Letter of Credit Officer Salary in New Jersey

How much does a Letter of Credit Officer make in New Jersey? The average Letter of Credit Officer salary in New Jersey is $64,504 as of October 30, 2019, but the range typically falls between $50,655 and $76,340. 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.

Salary range for a Letter of Credit Officer
$50,655 to $76,340
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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 2019 Salary.com)

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $66,627 Date Updated October 30, 2019
Location Bergenfield, NJ Avg. Salary $67,211 Date Updated October 30, 2019
Location Bloomfield, NJ Avg. Salary $67,269 Date Updated October 30, 2019
Location East Brunswick, NJ Avg. Salary $67,596 Date Updated October 30, 2019
Location Hoboken, NJ Avg. Salary $70,595 Date Updated October 30, 2019
Location Irvington, NJ Avg. Salary $66,627 Date Updated October 30, 2019
Location Lakewood, NJ Avg. Salary $66,451 Date Updated October 30, 2019
Location Middlesex, NJ Avg. Salary $65,461 Date Updated October 30, 2019
Location Passaic, NJ Avg. Salary $67,269 Date Updated October 30, 2019
Location Union, NJ Avg. Salary $66,627 Date Updated October 30, 2019
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