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Average Chief Credit Officer Salary

$132,123
Avg. SalaryShow Hourly Rate
$14,950
Bonus
$12,032
Profit Sharing
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The average salary for a Chief Credit Officer is $132,123.
10%
$82k
MEDIAN
$132k
90%
$198k
Is Chief Credit Officer your job title? Find out what you should be paid
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Salary
$82k - $198k
Bonus
$5k - $41k
Profit Sharing
$5k - $50k
Total Pay
$88k - $224k
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What Do Chief Credit Officers Do?

Chief Credit Officer Tasks
  • Utilize an established network of contacts to initiate, lead, and negotiate business transactions for long and short-term credit loans.
  • Provide recommendations for policy revisions and advise lending management on potential risk.
  • Ensure compliance with regulations, credit delivery systems, and reporting credit related activities.
  • Direct the credit division and oversee loan portfolios with an eye for risk management.

Job Satisfaction for Chief Credit Officer

4.2 out of 5
(29)
Highly Satisfied
1Review

Career Paths

Explore the most common career paths for Chief Credit Officer. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Chief Credit Officer
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Chief Credit Officer Job Listings

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What Are Popular Skills for Chief Credit Officers?

Skills in Risk Management / Risk Control, Leadership and Commercial Loans are correlated to pay that is above average. Skills that pay less than market rate include Financial Analysis and Credit Control.

What is the Pay by Experience Level for Chief Credit Officers?

An early career Chief Credit Officer with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $96,984 based on 11 salaries. A mid-career Chief Credit Officer with 5-9 years of experience earns an average total compensation of $104,805 based on 20 salaries. An experienced Chief Credit Officer with 10-19 years of experience earns an average total compensation of $125,881 based on 54 salaries. In their late career (20 years and higher), employees earn an average total compensation of $144,108.
Employees with Chief Credit Officer in their job title in New York, New York earn an average of 48.7% more than the national average. These job titles also find higher than average salaries in Minneapolis, Minnesota (30.5% more) and Dallas, Texas (4.4% more). The lowest salaries can be found in Los Angeles, California (7.7% less), Richmond, Virginia (5.4% less) and Miami, Florida (1.5% less).

Years of Experience

This data is based on 215 survey responses.
Early Career
5.1%
Mid Career
9.3%
Experienced
25.1%
Late Career
60.5%

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