Loan Manager Commercial Salary in Alabama - State Average

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Average Salary for Loan Manager Commercial in Alabama - State Average

The average salary of a(n) Loan Manager Commercial in Alabama - State Average is $123,387.

The average hourly rate of a(n) Loan Manager Commercial in Alabama - State Average is $59.32.

The average bonus of a(n) Loan Manager Commercial in Alabama - State Average is $11,808.00.

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 Loan Manager Commercial in Alabama - State Average

Commercial Banking Manager - Birmingham, AL

First Commercial Bank - B'ham

Considered technically competent in Commercial Banking; Monitors outstanding loans and the overall portfolio. Maintains close contact with the commercial credit...

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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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Bus Banking Relationship Manager (Birmingham Mkt BR (600) BUSBNK) - Birmingham, AL

IBERIABANK

Coordinates and attends loan closings. Verifies loan documents are complete and accurate according to approval....

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Regional Manager/Branch Manager/Team Leader - Birmingham, AL

US Mortgage Corporation

We also support Loan Officers by hiring them dedicated Loan Officer Assistants to allow our Sales force to stay at their highest and best use....

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Corporate Banking Group Hub Closing Specialist I - Birmingham, AL

Regions Bank

Ensures the loan is closed and funded per the loan approval and that supporting documentation conforms to loan approval and policy....

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