How much does a Chief Credit Officer make in the United States? The average Chief Credit Officer salary in the United States is $189,600 as of August 27, 2019, but the range typically falls between $154,200 and $234,800. 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. View the Cost of Living in Major Cities
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 2019 Salary.com)
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Includes base and annual incentives