Commercial Loan Manager Salary in District of Columbia - District Average

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Average Salary for Commercial Loan Manager in District of Columbia - District Average

The average salary of a(n) Commercial Loan Manager in District of Columbia - District Average is $146,996.

The average hourly rate of a(n) Commercial Loan Manager in District of Columbia - District Average is $70.67.

The average bonus of a(n) Commercial Loan Manager in District of Columbia - District Average is $14,068.00.

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 District of Columbia - District Average

Senior Asset Manager, Development - Washington, DC

Madison Marquette

Prepare loan package. Financing and loan administration. Daily interface with construction manager, director of lease up effort, resource to on-site team....

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Manager of Loan Operations - Alexandria, VA

Burke & Herbert Bank and Trust

MANAGER OF LOAN OPERATIONS. The Loan Operations Manager is responsible for the overall loan operations management and oversight of the consumer and commercial...

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Commercial & Industrial Portfolio Manager - Washington, DC

EagleBank

Works with Relationship Manager to assist with new loan transactions. Assists Relationship Manager in managing portion of overall loan portfolio including new...

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Commerical Real Estate Credit Risk Manager - McLean, VA

Freddie Mac

Commercial real estate/multifamily underwriting and or portfolio risk management. 8+ years of related experience with multi-family or commercial real estate....

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Commercial Real Estate Portfolio Manager - Bethesda, MD

EagleBank

Creates loan request memorandums for new loans, modifications and renewals. Assist in the management of the loan portfolio of one or more Relationship Managers....

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