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Vice President (VP), Commercial Lending Salary (United States)

VPs of Commercial Lending in the United States ordinarily take home approximately $89K per year. In the world of VPs of Commercial Lending, total cash compensation ranges from $68K on the lower end to $129K on the higher end; this includes bonuses that reach $21K and profit sharing that approaches $8K in rare cases, with some high rollers snagging commissions as high as $27K. Geographic location and tenure each impact pay for this group, with the former having the largest influence. The vast majority enjoy medical while a fair portion get dental coverage. Vision coverage is also available to a little over a half. Male VPs of Commercial Lending far outnumber their female contemporaries in the field. Most VPs of Commercial Lending report high levels of job satisfaction. The figures in this rundown are based on the results of PayScale's salary questionnaire.
Vice President (VP), Commercial Lending Salary (?
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.
$63,618 - $116,080
MEDIAN: $88,526
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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.
$63,618 - $116,080  
$0.00 - $20,595  
Profit Sharing
$1,156 - $8,124  
$0.00 - $26,500  
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).
$68,186 - $129,265  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 365
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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.

Common Career Paths for Vice President (VP), Commercial Lending

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Compensation may increase greatly for VPs of Commercial Lending who advance to upper-end positions like Senior Vice President of Commercial Lending. Median pay for Senior Vice Presidents of Commercial Lending is $130K per year. VPs of Commercial Lending most often move into Commercial Loan Officer or Commercial Lender roles. However, the former pays $29K less on average, and the latter pays $19K less.

Vice President (VP), Commercial Lending Job Listings

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Popular Skills for Vice President (VP), Commercial Lending

Survey results show that VPs of Commercial Lending use a fair number of skills. Most notably, skills in Sales, Loan Underwriting, Commercial Loans, and Business Development are correlated to pay that is above average. It is often found that people who know Financial Analysis are also skilled in 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.
For many VPs of Commercial Lending, extensive experience does not lead to significantly more money. Respondents with less than five years' experience take home $75K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $90K. Those with 10 to 20 years of experience under their belts can expect their paychecks to flourish around the six-figure median of $100K. More than 20 years of experience mean a somewhat bigger median paycheck of $108K, but it's not much more than what less experienced people make.

Pay Difference By Location

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New York
up arrow 17%
National Average
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Larger circles over a city indicate a job is popular in that location.
Home to some of the best pay for VPs of Commercial Lending, Boston offers exceptional salaries, 40 percent above the national average. VPs of Commercial Lending will also find cushy salaries in New York (+17 percent). In Minneapolis, salaries are 5 percent below the national average and represent the lowest-paying market.

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Experience Affects Vice President (VP), Commercial Lending Salaries

National Average
up arrow 21%

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

Loan Underwriting
up arrow 2%
Commercial Loans
up arrow 2%
up arrow 2%
Financial Analysis
up arrow 1%
Business Development
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National Average

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 127 votes.


female alumni
male alumni

Years of Experience

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

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 78%
vision benefits Vision: 54% employee benefits None: 5%