How much does a Letter of Credit Officer make in Minneapolis, MN? The average Letter of Credit Officer salary in Minneapolis, MN is $63,860 as of March 29, 2021, but the range typically falls between $50,152 and $75,562. 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. 

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25% $50,152 10% $37,672 90% $86,217 75% $75,562 $63,860 50%(Median)
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Check out Letter of Credit Officer jobs in Minneapolis, Minnesota

Chief Credit Officer

Timothy Jon & Associates - Minneapolis, MN

Federal Reserve Law Enforcement Officer I/II

Federal Reserve Bank of Richmond - Minneapolis, MN

Vice President & Enterprise Quality Officer

Bright Health - Minneapolis, MN

Job Description for Letter of Credit Officer

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 2021 Salary.com)... View full job description

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Job Openings for Letter of Credit Officer in Minneapolis, MN

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Pamela J. Shelley-Kessler, Executive Vice President, Chief Financial Officer and Corporate Secretary
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
Fiscal Year Ended in 2019
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Average Base Salary

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50152
75562
63860

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
50614
83846
64946
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 Minneapolis, MN. The base salary for Letter of Credit Officer ranges from $50,152 to $75,562 with the average base salary of $63,860. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $50,614 to $83,846 with the average total cash compensation of $64,946.
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50152
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About Minneapolis, Minnesota    Minneapolis (/ˌmɪniˈæpəlɪs/ (listen)) is the county seat of Hennepin County and the larger of the Twin Cities, the 16th-largest metropolitan area in t....More

Minneapolis, Minnesota  area prices were up 1.4% from a year ago    View the Cost of Living in Minneapolis, Minnesota

Letter of Credit Officer Salary in popular cities: Saint PaulRochesterDuluth

Skills associated with Letter of Credit Officer: Risk Assessment, Risk Analysis, Export Regulatory Compliance, Banking Software ...More

Salary estimation for Letter of Credit Officer at companies like : FS BANCORP INC, HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC

Jobs with a similar salary range to Letter of Credit Officer : Assistant Project Engineer