Average Experienced Senior Credit Officer with Commercial Loans Skills Salary

$133,130
Avg. Salary
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The average salary for an Experienced Senior Credit Officer with Commercial Loans skills is $133,130.
10%
$80k
10%
$133k
50%
$191k
90%
90%
MEDIAN $133,130
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United States (change)
Salary
$80k - $191k
Total Pay
$81k - $215k

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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
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Senior Credit Officer Job Listings

Popular Skills for Senior Credit Officer

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

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 $85,308 based on 5 salaries. In their late career (20 years and higher), employees earn an average total compensation of $141,660.

Years of Experience

This data is based on 19 survey responses.
Mid Career
26.3%
Late Career
73.7%

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