The average pay for a Vice President (VP), Credit is $102,843 per year. Most people in this job have more than five years' experience in related jobs.
Vice President (VP), Credit Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$74,445 - $138,799
(Median)
74K
88K
100K
120K
140K
MEDIAN: $102,842
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60K$120K$180K
Salary
$74,445 - $138,799  
   
Bonus
$2,576 - $30,813  
Profit Sharing
$4,000 - $14,483  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$77,039 - $158,400  
PayScale
Country: United States | Currency: USD | Updated: 20 Apr 2014 | Individuals Reporting: 102
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Job Description for Vice President (VP), Credit
  • Monitor existing portfolio and make recommendations to management.
  • Assess and evaluate new credits before submitting them to management.
  • Assist the Chief Credit Officer in monitoring for and managing credit risk within the bank's lending activities.
  • Provide feedback to lenders and assist in deal discussions to mediate issues.
Related Job Salaries

Experience Affects Vice President (VP), Credit Salaries

Late-Career
up arrow 11%
Experienced
up arrow 4%
National Average
$116,000
Mid-Career
up arrow 3%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 33 votes.
Gender
Female
31%
female alumni
 
Male
69%
male alumni
Years of Experience
1-4 years
5%
5-9 years
23%
10-19 years
38%
20 years or more
34%
Common Health Benefits
medical benefits Medical: 97% dental benefits Dental: 83%
vision benefits Vision: 76% employee benefits None: 2%
Find Out Exactly What You Should Be Paid
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