$73,722
Avg. Salary
$18.86
Avg. Hourly Rate

Average additional compensation:

$7,661

Bonus

$3,052

Profit Sharing

$10,000

Commission

What am I worth?
How should I pay?

The average pay for an Assistant Vice President (AVP), Commercial Lending is $18.86 per hour.

The average pay for an Assistant Vice President (AVP), Commercial Lending is $73,722 per year.

10%
$18.33
10%
$18.86
50%
$19.53
90%
90%
MEDIAN $18.86
10%
$52k
10%
$74k
50%
$94k
90%
90%
MEDIAN $73,722
$51,633 - $93,528
$52K
$74K
$94K
MEDIAN: $73,722
10%
50%
90%

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$18.33 - $19.53
$19
MEDIAN: $18.86
50%

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$0$104K
Salary $51,633 - $93,528
Bonus $1,956 - $16,426
Profit Sharing $304 - $8,877
Commission $10,000
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).
)
$51,122 - $104,807
  • Country: United States
  • Currency: USD
  • Updated: 12 Apr 2019
  • Individuals Reporting: 216
Hourly Data $0$46
Hourly Rate $18.86
Overtime $46.91
Annual Data $0$104K
Bonus $1,956 - $16,426
Commission $10,000
Profit Sharing $304 - $8,877
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).
)
$51,122 - $104,807
  • Country: United States
  • Currency: USD
  • Updated: 12 Apr 2019
  • Individuals Reporting: 6

Job Description for Assistant Vice President (AVP), Commercial Lending

Assistant vice presidents of commercial lending are responsible for managing numerous complex commercial loan portfolios, overseeing details such as credit quality, credit administration, and portfolio performance. They are in charge of the approval or denial of loans, as well as reviewing the loan recommendations of others. Assistant vice presidents of commercial lending must develop and markets new business and be involved with community relations activities. Additionally, these executives are responsible for training new employees, interviewing loan applicants to determine client needs, and making recommendations of services to meet customers' needs. They also manage assigned loan portfolios to ensure credit quality and develop new business through marketing calls, community involvement, and industry functions, as well as providing excellent customer service to clients.

Read More...
Assistant Vice President (AVP), Commercial Lending Tasks
  • Build and strengthen customer relations and broaden customer base.
  • Provide customer service for current customers, answering questions.
  • Contribute to loan policy revisions and changes.
  • Report on loan portfolio, identifying problems and opportunities.
  • Analyze customer and prospective customer financials to make recommendations.

Common Career Paths for Assistant Vice President (AVP), Commercial Lending


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Assistant VPs of Commercial Lending who go on to become VPs of Finance may see their salaries climb quite a bit. Median pay for VPs of Finance is $139K annually. Career advancement for the typical Assistant Vice President of Commercial Lending often leads to becoming a VP of Commercial Lending or a Commercial Lender; median salaries in these positions are $20K higher and $3K higher, respectively.

Assistant Vice President (AVP), Commercial Lending Job Listings

Popular Skills for Assistant Vice President (AVP), Commercial Lending


Typical Assistant VPs of Commercial Lending report a focused set of job skills. Most notably, skills in Sales, Customer Relationship Management, Financial Analysis, and Commercial Loans are correlated to pay that is above average, with boosts between 4 percent and 15 percent. Most people who know Commercial Loans also know Loan Underwriting.

Pay by Experience Level for Assistant Vice President (AVP), Commercial Lending

Pay by Experience for an Assistant Vice President (AVP), Commercial Lending has a positive trend. An entry-level Assistant Vice President (AVP), Commercial Lending with less than 5 years of experience can expect to earn an average total compensation of $69,000 based on 50 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Assistant Vice President (AVP), Commercial Lending with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $78,000 based on 49 salaries. An experienced Assistant Vice President (AVP), Commercial Lending which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $81,000 based on 25 salaries. An Assistant Vice President (AVP), Commercial Lending with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $78,000 based on 8 salaries.

Pay Difference by Location

28%

National Average: $78,584

Larger city markers indicate a job is popular in that location.

Home to some of the best pay for Assistant VPs of Commercial Lending, New York offers exceptional salaries, 35 percent above the national average. Assistant VPs of Commercial Lending can also look forward to large paychecks in cities like Chicago (+28 percent), San Jose (+25 percent), Dallas (+24 percent), and Los Angeles (+9 percent).

Assistant Vice President (AVP), Commercial Lending Reviews

Q: What is it like working as an Assistant Vice President (AVP), Commercial Lending?

Assistant Vice President (AVP), Commercial Lending in Duluth:
"Sell sell sell."
Pros: Working with the community
Cons: Meeting new people

Assistant Vice President (AVP), Commercial Lending in New York:
Pros: The people I work with and the subject matter of my job.
Cons: Not enough stimulating work, too much administrative type work, lack of contact with anyone on my team in person.

Related Job Salaries

Key Stats for Assistant Vice President (AVP), Commercial Lending

Gender

Female
38 %
Male
62 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 41 votes.
1-4 years
28%
5-9 years
33%
10-19 years
29%
20 years or more
9%

Experience Affects Assistant Vice President (AVP), Commercial Lending Salaries

▲3%

▼0%

National Average
$79,000

Late-Career
▼1%

▼12%

Skills That Affect Assistant Vice President (AVP), Commercial Lending Salaries

Sales
▲9%

Customer Relationship Management (CRM)
▲5%

National Average
$79,000


Commercial Loans
▼3%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 41 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

1-4 years
28%
5-9 years
33%
10-19 years
29%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 78%
vision benefits
Vision: 68%
no benefits
None: 10%