How much does a Senior Credit Officer make in Rockford, IL? The average Senior Credit Officer salary in Rockford, IL is $235,101 as of March 26, 2024, but the range typically falls between $195,801 and $290,101. 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.

Senior Credit Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Senior Credit Officer Salary $160,020 Rockford,IL March 26, 2024
25th Percentile Senior Credit Officer Salary $195,801 Rockford,IL March 26, 2024
50th Percentile Senior Credit Officer Salary $235,101 Rockford,IL March 26, 2024
75th Percentile Senior Credit Officer Salary $290,101 Rockford,IL March 26, 2024
90th Percentile Senior Credit Officer Salary $340,176 Rockford,IL March 26, 2024
25% $195,801 10% $160,020 90% $340,176 75% $290,101 $235,101 50%(Median) Didn’t find job title? Click
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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)

Employers: Job Description Management Tool

Job Openings for Senior Credit Officer in Rockford, IL
  • Job Title. Credit Analyst / Senior Credit Analyst. Purpose. Responsible for processing credit requests and annual reviews in Chicago Diversified Portfolio....
    - 4 Days Ago
  • Sr. Program Officer-Foundation. Chicago, IL (Hybrid). The American Medical Association (AMA) is the nation's largest professional Association of physicians...
    - 1 Day Ago
  • It's More Than a Job, It's a Calling. Position: Public Safety Officer Sr. Location: Trinity Hospital. Chicago, IL. Full Time. 2nd Shift. ~Hours: 2pm-10pm. ...
    - 2 Days Ago
  • It's More Than a Job, It's a Calling. Position: Public Safety Officer Sr. Location: Christ Medical Center. Oak Lawn, IL. Full Time. 1st and 2nd Shifts Avai...
    - 2 Days Ago
  • It's More Than a Job, It's a Calling. Position: Public Safety Officer Sr. Location: Trinity hospital. Chicago, IL. (Southside Neighborhood). Full Time. 1st...
    - 2 Days Ago
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Senior Credit Officer in Rockford, IL. The base salary for Senior Credit Officer ranges from $195,801 to $290,101 with the average base salary of $235,101. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $226,101 to $381,901 with the average total cash compensation of $301,801.
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About Rockford, Illinois    Rockford is a city in Winnebago County in the U.S. state of Illinois, in far northern Illinois. Located on the banks of the Rock River, Rockford is t....More

Rockford, Illinois  area prices were up 1.3% from a year ago    View the Cost of Living in Rockford, Illinois

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