Commercial Banking Manager Salary in Chicago, IL

How much does a Commercial Banking Manager make in Chicago, IL?

As of April 01, 2025, the average annual salary for a Commercial Banking Manager in Chicago, IL is $185,079. According to Salary.com, salaries can range from a low of $135,440 to a high of $240,341, with most professionals earning between $159,096 and $214,005.

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Salary range for a Commercial Banking Manager

$159,096 to $214,005

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Commercial Banking Manager

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Job Openings for Commercial Banking Manager in Chicago, IL

What does a Commercial Banking Manager do?

Common responsibilities of a Commercial Banking Manager

Participate in joint calls/meetings with business partners within the bank to develop customer relationships and support specific product sales across business lines.

July 14, 2022

Assists with accurate, effective and proactive risk management programs such as LOB wide compliance/audit findings, tracking and reporting, risk assessments, risk management program that supports key, long-term initiatives.

January 30, 2023

Requires a thorough knowledge of commercial lending, CRE and deposit products, policies and procedures and must have the ability to use sound judgment.

March 03, 2023

Manages the assigned portfolio by monitoring performance and trends, proactively defining client credit solutions, identifying issues and developing remediation, underwriting and approving credit as designated.

March 16, 2023

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Commercial Banking Manager Salary By Experience Levels in Chicago, IL

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Commercial Banking Manager Salary By Level of Education in Chicago, IL

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LEVEL OF EDUCATION

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Average Salary Range for Commercial Banking Manager in Chicago, IL

Average Base Salary

Core compensation

159096

214005

185079

Average Total Cash Compensation

Includes base and annual incentives

180538

259730

211855

What is the average salary for Commercial Banking Manager in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Banking Manager in Chicago, IL. The base salary for Commercial Banking Manager ranges from $159,096 to $214,005 with the average base salary of $185,079. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $180,538 to $259,730 with the average total cash compensation of $211,855.

View Average Salary for Commercial Banking Manager as table

	Average Salary	Average Salary Range
Base Salary	$185,079	$159,096 - $214,005
Bonus	$26,775	$21,442 - $45,725
Total Pay	$211,855	$180,538 - $259,730

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Commercial Banking Manager Salary Near Chicago, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicago, IL
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $159,096 - $214,005	COMPARE TO Chicago, IL 0%
CITY, STATE Oak Park, IL	AVERAGE SALARY RANGE $159,096 - $214,005	COMPARE TO Chicago, IL 0%
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $158,911 - $213,757	COMPARE TO Chicago, IL
CITY, STATE Evanston, IL	AVERAGE SALARY RANGE $159,034 - $213,923	COMPARE TO Chicago, IL
CITY, STATE Skokie, IL	AVERAGE SALARY RANGE $159,034 - $213,923	COMPARE TO Chicago, IL
CITY, STATE Arlington Heights, IL	AVERAGE SALARY RANGE $155,771 - $209,532	COMPARE TO Chicago, IL

See salaries for Commercial Banking Manager in locations close to Chicago, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Chicago, Illinois

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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The Commercial Banking Manager job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Chicago, IL that might be a good fit for the type of job and salary you are looking for.

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159096

214005

About Chicago, Illinois Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois area prices were up 0.8% from a year ago

Commercial Banking Manager Salary in popular cities: Aurora, Rockford, Joliet

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role