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

Annual pay for VP of Commerical Lendings in the United States typically comes in around $94,841 per year. The range in cash compensation to VP of Commerical Lendings (largely between $68,186 and $129,265) includes potential earnings of $21K from bonuses, $8,124 from profit sharing, and commissions of $27K in exceptional cases. Residency and tenure each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to almost all workers, and most earn dental coverage. The vast majority (84 percent) of VP of Commerical Lendings are male. Most VP of Commerical Lendings like their work and job satisfaction is high. Participants in PayScale's salary questionnaire provided the particulars of this report.
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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VP of Commerical Lendings may experience a big boost in pay as they move up the career ladder. An upper-level role like Senior Vice President of Commercial Lending may bring in a lot more money — an additional $35K annually. More commonly, VP of Commerical Lendings take pay cuts as they move into roles as Commercial Loan Officers or Commercial Lenders, making $29K or $18,826 less per year, respectively.

Vice President , Commercial Lending Job Listings

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Popular Skills for Vice President (VP), Commercial Lending

Survey results suggest that VP of Commerical Lendings put a wide range of professional skills to use. The majority of those who know 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.
In most cases, VP of Commerical Lendings can expect only incremental pay growth as they advance in their careers. At career start, salaries are typically $77K, which grows to $90K after five to 10 years. Experienced workers—those with 10 to 20 years in the field—see salaries climb into six-figure territory, bringing in about $100K. A 20-year tenure heralds decreased salary growth, and VP of Commerical Lendings who have made it this far report earning around $108K per year.

Pay Difference By Location

up arrow 40%
New York
up arrow 17%
National Average
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Larger circles over a city indicate a job is popular in that location.
With a pay rate for VP of Commerical Lendings that is 40 percent greater than the national average, Boston offers a comfortable salary for those in this profession. VP of Commerical Lendings will also find cushy salaries in New York (+17 percent). The smallest paychecks in the market, 5 percent south of the national average, can be found in Minneapolis.

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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
up arrow 1%
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%