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Commercial Lender in Boston, MA

Commercial Lender Job Description

Banks seek commercial lenders who have excellent networking and business development skills. Candidates must be able to work closely with cash management, treasury, specialty finance and other areas of the bank to promote cross sales. Candidates should have a demonstrated knowledge of commercial lending policies and procedures. Banks also look for professionals possessing strong interpersonal, analytical and organizational abilities. The ideal candidate will have at least two years of experience in commercial banking credit analysis. This position requires a bachelor’s degree, ideally in finance or accounting or an equivalent major. Some specialty commercial lending positions may require a master’s degree.

Typical commercial lender duties:

Preparing credit proposals for business loans and capital fundingReviewing loan closing and funding activitiesDeveloping new businessInterviewing applicants and researching credit historiesConstructing loan packages, loan structures, costs and fees, and loan repayment options and termsVerifying information on loan agreementsManaging loan workouts

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Salary for Commercial Lender in Boston, MA
99085 - 139983
25th percentile
99085
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
119368
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
139983
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Managing Director/Partner – Banking and Financial Markets 236408 283955 338485 Vice President – Banking and Financial Markets 180215 222110 258353 Banking and Financial Markets Associate 120033 152950 171238 Banking and Financial Markets Analyst 80465 102743 117040 Business Development Officer 128678 162925 194513 Portfolio Manager 139650 169908 206815 Banker 89110 108728 129675 Credit Analyst, 5+ Years’ Experience 100415 122360 145303 Credit Analyst, 3-5 Years’ Experience 78138 95095 109725 Credit Analyst, 1-3 Years’ Experience 67165 81795 105070 Explore More Salaries

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