Chief Credit Officer Salary in Chicago, Illinois

Chief Credit Officer Salary in Chicago, IL

How much does a Chief Credit Officer make in Chicago, IL? The average Chief Credit Officer salary in Chicago, IL is $252,400 as of March 26, 2024, but the range typically falls between $210,200 and $311,500. 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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Chief Credit Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Chief Credit Officer Salary $171,779 Chicago,IL March 26, 2024
25th Percentile Chief Credit Officer Salary $210,200 Chicago,IL March 26, 2024
50th Percentile Chief Credit Officer Salary $252,400 Chicago,IL March 26, 2024
75th Percentile Chief Credit Officer Salary $311,500 Chicago,IL March 26, 2024
90th Percentile Chief Credit Officer Salary $365,307 Chicago,IL March 26, 2024
25% $210,200 10% $171,779 90% $365,307 75% $311,500 $252,400 50%(Median) Didn’t find job title? Click
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Check out Chief Credit Officer Job Openings in Chicago, Illinois

Chief Lending Officer

Prospera Credit Union - Appleton, WI

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Chief Credit Officer

The Schaaf Group - Bellevue, WA

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Chief Financial Officer (CFO)

AVA Law Group PLLC - Billings Metropolitan Area, MT

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Chief Credit Officer

Prime - Bodega Bay, CA

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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 2024 Salary.com)

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Job Openings for Chief Credit Officer in Chicago, IL
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Understand the total compensation opportunity for a Chief Credit Officer, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
210200
311500
252400

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
242700
410000
324000
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 Chicago, IL. The base salary for Chief Credit Officer ranges from $210,200 to $311,500 with the average base salary of $252,400. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $242,700 to $410,000 with the average total cash compensation of $324,000.
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210200
311500

 

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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    View the Cost of Living in Chicago, Illinois

Chief Credit Officer Salary in popular cities: Aurora, Rockford, Joliet

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