How much does a Commercial Loan Manager make in Maine? The average Commercial Loan Manager salary in Maine is $152,805 as of March 26, 2020, but the range typically falls between $135,234 and $168,905. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

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25% $135,234 10% $119,236 90% $183,564 75% $168,905 $152,805 50%(Median)
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Job Description

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)

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Job Openings for Commercial Loan Manager in Maine

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Location Avg. Salary Date Updated
Location Saco, ME Avg. Salary $158,300 Date Updated March 26, 2020
Location Windham, ME Avg. Salary $158,511 Date Updated March 26, 2020
Location Abbot, ME Avg. Salary $143,273 Date Updated March 26, 2020
Location Acton, ME Avg. Salary $160,529 Date Updated March 26, 2020
Location Addison, ME Avg. Salary $143,273 Date Updated March 26, 2020
Location Albion, ME Avg. Salary $143,273 Date Updated March 26, 2020
Location Alfred, ME Avg. Salary $159,449 Date Updated March 26, 2020
Location Alna, ME Avg. Salary $157,032 Date Updated March 26, 2020
Location Andover, ME Avg. Salary $157,032 Date Updated March 26, 2020
Location Anson, ME Avg. Salary $143,273 Date Updated March 26, 2020
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