What is a credit compliance officer and how to become one

Updated January 8, 2025

2 min read

There is more than meets the eye when it comes to being a credit compliance officer. For example, did you know that they make an average of $67.36 an hour? That's $140,100 a year! Between 2018 and 2028, the career is expected to grow 17% and produce 123,100 job opportunities across the U.S.

ScoreCredit Compliance OfficerUS Average

Salary

8.6

Avg. Salary $140,100

Avg. Salary $59,228

Stability level

Growth rate 17%

Growth rate 0.3%

Diversity

4.1

Race

American Indian and Alaska Native 0.74%

Asian 7.87%

Black or African American 12.69%

Hispanic or Latino 14.77%

Unknown 4.27%

White 59.66%

Gender

female 46.77%

male 53.23%

Age - 46

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 46

Complexity level

8.5

Complexity level is advanced

7 - challenging

Key steps to become a credit compliance officer

Explore credit compliance officer education requirements
Most common credit compliance officer degrees
Bachelor's
61.4 %
Associate
13.6 %
Master's
11.4 %
Start to develop specific credit compliance officer skills
Skills Percentages
Risk Management 41.89%
Regulatory Compliance 18.80%
Credit Compliance 14.02%
Compliance Issues 11.61%
Compliance Reviews 9.94%
Show more
Research credit compliance officer duties and responsibilities
- Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
- Identify all transactions in OTC equity securities and ascertain that every recommendation to customers meet suitability standards via exclusion or exemption.
- Participate in structuring terms and reviewing legal documents for derivative transactions, letters of credit, and liquidity facilities.
Apply for credit compliance officer jobs
Now it's time to start searching for a credit compliance officer job. Consider the tips below for a successful job search:
1. Browse job boards for relevant postings
2. Consult your professional network
3. Reach out to companies you're interested in working for directly
4. Watch out for job scams

Skills	Percentages
Risk Management	41.89%
Regulatory Compliance	18.80%
Credit Compliance	14.02%
Compliance Issues	11.61%
Compliance Reviews	9.94%

How did you land your first credit compliance officer job

Are you a credit compliance officer?

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Average credit compliance officer salary

The average credit compliance officer salary in the United States is $140,100 per year or $67 per hour. Credit compliance officer salaries range between $95,000 and $205,000 per year.

Average credit compliance officer salary

$140,100 Yearly

$67.36 hourly

What am I worth?

How do credit compliance officers rate their job?

Updated January 8, 2025

Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Updated January 8, 2025

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What is a credit compliance officer and how to become one

Key steps to become a credit compliance officer

Explore credit compliance officer education requirements

Most common credit compliance officer degrees

Start to develop specific credit compliance officer skills

Research credit compliance officer duties and responsibilities

Apply for credit compliance officer jobs

How did you land your first credit compliance officer job

Average credit compliance officer salary

How do credit compliance officers rate their job?