Letter of Credit Officer Salary in District of Columbia
Letter of Credit Officer Salary in District of Columbia
How much does a Letter of Credit Officer make in District of Columbia? The average Letter of Credit Officer salary in District of Columbia is $72,292 as of April 24, 2024, but the range typically falls between $56,774 and $85,524. 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 | $42,646 | DC | April 24, 2024 |
| 25th Percentile Letter of Credit Officer Salary | $56,774 | DC | April 24, 2024 |
| 50th Percentile Letter of Credit Officer Salary | $72,292 | DC | April 24, 2024 |
| 75th Percentile Letter of Credit Officer Salary | $85,524 | DC | April 24, 2024 |
| 90th Percentile Letter of Credit Officer Salary | $97,572 | DC | April 24, 2024 |
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Job Description for Letter of Credit Officer
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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Assistant Secretary for Housing-Federal Housing Commissioner - Washington, DCSummary. This position is located in the. Department of Housing and Urban Development. Asst Secretary for Housing-Federal Housing Commissioner. This job is- 6 Days Ago
Select a city to view specific salary and bonus information for Letter of Credit Officer
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Naval Anacost Annex, DC | Avg. Salary $72,292 | Date Updated April 24, 2024 |
| Location Parcel Return Service, DC | Avg. Salary $72,292 | Date Updated April 24, 2024 |
| Location Washington, DC | Avg. Salary $72,292 | Date Updated April 24, 2024 |
| Location Washington Navy Yard, DC | Avg. Salary $72,292 | Date Updated April 24, 2024 |
Career Path for Letter of Credit Officer
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.
What does a Letter of Credit Officer do?
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About District of Columbia
Similar Jobs to Letter of Credit Officer
| 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 |
Level of Education for Letter of Credit Officer
Jobs with different levels of education may pay very differently. Check the Letter of Credit Officer salary of your education level.
- Letter of Credit Officer Salaries with a High School Diploma or Technical Certificate
- Letter of Credit Officer Salaries with an Associate's Degree
- Letter of Credit Officer Salaries with a Bachelor's Degree
- Letter of Credit Officer Salaries with a Master's Degree or MBA
- Letter of Credit Officer Salaries with a JD, MD, PhD or Equivalent
Most Popular Cities for Letter of Credit Officer Job
- Philadelphia, PA Letter of Credit Officer
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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 District of Columbia Washington, D.C. is located in the mid-Atlantic region of the U.S. East Coast. Due to the District of Columbia retrocession, the city has a total area....More
Skills associated with Letter of Credit Officer: Banking Software, Export Regulatory Compliance, Credit Verification, Risk Identification Model ...More
Jobs with a similar salary range to Letter of Credit Officer : Credit Officer, Tax Credit
Salary estimation for Letter of Credit Officer at companies like : Exostone Group LLC, Bronson Methodist Hospital, Amy Gould Architect AIA
Jobs with a similar salary range to Letter of Credit Officer : Army Recruiter
