Head of Credit Salary

Head of Credit Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Head of Credit Salary $117,892 US March 01, 2025
25th Percentile Head of Credit Salary $144,957 US March 01, 2025
50th Percentile Head of Credit Salary $174,685 US March 01, 2025
75th Percentile Head of Credit Salary $211,100 US March 01, 2025
90th Percentile Head of Credit Salary $244,253 US March 01, 2025
25% $144,957 10% $117,892 90% $244,253 75% $211,100 $174,685 50%(Median) Didn’t find job title? Click

How much does a Head of Credit earn in the United States?

As of March 01, 2025, a Head of Credit in the United States earns an average salary of $174,685 per year.
A Head of Credit's salary can be paid hourly, weekly or monthly depending on the company and job type. Most part-time jobs will be paid hourly or weekly. Using the salary calculator, the average pay comes out to be about $84 an hour, $3,359/week, or $14,557/month.
The average salary of a Head of Credit ranges from $144,957 to $211,100. The average salary range for a Head of Credit varies widely, which indicates that there are many opportunities for advancement, promotions, and salary increases. These opportunities depend on many factors, including skills, education, certifications, location, and years of experience.
According to job salary data displays, Head of Credit in District of Columbia and California are high in demand. Head of Credit in District of Columbia earn an average salary of $194,425 per year, which is $19,739(11.3%) more than the national average of $174,685. District of Columbia is ranked as the top salary of a Head of Credit nationwide.

What is the Average Head of Credit Salary by City?

Below is a list of the average salaries for a Head of Credit in 10 cities in the United States. We've identified 354 cities where the typical salary for a Head of Credit job is above the national average. The highest paying city for a Head of Credit is in San Jose, CA, and the average salary for a Head of Credit job is $219,230, which is higher than the national average.
This is followed by Santa Clara, CA and Fremont, CA in second and third places, which beat the national average by $44,545(25.5%) and $44,195(25.3%) respectively. In fourth place is Daly City, CA, which pays $43,671(25%), above the national average. San Francisco, CA, Oakland, CA and Berkeley, CA continue the rankings.
Based on the summary of average salaries paid by cities, the Head of Credit job market in San Jose, CA is relatively active with a higher-paying salary compared to other cities in the United States.
Finally, Head of Credit jobs pay differently based on the city, even if they are in the same state. The cost of living might be a key factor when considering the location and salary of a Head of Credit position.
CITY Annual Salary Monthly Pay Weekly Pay Hourly Wage
San Jose $219,230 $18,269 $4,216 $105
Santa Clara $219,230 $18,269 $4,216 $105
Fremont $218,881 $18,240 $4,209 $105
Daly City $218,357 $18,196 $4,199 $105
San Francisco $218,357 $18,196 $4,199 $105
Oakland $213,116 $17,760 $4,098 $102
Berkeley $213,116 $17,760 $4,098 $102
Hayward $212,767 $17,731 $4,092 $102
Union City $204,032 $17,003 $3,924 $98
West New York $204,032 $17,003 $3,924 $98

What Similar Jobs are Paid to Head of Credit in the U.S.?

There are 11 jobs that we find are related to the Head of Credit job category,these similar jobs include Head Of Credit Risk,Credit Manager,Credit Analysis Manager,Letter of Credit Officer,Credit Risk Manager,Vice President of Credit,Senior Credit Officer,Credit Documentation Specialist,Credit Card Operations Supervisor,Credit Card Operations Manager,and Head of Treasury.
All of these 11 jobs are paid between $59,834 to $351,800, and the Head of Treasury gets the highest paid with $351,800 from them. Those similar job salaries are paid differently by many factors such as company size, department base, responsibility, and others. If you're qualified to be hired for one of these similar jobs to the Head of Credit, you could refer to the below list of job salaries based on market prices in the United States.
JOB TITLE Annual Salary Monthly Pay Weekly Pay Hourly Wage
Head Of Credit Risk $157,826 $13,152 $3,035 $76
Credit Manager $120,200 $10,017 $2,312 $58
Credit Analysis Manager $120,182 $10,015 $2,311 $58
Letter of Credit Officer $66,313 $5,526 $1,275 $32
Credit Risk Manager $136,408 $11,367 $2,623 $66
Vice President of Credit $236,440 $19,703 $4,547 $114
Senior Credit Officer $236,501 $19,708 $4,548 $114
Credit Documentation Specialist $66,400 $5,533 $1,277 $32
Credit Card Operations Supervisor $59,834 $4,986 $1,151 $29
Credit Card Operations Manager $90,161 $7,513 $1,734 $43
Head of Treasury $351,800 $29,317 $6,765 $169