How to hire a commercial lending vice president

How to hire a commercial lending vice president, step by step

Here's a step-by-step commercial lending vice president hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a commercial lending vice president job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new commercial lending vice president
• Step 8: Go through the hiring process checklist

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1. Identify your hiring needs

   First, determine the employments status of the commercial lending vice president you need to hire. Certain commercial lending vice president roles might require a full-time employee, whereas others can be done by part-time workers or contractors.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   A commercial lending vice president's background is also an important factor in determining whether they'll be a good fit for the position. For example, commercial lending vice presidents from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

   The following list breaks down different types of commercial lending vice presidents and their corresponding salaries.

   Type of Commercial Lending Vice President	Description	Hourly rate
   Commercial Lending Vice President	Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.	$35-58
   Branch Manager	Branch managers oversee the company's field office. This position is usually present in industries such as banking and food service... Show more	$18-38
   Asset Manager	An asset manager is responsible for advising clients with their investment preferences and financial goals based on their assets' quantity and value. Asset managers regularly meet with their clients regarding their asset management's progress, recommending more investment options and considering the clients' needs... Show more	$28-59

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Loan Portfolio
   • Financial Statements
   • Business Development
   • Real Estate Loans
   • Commercial Banking
   • Commercial Loans
   • Loan Documentation
   • SBA
   • Loan Committee
   • Portfolio Management
   • Client Relationships
   • Cash Management
   • Origination
   • Treasury

   Check all skills

   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.

3. Make a budget

   Including a salary range in your commercial lending vice president job description is one of the best ways to attract top talent. A commercial lending vice president can vary based on:

   • Location. For example, commercial lending vice presidents' average salary in florida is 46% less than in nevada.
   • Seniority. Entry-level commercial lending vice presidents 40% less than senior-level commercial lending vice presidents.
   • Certifications. A commercial lending vice president with certifications usually earns a higher salary.
   • Company. Working for an established firm or a new start-up company can make a big difference in a commercial lending vice president's salary.

   Average commercial lending vice president salary

   $94,727yearly

   $45.54 hourly rate

   ---

   Entry-level commercial lending vice president salary

   $73,000 yearly salary

   Updated January 23, 2026

4. Writing a commercial lending vice president job description

   A commercial lending vice president job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a commercial lending vice president job description:

   Commercial lending vice president job description example

   Founded in 1834, Hingham Institution for Savings is one of America's oldest banks. With a $4B balance sheet, we focus on providing specialty commercial real estate lending and deposit banking solutions to real estate investors, businesses, nonprofits, and families. The Commercial Lending Group originates conventional, construction, and special situation loan transactions - our mandate is broad and flexible - and we operate in Boston, Washington, D.C., and the San Francisco Bay Area. We focus on multifamily properties, with a lesser emphasis on industrial, mixed-use, and smaller office and retail properties. With a flat organizational structure, we offer rapid decisions on transactions up to $70 million dollars. We are one of the most profitable banks in the country and we are proudly independent. For talented commercial real estate lenders, we offer a stable platform for long-term career growth.
   
   This individual will be responsible for originating commercial real estate loans in the San Francisco Bay Area, along with developing deposit relationships with our commercial real estate borrowers, with a specific focus on San Francisco itself. They will work closely with our extended team, including our other originators in Boston and Washington, as well as our Specialized Deposit Group.
   
   Strong candidates will have a demonstrated record of origination, deep knowledge of the greater San Francisco Bay Area commercial real estate market, and good underwriting and valuation skills. We are interested in both senior and mid-level candidates.
   This is a role for candidates that live in the Bay Area.
   
   Members of our team work in-person, fully remotely and on a hybrid basis. This individual would have the opportunity to define the work environment that is most productive for them.
   
   Benefits
   
   As a family-run company, we offer an excellent benefits package. Hingham is one of the most profitable banks in the country and our profit-sharing program offers all employees the opportunity to participate in this success.
   
   Health Care Plan (Medical, Dental)
   
   Retirement Plan (401k, IRA)
   
   Life Insurance (Basic, Voluntary & AD&D)
   
   Paid Time Off (Vacation, Sick & Public Holidays)
   
   Family Leave (Maternity, Paternity)
   
   Short Term & Long Term Disability
   
   Training & Development
   
   Wellness Resources (Gym Membership)

   Copy this example

   

5. Post your job

   To find the right commercial lending vice president for your business, consider trying out a few different recruiting strategies:

   • Consider internal talent. One of the most important sources of talent for any company is its existing workforce.
   • Ask for referrals. Reach out to friends, family members, and current employees and ask if they know or have worked with commercial lending vice presidents they would recommend.
   • Recruit at local colleges. Attend job fairs at local colleges to recruit commercial lending vice presidents who meet your education requirements.
   • Social media platforms. LinkedIn, Facebook and Twitter now have more than 3.5 billion users, and you can use social media to reach potential job candidates.

   Post your job online:

   • Post your commercial lending vice president job on Zippia to find and recruit commercial lending vice president candidates who meet your exact specifications.
   • Use field-specific websites.
   • Post a job on free websites.

6. Interview candidates

   To successfully recruit commercial lending vice presidents, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.

   It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new commercial lending vice president

   Once you've found the commercial lending vice president candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.

   It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.

   To prepare for the new commercial lending vice president first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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