The average salary for a Credit Administrator is $56,602.
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$38k - $134k
$496 - $20k
$250 - $5k
$31k - $121k
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Job Description for Credit Administrator
Credit administrators are responsible for managing and administrating credit-related duties on behalf of their company, and are in charge of facilitating and providing support-processing and electronic solutions for credit transactions. They also analyze credit requirements, process approval applications as required, approve and renew credit limits for clients and partners, and participate in business meetings to suggest new ways to approach credit administration processes. Those in this positi…Read more
Credit Administrator Tasks
- Assess credit risk.
- Aggregate and evaluate data related to credit and credit risk to support organizational decision-making.
- Ensure that approved accounts remain in good standing.
- Establish terms for approved credit requests.
Popular Employer Salaries for Credit Administrator
Credit Administrator Job Listings
Popular Skills for Credit Administrator
Skills in Credit Control, Financial Analysis, Microsoft Excel and Office Administration are correlated to pay that is above average. Skills that pay less than market rate include Accounts Receivable.
Pay by Experience Level for Credit Administrator
An entry-level Credit Administrator with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $40,400 based on 32 salaries. An early career Credit Administrator with 1-4 years of experience earns an average total compensation of $47,542 based on 64 salaries. A mid-career Credit Administrator with 5-9 years of experience earns an average total compensation of $74,450 based on 42 salaries. An experienced Credit Administrator with 10-19 years of experience earns an average total compensation of $81,227 based on 57 salaries. In their late career (20 years and higher), employees earn an average total compensation of $91,500.
Employees with Credit Administrator in their job title in Los Angeles, California earn an average of 77.6% more than the national average. The lowest salaries can be found in New York, New York (10.1% less).
Years of Experience
This data is based on 221 survey responses.