As of February 01, 2025, the average annual salary for a Letter of Credit Officer in Jackson, TN is $61,545. Salary.com reports that pay typically ranges from $48,334 to $72,806, with most professionals earning between $36,307 and $83,059.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $78,286 | $6,524 | $1,506 | $38 |
| Average | $66,177 | $5,515 | $1,273 | $32 |
| 25th Percentile | $51,972 | $4,331 | $999 | $25 |
An entry-level Letter of Credit Officer with under 1 year experience makes about $56,735. With less than 2 years of experience, a mid-level Letter of Credit Officer makes around $57,127. After 2-4 years, the Letter of Credit Officer pay rises to about $61,872. Those senior Letter of Credit Officer with 5-8 years of experience earn roughly $66,541, and those Letter of Credit Officer having 8 years or more experience are expected to earn about $66,875 on average.
| Levels | Salary |
|---|---|
| Entry Level Letter of Credit Officer | $56,735 |
| Intermediate Level Letter of Credit Officer | $57,127 |
| Senior Level Letter of Credit Officer | $61,872 |
| Specialist Level Letter of Credit Officer | $66,541 |
| Expert Level Letter of Credit Officer | $66,875 |
| Entry Level | 14% |
| Mid Level | 14% |
| Senior Level | 7% |
| Top Level | 1% |
| Experienced | 1% |
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