How much does a Credit Manager make in Indianapolis, IN? The average Credit Manager salary in Indianapolis, IN is $113,800 as of March 26, 2024, but the range typically falls between $96,100 and $132,400. 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.

Credit Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Credit Manager Salary $79,985 Indianapolis,IN March 26, 2024
25th Percentile Credit Manager Salary $96,100 Indianapolis,IN March 26, 2024
50th Percentile Credit Manager Salary $113,800 Indianapolis,IN March 26, 2024
75th Percentile Credit Manager Salary $132,400 Indianapolis,IN March 26, 2024
90th Percentile Credit Manager Salary $149,334 Indianapolis,IN March 26, 2024
25% $96,100 10% $79,985 90% $149,334 75% $132,400 $113,800 50%(Median) Didn’t find job title? Click
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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 2024 Salary.com)

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Job Openings for Credit Manager in Indianapolis, IN

Career Path for this job

  1. Down a level:

    Senior Credit Analyst

    4 - 7 years experience
    Bachelor's Degree

  2. This Job:

    Credit Manager

    5 + years experience
    Bachelor's Degree

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Average Base Salary

Core compensation

 
 
 
96100
132400
113800

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
104900
152900
127700
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Credit Manager in Indianapolis, IN. The base salary for Credit Manager ranges from $96,100 to $132,400 with the average base salary of $113,800. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $104,900 to $152,900 with the average total cash compensation of $127,700.
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96100
132400

 

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About Indianapolis, Indiana    Indianapolis is in the East North Central region of the Midwestern United States, in central Indiana. According to the U.S. Census Bureau, the Indiana....More

Indianapolis, Indiana  area prices were up 1.3% from a year ago    View the Cost of Living in Indianapolis, Indiana

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