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Commercial lending vice president vs group vice president

The differences between commercial lending vice presidents and group vice presidents 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 group vice president. Additionally, a group vice president has an average salary of $167,679, which is higher than the $94,727 average annual salary of a commercial lending vice president.

The top three skills for a commercial lending vice president include loan portfolio, financial statements and business development. The most important skills for a group vice president are financial services, healthcare, and project management.

Commercial lending vice president vs group vice president overview

Commercial Lending Vice PresidentGroup Vice President
Yearly salary$94,727$167,679
Hourly rate$45.54$80.61
Growth rate17%17%
Number of jobs58,56351,499
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 73%
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 group vice president do?

A group vice president is primarily in charge of implementing an organization or group's policies and regulations, including its vision and mission. Most of the time, they directly report progress to the president and assist in carrying out new programs and protocols that optimize the overall business procedures. Their responsibilities also include researching new business opportunities, developing solutions on organizational issues, setting goals and objectives, overseeing the performance of the workforce, and monitoring the workflow to ensure efficiency and growth.

Commercial lending vice president vs group vice president salary

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

Commercial Lending Vice PresidentGroup Vice President
Average salary$94,727$167,679
Salary rangeBetween $73,000 And $121,000Between $106,000 And $264,000
Highest paying City-Seattle, WA
Highest paying state-Alaska
Best paying company-Citi
Best paying industry-Finance

Differences between commercial lending vice president and group vice president education

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

Commercial Lending Vice PresidentGroup Vice President
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 73%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Commercial lending vice president vs group vice president demographics

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

Commercial Lending Vice PresidentGroup Vice President
Average age4646
Gender ratioMale, 81.7% Female, 18.3%Male, 71.5% Female, 28.5%
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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between commercial lending vice president and group vice president 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

Group vice president example responsibilities.

  • Lead managements of emerging healthcare companies to raise capital through initial public offerings and other financial alternatives.
  • Lead asset management function including budget development and analysis of and strategic planning for economic performance of real estate asset portfolio.
  • Perform asset management duties that cover project development and property management oversight.
  • Supervise, coordinate and provide oversight for budgeting and financial planning activities during site development.
  • Deliver strategic market planning and tactical implementation of programs to educate healthcare professionals and to further free exchange of scientific information.
  • Manage all aspects of portfolio management including: strategy development, capital and expense forecasting, process development and performance measurement.
  • Show more

Commercial lending vice president vs group vice president 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 group vice president skills
  • Financial Services, 8%
  • Healthcare, 7%
  • Project Management, 6%
  • Due Diligence, 5%
  • Oversight, 5%
  • Direct Reports, 5%

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