Commercial credit reviewer vs credit officer

The differences between commercial credit reviewers and credit officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 3-6 months to become a commercial credit reviewer, becoming a credit officer takes usually requires 1-2 years. Additionally, a credit officer has an average salary of $129,478, which is higher than the $66,126 average annual salary of a commercial credit reviewer.

The top three skills for a commercial credit reviewer include capital markets, financial statements and credit policy. The most important skills for a credit officer are risk management, credit risk, and credit analysis.

Commercial credit reviewer vs credit officer overview

	Commercial Credit Reviewer	Credit Officer
Yearly salary	$66,126	$129,478
Hourly rate	$31.79	$62.25
Growth rate	-3%	17%
Number of jobs	32,691	60,323
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 69%
Average age	44	39
Years of experience	6	2

Commercial credit reviewer vs credit officer salary

Commercial credit reviewers and credit officers have different pay scales, as shown below.

	Commercial Credit Reviewer	Credit Officer
Average salary	$66,126	$129,478
Salary range	Between $39,000 And $109,000	Between $85,000 And $196,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Farm Credit System
Best paying industry	-	Finance

Differences between commercial credit reviewer and credit officer education

There are a few differences between a commercial credit reviewer and a credit officer in terms of educational background:

	Commercial Credit Reviewer	Credit Officer
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 69%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Commercial credit reviewer vs credit officer demographics

Here are the differences between commercial credit reviewers' and credit officers' demographics:

	Commercial Credit Reviewer	Credit Officer
Average age	44	39
Gender ratio	Male, 40.4% Female, 59.6%	Male, 64.4% Female, 35.6%
Race ratio	Black or African American, 9.1% Unknown, 3.9% Hispanic or Latino, 17.9% Asian, 4.0% White, 64.5% American Indian and Alaska Native, 0.6%	Black or African American, 8.0% Unknown, 2.7% Hispanic or Latino, 9.7% Asian, 10.7% White, 68.6% American Indian and Alaska Native, 0.3%
LGBT Percentage	9%	11%

Differences between commercial credit reviewer and credit officer duties and responsibilities

Commercial credit reviewer example responsibilities.

Manage a team to help facilitate efficient loan origination, underwriting and closing.
Participate in meetings with inter agencies and other entities as appropriate to facilitate and enhance the Medicaid eligibility determination process.
Participate in structuring terms and reviewing legal documents for derivative transactions, letters of credit, and liquidity facilities.

Credit officer example responsibilities.

Manage credit risk and provide independent oversight of the bank portfolio.
Manage the global function for an ERP software company that has a niche market in manufacturing companies.
Manage SBA construction/tenant improvement projects submit until project is completed.
Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
Review clients file for compliance with: CIP, OFAC, HMDA, CRA and red flag activities.
Audit applications for HUD and IHDA compliance.

Commercial credit reviewer vs credit officer skills

Common commercial credit reviewer skills

Capital Markets, 37%
Financial Statements, 34%
Credit Policy, 9%
Financial Data, 7%
Financial Performance, 7%
Credit Approval, 3%

Common credit officer skills

Risk Management, 10%
Credit Risk, 7%
Credit Analysis, 5%
Real Estate, 4%
Credit Approval, 4%
Portfolio Management, 4%

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Commercial Credit Reviewer
Commercial Credit Reviewer vs Credit Officer

Updated January 8, 2025

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