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Vice President (VP), Commercial Lending Salary

Earnings for VPs of Commercial Lending in the United States come in at around $90K annually on average. Including potential for bonuses and profit sharing — peaking near $21K and $8K, respectively — total cash payment to VPs of Commercial Lending can bottom out near $69K or peak near $131K depending on individual performance. Residence is the biggest factor affecting pay for this group, followed by years of experience. Among survey respondents, men are more common than women; 84 percent of VPs of Commercial Lending are male. Most workers in this position report high levels of job satisfaction. Nearly all report receiving medical coverage from their employers and a strong majority collect dental insurance. The information for this snapshot was generated by responses to the PayScale salary survey.
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$64,663 - $118,193
MEDIAN: $89,932

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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.
$64,663 - $118,193  
$0.00 - $20,937  
Profit Sharing
$1,163 - $8,292  
$0.00 - $15,319  
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).
$69,317 - $131,018  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 363
United States (change)

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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At the upper end, VPs of Commercial Lending who move into a Senior Vice President of Commercial Lending role can end up with a hefty increase in pay. The average income for Senior Vice Presidents of Commercial Lending is $130K per year. Many VPs of Commercial Lending go on to become Commercial Loan Officers or Commercial Lenders despite the fact that median compensation in those roles is reportedly $32K lower and $21K lower, respectively.

Vice President (VP), Commercial Lending Job Listings

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Popular Skills for Vice President (VP), Commercial Lending

VPs of Commercial Lending only report a few specific skills. Most notably, skills in Commercial Loans, Business Development, Financial Analysis, and Sales are correlated to pay that is above average. Most people experienced in Financial Analysis also know 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.

Experience and pay tend to be weakly linked for VPs of Commercial Lending — those with more experience do not necessarily bring in higher earnings. The average beginner in this position makes around $76K, but folks who have been around for five to 10 years see a markedly higher median salary of $92K. Between 10 and 20 years, pay surpasses six figures; at this stage, the average professional scores around $102K. People who have worked for more than 20 years report a median income of $107K, which is barely higher than the median for folks with 10 to 20 years of experience.

Related Job Salaries

Experience Affects Vice President (VP), Commercial Lending Salaries

National Average

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

Commercial Loans
up arrow 3%

Financial Analysis
up arrow 2%

Business Development
up arrow 2%

Loan Underwriting
up arrow 1%

up arrow 1%

National Average

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 114 votes.


16 %
84 %

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: 54% employee benefits None: 5%