Letter of Credit Officer Salary in District of Columbia

How much does a Letter of Credit Officer make in District of Columbia? The average Letter of Credit Officer salary in District of Columbia is $65,222 as of January 20, 2020, but the range typically falls between $51,215 and $77,187. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

25% $51,215 10% $38,462 90% $88,080 75% $77,187 $65,222 50%(Median)
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Job Description

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)

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Location Avg. Salary Date Updated
Location Naval Anacost Annex, DC Avg. Salary $64,894 Date Updated January 20, 2020
Location Parcel Return Service, DC Avg. Salary $64,894 Date Updated January 20, 2020
Location Washington, DC Avg. Salary $64,894 Date Updated January 20, 2020
Location Washington Navy Yard, DC Avg. Salary $64,894 Date Updated January 20, 2020
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