Chief Lending Officer Salary

Chief Lending Officers in the United States can look forward to a sizeable six-figure salary — around $132K per year on average. Cash earnings for Chief Lending Officers — which occasionally include more than $29K from bonuses and more than $21K from profit sharing — stretch from around $83K to approximately $199K. For the most part, Chief Lending Officers enjoy their work and report high levels of job satisfaction. Almost all enjoy medical while a fair number get dental coverage. Vision coverage is also available to more than half. Among survey respondents, men are more common than women; 85 percent of Chief Lending Officers are male. This report is based on responses to the PayScale salary survey.
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$90,779 - $194,555
$91K
$140K
$190K
MEDIAN: $138,515
10%
50%
90%

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$0$218K
Salary $90,779 - $194,555
Bonus $5,918 - $30,410
Profit Sharing $-0.50 - $24,658
Commission $9,156
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).
)
$100,220 - $218,852
  • Country: United States
  • Currency: USD
  • Updated: 21 Sep 2017
  • Individuals Reporting: 76

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Chief Lending Officer

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.

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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.

Chief Lending Officer Job Listings

Chief Lending Officer 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

Key Stats for Chief Lending Officer

Gender

Female
14 %
Male
86 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 15 votes.
5-9 years
5%
10-19 years
26%
20 years or more
68%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Chief Lending Officer Salaries

National Average
$156,000

Late-Career
▼2%

Experienced
▼11%

Mid-Career
▼16%

Skills That Affect Chief Lending Officer Salaries

Commercial Loans
▲9%

National Average
$156,000

Loan Underwriting
▼14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 15 votes.

Gender

Female
14 %
Male
86 %

Years of Experience

5-9 years
5%
10-19 years
26%
20 years or more
68%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 81%
vision benefits
Vision: 65%
no benefits
None: 5%
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