Average Senior Credit Officer Salary in Australia

AU$65,658
Avg. SalaryShow Hourly Rate
AU$9,826
Bonus
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The average salary for a Senior Credit Officer in Australia is AU$65,658.
10%
AU$57k
MEDIAN
AU$66k
90%
AU$85k
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United States (change)
Salary
AU$57k - AU$85k
Bonus
AU$0 - AU$10k
Total Pay
AU$56k - AU$84k

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Job Description for Senior Credit Officer

Senior Credit Officer Tasks
  • Analyze financial information to determine credit quality, approve credit, and document risk factors.
  • Develop and document risk mitigation standards and processes.
  • Investigate and understand discrepancies, problems, and unusual situations.
  • Document and report on lending relationships' status and quality.
  • Direct due diligence and portfolio assessment practices, evaluating work.

Senior Credit Officer Job Listings

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Popular Skills for Senior Credit Officer

Skills in Credit Control, Bill Collections, Banking and Risk Management / Risk Control are correlated to pay that is above average.

Pay by Experience Level for Senior Credit Officer

An early career Senior Credit Officer with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of AU$69,495 based on 5 salaries. A mid-career Senior Credit Officer with 5-9 years of experience earns an average total compensation of AU$60,605 based on 13 salaries. An experienced Senior Credit Officer with 10-19 years of experience earns an average total compensation of AU$65,745 based on 25 salaries. In their late career (20 years and higher), employees earn an average total compensation of AU$64,549.
Employees with Senior Credit Officer in their job title in Sydney, New South Wales earn an average of 10.9% more than the national average. These job titles also find higher than average salaries in Perth, Western Australia (4.8% more). The lowest salaries can be found in Brisbane, Queensland (5.0% less) and Melbourne, Victoria (0.5% less).

Years of Experience

This data is based on 59 survey responses.
Early Career
8.5%
Mid Career
22.0%
Experienced
42.4%
Late Career
27.1%

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