Average Vice President (VP), Commercial Lending Salary

$99,497
Avg. SalaryShow Hourly Rate
$14,794
Bonus
$12,513
Commission
$4,606
Profit Sharing
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The average salary for a Vice President (VP), Commercial Lending is $99,497.
10%
$72k
10%
$99k
50%
$138k
90%
90%
MEDIAN $99,497
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United States (change)
Salary
$72k - $138k
Bonus
$3k - $36k
Profit Sharing
$811 - $10k
Commission
$4k - $26k
Total Pay
$76k - $164k

Your Market Worth Over Time

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Job Description for Vice President (VP), Commercial Lending

Vice President (VP), Commercial Lending Tasks
  • 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.
  • Monitor the status of problem loans and work with customers to make sure the loan is repaid.
  • Negotiate, underwrite, and structure high level loans, and submit proposals for approval.
  • Develop customer and referral networks, identifying and pursuing opportunities for loan sales.

Popular Employer Salaries for Vice President (VP), Commercial Lending

The top respondents for the job title Vice President (VP), Commercial Lending are from the companies The PNC Financial Services Group, Inc., Wells Fargo Bank and Marine Bank. Reported salaries are highest at The PNC Financial Services Group, Inc. where the average pay is $120,547. Marine Bank pays the lowest at around $84,950.

Career Paths

Explore the most common career paths for Vice President (VP), Commercial Lending. Thickness and color of lines indicates how common a path is.
Vice President (VP), Commercial Lending
Chief Lending Officer
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Vice President (VP), Commercial Lending Job Listings

Popular Skills for Vice President (VP), Commercial Lending

Skills in Commercial Loans, Business Development, Financial Analysis and Sales are correlated to pay that is above average. Skills that pay less than market rate include Loan Underwriting.

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

An early career Vice President (VP), Commercial Lending with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $79,513 based on 57 salaries. A mid-career Vice President (VP), Commercial Lending with 5-9 years of experience earns an average total compensation of $94,647 based on 190 salaries. An experienced Vice President (VP), Commercial Lending with 10-19 years of experience earns an average total compensation of $101,778 based on 286 salaries. In their late career (20 years and higher), employees earn an average total compensation of $110,395.
Employees with Vice President (VP), Commercial Lending in their job title in New York, New York earn an average of 26.1% more than the national average. These job titles also find higher than average salaries in Boston, Massachusetts (5.3% more) and Chicago, Illinois (3.0% more). The lowest salaries can be found in Springfield, Illinois (13.3% less) and Dallas, Texas (2.1% less).

Years of Experience

This data is based on 711 survey responses.
Early Career
8.0%
Mid Career
26.7%
Experienced
40.2%
Late Career
25.0%

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