Credit Officer Salary at Velocitysba BETA

How much does a Velocitysba Credit Officer make?

As of March 2025, the average annual salary for a Credit Officer at Velocitysba is $211,894, which translates to approximately $102 per hour. Salaries for Credit Officer at Velocitysba typically range from $178,213 to $256,335, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

VelocitySBA Overview

Website:
velocitysba.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Financial Services

VelocitySBA is a nationwide SBA lender. Our dedicated team of highly experienced lending professionals understands the specific needs of business owners and their unique capital requirements. Unlike traditional banks, our focused approach to business lending quickly delivers the custom-tailored solutions that today's business community needs to succeed. For news and updates, be sure to follow us onFacebook andLinkedIn.

See similar companies related to Velocitysba

What Skills Does a person Need at Velocitysba?

At Velocitysba, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
  2. Problem Solving: Analyzing and identifying the root cause of problems and applying critical thinking skills to solve problems.
  3. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  4. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  5. Confidentiality: The process of and obligation to apply and enforce rules and practices that ensure that specific types of information are accessible only to those authorized to use it.

Related Jobs

Citigroup, Inc.
Los Angeles , CA

Citi's US Commercial Bank (CCB) is a rapidly growing business, targeting emerging, mid- and larger-sized companies with annual revenue generally from $100 million to $3 billion. To facilitate the CCB's wholesale lending activities, Commercial Lending Management (CLM) serves as an in-business credit function organized around our strategic industries and global target market approach. CLM plays a critical role of the client delivery model for the CCB, translating thought-leadership, industry and product expertise, and an end-to-end ownership of the credit relationship into best-in-class lending solutions. We are seeking a dynamic and motivated credit professional to join the US CLM Asset Based Finance team. The position reports directly to the CLM Asset Based Finance Head and will based in New York, NY. The CLM Credit Officer facilitates the end-to-end lending process for a covered industry vertical through a team of credit professionals. CLM is essential for the delivery of a wide range


Sponsored
3/30/2025 12:00:00 AM
Selby Jennings
Fontana , CA

About Us: Our client is a well-established private credit firm focused in a variety of industries. They recently had a new investment in their fund and are ready to deploy the new dry powder. Job Description: With anticipation a storng pipeline, our client is looking for an Analyst who can assist the Partners in due diligence and underwriting these new deals. Responsibilities: Conduct thorough credit analysis and due diligence on potential private credit investments. Evaluate financial statements, industry trends, and economic conditions to assess creditworthiness. Develop and maintain financial models to forecast cash flows and assess risk. Monitor existing investments and provide ongoing analysis and reporting. Qualifications: Bachelor's degree in Finance, Economics, Accounting, or related field. 3+ years of experience in credit analysis, investment banking, or related field. Strong analytical skills and attention to detail. Proficiency in financial modeling and valuation techniques.


Sponsored
3/29/2025 12:00:00 AM
City National Bank
Los Angeles , CA

**CREDIT OFFICER SENIOR-SPECIALTY BANKING** **WHAT IS THE OPPORTUNITY?** Participates in the loan management process by providing credit and loan underwriting expertise to the cash flow lending/leveraged finance group within Specialty Banking. Analyzes prospective loan transactions and credit worthiness of borrowers. Validates the credit analysis prepared by the Credit Analysts and provides opinions and recommendations regarding proposed credit and potential risks. Ensures all due diligence and background evaluation is complete and thorough before Credit Risk Recommendation ("CRR") is submitted. **What you will do** + Reviews loan requests, historical financial information, cash flow projections and third party reporting (e.g., Quality of Earnings Reports, Environmental reports, cash flow projections, industry analysis, etc); evaluates and determines credit structure and terms; fully underwrites CRR consistent with Bank format, policies and procedures; determines sources and uses of fu


Sponsored
3/29/2025 12:00:00 AM
Selby Jennings
Riverside , CA

About Us: Our client is a well-established private credit firm focused in a variety of industries. They recently had a new investment in their fund and are ready to deploy the new dry powder. Job Description: With anticipation a storng pipeline, our client is looking for an Analyst who can assist the Partners in due diligence and underwriting these new deals. Responsibilities: Conduct thorough credit analysis and due diligence on potential private credit investments. Evaluate financial statements, industry trends, and economic conditions to assess creditworthiness. Develop and maintain financial models to forecast cash flows and assess risk. Monitor existing investments and provide ongoing analysis and reporting. Qualifications: Bachelor's degree in Finance, Economics, Accounting, or related field. 3+ years of experience in credit analysis, investment banking, or related field. Strong analytical skills and attention to detail. Proficiency in financial modeling and valuation techniques.


