

Pay Difference by Location

Surpassing the national average by 36 percent, VPs of Commercial Lending in Boston receive some of the highest pay in the country. VPs of Commercial Lending can also look forward to large paychecks in cities like Chicago (+31 percent), Akron (+16 percent), Houston (+15 percent), and New York (+15 percent). VPs of Commercial Lending' salaries are heavily influenced by location — VPs of Commercial Lending in Tulsa bring in salaries that are 21 percent lower than the national average.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)

Comp Managers: Start Here »

Experience Affects Vice President (VP), Commercial Lending Salaries

National Average

Skills That Affect Vice President (VP), Commercial Lending Salaries

Commercial Loans
up arrow 3%

Business Development
up arrow 2%

Financial Analysis
up arrow 1%

Loan Underwriting
up arrow 1%

up arrow 1%

National Average

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 100 votes.


19 %
81 %

Years of Experience

1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 78%
vision benefits Vision: 56% employee benefits None: 6%