Credit Manager with Risk Management / Risk Control Skills Salary (India)

A Credit Manager with Risk Management / Risk Control skills earns an average salary of Rs 587,990 per year. Most people with this job move on to other positions after 20 years in this field. Experience strongly influences pay for this job.

Rs 303,149 - Rs 1,099,107
Rs 300K
Rs 570K
Rs 1M
MEDIAN: Rs 569,711
10%
50%
90%
Rs 0Rs 1M
Salary Rs 303,149 - Rs 1,099,107
Bonus Rs 12,177 - Rs 176,169
Profit Sharing Rs 0.00 - Rs 198,659
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).
)
Rs 346,956 - Rs 1,197,189
  • Country: India
  • Currency: INR
  • Updated: 13 Jan 2018
  • Individuals Reporting: 275

Job Description for Credit Manager

A credit manager primarily focuses on collecting money owed to their company, whether it be for some type of service or a particular product. When someone fails to pay the money that is owed, these professionals initiate legal action and potentially take part in the collection process. Further, a credit manager also plays a major role in negotiating payment options, which could include re-structuring payment plans to make them more manageable based on a party's financial capabilities. The credit manager is also responsible for tracking certain accounts and keeping a close eye on those that have gone unpaid for an extended period of time. A credit manager may have different duties depending on the size of the company in which they are employed.

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Credit Manager Tasks

  • Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money.
  • Prepare reports with this credit information for use in decision-making.

Popular Employer Salaries for Credit Manager

Credit Manager Job Listings

Pay Difference by Location

National Average: Rs 608,368

Larger city markers indicate a job is popular in that location.

Key Stats for Credit Manager

Gender

Female
14 %
Male
86 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.
Less than 1 year
6%
1-4 years
48%
5-9 years
31%
10-19 years
14%
20 years or more
1%

Experience Affects Credit Manager Salaries

Experienced
▲77%

Mid-Career
▲22%

National Average
Rs 608,000

▼3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.

Gender

Female
14 %
Male
86 %

Years of Experience

Less than 1 year
6%
1-4 years
48%
5-9 years
31%
10-19 years
14%
20 years or more
1%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 8%
vision benefits
Vision: 7%
no benefits
None: 22%