How much does a Commercial Loan Senior Manager make in Michigan? The average Commercial Loan Senior Manager salary in Michigan is $195,688 as of April 24, 2024, but the range typically falls between $167,465 and $221,557. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Commercial Loan Senior Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Senior Manager Salary $141,770 MI April 24, 2024
25th Percentile Commercial Loan Senior Manager Salary $167,465 MI April 24, 2024
50th Percentile Commercial Loan Senior Manager Salary $195,688 MI April 24, 2024
75th Percentile Commercial Loan Senior Manager Salary $221,557 MI April 24, 2024
90th Percentile Commercial Loan Senior Manager Salary $245,108 MI April 24, 2024
25% $167,465 10% $141,770 90% $245,108 75% $221,557 $195,688 50%(Median) Didn’t find job title? Click
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Job Description for Commercial Loan Senior Manager

Commercial Loan Senior Manager 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 Commercial Loan Senior Manager seeks out new business opportunities and develops strategies to expand existing business. Manages the maintenance and servicing of existing commercial loan portfolio. Additionally, Commercial Loan Senior Manager 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 a director. The Commercial Loan Senior Manager 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. To be a Commercial Loan Senior Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commercial Loan Senior Manager in Michigan
  • United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for underwriters. When you join UWM as an under...
    - 9 Months Ago
  • United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for Mortgage Operations Specialists. MUST KNOW....
    - 11 Months Ago
  • Loan Booking and Compliance Data Specialist. The Loan Booking Compliance and Data Specialist is responsible for analyzing executed commercial loan document...
    - 27 Days Ago
  • United Wholesale Mortgage (UWM) is America's mortgage lender and we're looking to fill an immediate need for underwriters. When you join UWM as an underwri...
    - 4 Days Ago
  • United Wholesale Mortgage (UWM) is America's mortgage lender and we're looking to fill an immediate need for underwriters. When you join UWM as an underwri...
    - 4 Days Ago

Select a city to view specific salary and bonus information for Commercial Loan Senior Manager

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Location Avg. Salary Date Updated
Location Taylor, MI Avg. Salary $199,456 Date Updated April 24, 2024
Location Acme, MI Avg. Salary $186,568 Date Updated April 24, 2024
Location Ada, MI Avg. Salary $192,318 Date Updated April 24, 2024
Location Addison, MI Avg. Salary $199,257 Date Updated April 24, 2024
Location Adrian, MI Avg. Salary $196,283 Date Updated April 24, 2024
Location Afton, MI Avg. Salary $184,189 Date Updated April 24, 2024
Location Ahmeek, MI Avg. Salary $188,551 Date Updated April 24, 2024
Location Akron, MI Avg. Salary $184,387 Date Updated April 24, 2024
Location Alanson, MI Avg. Salary $184,189 Date Updated April 24, 2024
Location Alba, MI Avg. Salary $184,189 Date Updated April 24, 2024

Career Path for Commercial Loan Senior Manager

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 Commercial Loan Senior Manager, the upper level is Director of Commercial Lending and then progresses to Vice President of Commercial Lending.

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Commercial Loan Senior Manager Salary in Michigan
Commercial Loan Senior Manager Salary Graph, Regional Distribution and Summary