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Manager Commercial Loans Salary
in Chicago, Illinois

$150,055 (USD)

Average Salary

$72/hr

Average Hourly

$14,360

Average Bonus

Last updated: May 21, 2019

Salary Recap

The average pay for a Manager Commercial Loans is $150,055 a year and $72 an hour in Chicago, Illinois, United States. The average salary range for a Manager Commercial Loans is between $103,805 and $186,849. 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.
Manager Commercial Loans Job Prevalence in Chicago, Illinois, United States

Job family: Financial Managers

Job family population: 569,380

Estimated population of Manager Commercial Loans jobs: 1,691

Rate of error: 0.6%

Salary Potential

Estimated salary in 2024:
$173,955
5 Year Change:
16 %

Education

Education data not available for this job

Skills

Skills data not available for this job

Manager Commercial Loans Job Listings for Chicago, Illinois

Entry-level Commercial Loan Processor
May 8
Chicago, IL, USA
Accountemps
Robert Half is hiring an Entry-Level Commercial Loan Processor for one of our Fortune 500 banking ... managers; can coach others; willing to assist wherever needed; works toward team success and ...
Commercial Loan Coordinator
May 11
Burr Ridge, United States
BankFinancial Corporation
The Commercial Loan Coordinator is responsible for providing superior customer service in the ongoing maintenance and management of commercial account relationships. This position also provides ...
Senior Relationship Manager, Franchise Finance-Food & Beverage Middle Market Commercial Banking
May 17
Chicago, United States
Capital One
Senior Relationship Manager, Franchise Finance-Food & Beverage Middle Market Commercial Banking As ... Makes habitual calls on prospective clients in order to generate high-quality new loan, deposit ...
Relationship Mgr III - Commercial Real Estate - Chicago, IL
Apr 26
Chicago, IL, USA
Associated Bank
The Relationship Manager will build deposits, loans, fee income,and as well as cross sell all bank ... Develop commercial real estate relationships by profiling and analyzing financial data to determine ...
Commercial Relationship Manager III, VP - Chicago, IL
Apr 10
Chicago, IL, USA
Associated Bank
The Relationship Manager will build deposits, loans, fee income and refer appropriate customers and prospects to all applicable cross-sell partners, including Commercial Deposits & Treasury ...
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.

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