How much does a Commercial Loan Manager make in Brockton, MA? The average Commercial Loan Manager salary in Brockton, MA is $172,586 as of June 28, 2020, but the range typically falls between $152,741 and $190,769. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Commercial Loan Manager manages a team of commercial loan officers to build commercial loan business within a designated market. Provides operational guidance to loan officers and approves requests for loans beyond the officers' approval limits. Being a Commercial Loan Manager personally handles the most complex loans and most difficult credit approvals. Requires a bachelor's degree. Additionally, Commercial Loan Manager typically reports to a manager or head of a unit/department. The Commercial Loan Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Commercial Loan Manager typically requires 3+ years of managerial experience. (Copyright 2020 Salary.com)... View full job description
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What does a Commercial Loan Manager do?
Commercial Loan Manager in Addison, TX
Provide outstanding customer service to internal and external customers displaying positive attitude at all times.
September 11, 2019
Facilitates loan closing process, providing high quality customer service while complying with Bank Policy and Federal Regulations.
November 16, 2019
Provide problem resolutions to help make decisions and/or recommendations to ensure closing requirements are met and necessary due diligence is obtained.
According to the United States Census Bureau, the city has a total area of 21.6 square miles (56 km2), of which 21.5 square miles (56 km2) is land and 0.1 square miles (0.26 km2) (0.56%) is water. Brockton is the 162nd largest city by land area in the Commonwealth, and the twelfth largest of the twenty-seven towns in Plymouth County. Brockton is bordered by Stoughton to the northwest, Avon to the north, Holbrook to the northeast, Abington to the northeast, Whitman and East Bridgewater to the southeast, West Bridgewater to the south, and Easton to the west. Brockton is approximately 25 miles s...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Manager in Brockton, MA. The base salary for Commercial Loan Manager ranges from $152,741 to $190,769 with the average base salary of $172,586. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $173,947 to $240,289 with the average total cash compensation of $204,438.