How much does a Director of Commercial Lending make in Melbourne, IA? The average Director of Commercial Lending salary in Melbourne, IA is $223,404 as of August 27, 2024, but the range typically falls between $199,107 and $246,059. 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. 

Director of Commercial Lending Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Director of Commercial Lending Salary $176,986 Melbourne,IA August 27, 2024
25th Percentile Director of Commercial Lending Salary $199,107 Melbourne,IA August 27, 2024
50th Percentile Director of Commercial Lending Salary $223,404 Melbourne,IA August 27, 2024
75th Percentile Director of Commercial Lending Salary $246,059 Melbourne,IA August 27, 2024
90th Percentile Director of Commercial Lending Salary $266,685 Melbourne,IA August 27, 2024
25% $199,107 10% $176,986 90% $266,685 75% $246,059 $223,404 50%(Median) Didn’t find job title? Click
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Job Description for Director of Commercial Lending

Director of Commercial Lending directs and manages commercial lending activity for a designated market of the organization. Establishes and manages lending objectives, targets, strategies, and practices to achieve organizational financial, growth, and service goals. Being a Director of Commercial Lending seeks out new business opportunities and develops strategies to expand existing business. Manages the maintenance and servicing of existing commercial loan portfolio. Additionally, Director of Commercial Lending adheres to all regulatory requirements and internal risk and operating policies and procedures. Builds a high-performance lending team with individual coaching and professional development opportunities. Requires a bachelor's degree. Typically reports to top management. The Director of Commercial Lending manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Director of Commercial Lending typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Director of Commercial Lending in Melbourne, IA
  • VP of Commercial Lending - To $130K + Bonus - Mason City, IA - Job # 3348. Who We Are. The Symicor Group is a boutique talent acquisition firm based in Lin...
    - 3 Days Ago
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  • We're currently seeking dedicated and skilled. Journeyman Plumbers. for various opportunities in the Nashville, TN area. As a Journeyman Plumber, you'll be...
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  • We're currently seeking dedicated and skilled. Journeyman Plumbers. for various opportunities in the Nashville, TN area. As a Journeyman Plumber, you'll be...
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Career Path for Director of Commercial Lending

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Director of Commercial Lending, the first career path typically progresses to Vice President of Commercial Lending.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2023
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Director of Commercial Lending salary varies from city to city. Compared with national average salary of Director of Commercial Lending, the highest Director of Commercial Lending salary is in San Francisco, CA, where the Director of Commercial Lending salary is 25.0% above. The lowest Director of Commercial Lending salary is in Miami, FL, where the Director of Commercial Lending salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Director of Commercial Lending, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
199107
246059
223404

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
240143
334915
280436
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Director of Commercial Lending in Melbourne, IA. The base salary for Director of Commercial Lending ranges from $199,107 to $246,059 with the average base salary of $223,404. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $240,143 to $334,915 with the average total cash compensation of $280,436.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

199107
246059

 

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How much should you be paid?

About Melbourne, Iowa    Melbourne is a city in Marshall County, Iowa, United States. The population was 830 at the 2010 census.....More

Melbourne, Iowa  area prices were up 0.8% from a year ago    View the Cost of Living in Melbourne, Iowa

Director of Commercial Lending Salary in popular cities: Des MoinesCedar RapidsDavenport

Skills associated with Director of Commercial Lending: Loan Authorization, Risk Analysis, Lending Regulatory Compliance, Organizational Goal Setting ...More

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