A person working as a Director Of Commercial Lending in NewZealand will on average earn $116603 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $116,603.00 |
| Weekly salary | $2,242.37 |
| Daily salary | $319.46 |
| Hourly salary | $39.93 |
This means director of commercial lending salary is above average!
Job Industry: banking
Description: The Director of Commercial Lending is responsible for overseeing and managing the commercial lending department within a financial institution. They are in charge of developing and implementing lending strategies, policies, and procedures to ensure the growth and profitability of the commercial lending portfolio. This role involves identifying potential borrowers, conducting credit analysis, and approving loan applications. The Director of Commercial Lending also collaborates with other departments to cross-sell products and services, manages relationships with existing clients, and ensures compliance with regulatory requirements. They provide leadership and guidance to the lending team, monitor loan performance, and make recommendations for risk management and portfolio diversification. This position requires strong analytical skills, knowledge of commercial lending practices, excellent communication and negotiation abilities, and the ability to build and maintain relationships with clients.
Tagged with: Director, Commercial Lending, Financial Institution, Loan Portfolio, Credit Analysis, Risk Management.