How much does a Credit Manager make in Washington, DC? The average Credit Manager salary in Washington, DC is $130,200 as of March 26, 2024, but the range typically falls between $110,000 and $151,400. 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 $91,609 Washington,DC March 26, 2024
25th Percentile Credit Manager Salary $110,000 Washington,DC March 26, 2024
50th Percentile Credit Manager Salary $130,200 Washington,DC March 26, 2024
75th Percentile Credit Manager Salary $151,400 Washington,DC March 26, 2024
90th Percentile Credit Manager Salary $170,701 Washington,DC March 26, 2024
25% $110,000 10% $91,609 90% $170,701 75% $151,400 $130,200 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 Washington, DC

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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110000
151400
130200

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
120000
174800
146000
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Credit Manager in Washington, DC. The base salary for Credit Manager ranges from $110,000 to $151,400 with the average base salary of $130,200. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $120,000 to $174,800 with the average total cash compensation of $146,000.
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About Washington, District of Columbia    Washington, D.C. is located in the mid-Atlantic region of the U.S. East Coast. Due to the District of Columbia retrocession, the city has a total area....More

Washington, District of Columbia  area prices were up 1.3% from a year ago    View the Cost of Living in Washington, District of Columbia

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