The average salary for a Vice President (VP), Commercial Lending with Customer Relationship Management (CRM) skills is $111,140.
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Job Description for Vice President (VP), Commercial Lending
Vice president (VP) of commercial lending positions are available at banks and similar institutions. They work within the institution's market to find key loan-providing opportunities that fit the goals and requirements of the bank. Daily tasks include analyzing a wide variety of financial statements, structuring loan terms and fees, approving or recommending loans, counseling potential borrowers financially, and conducting presentations with senior management staff. All of these tasks help esta…Read more
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.
Vice President (VP), Commercial Lending Job Listings
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Popular Skills for Vice President (VP), Commercial Lending
Skills that pay less than market rate include Sales, Loan Underwriting, Financial Analysis, Business Development and Commercial Loans.
Pay by Experience Level for Vice President (VP), Commercial Lending
A mid-career Vice President (VP), Commercial Lending with 5-9 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $103,069 based on 8 salaries. An experienced Vice President (VP), Commercial Lending with 10-19 years of experience earns an average total compensation of $113,785 based on 18 salaries. In their late career (20 years and higher), employees earn an average total compensation of $113,250.
Years of Experience
This data is based on 43 survey responses.
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