Commercial Loan Manager Salary in Alabama - State Average

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Average Salary for Commercial Loan Manager in Alabama - State Average

The average salary of a(n) Commercial Loan Manager in Alabama - State Average is $123,215.

The average hourly rate of a(n) Commercial Loan Manager in Alabama - State Average is $59.24.

The average bonus of a(n) Commercial Loan Manager in Alabama - State Average is $11,792.00.

Job 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. Authorizes loans that exceed staff authority. Provides subordinate officers with functional guidance. Reviews loan applications for completeness. Analyzes applicant's financial status, credit, and property evaluation to determine feasibility of granting loan request. May correspond with or interview applicants or creditors to resolve questions regarding application. Contacts customers, businesses, and community and civic organizations to promote goodwill and generate new business. May prepare financial and regulatory reports required by law, regulations, and Board of Directors. May examine and evaluate loan applications. May interview and hire workers. May evaluate data pertaining to costs to plan budget. May plan and develop methods and procedures for carrying out activities of department. Less

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:... More

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Results for Commercial Loan Manager in Alabama - State Average

BLC Loan Processor I-IV - Homewood, AL

BBVA Compass

Prepare loan documents and coordinate closings for commercial real estate loans. Greater than 6 months experience with commercial loan documentation and...

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Commercial Relationship Manager - Birmingham, AL

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Reviews documentation to properly close commercial related loans. Analyzes, reviews, and underwrites loan requests including highly complex loans of various...

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Private Banking Relationship Manager (Birmingham Mkt BR (600) PRIVAT) - Birmingham, AL

IBERIABANK

Consumer, business banking and commercial. ROLES AND RESPONSIBILITIES - LOAN ORIGINATION PROCESSES. Independently able to structure loans (term, covenants,...

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Corp Banking Mgr III - Birmingham, AL

BBVA Compass

Prefer formal credit and/or commercial loan training. Oversees Corporate Relationship Managers as they prepare loan packages for approval....

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Grandbridge Transaction Manager - Birmingham, AL

BB&T

Research and identify customers that need income producing commercial real estate loans. Five years of experience in a commercial real estate mortgage loan...

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