Credit Manager

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October 30, 2016

Jobs

Credit Manager Job Description

Credit Analysts Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decision-making.

Credit Manager Salary Statistics as of 2015

Average annual salary for a Credit Manager is $60895 based on statistics in the U.S. as of 2015. The highest salary recorded was $103550. The lowest salary reported was $36668. These figures will vary on a state to state basis as these are averages across all 50 states.

Median hourly wage for a Credit Manager is $17.89 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $22.85. The lowest hourly rate recorded was $12.93. These figures will vary on a state to state basis as these are averages across all 50 states.

Bonuses for a Credit Manager are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $3750 from people with 15+ years of experience. The average bonus recorded was $3750 from people with under 1 year of experience.

These are the highest paying states for a Credit Manager. These numbers are based off the median annual salary as of 2015.
California – $45,535 – $98,633
Florida – $35,034 – $94,342
Illinois – $43,390 – $98,561
New York – $41,750 – $108,724
Ohio – $41,022 – $92,665
Pennsylvania – $39,635 – $95,863
Texas – $46,540 – $118,665

These are the highest paying cities for a Credit Manager. These numbers are based off the median annual salary as of 2015.
Houston, Texas –
Chicago, Illinois –
New York, New York –
Los Angeles, California –
Dallas, Texas –
Minneapolis, Minnesota –
Philadelphia, Pennsylvania –

This chart outlines the average annual salary of a Credit Manager from the past 5 years. In 2015 the average annual salary was $60895 while in 2007 it was just $56472.95

Job Outlook

Gender Statistics

Related Jobs

44%

56%

Based on our stats gathered across the U.S. 44% of Credit Managers were males while 56% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.

Past Jobs

Credit Analyst
$30,271 – $63,035
Credit Analyst, Banking
$29,813 – $64,942
Credit / Collections Supervisor
$30,849 – $63,007

Future Jobs

Credit / Collections Manager
$31,054 – $78,032
National Credit / Collections Manager
$42,753 – $106,460
Branch Manager, Banking
$34,289 – $72,174


Credit Manager Jobs

 

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