Commercial Banking Manager Salary in Portsmouth, VA
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How much does a Commercial Banking Manager make in Portsmouth, VA? The average Commercial Banking Manager salary in Portsmouth, VA is $165,310 as of May 28, 2024, but the salary range typically falls between $142,097 and $191,141. 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.
Salary range for a Commercial Banking Manager
$142,097 to $191,141
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Commercial Banking Manager
Review the job openings and experience requirements for the Commercial Banking Manager job to confirm that it is the job you are seeking.
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What does a Commercial Banking Manager do?
Common responsibilities of a Commercial Banking Manager
Participate in joint calls/meetings with business partners within the bank to develop customer relationships and support specific product sales across business lines.
July 14, 2022
Assists with accurate, effective and proactive risk management programs such as LOB wide compliance/audit findings, tracking and reporting, risk assessments, risk management program that supports key, long-term initiatives.
January 30, 2023
Requires a thorough knowledge of commercial lending, CRE and deposit products, policies and procedures and must have the ability to use sound judgment.
March 03, 2023
Manages the assigned portfolio by monitoring performance and trends, proactively defining client credit solutions, identifying issues and developing remediation, underwriting and approving credit as designated.
March 16, 2023
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Commercial Banking Manager Salary By Experience Levels in Portsmouth, VA
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RELEVANT JOB EXPERIENCE
Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.
Commercial Banking Manager Salary By Level of Education in Portsmouth, VA
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LEVEL OF EDUCATION
Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.
Average Salary Range for Commercial Banking Manager in Portsmouth, VA
Average Base Salary
Core compensation
142097
191141
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Commercial Banking Manager in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Banking Manager in Portsmouth, VA. The base salary for Commercial Banking Manager ranges from $142,097 to $191,141 with the average base salary of $165,310. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $161,246 to $231,987 with the average total cash compensation of $189,217.
View Average Salary for Commercial Banking Manager as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $165,310 | $142,097 - $191,141 |
| Bonus | $23,907 | $19,149 - $40,846 |
| Total Pay | $189,217 | $161,246 - $231,987 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Commercial Banking Manager Salary Near Portsmouth, VA
| CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Portsmouth, VA |
|---|---|---|
| CITY, STATE Chesapeake, VA | AVERAGE SALARY RANGE $141,856 - $190,816 | COMPARE TO Portsmouth, VA |
| CITY, STATE Norfolk, VA | AVERAGE SALARY RANGE $142,037 - $191,060 | COMPARE TO Portsmouth, VA |
| CITY, STATE Hampton, VA | AVERAGE SALARY RANGE $142,821 - $192,115 | COMPARE TO Portsmouth, VA |
| CITY, STATE Suffolk, VA | AVERAGE SALARY RANGE $141,955 - $190,950 | COMPARE TO Portsmouth, VA |
| CITY, STATE Virginia Beach, VA | AVERAGE SALARY RANGE $144,209 - $193,982 | COMPARE TO Portsmouth, VA |
| CITY, STATE Newport News, VA | AVERAGE SALARY RANGE $142,821 - $192,115 | COMPARE TO Portsmouth, VA |
See salaries for Commercial Banking Manager in locations close to Portsmouth, VA. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.
About Portsmouth, Virginia
Portsmouth is an independent city in the Commonwealth of Virginia. As of the 2010 census, the population was 95,535. It is part of the Hampton Roads metropolitan area.
The Norfolk Naval Shipyard, often called the Norfolk Navy Yard, is a historic and active U.S. Navy facility that is actually located in Portsmouth rather than Norfolk; the original name "Gosport" was changed to "Norfolk" to reflect its location in what is now the former Norfolk County, Virginia. The shipyard upgrades, remodels, and repairs ships of the US Navy and is one of the few facilities in the world with the capability to ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
View Salary for Similar Jobs to Commercial Banking Manager in Portsmouth, VA
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| JOB TITLE | LOCATION | MINIMUM SALARY | MAXIMUM SALARY |
|---|---|---|---|
| JOB TITLE Commercial Banking Portfolio Manager | LOCATION Portsmouth, VA | MINIMUM SALARY $63,824 | MAXIMUM SALARY $87,591 |
| JOB TITLE Commercial Banking Relationship Manager | LOCATION Portsmouth, VA | MINIMUM SALARY $84,052 | MAXIMUM SALARY $118,066 |
| JOB TITLE Banking & Commercial Loan Workout Manager | LOCATION Portsmouth, VA | MINIMUM SALARY $140,000 | MAXIMUM SALARY $188,862 |
| JOB TITLE Commercial Banking Officer | LOCATION Portsmouth, VA | MINIMUM SALARY $66,275 | MAXIMUM SALARY $89,060 |
| JOB TITLE Commercial Banking Analyst | LOCATION Portsmouth, VA | MINIMUM SALARY $46,947 | MAXIMUM SALARY $63,997 |
| JOB TITLE Commercial Banking Assistant | LOCATION Portsmouth, VA | MINIMUM SALARY $45,409 | MAXIMUM SALARY $60,940 |
The Commercial Banking Manager job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Portsmouth, VA that might be a good fit for the type of job and salary you are looking for.
About Portsmouth, Virginia Portsmouth is an independent city in the Commonwealth of Virginia. As of the 2010 census, the population was 95,535. It is part of the Hampton Roads m....More
Portsmouth, Virginia area prices were up 1.2% from a year ago
Commercial Banking Manager Salary in popular cities: Virginia Beach, Norfolk, Chesapeake
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role