A Vice President (VP), Consumer Lending earns an average salary of $85,826 per year. Most people in this job have more than five years' experience in related jobs.

$51,219 - $142,950
(Median)
$51K
$86K
$140K
MEDIAN: $85,825
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$60K$120K$180K
Salary
$51,219 - $142,950  
   
Bonus
$1,208 - $20,685  
Profit Sharing
$3,500  
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).
)
$52,747 - $155,978  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 79
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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.

Vice President (VP), Consumer Lending Job Listings

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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


Experienced
up arrow 3%

National Average
$90,000

Mid-Career
up arrow 18%

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

Loan Underwriting
up arrow 9%

Regulatory Compliance
up arrow 9%

Operations Management
up arrow 6%

National Average
$90,000

Mortgage Loans
up arrow 20%

Consumer Loans
up arrow 30%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 10 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

1-4 years
3%
5-9 years
13%
10-19 years
24%
20 years or more
61%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 77%
medical benefits
Vision: 68%
dental benefits
None: 7%
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