A person working as a Senior Credit Officer in India will on average earn $52266 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $52,266.00 |
| Weekly salary | $1,005.12 |
| Daily salary | $143.19 |
| Hourly salary | $17.90 |
This means senior credit officer salary is above average!
Job Industry: finance
Description: A senior credit officer is responsible for assessing and managing the creditworthiness of individuals, businesses, or organizations. They analyze financial data, review credit applications, and make informed decisions on whether to grant credit or loans. Senior credit officers also evaluate credit risk by examining factors such as payment history, income stability, and collateral value. They collaborate with clients, loan officers, and other stakeholders to negotiate terms and conditions, ensuring compliance with lending policies and regulations. Additionally, they monitor credit portfolios, identify potential risks, and develop strategies to mitigate them. Strong analytical skills, attention to detail, and knowledge of financial markets are essential for this role. Effective communication and negotiation abilities are also crucial in maintaining positive relationships with clients and colleagues.
Tagged with: Senior Credit Officer, Credit Analysis, Risk Management, Financial Analysis, Loan Underwriting, Compliance