How much does a Commercial Loan Manager earn in the United States? The average Commercial Loan Manager salary in the United States is $155,034 as of March 28, 2019, but the range typically falls between $137,202 and $171,370. 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. View Cost of Living in Major Cities
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.
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Includes bonus, healthcare, and retirement
7 + years experience
JD, MD, PhD or Equivalent
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