Chief Lending Officer

Also called: Chief Credit Officer

Oversees all the loans a bank makes and decides how much risk it's willing to take.

A day in the life

You chair the loan committee, approve a $20 million real estate loan, review which loans are going bad and set lending rules for next year.

Pay over a career

Starting
$130k
Typical
$190k
High
$320k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Bachelor's degree (4-year), about 15 years after high school. Bachelor's in finance plus 15+ years of lending.

Ways in: 4-year college, Graduate school. Training cost: $15k – $60k.

Majors to look at: Finance, Economics.

Outlook

Growing much faster than average (about 10% over 10 years). Tracks financial managers.

Will it last? Our AI estimate

Low risk in 5 years, medium in 10. Automated credit scoring handles more small loans; setting risk appetite, big deals and answering to examiners stays with a seasoned executive.

Start now, in high school

Classes: Accounting, Economics, AP Statistics, Business law.

Official data: O*NET occupation 11-3031.

More Banking & Lending careers

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.