$132,039
Avg. Salary
$26.66
Avg. Hourly Rate

Average additional compensation:

$15,680

Bonus

$8,000

Profit Sharing

$9,000

Commission

What am I worth?
How should I pay?

The average pay for a Chief Lending Officer is $26.66 per hour.

The average pay for a Chief Lending Officer is $132,039 per year.

10%
$0.00
10%
$26.66
50%
$0.00
90%
90%
MEDIAN $26.66
10%
$75k
10%
$132k
50%
$187k
90%
90%
MEDIAN $132,039
$74,743 - $186,661
$75K
$130K
$190K
MEDIAN: $132,039
10%
50%
90%

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$0$209K
Salary $74,743 - $186,661
Bonus $4,992 - $35,622
Profit Sharing $0.00 - $17,232
Commission $9,000
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).
)
$71,492 - $209,958
  • Country: United States
  • Currency: USD
  • Updated: 15 Mar 2019
  • Individuals Reporting: 137

Job Description

The role of a chief lending officer is to determine and dictate the lending practices of the financial institution for which they work. They will dictate and coordinate all of the company's lending activities, ensure that they are in compliance with all state and federal regulations, and draft and develop strategies and new ways to streamline the company's lending operations. They will also study all loan portfolios, such as mortgages, business loans, personal loans, and more, and determine ways to expand into new markets while still strengthening the current customer base.

Read More...
Chief Lending Officer Tasks
  • Supervise the work and loan portfolios of staff members.
  • Manage a bank's loan portfolio, ensure long term profit growth, and minimize risk.
  • Develop and enforce a bank's procedures for granting loans such as mortgages and credit cards to customers.
  • Ensure loan policies comply with bank and government regulations.

Job Listings

Job Reviews

Q: What is it like working as a Chief Lending Officer?

Chief Lending Officer in Wichita:
"Market Conditions, Productive Personnel, Prudent Lending."
Pros: People, Sales, Achieving company goals.
Cons: Examinations, Personnel issues, un-met goas.

Related Job Salaries

Gender

Female
16 %
Male
84 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 28 votes.
Less than 1 year
1%
1-4 years
1%
5-9 years
9%
10-19 years
22%
20 years or more
67%

How Experience Affects Salaries

Late-Career
▲4%

National Average
$147,000

Experienced
▼6%

Mid-Career
▼11%

How Skills Affect Salaries

Commercial Loans
▲16%

National Average
$147,000

Loan Underwriting
▼8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 28 votes.

Gender

Female
16 %
Male
84 %

Years of Experience

Less than 1 year
1%
1-4 years
1%
5-9 years
9%
10-19 years
22%
20 years or more
67%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 78%
vision benefits
Vision: 64%
no benefits
None: 8%