Average Vice President (VP), Commercial Lending with Loan Underwriting Skills Salary

$98,888
Avg. Salary
$14,450
Bonus
$14,639
Commission
$4,854
Profit Sharing
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The average salary for a Vice President (VP), Commercial Lending with Loan Underwriting skills is $98,888.
10%
$71k
MEDIAN
$99k
90%
$140k
Is Vice President (VP), Commercial Lending your job title? Find out what you should be paid
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United States (change)
Salary
$71k - $140k
Bonus
$3k - $44k
Profit Sharing
$993 - $15k
Commission
$10k - $15k
Total Pay
$75k - $171k
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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

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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 Portfolio Management.

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 $74,497 based on 6 salaries. A mid-career Vice President (VP), Commercial Lending with 5-9 years of experience earns an average total compensation of $95,172 based on 60 salaries. An experienced Vice President (VP), Commercial Lending with 10-19 years of experience earns an average total compensation of $100,386 based on 84 salaries. In their late career (20 years and higher), employees earn an average total compensation of $110,272.
Employees with Vice President (VP), Commercial Lending in their job title in New York, New York earn an average of 34.5% more than the national average. These job titles also find higher than average salaries in Denver, Colorado (16.3% more). The lowest salaries can be found in Springfield, Illinois (15.4% less), Austin, Texas (14.0% less) and Oklahoma City, Oklahoma (12.6% less).

Years of Experience

This data is based on 204 survey responses.
Early Career
2.9%
Mid Career
29.4%
Experienced
41.2%
Late Career
26.5%