How much does a Letter of Credit Officer make in Connecticut? The average Letter of Credit Officer salary in Connecticut is $69,718 as of February 26, 2024, but the range typically falls between $54,755 and $82,477. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Letter of Credit Officer Salary | $41,131 | CT | February 26, 2024 |
25th Percentile Letter of Credit Officer Salary | $54,755 | CT | February 26, 2024 |
50th Percentile Letter of Credit Officer Salary | $69,718 | CT | February 26, 2024 |
75th Percentile Letter of Credit Officer Salary | $82,477 | CT | February 26, 2024 |
90th Percentile Letter of Credit Officer Salary | $94,094 | CT | February 26, 2024 |
Academy of the Holy Names - Albany, NY
Prime - Bodega Bay, CA
City Of Brooklyn - Cleveland, OH
Pacific Service Credit Union - Concord, CA
Letter of Credit Officer obtains necessary information to process and complete letters of credit and related financial transactions. Verifies all documentation for accuracy and completeness. Being a Letter of Credit Officer ensures all credit data is evaluated and adheres to bank policies and procedures in order to approve or deny applications. Provides support to lending officers and trade specialists. Additionally, Letter of Credit Officer may require a bachelor's degree. Typically reports to a manager or head of a unit/department. The Letter of Credit Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Letter of Credit Officer typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location New London, CT | Avg. Salary $68,935 | Date Updated February 26, 2024 |
Location Norwich, CT | Avg. Salary $69,103 | Date Updated February 26, 2024 |
Location West Haven, CT | Avg. Salary $70,100 | Date Updated February 26, 2024 |
Location Abington, CT | Avg. Salary $68,471 | Date Updated February 26, 2024 |
Location Amston, CT | Avg. Salary $69,389 | Date Updated February 26, 2024 |
Location Andover, CT | Avg. Salary $69,912 | Date Updated February 26, 2024 |
Location Ansonia, CT | Avg. Salary $70,100 | Date Updated February 26, 2024 |
Location Ashford, CT | Avg. Salary $68,533 | Date Updated February 26, 2024 |
Location Avon, CT | Avg. Salary $70,041 | Date Updated February 26, 2024 |
Location Ballouville, CT | Avg. Salary $68,370 | Date Updated February 26, 2024 |
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Letter of Credit Officer, the upper level is Credit Risk Officer III and then progresses to Credit Risk Manager.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Credit Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Credit Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Credit Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Credit and Collections Director | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Credit Clerk | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Letter of Credit Officer salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Letter of Credit Officer salary varies from category to category. Click below to see Letter of Credit Officer salary in different categories.
About Connecticut Connecticut is bordered on the south by Long Island Sound, on the west by New York, on the north by Massachusetts, and on the east by Rhode Island. Th....More
Skills associated with Letter of Credit Officer: Risk Identification Model, Risk Assessment, Credit Verification, Risk Analysis ...More
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