How Much Does a Credit Trader Make in New Jersey?

Updated March 26, 2024
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Individually reported data submitted by users of our website

Low Confidence
$136,838/yr
Average Base Pay
Low $124,504
Average $136,838
High $148,193
The average salary for Credit Trader is $136,838 per year in New Jersey.

Related Job Titles to Credit Trader

Trader
$60,839
New Jersey
Per Year
Power Trader
$118,376
New Jersey
Per Year
Trader (Options)
$78,346
New Jersey
Per Year
Energy Trader
$118,400
New Jersey
Per Year

Similar Job Salaries to Credit Trader by Company

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Company average base salary in (usd) range
Lord Abbett.com
Equity Trader
$161,538/yr
$129,908
$193,168
RANGE: $129,908 - $193,168
BetMGM LLC
Bet Acceptance Trader
$104,207/yr
$90,166
$118,249
RANGE: $90,166 - $118,249
FanDuel
Live Sports Trader (NBA, MLB, NFL)
$214,685/yr
$168,835
$260,535
RANGE: $168,835 - $260,535
Intermedia Group, Inc.
U.S. Equities Sales / Trader – Series 7 / 63
$143,764/yr
$112,819
$174,710
RANGE: $112,819 - $174,710
$83,488/yr
$71,751
$95,224
RANGE: $71,751 - $95,224
New Jersey Community Capital
Credit coordinator
$88,065/yr
$76,745
$99,384
RANGE: $76,745 - $99,384
Valley Bank
Credit officer
$110,743/yr
$92,110
$129,377
RANGE: $92,110 - $129,377
$45,510/yr
$38,813
$52,207
RANGE: $38,813 - $52,207
L'Oreal
Analyst-Credit
$82,819/yr
$72,430
$93,208
RANGE: $72,430 - $93,208

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Top 10 Highest Paying Cities For Credit Trader Jobs in New Jersey

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 New Jersey. 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 New Jersey. Jersey City takes first place in this list, followed by Union City, Hoboken. The Credit Trader salary is $145,828 in Jersey City, which is higher than the national average. There are 33 cities' Credit Trader salary higher than national average in New Jersey.
The average salary for a Credit Trader in New Jersey is $136,838, but we found that the city with the highest salary for Credit Trader jobs is Jersey City, NJ, and it is higher than Union City. Credit Trader jobs in Jersey City can have the opportunity to earn higher salaries than in other cities in New Jersey.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Jersey City $145,828 $12,152 $2,804 $70
Union City $145,828 $12,152 $2,804 $70
Hoboken $145,828 $12,152 $2,804 $70
West New York $145,828 $12,152 $2,804 $70
Paramus $143,830 $11,986 $2,766 $69
Paterson $143,705 $11,975 $2,764 $69
Clifton $143,705 $11,975 $2,764 $69
Passaic $143,705 $11,975 $2,764 $69
Bloomfield $143,705 $11,975 $2,764 $69
Wayne $143,705 $11,975 $2,764 $69

What Does a Credit Trader Do?

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
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
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

Frequently Asked Questions About a Credit Trader Salaries

What is the average of a Credit Trader in New Jersey?

The Credit Trader salary range is from $124,504 to $148,193, and the average Credit Trader salary is $136,838/year in New Jersey. 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 $156,690 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.