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Loan Manager Commercial Salary
in Chicago, Illinois

$151,501 (USD)

Average Salary

$73/hr

Average Hourly

$14,499

Average Bonus

Last updated: May 26, 2019

Salary Recap

The average pay for a Loan Manager Commercial is $151,501 a year and $73 an hour in Chicago, Illinois, United States. The average salary range for a Loan Manager Commercial is between $104,805 and $188,649. On average, a Master's Degree is the highest level of education for a Loan Manager Commercial. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Chicago, Illinois.

Average Salary Chart

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Job Summary

Description:
  • Manages commercial loan department of a financial institution.
  • Coordinates activities to implement institution's commercial loan policies, procedures, and practices concerning granting or extending lines of credit and loan activities.
  • Develops or approves commercial lending policies and interest rate structures.
  • NOTE: ERI's findings based on asset size.
Loan Manager Commercial Job Prevalence in Chicago, Illinois, United States

Job family: Financial Managers

Job family population: 569,380

Estimated population of Loan Manager Commercial jobs: 1,691

Rate of error: 0.6%

Salary Potential

Estimated salary in 2024:
$175,631
5 Year Change:
16 %

Education

Skills

Skills data not available for this job

About Chicago, Illinois

Chicago Cost of Living Score:

Description: Chicago ( (listen), locally also ), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,705,994 (2018), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States. Located on the shores of freshwater Lake Michigan, Chicago was incorporated...

Loan Manager Commercial Job Listings for Chicago, Illinois

International Business Development Manager (Stock Loans)
Feb 27
Chicago, IL, USA
America 2030 Capital Limited
Stock Loan Sales Manager America2030.net is seeking an International Business Development Manager ... commercial real estate or securities. Our ideal candidate will have a minimum of 3 years ...
Commercial Bank - Credit Support Specialist II - WLS (Fort Worth, TX / Dallas, TX / Plano, TX / C...
Apr 19
Chicago, IL, USA
JP Morgan Chase
Manage credit data in Client Central (credit family structures, credit transfers, coverage roles ... Minimum of 4 years professional experience in loan/product operations or a credit/lending ...
Looking to Start Something New ? Servers & Bartenders , Apply Now !
Apr 23
Bolingbrook, IL, USA
US Commercial Energy
... loan officer, inside sales, outside sales, direct sales, sales professional, sales associate ... Management, Entry Level Sales Company Description US COMMERCIAL & EVENTS is an energy sales and ...
Banking Branch Manager
Apr 30
Chicago, IL, USA
Makena Tech Solutions, Inc.
Make regular business development calls to solicit new business (loans, deposits) or improve ... Good knowledge of commercial lending products. * Thorough knowledge of federal/state and IRS ...
Loan Originator - Frankfort
May 22
Frankfort, Illinois, USA
FBC Funding
FBC Funding is a Nationwide Commercial Mortgage Broker and Correspondent Lender seeking Commercial ... FBC Funding process,managing borrower expectations and working closely with processor. All ...
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