How much does a Director of Commercial Lending make in New York? The average Director of Commercial Lending salary in New York is $245,444 as of April 24, 2024, but the range typically falls between $218,751 and $270,336. 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 Director of Commercial Lending Salary | $194,448 | NY | April 24, 2024 |
25th Percentile Director of Commercial Lending Salary | $218,751 | NY | April 24, 2024 |
50th Percentile Director of Commercial Lending Salary | $245,444 | NY | April 24, 2024 |
75th Percentile Director of Commercial Lending Salary | $270,336 | NY | April 24, 2024 |
90th Percentile Director of Commercial Lending Salary | $292,999 | NY | April 24, 2024 |
Director of Commercial Lending directs and 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 Director 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, Director 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 Director of Commercial Lending manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Director of Commercial Lending typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Brentwood, NY | Avg. Salary $252,121 | Date Updated April 24, 2024 |
Location Clay, NY | Avg. Salary $228,866 | Date Updated April 24, 2024 |
Location Henrietta, NY | Avg. Salary $226,564 | Date Updated April 24, 2024 |
Location Huntington, NY | Avg. Salary $262,482 | Date Updated April 24, 2024 |
Location Levittown, NY | Avg. Salary $252,582 | Date Updated April 24, 2024 |
Location Nassau, NY | Avg. Salary $252,582 | Date Updated April 24, 2024 |
Location New Suffolk, NY | Avg. Salary $249,128 | Date Updated April 24, 2024 |
Location Accord, NY | Avg. Salary $245,904 | Date Updated April 24, 2024 |
Location Acra, NY | Avg. Salary $233,932 | Date Updated April 24, 2024 |
Location Adams, NY | Avg. Salary $227,715 | 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 Director of Commercial Lending, the first career path typically progresses to Vice President of Commercial Lending.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Commercial Loan Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Officer V | Experience 10 + | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Senior Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Real Estate Lending Assistant Manager | Experience 3 - 5 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Director of Commercial Lending salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Director of Commercial Lending salary varies from category to category. Click below to see Director of Commercial Lending salary in different categories.
About New York New York is a state in the Northeastern United States. New York was one of the original thirteen colonies that formed the United States. New York cov....More
Skills associated with Director of Commercial Lending: Loan Software, Lending Regulatory Compliance, Team Building, Commercial Customer Development ...More
Salary estimation for Director of Commercial Lending at companies like : House Foreign Affairs Committee, Vanguard NC Campus, Coroner Office