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Salary and Benefits

CHIEF Credit Officer
$116K-$142K / yr. (est.)
$117K
$129,899 / year
$143K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About CHIEF Credit Officer

What does a CHIEF Credit Officer do?

Functioning as CHIEF Credit Officers, our primary responsibility is to monitor the risk and issues in the bank's credits. We continuously track the metrics of the financial assets of the company. We analyse the board reporting and CRM project to identify and assess the complications in them. We advise the executives and managers of the credit management department of the company to troubleshoot the complicated errors. As CHIEF Credit Officers, our primary goal is to deliver error-free and smooth credit projects to the customers but for satisfying them. We support the lenders on sales calls and communicate with them to understand their budget and issues.

Core tasks:

  • managing the different aspects of bank credits
  • overseeing the sound credit decisions
  • ensuring the proper implementation of rules and regulations on the credit and loan projects
  • building strong relationships with lenders
  • preparing sales models for the projects

Insights

How Many Years of Experience Do Professionals Need Before Becoming CHIEF Credit Officer?
On average, people work 7+ years in other positions prior to becoming a CHIEF Credit Officer.
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Financial ConsultantHouston, TX - 11 months ago
Well, if they've worked in other positions for that long, at least they'll have a solid foundation to be a chief credit officer. Experience matters, folks!
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Loan OfficerSan Francisco, CA - 11 months ago
This sounds like a scam! Seven years of my life wasted before I can become a chief? Nah, I'm out! 🏃
How Long Do CHIEF Credit Officer Employees Typically Stay in Their Roles?
On average, CHIEF Credit Officers works in this position for 5+ years across multiple employers.
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Personal BankerMiami, FL - 11 months ago
Experience is valuable, but let's not overlook the importance of adaptability. A CHIEF Credit Officer who has worked in various organizations might struggle to adapt to a specific company's credit policies and procedures. 😏
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Financial AnalystSan Francisco, CA - 11 months ago
Experience does matter, but innovation is equally crucial. A successful CHIEF Credit Officer must possess not only a wealth of experience but also the ability to adapt to new market trends and changing economic landscapes.
What Is the Job Hopper Score for CHIEF Credit Officer Employees?
Frequent job changes in CHIEF Credit Officer, indicating a willingness to change companies and roles more frequently.
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Bank TellerHouston, TX - 11 months ago
😮 Whoa! Do CHIEF Credit Officers really change jobs that often? I can't even change my schedule without approval!
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Private BankerMiami, FL - 11 months ago
guys, chillax! Changing jobs frequently shows adaptability and hustle in the highly competitive world of finance. Embrace the hustle! 💪

Career path

Path to job

Discover a CHIEF Credit Officer's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a CHIEF Credit Officer typically studied at.
New York University
Northwestern University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of CHIEF Credit Officer Employees?
Gender ratio in CHIEF Credit Officer position: 0.829046898638427 Male and 0.170953101361573 Female. Age ratio in CHIEF Credit Officer position: 16-20: 1%, 21-30: 15%, 31-40: 33%, 41-50: 33%, 51-60: 16%, 60+: 2%. CHIEF Credit Officer position is predominantly male (82.9%) with the largest age group being 41-50 years old, followed by 31-40 years old.
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CHIEF Credit OfficerHouston, TX - 11 months ago
Honestly, there's nothing surprising about this. The finance industry has always been male-dominated. We should be working towards breaking these glass ceilings, not accepting them! 🙅
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CHIEF Credit OfficerPhiladelphia, PA - 11 months ago
This infographic makes me wonder if the lack of representation and diversity affects decision-making in the industry. What are the implications of having homogenous leadership? 🤷

Workplaces

Who Are the Top Employers for CHIEF Credit Officer?
Top employers of CHIEF Credit Officer position: Bank of America, Citi, Compeer Financial. People who work in CHIEF Credit Officer position most typically go on to work for the Bank of America.
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CHIEF Credit OfficerMiami, FL - 11 months ago
I've had a terrible experience working at Bank of America as a CHIEF Credit Officer. The toxic culture and lack of appreciation made me leave.
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CHIEF Credit OfficerSeattle, WA - 11 months ago
Bank of America may be a top employer for CHIEF Credit Officers, but there's more to success than just big names. It's all about finding the right fit for your skills and goals.
Bank of America
Citi
Compeer Financial
What Industries Does CHIEF Credit Officer Typically Have Experience In?
Industry Background: The most typical industries of CHIEF Credit Officer: Finance & Insurance, Real Estate / Rental / Leasing, Professional / Scientific / Technical, Information Technology, Retail. CHIEF Credit Officer employees most likely come from a Finance & Insurance industry background.
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CHIEF Credit OfficerHouston, TX - 11 months ago
🙄 As a CHIEF Credit Officer, I have to handle loan approvals, risk assessments, and sometimes deal with unreasonable clients. It's a demanding role, to say the least!
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CHIEF Credit OfficerMiami, FL - 11 months ago
Yo, being a CHIEF Credit Officer ain't easy! We deal with high-stakes decisions, evaluate creditworthiness, and navigate a complex financial landscape. It keeps us on our toes, no cap! 💪

Find your job as CHIEF Credit Officer

Discussion about CHIEF Credit Officer

Want to know more about CHIEF Credit Officer position?
Share your thoughts and ideas about CHIEF Credit Officer position with others in our community.
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Any degrees or certifications needed before applying for a CHIEF Credit Officer position?
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CHIEF Credit Officer5 months ago
No
How balanced is the gender diversity among people working as a CHIEF Credit Officer?
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Benjamin Gardner3 years ago
More men than women work as a CHIEF Credit Officer.
What is the most common age of a CHIEF Credit Officer?
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Benjamin Gardner3 years ago
The typical age is 40.
Do I need a lot of experience to be a CHIEF Credit Officer?
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Benjamin Gardner3 years ago
You should work for 7 years on average to become a CHIEF Credit Officer.
What industries does a CHIEF Credit Officer typically work in?
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Benjamin Gardner3 years ago
For a CHIEF Credit Officer it’s the most likely to work in the Finance & Insurance.
Is a higher education needed as a CHIEF Credit Officer?
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Isabella Holmes3 years ago
You should be fine with a Master of Business Administration degree
Where are you working as a CHIEF Credit Officer?
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Benjamin Gardner3 years ago
Working as a CHIEF Credit Officer it might be a good next step to work for Bank of America, Citi, Compeer Financial, Lone Star Ag and Wells Fargo
How many years of experience as a CHIEF Credit Officer is needed in average to switch to another position?
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Benjamin Gardner3 years ago
A CHIEF Credit Officer typically changes positions after more than 5 years.
How common is it for a CHIEF Credit Officer to jump from company to company?
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Isabella Holmes3 years ago
A CHIEF Credit Officer is likely to work for multiple companies as a CHIEF Credit Officer.
What work history do people usually have before becoming a CHIEF Credit Officer?
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Sophie Hayes3 years ago
Typical prior positions for a CHIEF Credit Officer are Vice President, Credit Officer or Managing Director
If I’m working as a CHIEF Credit Officer, what next position could I have?
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Liam Brown3 years ago
Consider the following: Vice President, Credit Officer or CHIEF Risk Officer
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