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The differences between commercial lending vice presidents and assistant branch managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a commercial lending vice president and an assistant branch manager. Additionally, a commercial lending vice president has an average salary of $94,727, which is higher than the $49,913 average annual salary of an assistant branch manager.
The top three skills for a commercial lending vice president include loan portfolio, financial statements and business development. The most important skills for an assistant branch manager are quality customer service, branch management, and excellent organizational.
| Commercial Lending Vice President | Assistant Branch Manager | |
| Yearly salary | $94,727 | $49,913 |
| Hourly rate | $45.54 | $24.00 |
| Growth rate | 17% | 17% |
| Number of jobs | 58,563 | 37,800 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 66% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A Commercial Lending Vice President provides customers with financial counseling and recommends bank products that fit their needs. They monitor a team of loan officers.
An assistant branch manager's primary responsibility is to oversee the daily operations in their designated area, ensuring that everything is running smoothly from the workflow to the workforce. Although the tasks will vary depending on the organization or industry where one is involved, most of it will revolve around evaluating and monitoring employees' progress. Additional duties include responding to calls and inquiries, managing work schedules, and making sure that customers are satisfied with all services and transactions. Moreover, an assistant branch manager must also prioritize meeting the sales targets and staying within the allotted budget and deadlines.
Commercial lending vice presidents and assistant branch managers have different pay scales, as shown below.
| Commercial Lending Vice President | Assistant Branch Manager | |
| Average salary | $94,727 | $49,913 |
| Salary range | Between $73,000 And $121,000 | Between $35,000 And $70,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | New Jersey |
| Best paying company | - | Centennial Bank |
| Best paying industry | - | Transportation |
There are a few differences between a commercial lending vice president and an assistant branch manager in terms of educational background:
| Commercial Lending Vice President | Assistant Branch Manager | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between commercial lending vice presidents' and assistant branch managers' demographics:
| Commercial Lending Vice President | Assistant Branch Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 81.7% Female, 18.3% | Male, 45.3% Female, 54.7% |
| Race ratio | Black or African American, 8.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 7.3% White, 65.1% American Indian and Alaska Native, 0.3% | Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 8.4% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |