The majority of Credit Managers with Risk Management / Risk Control skills — two-thirds — boast more than 10 years of experience in their profession. Salaries stretch from $44K to $96K per year, and the median is $64K annually. Final cash compensation to Credit Managers with Risk Management / Risk Control skills varies from around $44K to approximately $96K; choice pay grades include potential for bonuses and profit sharing as high as $15K and $12K, respectively. Geography is the biggest factor affecting pay for this group, followed by years of experience. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to a majority. Women make up a slight majority of Credit Managers with Risk Management / Risk Control skills (58 percent) survey respondents. The majority of Credit Managers with Risk Management / Risk Control skills claim high levels of job satisfaction. This overview is based on answers to PayScale's salary questionnaire.

$44,568 - $92,237
$45K
$64K
$92K
MEDIAN: $64,293
10%
50%
90%

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$14.77 - $27.32
$15
$20
$27
MEDIAN: $20.45
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$32K$64K$96K
Salary
$44,568 - $92,237  
   
Bonus
$408.51 - $14,741  
Profit Sharing
$0.00 - $11,836  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$44,195 - $95,957  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 285
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$16$32$48
Hourly Rate
$14.77 - $27.32  
   
Overtime
$24.00  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$32K$64K$96K
Bonus
$408.51 - $14,741  
   
Profit Sharing
$0.00 - $11,836  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$44,195 - $95,957  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 22

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Pay by Experience Level for Credit Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Credit Managers with Risk Management / Risk Control skills, experience does not seem to be a major factor in determining pay. Relatively untried employees who have less than five years' experience make $56K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $63K. People with 10 to 20 years of experience make an average of about $69K in this role. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $73K.

Key Stats for Credit Manager

Gender

Female
58 %
Male
42 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 63 votes.
037
Less than 1 year
1%
1-4 years
12%
5-9 years
21%
10-19 years
37%
20 years or more
30%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Credit Manager Salaries

Late-Career
up arrow 11%

Experienced
up arrow 5%

National Average
$66,000

Mid-Career
up arrow 3%

Entry-Level
up arrow 15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 63 votes.

Gender

Female
58 %
Male
42 %

Years of Experience

Less than 1 year
1%
1-4 years
12%
5-9 years
21%
10-19 years
37%
20 years or more
30%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 75%
vision benefits
Vision: 65%
dental benefits
None: 12%
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