Vice President (VP), Consumer Lending Salary

A Vice President (VP), Consumer Lending earns an average salary of $80,708 per year. A skill in Loan Underwriting is associated with high pay for this job. Most people in this job have more than five years' experience in related jobs.

$52,355 - $129,357
MEDIAN: $80,708

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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.
$52,355 - $129,357  
$1,100 - $20,193  
Profit Sharing
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).
$54,046 - $143,514  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 138
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Job Description for Vice President (VP), Consumer Lending

  • Create, review, and update policies on asset management and Consumer Lending best-practices.
  • Foster and maintain partnerships with business partners and stakeholders.
  • Establish strategic vision and annual budget within Consumer Lending vertical.
  • Manage and oversee Consumer Lending audits as required by governing bodies.

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Vice President (VP), Consumer Lending Reviews

What is it like working as a Vice President (VP), Consumer Lending?

Vice President (VP), Consumer Lending in Aberdeen:
"Small Credit Union, Many Hats."
Pros: Due to the size of our credit union, each executive level staff member has many hats to wear. I am in charge of consumer and indirect lending but also contribute to business and mortgage lending as well as participate in whatever else needs time and attention. It is a position that requires a well rounded base of knowledge and I enjoy it.
Cons: Absolutely the level of stress and expectations do not match the level of pay. We are small and so is our budget - so it is sometimes difficult to get approval to allocate the resources for the best tools. I am also the only "new" executive team member - all others have 15-20+ years at the same CU.

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Experience Affects Vice President (VP), Consumer Lending Salaries

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National Average

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

Loan Underwriting
up arrow 16%

National Average

Consumer Loans
up arrow 25%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 21 votes.


39 %
61 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 80%
medical benefits
Vision: 69%
dental benefits
None: 8%