1. What is the average salary of a Vice President of Commercial Lending?
The average annual salary of Vice President of Commercial Lending is $255,442.
In case you are finding an easy salary calculator,
the average hourly pay of Vice President of Commercial Lending is $123;
the average weekly pay of Vice President of Commercial Lending is $4,912;
the average monthly pay of Vice President of Commercial Lending is $21,287.
2. Where can a Vice President of Commercial Lending earn the most?
A Vice President of Commercial Lending's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Vice President of Commercial Lending earns the most in San Jose, CA, where the annual salary of a Vice President of Commercial Lending is $322,189.
3. What is the highest pay for Vice President of Commercial Lending?
The highest pay for Vice President of Commercial Lending is $316,569.
4. What is the lowest pay for Vice President of Commercial Lending?
The lowest pay for Vice President of Commercial Lending is $214,073.
5. What are the responsibilities of Vice President of Commercial Lending?
Leads and manages commercial lending activity for the organization. Establishes and manages lending objectives, targets, strategies, and practices to achieve organizational financial, growth, and service goals. Seeks out new business opportunities and develops strategies to expand existing business. Manages the maintenance and servicing of existing commercial loan portfolio. 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. Manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.