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Commercial lending vice president vs president

The differences between commercial lending vice presidents and presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a commercial lending vice president, becoming a president takes usually requires More than 10 years. Additionally, a president has an average salary of $192,329, 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 president are financial statements, product development, and R.

Commercial lending vice president vs president overview

Commercial Lending Vice PresidentPresident
Yearly salary$94,727$192,329
Hourly rate$45.54$92.47
Growth rate17%6%
Number of jobs58,56349,413
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 71%
Average age4652
Years of experience8-

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 president do?

Presidents are usually the highest-level executives in an organization. They oversee the whole company. They identify clear goals and provide strategic direction as the company works towards the achievement of their overall vision. Presidents are the decision-makers in the company. They make crucial decisions to ensure that the company continues to grow and survives challenges that come their way. They are expected to consider all stakeholders, from the board of directors and employees to the customers in their decision-making process. Presidents also represent the company in external functions, especially during high-level events. As such, they are expected to be professional, well-mannered, and good communicators.

Commercial lending vice president vs president salary

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

Commercial Lending Vice PresidentPresident
Average salary$94,727$192,329
Salary rangeBetween $73,000 And $121,000Between $114,000 And $323,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-UnitedHealth Group
Best paying industry--

Differences between commercial lending vice president and president education

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

Commercial Lending Vice PresidentPresident
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Commercial lending vice president vs president demographics

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

Commercial Lending Vice PresidentPresident
Average age4652
Gender ratioMale, 81.7% Female, 18.3%Male, 64.5% Female, 35.5%
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, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.8% White, 76.0% American Indian and Alaska Native, 0.6%
LGBT Percentage11%12%

Differences between commercial lending vice president and 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

President example responsibilities.

  • Manage HVAC contracting business specializing in the installation and service of residential and commercial heating and cooling equipment.
  • Achieve strategic, operational and programmatic goals meeting budget EBITDA expectations.
  • Lead meetings; create and present PowerPoint presentations to members about upcoming events
  • Activate previously undiscovered ERP modules to automate supply chain management and forecasting capabilities.
  • Manage a 75 plus person fraternity as president and implement strict attendance and payment policies that increase chapter operation efficiency.
  • Provide direct oversight and effective leadership through training and identification of strategic priorities to achieve program outcomes and organizational goals.
  • Show more

Commercial lending vice president vs 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 president skills
  • Financial Statements, 14%
  • Product Development, 6%
  • R, 6%
  • Business Development, 5%
  • Real Estate, 5%
  • Human Resources, 5%

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