Senior Credit Officer Salary in the United States
Senior Credit Officer Salary
How much does a Senior Credit Officer make in the United States? The average Senior Credit Officer salary in the United States is $240,601 as of March 26, 2024, but the range typically falls between $200,401 and $297,001. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Senior Credit Officer Salary | $163,801 | US | March 26, 2024 |
| 25th Percentile Senior Credit Officer Salary | $200,401 | US | March 26, 2024 |
| 50th Percentile Senior Credit Officer Salary | $240,601 | US | March 26, 2024 |
| 75th Percentile Senior Credit Officer Salary | $297,001 | US | March 26, 2024 |
| 90th Percentile Senior Credit Officer Salary | $348,350 | US | March 26, 2024 |
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Job Description
The Senior 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 Senior 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, Senior Credit Officer may require an advanced degree. Typically reports to top management. The Senior 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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