Average Experienced Senior Credit Officer with Loan Underwriting Skills Salary

$107,464
Avg. Salary
$16,526
Bonus
$11,000
Profit Sharing
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The average salary for an Experienced Senior Credit Officer with Loan Underwriting skills is $107,464.
10%
$85k
10%
$107k
50%
$157k
90%
90%
MEDIAN $107,464
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United States (change)
Salary
$85k - $157k
Bonus
$4k - $37k
Profit Sharing
$4k - $34k
Total Pay
$88k - $196k

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
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 Risk Management / Risk Control, Credit Control, Commercial Loans and Banking are correlated to pay that is above average. Skills that pay less than market rate include 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 $75,000 based on 9 salaries. A mid-career Senior Credit Officer with 5-9 years of experience earns an average total compensation of $87,171 based on 15 salaries. In their late career (20 years and higher), employees earn an average total compensation of $139,560.

Years of Experience

This data is based on 72 survey responses.
Early Career
12.5%
Mid Career
20.8%
Late Career
66.7%

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