Sponsored
3/29/2025 12:00:00 AM
Selby Jennings
Fontana , CA

About Us: Our client is a well-established private credit firm focused in a variety of industries. They recently had a new investment in their fund and are ready to deploy the new dry powder. Job Description: With anticipation a storng pipeline, our client is looking for an Analyst who can assist the Partners in due diligence and underwriting these new deals. Responsibilities: Conduct thorough credit analysis and due diligence on potential private credit investments. Evaluate financial statements, industry trends, and economic conditions to assess creditworthiness. Develop and maintain financial models to forecast cash flows and assess risk. Monitor existing investments and provide ongoing analysis and reporting. Qualifications: Bachelor's degree in Finance, Economics, Accounting, or related field. 3+ years of experience in credit analysis, investment banking, or related field. Strong analytical skills and attention to detail. Proficiency in financial modeling and valuation techniques.


Sponsored
3/28/2025 12:00:00 AM
Selby Jennings
Riverside , CA

About Us: Our client is a well-established private credit firm focused in a variety of industries. They recently had a new investment in their fund and are ready to deploy the new dry powder. Job Description: With anticipation a storng pipeline, our client is looking for an Analyst who can assist the Partners in due diligence and underwriting these new deals. Responsibilities: Conduct thorough credit analysis and due diligence on potential private credit investments. Evaluate financial statements, industry trends, and economic conditions to assess creditworthiness. Develop and maintain financial models to forecast cash flows and assess risk. Monitor existing investments and provide ongoing analysis and reporting. Qualifications: Bachelor's degree in Finance, Economics, Accounting, or related field. 3+ years of experience in credit analysis, investment banking, or related field. Strong analytical skills and attention to detail. Proficiency in financial modeling and valuation techniques.


Sponsored
3/28/2025 12:00:00 AM
Selby Jennings
Anaheim , CA

About Us: Our client is a well-established private credit firm focused in a variety of industries. They recently had a new investment in their fund and are ready to deploy the new dry powder. Job Description: With anticipation a storng pipeline, our client is looking for an Analyst who can assist the Partners in due diligence and underwriting these new deals. Responsibilities: Conduct thorough credit analysis and due diligence on potential private credit investments. Evaluate financial statements, industry trends, and economic conditions to assess creditworthiness. Develop and maintain financial models to forecast cash flows and assess risk. Monitor existing investments and provide ongoing analysis and reporting. Qualifications: Bachelor's degree in Finance, Economics, Accounting, or related field. 3+ years of experience in credit analysis, investment banking, or related field. Strong analytical skills and attention to detail. Proficiency in financial modeling and valuation techniques.


Sponsored
3/28/2025 12:00:00 AM
Selby Jennings
San Bernardino , CA

About Us: Our client is a well-established private credit firm focused in a variety of industries. They recently had a new investment in their fund and are ready to deploy the new dry powder. Job Description: With anticipation a storng pipeline, our client is looking for an Analyst who can assist the Partners in due diligence and underwriting these new deals. Responsibilities: Conduct thorough credit analysis and due diligence on potential private credit investments. Evaluate financial statements, industry trends, and economic conditions to assess creditworthiness. Develop and maintain financial models to forecast cash flows and assess risk. Monitor existing investments and provide ongoing analysis and reporting. Qualifications: Bachelor's degree in Finance, Economics, Accounting, or related field. 3+ years of experience in credit analysis, investment banking, or related field. Strong analytical skills and attention to detail. Proficiency in financial modeling and valuation techniques.


Sponsored
3/28/2025 12:00:00 AM

Check more jobs information at Velocitysba

Job Title Average Velocitysba Salary Hourly Rate
2 Director of Software Engineering $193,677 $93
3 Director, Finance $174,089 $84
4 Manager, Digital Marketing $112,476 $54
5 Regional Credit Manager $97,494 $47
6 Credit Administrator $63,686 $31
7 Vice President, Operations $282,796 $136
8 Assistant Vice President $56,385 $27
9 Closing Officer $39,536 $19
10 Senior Vice President $190,196 $91

Hourly Pay at Velocitysba

The average hourly pay at Velocitysba for a Credit Officer is $102 per hour. The location, department, and job description all have an impact on the typical compensation for Velocitysba positions. The pay range and total remuneration for the job title are shown in the table below. Velocitysba may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $211,894 look to you?

FAQ about Salary and Jobs at Velocitysba

1. How much does Velocitysba pay per hour?
The average hourly pay is $102. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Velocitysba?
According to the data, the highest approximate salary is about $256,335 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Velocitysba?
According to the data, the lowest estimated salary is about $178,213 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.