Letter of Credit Officer Salary in North Adams, Massachusetts

Letter of Credit Officer Salary in North Adams, MA

How much does a Letter of Credit Officer make in North Adams, MA? The average Letter of Credit Officer salary in North Adams, MA is $66,511 as of April 24, 2024, but the range typically falls between $52,234 and $78,685. 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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Letter of Credit Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Letter of Credit Officer Salary $39,236 North Adams,MA April 24, 2024
25th Percentile Letter of Credit Officer Salary $52,234 North Adams,MA April 24, 2024
50th Percentile Letter of Credit Officer Salary $66,511 North Adams,MA April 24, 2024
75th Percentile Letter of Credit Officer Salary $78,685 North Adams,MA April 24, 2024
90th Percentile Letter of Credit Officer Salary $89,769 North Adams,MA April 24, 2024
25% $52,234 10% $39,236 90% $89,769 75% $78,685 $66,511 50%(Median) Didn’t find job title? Click
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Commercial Credit Officer

Rockland Trust - Brockton, MA

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Chief Credit Officer

Nonprofit Finance Fund - Boston, MA

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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 2024 Salary.com)... View full job description

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Job Openings for Letter of Credit Officer in North Adams, MA
  • Rockland Trust - Brockton, MA
    The Commercial Credit Officer (CCO) is a credit orientated role as well as a personnel management and leadership role. Under the direction and review of th...
    - 1 Day Ago
  • Disability Solutions - Boston, MA
    Job Description. At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsib...
    - 3 Days Ago
  • The Symicor Group - Boston, MA
    Sr. Credit Officer - To $170K - Boston, MA - Job # 3191. Who We Are. The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Ro...
    - 1 Day Ago
  • Nonprofit Finance Fund - Boston, MA
    Position Reports to. Chief Executive Officer. Location. Preference is for the position to be in commutable distance to one of NFF's office locations which ...
    - 3 Days Ago
  • Berkshire Residential Investments - Boston, MA
    Berkshire Residential Investments is a people-first real estate investment company who values not only the impact we make as a company, but the time we spe...
    - 5 Days Ago

Career Path for Letter of Credit Officer

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Letter of Credit Officer, the upper level is Credit Risk Officer III and then progresses to Credit Risk Manager.

Letter of Credit Officer
Credit Risk Officer III
Credit Risk Manager
Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC PROPERTIES INC
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's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Letter of Credit Officer Pay Difference by Location

Letter of Credit Officer salary varies from city to city. Compared with national average salary of Letter of Credit Officer, the highest Letter of Credit Officer salary is in San Francisco, CA, where the Letter of Credit Officer salary is 25.0% above. The lowest Letter of Credit Officer salary is in Miami, FL, where the Letter of Credit Officer salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Understand the total compensation opportunity for a Letter of Credit Officer, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
52234
78685
66511

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
52717
87345
67643
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 North Adams, MA. The base salary for Letter of Credit Officer ranges from $52,234 to $78,685 with the average base salary of $66,511. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $52,717 to $87,345 with the average total cash compensation of $67,643.
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52234
78685

 

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About North Adams, Massachusetts    According to the United States Census Bureau, North Adams has a total area of 20.6 square miles (53.4 km2), of which 20.3 square miles (52.7 km2) is l....More

North Adams, Massachusetts  area prices were up 1.6% from a year ago    View the Cost of Living in North Adams, Massachusetts

Letter of Credit Officer Salary in popular cities: Boston, Worcester, Springfield

Skills associated with Letter of Credit Officer: Banking Software, Export Regulatory Compliance, Credit Verification, Risk Identification Model ...More

Jobs with a similar salary range to Letter of Credit Officer : Credit Officer, Tax Credit

Salary estimation for Letter of Credit Officer at companies like : Exostone Group LLC, Bronson Methodist Hospital, Amy Gould Architect AIA

Jobs with a similar salary range to Letter of Credit Officer : Army Recruiter