Credit Trader Salaries in Michigan
How Much Does a Credit Trader Make in Michigan?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Credit Trader in Michigan is $128,183.
While Salary.com is seeing that Credit Trader salary in MI can go up to $148,584
or down to $105,877, but most earn between $116,508 and $138,862.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Credit Trader
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Similar Job Salaries to Credit Trader by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
ING
APAC Credit Trader
|
$93,335/yr
|
RANGE: $80,087 - $106,582
|
|
T3 Trading Group
Trader
|
$163,542/yr
|
RANGE: $115,192 - $211,891
|
|
Coda SearchStaffing
Credit Trader
|
$116,947/yr
|
RANGE: $95,642 - $138,252
|
|
Deutsche Bank
Credit Trader - Vice President
|
$205,379/yr
|
RANGE: $161,421 - $249,337
|
|
JIN LI INDUSTRIAL INTERNATIONAL PTE. LTD.
Execution Trader
|
$109,481/yr
|
RANGE: $92,759 - $126,203
|
|
Deutsche Bank
Flow Credit Trader - Director NY
|
$185,045/yr
|
RANGE: $128,232 - $241,858
|
|
Deutsche Bank
Investment Grade Credit Trader - Director
|
$155,975/yr
|
RANGE: $118,475 - $193,474
|
|
This is an IT support group
Equity Sales Trader
|
$137,338/yr
|
RANGE: $112,781 - $161,895
|
|
Keyrock
OTC Trader - Digital Assets
|
$118,052/yr
|
RANGE: $90,966 - $145,137
|
|
CMC Markets
Equity Sales Trader
|
$137,338/yr
|
RANGE: $112,781 - $161,895
|
Top 10 Highest Paying Cities For Credit Trader Jobs in Michigan
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Credit Trader can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Credit Trader job salaries in Michigan.
Some cities can pay higher salaries for Credit Trader jobs, which can indicate that there is a large demand for Credit Trader positions in this city.
The following table shows top 10 cities where the Credit Trader salary is higher than other cities in Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Credit Trader salary is $133,248 in Ann Arbor,
which is higher than the national average. There are 18 cities' Credit Trader salary higher than national average in Michigan.
The average salary for a Credit Trader in Michigan is $128,183,
but we found that the city with the highest salary for Credit Trader jobs is Ann Arbor, MI, and it is higher than Canton.
Credit Trader jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Ann Arbor | $133,248 | $11,104 | $2,562 | $64 |
| Canton | $132,989 | $11,082 | $2,557 | $64 |
| Novi | $132,599 | $11,050 | $2,550 | $64 |
| Westland | $131,560 | $10,963 | $2,530 | $63 |
| West Bloomfield | $131,041 | $10,920 | $2,520 | $63 |
| Detroit | $130,911 | $10,909 | $2,518 | $63 |
| Warren | $130,911 | $10,909 | $2,518 | $63 |
| Dearborn | $130,911 | $10,909 | $2,518 | $63 |
| Waterford | $130,911 | $10,909 | $2,518 | $63 |
| Dearborn Heights | $130,781 | $10,898 | $2,515 | $63 |
What Does a Credit Trader Do?
John Cortese, US cohead of credit at Barclays and one of the Street's top junk-bond traders, left to run global credit trading at Apollo.
Updated November 13, 2021
After an exodus in its own credit division, HSBC surprised many with a hiring spree, including lifting star junk-bond trader.
Updated November 25, 2021
Dedicated Corporate Credit manage seeks execution trader to work alongside the portfolio manager in positioning trades using Bonds, Loans, CDS and Options (for hedging).
Updated November 12, 2021
Q&A: A credit trader explains why the best of his breed are a polished, charismatic, tenacious, combination of lawyers, accountants and risk managers.
Updated October 27, 2021
Generally, however, it’s a choice between working as a credit trader on the buyside (investors and asset managers) and the sellside (in an investment bank).
Updated October 18, 2021
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Explore JobArchitectFrequently Asked Questions About a Credit Trader Salaries
What is the average of a Credit Trader in Michigan?
The Credit Trader salary range is from $116,508 to $138,862, and the average Credit Trader salary is $128,183/year in Michigan.
The Credit Trader's salary will change in different locations.
Which location pays the highest Credit Trader salary in the United States?
The Credit Trader salary in San Jose, CA is $162,989
which is the highest in the US.
What kinds of reasons will influence the Credit Trader's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Credit Trader.
What is the growth rate of the Credit Trader's salary?
If you are thinking of becoming a Credit Trader or planning the next step in your career, find the detailed salary report of a Credit Trader.
