Post job

Commercial lending vice president vs vice president

The differences between commercial lending vice presidents and vice 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 vice president takes usually requires More than 10 years. Additionally, a vice president has an average salary of $158,637, 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 vice president are healthcare, oversight, and project management.

Commercial lending vice president vs vice president overview

Commercial Lending Vice PresidentVice President
Yearly salary$94,727$158,637
Hourly rate$45.54$76.27
Growth rate17%6%
Number of jobs58,563119,530
Job satisfaction-4
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 72%
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 vice president do?

Vice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties. They may also represent the organization in external events and other official functions. They are important members of the boardroom, and their opinions are usually sought after as well. Vice presidents are usually poised to follow the president's footsteps in the organization, especially if the president is nearing retirement. They also make urgent and crucial decisions when the president is not available to do so. Vice presidents must have strong business acumen, decision-making skills, and professionalism.

Commercial lending vice president vs vice president salary

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

Commercial Lending Vice PresidentVice President
Average salary$94,727$158,637
Salary rangeBetween $73,000 And $121,000Between $107,000 And $235,000
Highest paying City-San Francisco, CA
Highest paying state-New York
Best paying company-Brookfield Properties
Best paying industry-Manufacturing

Differences between commercial lending vice president and vice president education

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

Commercial Lending Vice PresidentVice President
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Commercial lending vice president vs vice president demographics

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

Commercial Lending Vice PresidentVice President
Average age4652
Gender ratioMale, 81.7% Female, 18.3%Male, 65.8% Female, 34.2%
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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6%
LGBT Percentage11%12%

Differences between commercial lending vice president and 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

Vice president example responsibilities.

  • Develop and implement global SOX methodology, manage risk assessment and testing, evaluate deficiencies and lead remediation efforts.
  • Manage $54MM loan portfolio of problem assets with the goal to implement strategies of rehabilitation, exit and/or liquidation.
  • Manage day-to-day operations, marketing, record keeping, insurance billing, human resources, budgeting, and HIPAA compliance.
  • Manage the web design, PPC, social media marketing, SEO, traditional and digital marketing, and customer experience.
  • Manage FDA regulate manufacturing division.
  • Manage QuickBooks; implement budget/variance tracking and reporting.
  • Show more

Commercial lending vice president vs 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 vice president skills
  • Healthcare, 10%
  • Oversight, 7%
  • Project Management, 6%
  • Customer Service, 6%
  • Risk Management, 6%
  • Business Development, 5%

Browse executive management jobs