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.
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 |
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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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 |
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.
Salary.com's CompAnalyst platform offers:
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Jobs with different levels of education may pay very differently. Check the Commercial Loan Senior Manager salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Commercial Loan Senior Manager salary varies from category to category. Click below to see Commercial Loan Senior Manager salary in different categories.
About Michigan Michigan consists of two peninsulas that lie between 82°30' to about 90°30' west longitude, and are separated by the Straits of Mackinac. The 45th par....More
Skills associated with Commercial Loan Senior Manager: Loan Portfolio Management, Risk Analysis, Loan Origination, Team Building ...More
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