How much does a Director of Commercial Lending make in Bergenfield, NJ? The average Director of Commercial Lending salary in Bergenfield, NJ is $263,716 as of February 26, 2024, but the range typically falls between $235,065 and $290,469. 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 $208,980 Bergenfield,NJ February 26, 2024
25th Percentile Director of Commercial Lending Salary $235,065 Bergenfield,NJ February 26, 2024
50th Percentile Director of Commercial Lending Salary $263,716 Bergenfield,NJ February 26, 2024
75th Percentile Director of Commercial Lending Salary $290,469 Bergenfield,NJ February 26, 2024
90th Percentile Director of Commercial Lending Salary $314,826 Bergenfield,NJ February 26, 2024
25% $235,065 10% $208,980 90% $314,826 75% $290,469 $263,716 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 Bergenfield, NJ

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 2022
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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 2.9% 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
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
235065
290469
263716

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
283541
395393
331077
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 Bergenfield, NJ. The base salary for Director of Commercial Lending ranges from $235,065 to $290,469 with the average base salary of $263,716. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $283,541 to $395,393 with the average total cash compensation of $331,077.
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235065
290469

 

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About Bergenfield, New Jersey    Bergenfield is a borough in Bergen County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 26,764, reflec....More

Bergenfield, New Jersey  area prices were up 1.5% from a year ago    View the Cost of Living in Bergenfield, New Jersey

Director of Commercial Lending Salary in popular cities: NewarkJersey CityPaterson

Skills associated with Director of Commercial Lending: Team Building, Loan Authorization, Loan Origination, Strategy Development ...More

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