Average Mid-Career Senior Credit Officer with Risk Management / Risk Control Skills Salary

$90,487
Avg. Salary
$11,000
Bonus
$34,392
Profit Sharing
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The average salary for a Mid-Career Senior Credit Officer with Risk Management / Risk Control skills is $90,487.
10%
$66k
10%
$90k
50%
$143k
90%
90%
MEDIAN $90,487
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United States (change)
Salary
$66k - $143k
Bonus
$2k - $31k
Profit Sharing
$0 - $34k
Total Pay
$68k - $170k

Your Market Worth Over Time

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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
Loan Officer, Commercial
Credit Analyst, Banking
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Senior Credit Officer Job Listings

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Popular Skills for Senior Credit Officer

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

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 $80,000 based on 11 salaries. An experienced Senior Credit Officer with 10-19 years of experience earns an average total compensation of $116,326 based on 54 salaries. In their late career (20 years and higher), employees earn an average total compensation of $138,895.

Years of Experience

This data is based on 119 survey responses.
Early Career
9.2%
Experienced
45.4%
Late Career
45.4%

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