Credit union examiner vs credit officer

The differences between credit union examiners and credit officers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a credit officer has an average salary of $129,478, which is higher than the $115,755 average annual salary of a credit union examiner.

The top three skills for a credit union examiner include financial statements, internal controls and GAAP. The most important skills for a credit officer are risk management, credit risk, and credit analysis.

Credit union examiner vs credit officer overview

	Credit Union Examiner	Credit Officer
Yearly salary	$115,755	$129,478
Hourly rate	$55.65	$62.25
Growth rate	21%	17%
Number of jobs	7,440	60,323
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 54%	Bachelor's Degree, 69%
Average age	42	39
Years of experience	-	2

Credit union examiner vs credit officer salary

Credit union examiners and credit officers have different pay scales, as shown below.

	Credit Union Examiner	Credit Officer
Average salary	$115,755	$129,478
Salary range	Between $71,000 And $187,000	Between $85,000 And $196,000
Highest paying City	San Francisco, CA	New York, NY
Highest paying state	California	New York
Best paying company	Federal Reserve	Farm Credit System
Best paying industry	-	Finance

Differences between credit union examiner and credit officer education

There are a few differences between a credit union examiner and a credit officer in terms of educational background:

	Credit Union Examiner	Credit Officer
Most common degree	Bachelor's Degree, 54%	Bachelor's Degree, 69%
Most common major	Business	Business
Most common college	University of Southern California	University of Pennsylvania

Credit union examiner vs credit officer demographics

Here are the differences between credit union examiners' and credit officers' demographics:

	Credit Union Examiner	Credit Officer
Average age	42	39
Gender ratio	Male, 42.1% Female, 57.9%	Male, 64.4% Female, 35.6%
Race ratio	Black or African American, 6.7% Unknown, 6.1% Hispanic or Latino, 11.8% Asian, 10.1% White, 64.8% American Indian and Alaska Native, 0.4%	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	19%	11%

Differences between credit union examiner and credit officer duties and responsibilities

Credit union examiner example responsibilities.

Manage daily claims operations for Medicaid and Medicare plan.
Balance all key accounts and assure they are in compliance with GAAP.
Develop operational procedures for collections of non-performing loans FDIC national manual.
Develop methodologies to assign regulatory capital treatment for assets purchase under FDIC loss sharing agreements.
Prepare summary comments of examination findings as examiner-in-charge, detail-in-charge, and examiner on the examiner team.
Provide regulatory advice and reviews relating to compliance (including sanctions regimes), transactions, and litigation for depository institutions.

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.

Credit union examiner vs credit officer skills

Common credit union examiner skills

Financial Statements, 15%
Internal Controls, 11%
GAAP, 9%
Financial Institutions, 9%
Risk Management, 9%
Credit Unions, 8%

Common credit officer skills

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