How much does a Letter of Credit Officer make in the United States? The average Letter of Credit Officer salary in the United States is $58,925 as of April 27, 2020, but the range typically falls between $46,274 and $69,737. 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.
Letter of Credit Officer obtains necessary information to process and complete letters of credit and related financial transactions. Verifies all documentation for accuracy and completeness. Being a Letter of Credit Officer ensures all credit data is evaluated and adheres to bank policies and procedures in order to approve or deny applications. Provides support to lending officers and trade specialists. Additionally, Letter of Credit Officer may require a bachelor's degree. Typically reports to a manager or head of a unit/department. The Letter of Credit Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Letter of Credit Officer typically requires 2 to 4 years of related experience. (Copyright 2020 Salary.com)... View full job description
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operating... More
LTC PROPERTIES INC
Fiscal Year Ended in 2018
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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 Letter of Credit Officer in the United States. The base salary for Letter of Credit Officer ranges from $46,274 to $69,737 with the average base salary of $58,925. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,701 to $77,384 with the average total cash compensation of $59,928.