Credit Manager Salary in the United States

How much does a Credit Manager make in the United States? The average Credit Manager salary in the United States is $98,700 as of September 26, 2019, but the range typically falls between $85,100 and $114,500. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

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Salary estimation for Credit Manager at companies like : FS BANCORP INC, HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC

Jobs with a similar salary range to Credit Manager : Senior Manager, Business Analysis

Job Description

The Credit Manager manages a group of credit analysts and approves requests for credit extensions based on analyst recommendations. Develops and implements procedures for analyzing the creditworthiness of prospective and current customers. Being a Credit Manager requires a bachelor's degree. May personally handle larger/more complex accounts. In addition, Credit Manager typically reports to a head of a unit/department. The Credit Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. Working as a Credit Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2019 Salary.com)

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Average Base Salary

Core compensation

 
 
 
85100
114500
98700

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
91400
128400
109000
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Credit Manager in the United States. The base salary for Credit Manager ranges from $85,100 to $114,500 with the average base salary of $98,700. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $91,400 to $128,400 with the average total cash compensation of $109,000.
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85100
114500

 

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