Credit Manager Salaries

Position

Salary

How much does a Credit Manager make?

The average salary for a Credit Manager is $84,801 per year in the US.

Graph depicting the yearly salary distribution for Credit Manager positions, showing an average salary of $84,801 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Credit Manager positions, showing an average salary of $84,801 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Credit Manager positions, showing an average salary of $84,801 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Credit Manager positions, showing an average salary of $84,801 with varying distribution percentages across salary ranges.

A Credit Manager plays a key role in ensuring a company's financial health. They assess the creditworthiness of potential clients and manage the company's credit policies. This job often comes with a rewarding salary. On average, a Credit Manager earns about $84,801 per year. Many factors can influence this number, including experience, location, and the size of the company.

The salary range for Credit Managers can vary widely. At the lower end, some professionals earn around $32,000 annually. As experience grows, so does the salary. Those with more than a decade of experience can see their earnings rise to over $187,000 per year. The top earners in this field can make even more, with some salaries reaching up to $202,619 annually. This range shows that there is good potential for growth in this career.

What are the highest paying cities for a Credit Manager?

Job seekers looking for Credit Manager positions can find high salaries in several cities. San Francisco, Los Angeles, and Charlotte offer some of the best pay. These cities provide competitive benefits and a strong job market for those in the credit management field. Other top-paying cities include Denver, Minneapolis, and Boston. These locations also offer attractive salaries and a good quality of life. Job seekers should consider these cities for their career opportunities.

Graph displaying highest paying cities salaries for Credit Manager jobs, highlighting San Francisco, CA with the highest at $152,962 and Atlanta, GA with the lowest at $109,471.

San Francisco, CA
Average Salary: $152,962
In San Francisco, professionals manage credit for tech giants like Salesforce and Uber. The city offers a dynamic environment with a strong focus on innovation and finance.
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Los Angeles, CA
Average Salary: $150,210
Los Angeles provides a vibrant setting for credit management, with opportunities in entertainment and media companies. The city's diverse economy offers a range of industries.
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Charlotte, NC
Average Salary: $139,540
Charlotte, known as a banking hub, offers many credit management roles. Companies like Bank of America and Wells Fargo provide stability and growth opportunities.
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Denver, CO
Average Salary: $139,368
Denver's growing economy offers credit management positions in tech and energy sectors. The city's outdoor lifestyle and business-friendly environment attract many professionals.
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Minneapolis, MN
Average Salary: $137,825
Minneapolis provides a mix of finance and healthcare opportunities for credit managers. The city's strong community and quality of life make it an attractive place to work.
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Boston, MA
Average Salary: $127,033
Boston offers a rich history and many finance and education institutions. Credit managers here work with prestigious companies and enjoy a vibrant professional community.
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Chicago, IL
Average Salary: $122,170
Chicago's diverse economy offers many credit management roles in finance and manufacturing. The city's cultural scene and professional opportunities make it a top choice.
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San Diego, CA
Average Salary: $118,363
San Diego provides a sunny climate and opportunities in biotech and defense sectors. Credit managers here enjoy a high quality of life and a strong job market.
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Philadelphia, PA
Average Salary: $115,759
Philadelphia offers a mix of finance and healthcare opportunities. The city's rich history and affordable cost of living make it an attractive place for credit managers.
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Atlanta, GA
Average Salary: $109,471
Atlanta's growing economy offers many credit management roles in logistics and finance. The city's warm climate and business-friendly environment attract many professionals.
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What are the best companies a Credit Manager can work for?

PwC offers the highest average salary for Credit Manager jobs at $182,394. Wells Fargo and U.S. Bank also provide competitive salaries, with averages of $175,645 and $167,269, respectively. Robert Half, TD Bank, and US LBM Holdings offer solid compensation for credit managers, with average salaries ranging from $112,846 to $97,967.

Graph displaying best paying company salaries for Credit Manager jobs, highlighting PwC with the highest at $182,394 and Buddy's Home Furnishings with the lowest at $38,996.

PwC
Average Salary: $182,394
PwC offers competitive salaries for Credit Managers. They manage credit risk and ensure financial stability. PwC operates globally, with offices in major cities worldwide.
Wells Fargo
Average Salary: $175,645
Wells Fargo provides a high average salary for Credit Managers. They focus on managing credit risk and improving financial performance. This bank operates across the United States.
U.S. Bank
Average Salary: $167,269
U.S. Bank offers a strong salary for Credit Managers. They work on credit risk management and financial strategies. Their branches are located throughout the United States.
Robert Half
Average Salary: $112,846
Robert Half provides a good salary for Credit Managers. They handle credit risk and financial assessments. This staffing firm operates in many locations across the U.S.
TD Bank
Average Salary: $97,967
TD Bank offers a solid salary for Credit Managers. They manage credit risk and ensure financial health. The bank operates in the U.S. and Canada.
US LBM Holdings
Average Salary: $88,604
US LBM Holdings provides a decent salary for Credit Managers. They focus on managing credit risk and financial operations. The company operates in the U.S.
Farmers Home Furniture
Average Salary: $40,790
Farmers Home Furniture offers a lower salary for Credit Managers. They manage credit risk and financial assessments. The company operates in the U.S.
Buddy's Home Furnishings
Average Salary: $38,996
Buddy's Home Furnishings provides a modest salary for Credit Managers. They handle credit risk and financial operations. The company operates in the U.S.

How to earn more as a Credit Manager?

Becoming a Credit Manager offers a rewarding career path with opportunities for growth. To maximize earnings, focus on key areas that can enhance your skills and value. Gaining experience in different industries can broaden your expertise and make you more versatile. This experience can lead to higher-paying positions and more responsibilities.

Networking plays a crucial role in advancing your career. Building relationships with other professionals can open doors to new opportunities. Attend industry events, join professional organizations, and connect with peers on platforms like LinkedIn. These connections can lead to job offers, promotions, and valuable insights into the industry.

Consider pursuing advanced certifications to stand out. Certifications such as the Certified Credit Executive (CCE) or Financial Risk Manager (FRM) can enhance your credentials. These certifications demonstrate your commitment to the field and can lead to higher-paying roles.

Gain Experience in Different Industries
Network with Other Professionals
Pursue Advanced Certifications
Develop Strong Analytical Skills
Enhance Communication and Negotiation Skills

Credit Manager Salaries

How much does a Credit Manager make?

What are the highest paying cities for a Credit Manager?

What are the best companies a Credit Manager can work for?

How to earn more as a Credit Manager?

Currently 159 Credit Manager job openings, nationwide.

How's the job market for a Credit Manager in the US?

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