Post job

Commercial lending vice president vs finance administrator

The differences between commercial lending vice presidents and finance administrators 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 a finance administrator. Additionally, a commercial lending vice president has an average salary of $94,727, which is higher than the $55,541 average annual salary of a finance administrator.

The top three skills for a commercial lending vice president include loan portfolio, financial statements and business development. The most important skills for a finance administrator are customer service, financial aid, and powerpoint.

Commercial lending vice president vs finance administrator overview

Commercial Lending Vice PresidentFinance Administrator
Yearly salary$94,727$55,541
Hourly rate$45.54$26.70
Growth rate17%17%
Number of jobs58,563130,256
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 61%
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 a finance administrator do?

A finance administrator is responsible for supporting the financial operations of an organization, handling the accuracy of financial transactions, and resolving discrepancies in the company's financial statements. Finance administrators analyze the company's financial performance, including its losses and revenues, writing financial reports, and providing recommendations for cost-reduction processes to minimize financial risks. They also handle the allocation of departmental budgets, assist in tax audits, and process invoices and payroll release. A finance administrator must have excellent analytical skills and an extensive knowledge of the financial industry.

Commercial lending vice president vs finance administrator salary

Commercial lending vice presidents and finance administrators have different pay scales, as shown below.

Commercial Lending Vice PresidentFinance Administrator
Average salary$94,727$55,541
Salary rangeBetween $73,000 And $121,000Between $38,000 And $80,000
Highest paying City-Dover, DE
Highest paying state-Delaware
Best paying company-State Street
Best paying industry-Manufacturing

Differences between commercial lending vice president and finance administrator education

There are a few differences between a commercial lending vice president and a finance administrator in terms of educational background:

Commercial Lending Vice PresidentFinance Administrator
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Commercial lending vice president vs finance administrator demographics

Here are the differences between commercial lending vice presidents' and finance administrators' demographics:

Commercial Lending Vice PresidentFinance Administrator
Average age4646
Gender ratioMale, 81.7% Female, 18.3%Male, 29.3% Female, 70.7%
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, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 9.2% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between commercial lending vice president and finance administrator 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

Finance administrator example responsibilities.

  • Manage the design and implementation of appropriate controls as per Sarbanes-Oxley (SOX) and internal corporate procedures.
  • Manage key logistics and secure necessary resources within budget constraints.
  • Monitor all transactions in assign inventory finance portfolio to manage invoice funding approval decision.
  • Do A/P, A/R and G/L.
  • Prepare daily, weekly and monthly reports including fund loans, commissions, titles, A/P & A/R.
  • Assist families with Medicaid applications.
  • Show more

Commercial lending vice president vs finance administrator 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 finance administrator skills
  • Customer Service, 17%
  • Financial Aid, 12%
  • PowerPoint, 7%
  • Rehabilitation, 7%
  • Balance Sheet, 4%
  • Human Resources, 4%

Browse executive management jobs