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Commercial lending vice president vs assistant branch manager

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 vs assistant branch manager overview

Commercial Lending Vice PresidentAssistant Branch Manager
Yearly salary$94,727$49,913
Hourly rate$45.54$24.00
Growth rate17%17%
Number of jobs58,56337,800
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 66%
Average age4646
Years of experience88

What does a commercial lending vice president do?

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.

What does an assistant branch manager do?

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 president vs assistant branch manager salary

Commercial lending vice presidents and assistant branch managers have different pay scales, as shown below.

Commercial Lending Vice PresidentAssistant Branch Manager
Average salary$94,727$49,913
Salary rangeBetween $73,000 And $121,000Between $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

Differences between commercial lending vice president and assistant branch manager education

There are a few differences between a commercial lending vice president and an assistant branch manager in terms of educational background:

Commercial Lending Vice PresidentAssistant Branch Manager
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Commercial lending vice president vs assistant branch manager demographics

Here are the differences between commercial lending vice presidents' and assistant branch managers' demographics:

Commercial Lending Vice PresidentAssistant Branch Manager
Average age4646
Gender ratioMale, 81.7% Female, 18.3%Male, 45.3% Female, 54.7%
Race ratioBlack 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 Percentage11%11%

Differences between commercial lending vice president and assistant branch manager duties and responsibilities

Commercial lending vice president example responsibilities.

  • Establish and manage customer relationships, credit approval/recommendation, documentation, servicing of commercial, real estate, and SBA loans.
  • Manage a loan pipeline from origination through to settlement and funding in accordance with Bankpolicies, procedures and regulatory requirements.
  • Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
  • Expand commercial loan product offerings by establish bank with the SBA, enabling usage of SBA programs for loan risk mitigation.
  • Co-Manage a portfolio of $275MM with a senior relationship manager facilitating underwriting, renewals and origination.
  • Manage a loan pipeline from origination through to settlement and funding in accordance with Bankpolicies, procedures and regulatory requirements.
  • Show more

Assistant branch manager example responsibilities.

  • Manage the treasury internal control, internal audit, and external audit quarterly reviews.
  • Manage LTO's, review and approve all credits and assist with collections and A/R.
  • Manage the daily production operations and quality control; ensure that processes are in compliance with OSHA and company standards.
  • Negotiate service agreements for managing refrigeration and HVAC costs and prepare quoted work estimates.
  • Maintain existing customer relationships and develop new contacts through networking, cross-selling opportunities, and referrals.
  • Construct and maintain reporting system to assure HCS, HACCP, JACHO, and OSHA standard where maintain.
  • Show more

Commercial lending vice president vs assistant branch manager skills

Common commercial lending vice president skills
  • Loan Portfolio, 11%
  • Financial Statements, 7%
  • Business Development, 7%
  • Real Estate Loans, 6%
  • Commercial Banking, 5%
  • Commercial Loans, 5%
Common assistant branch manager skills
  • Quality Customer Service, 8%
  • Branch Management, 7%
  • Excellent Organizational, 6%
  • Loan Applications, 6%
  • Bank Products, 6%
  • Customer Satisfaction, 5%

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