Letter of Credit Associate Salary in the United States
How Much Does a Letter of Credit Associate make?
Letter of Credit Associate made a median salary around $52,093 in December, 2024.
The best-paid 25 percent made $58,862 probably that year, while the lowest-paid 25 percent made around $46,460.
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.
Check out
Letter of Credit Associate
jobs in
Columbus, Ohio
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Best-Paying Cities for Letter of Credit Associate
The metropolitan areas that pay the highest salary in the Letter of Credit Associate profession are San Jose
, San Francisco
, Oakland
, New York
, Queens Village
.
| San Jose, CA | $65,377 |
| San Francisco, CA | $65,117 |
| Oakland, CA | $63,554 |
| New York, NY | $60,845 |
| Queens Village, NY | $60,428 |
Best-Paying States for Letter of Credit Associate
The states and districts that pay Letter of Credit Associate the highest salary are District of Columbia (around $57,980)
, California (around $57,459)
, New Jersey (around $57,094)
, Alaska (around $56,730)
, and Massachusetts (around $56,678)
.
| District of Columbia | $57,980 |
| California | $57,459 |
| New Jersey | $57,094 |
| Alaska | $56,730 |
| Massachusetts | $56,678 |
What is the Career Path of Letter of Credit Associate?
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 Associate, the upper level is
Credit and Collections Representative III
, and then progresses to Credit and Collections Manager
Besides, Letter of Credit Associate can also turn to other related jobs, including
Letter Of Credit Specialist
,
Letter of Credit Officer
,
Banking Letter Of Credit Examiner
and
Credit Associate
.
Frequently Asked Questions for Letter of Credit Associate
Q:
What is the salary range of Letter of Credit Associate?
A:
In 2024
, the lowest-paid Letter of Credit Associate earned an average annual salary of $46,460
, while the highest-paid made $58,862.
Q:
What is the salary for a Letter of Credit Associate in California?
A:
Letter of Credit Associate employed in California earned an average salary of $57,459 in 2024.
Average Letter of Credit Associate Pay vs. Other Jobs
Letter of Credit Associate earned an average salary of $52,093 in 2024.
Other jobs related to Letter of Credit Associate earned the following average salary in December, 2024.
Letter Of Credit Specialist
made $48,166
,
Letter of Credit Officer
made $65,907
,
Banking Letter Of Credit Examiner
and
Credit Associate
made $59,410
and $42,974 respectively
.
Relevant Jobs of Letter of Credit Associate
There is currently no job description for Letter Of Credit Specialist, be the first to
submit
the job responsibilities for Letter Of Credit Specialist.
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.
There is currently no job description for Banking Letter Of Credit Examiner, be the first to
submit
the job responsibilities for Banking Letter Of Credit Examiner.
There is currently no job description for Credit Associate, be the first to
submit
the job responsibilities for Credit Associate.
There is currently no job description for Credit & Collections Associate, be the first to
submit
the job responsibilities for Credit & Collections Associate.