Also called: CCO (Banking)
The senior bank executive who sets the rules for which loans the bank will make and watches loan risk.
You chair the loan committee deciding on a $20 million real estate loan, update the bank's lending rules and brief regulators on loan quality.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Bachelor's degree (4-year), about 18 years after high school. Bachelor's in finance; 15+ years in credit; often a banking graduate school.
Ways in: 4-year college, Graduate school, On-the-job training. Training cost: $15k – $60k.
Majors to look at: Finance, Economics.
Growing much faster than average (about 15% over 10 years). Tracks financial managers (BLS 2024-34).
Low risk in 5 years, medium in 10. Models increasingly score and monitor loans; the executive who sets credit policy and answers to regulators remains, but with leaner teams.
Classes: AP Statistics, Accounting, AP Macroeconomics, Business law.
Official data: O*NET occupation 11-3031.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.