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

$98,904
Avg. Salary
$14,439
Bonus
$9,000
Commission
$4,660
Profit Sharing
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The average salary for a Vice President (VP), Commercial Lending with Commercial Loans skills is $98,904.
10%
$72k
MEDIAN
$99k
90%
$138k
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United States (change)
Salary
$72k - $138k
Bonus
$4k - $35k
Profit Sharing
$1k - $10k
Commission
$1k - $39k
Total Pay
$77k - $161k

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.

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Popular Skills for Vice President (VP), Commercial Lending

Skills in Business Development, Financial Analysis and Sales are correlated to pay that is above average. Skills that pay less than market rate include Portfolio Management and 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 $78,947 based on 18 salaries. A mid-career Vice President (VP), Commercial Lending with 5-9 years of experience earns an average total compensation of $97,138 based on 106 salaries. An experienced Vice President (VP), Commercial Lending with 10-19 years of experience earns an average total compensation of $101,056 based on 150 salaries. In their late career (20 years and higher), employees earn an average total compensation of $107,148.
Employees with Vice President (VP), Commercial Lending in their job title in New York, New York earn an average of 26.8% more than the national average. These job titles also find higher than average salaries in Austin, Texas (8.7% more) and Minneapolis, Minnesota (6.1% more). The lowest salaries can be found in Springfield, Illinois (14.4% less) and St. Louis, Missouri (1.4% less).

Years of Experience

This data is based on 391 survey responses.
Early Career
4.6%
Mid Career
27.1%
Experienced
38.4%
Late Career
29.9%