Alternate Job Titles: Commercial Loan Manager, Commercial Loan Team Leader
How much does a Commercial Loan Manager make? The median annual Commercial Loan Manager salary is $148,795, as of June 28, 2017, with a range usually between $131,672-$164,476, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Commercial Loan Manager in the United States.
This chart describes the expected percentage of people who perform the job of Commercial Loan Manager in the United States that make less than that annual salary. For example the median expected annual pay for a typical Commercial Loan Manager in the United States is $148,795, so 50% of the people who perform the job of Commercial Loan Manager in the United States are expected to make less than $148,795.
Source: HR Reported data as of June 28, 2017
This chart describes the expected percentage of people who perform the job of Commercial Loan Manager that make less than that salary. For example 50% of the people who perform the job of Commercial Loan Manager are expected to make less than the median.
Source: HR Reported data as of July 2017
Manages a team of commercial loan officers to build commercial loan business within a designated market. Provides operational guidance to loan officers and approves requests for loans beyond the officers' approval limits. Personally handles the most complex loans and most difficult credit approvals. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. Typically requires 3+ years of managerial experience. View full job description