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

$104,964
Avg. Salary
$5,000
Bonus
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The average salary for a Vice President (VP), Commercial Lending with Commercial Loans skills in Minneapolis, Minnesota is $104,964.
25%
$87k
MEDIAN
$105k
75%
$125k
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United States (change)
Salary
$87k - $125k
Bonus
$0 - $5k
Total Pay
$92k - $133k
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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

Employees with Vice President (VP), Commercial Lending in their job title in New York, New York earn an average of 19.5% more than the national average. These job titles also find higher than average salaries in Austin, Texas (2.4% more). The lowest salaries can be found in Springfield, Illinois (19.4% less), St. Louis, Missouri (7.1% less) and Chicago, Illinois (1.0% less).