Chief Credit Officer Salary in the United States

Chief Credit Officer Salary

How much does a Chief Credit Officer make in the United States? The average Chief Credit Officer salary in the United States is $195,600 as of December 28, 2020, but the range typically falls between $159,200 and $242,300. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Salary Salary + Bonus Benefits
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25% $159,200 10% $126,060 90% $284,818 75% $242,300 $195,600 50%(Median)

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Job Description

The Chief Credit Officer is responsible for creating and implementing policies regarding the review of customers credit history and the granting and/or extension of credit lines. Leads the overall credit function. Being a Chief Credit Officer may lead a loan review or other internal committee that has oversight on credit policy. Ensures that research of credit worthiness is effective and complies with all applicable laws and regulations. In addition, Chief Credit Officer may require an advanced degree. Typically reports to top management. The Chief Credit Officer manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2021 Salary.com)

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Average Base Salary

Core compensation

 
 
 
159200
242300
195600

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
186700
334100
246000
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Credit Officer in the United States. The base salary for Chief Credit Officer ranges from $159,200 to $242,300 with the average base salary of $195,600. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $186,700 to $334,100 with the average total cash compensation of $246,000.
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159200
242300

 

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Salary estimation for Chief Credit Officer at companies like : AXIM BIOTECHNOLOGIES INC, CEL SCI CORP, MANNATECH INC