How much does a Vice President of Commercial Lending make in Worcester, MA? The average Vice President of Commercial Lending salary in Worcester, MA is $289,226 as of April 24, 2024, but the range typically falls between $229,113 and $359,454. 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. 

Vice President of Commercial Lending Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Vice President of Commercial Lending Salary $174,384 Worcester,MA April 24, 2024
25th Percentile Vice President of Commercial Lending Salary $229,113 Worcester,MA April 24, 2024
50th Percentile Vice President of Commercial Lending Salary $289,226 Worcester,MA April 24, 2024
75th Percentile Vice President of Commercial Lending Salary $359,454 Worcester,MA April 24, 2024
90th Percentile Vice President of Commercial Lending Salary $423,392 Worcester,MA April 24, 2024
25% $229,113 10% $174,384 90% $423,392 75% $359,454 $289,226 50%(Median) Didn’t find job title? Click
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Job Description for Vice President of Commercial Lending

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. Being a Vice President 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, Vice President 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 Vice President of Commercial Lending 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. To be a Vice President of Commercial Lending typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Vice President of Commercial Lending in Worcester, MA
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    - 1 Day Ago
  • EPM Scientific are exclusively recruiting for a mid-sized biotech company located in Central Boston who are looking to double the size of their commercial ...
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  • Vice President, Commercial Platforms. About the Company. Established public safety firm. Industry. Public Safety. Type. Public Company. Founded. 1993. Empl...
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Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Vice President of Commercial Lending salary varies from city to city. Compared with national average salary of Vice President of Commercial Lending, the highest Vice President of Commercial Lending salary is in San Francisco, CA, where the Vice President of Commercial Lending salary is 25.0% above. The lowest Vice President of Commercial Lending salary is in Miami, FL, where the Vice President 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%

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Average Base Salary

Core compensation

 
 
 
229113
359454
289226

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
288124
474935
370369
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Vice President of Commercial Lending in Worcester, MA. The base salary for Vice President of Commercial Lending ranges from $229,113 to $359,454 with the average base salary of $289,226. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $288,124 to $474,935 with the average total cash compensation of $370,369.
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229113
359454

 

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About Worcester, Massachusetts    Worcester has a total area of 38.6 square miles (100 km2), 37.6 square miles (97 km2) of land and 1.0 square mile (2.6 km2) (roughly 2.59%) of water. ....More

Worcester, Massachusetts  area prices were up 1.6% from a year ago    View the Cost of Living in Worcester, Massachusetts

Vice President of Commercial Lending Salary in popular cities: BostonSpringfieldLowell

Skills associated with Vice President of Commercial Lending: Loan Portfolio Management, Due Diligence, Team Building, Commercial Customer Development ...More

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