Vice President (VP), Credit Salary
|Salary||$78,284 - $148,417|
|Bonus||$2,936 - $36,241|
|Total Pay (||$79,065 - $166,000|
Job Description for Vice President (VP), Credit
- 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.
- Monitor existing portfolio and make recommendations to management.
- Assess and evaluate new credits before submitting them to management.
Vice President (VP), Credit Job Listings
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Popular Skills for Vice President (VP), Credit
Typical VPs of Credit report a focused set of job skills. Most notably, skills in Loan Underwriting, Risk Management / Risk Control, Financial Analysis, and Credit Control are correlated to pay that is above average. At the other end of the pay range are skills like Credit Control and Financial Analysis. Most people who know Financial Analysis also know Loan Underwriting.
Pay by Experience Level for Vice President (VP), Credit
Median of all compensation (including tips, bonus, and overtime) by years of experience.
The average inexperienced employee pulls down a cushy six-figure sum; the median salary for people claiming fewer than five years of experience is $102K. On average, VPs of Credit make $132K following one to two decades on the job. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $113K.
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Key Stats for Vice President (VP), Credit
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