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Average Vice President (VP), Commercial Lending Salary

$101,237
Avg. Salary
$14,713
Bonus
$11,983
Commission
$4,645
Profit Sharing
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The average salary for a Vice President (VP), Commercial Lending is $101,237.
10%
$74k
MEDIAN
$101k
90%
$145k
Is Vice President (VP), Commercial Lending your job title? Find out what you should be paid
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Salary
$74k - $145k
Bonus
$4k - $36k
Profit Sharing
$996 - $10k
Commission
$4k - $25k
Total Pay
$77k - $166k
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What Do Vice President (VP), Commercial Lendings Do?

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.

Job Satisfaction for Vice President (VP), Commercial Lending

4 out of 5
(118)
Highly Satisfied
6Reviews

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 Marine Bank, Midwest Bankcentre and The PNC Financial Services Group, Inc.. Reported salaries are highest at J.P. Morgan Chase & Co. (JPMCC) where the average pay is $135,000. Other companies that offer high salaries for this role include Wells Fargo Bank and The PNC Financial Services Group, Inc., earning around $125,000 and $120,547, respectively. Marine Bank pays the lowest at around $84,950. Midwest Bankcentre and Bremer Bank also pay on the lower end of the scale, paying $95,749 and $100,591, respectively.

Career Paths

Explore the most common career paths for Vice President (VP), Commercial Lending. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Vice President (VP), Commercial Lending
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Vice President (VP), Commercial Lending Job Listings

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What Are Popular Skills for Vice President (VP), Commercial Lendings?

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

What is the Pay by Experience Level for Vice President (VP), Commercial Lendings?

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 $80,662 based on 30 salaries. A mid-career Vice President (VP), Commercial Lending with 5-9 years of experience earns an average total compensation of $97,109 based on 142 salaries. An experienced Vice President (VP), Commercial Lending with 10-19 years of experience earns an average total compensation of $105,940 based on 218 salaries. In their late career (20 years and higher), employees earn an average total compensation of $110,557.
Employees with Vice President (VP), Commercial Lending in their job title in New York, New York earn an average of 35.0% more than the national average. These job titles also find higher than average salaries in Austin, Texas (11.1% more) and Boston, Massachusetts (8.7% more). The lowest salaries can be found in St. Louis, Missouri (2.9% less), Chicago, Illinois (1.1% less) and Dallas, Texas (0.0% less).

Years of Experience

This data is based on 571 survey responses.
Early Career
5.3%
Mid Career
24.9%
Experienced
38.2%
Late Career
31.7%