Average Early-Career Senior Credit Officer Salary

$70,622
Avg. Salary
$10,000
Bonus
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The average salary for an Early-Career Senior Credit Officer is $70,622.
10%
$49k
10%
$71k
50%
$99k
90%
90%
MEDIAN $70,622
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United States (change)
Salary
$49k - $99k
Bonus
$1k - $20k
Total Pay
$49k - $108k

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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.

Career Paths

Explore the most common career paths for Senior 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.
Senior Credit Officer
Chief Credit Officer
Credit Analyst, Banking
Loan Officer, Commercial
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Senior Credit Officer Job Listings

Popular Skills for Senior Credit Officer

Skills in Financial Analysis, Risk Management / Risk Control, Loan Underwriting and Credit Control are correlated to pay that is above average.

Pay by Experience Level for Senior Credit Officer

A mid-career Senior Credit Officer with 5-9 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $88,853 based on 30 salaries. An experienced Senior Credit Officer with 10-19 years of experience earns an average total compensation of $109,691 based on 98 salaries. In their late career (20 years and higher), employees earn an average total compensation of $135,533.

Years of Experience

This data is based on 234 survey responses.
Mid Career
12.8%
Experienced
41.9%
Late Career
45.3%

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