Average Credit Manager Salary

$64,193
Avg. SalaryShow Hourly Rate
$4,944
Bonus
$5,855
Commission
$2,472
Profit Sharing
What am I worth?
Get pay report
How should I pay?
Price a job
The average salary for a Credit Manager is $64,193.
10%
$44k
10%
$64k
50%
$96k
90%
90%
MEDIAN $64,193
Is Credit Manager your job title? Get a personalized salary report!
How it works:
1
Enter city & years of experience
2
Add pay factors like skills & education
3
Find your market worth with a report tailored to you
United States (change)
Salary
$44k - $96k
Bonus
$520 - $15k
Profit Sharing
$1k - $12k
Commission
$500 - $6k
Total Pay
$40k - $101k

Your Market Worth Over Time

How has your pay changed over time for your market? Find out by taking our salary quiz.

Job Description for Credit Manager

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.
The top respondents for the job title Credit Manager are from the companies Ferguson Enterprises, Inc., Core-Mark International, Inc. and U.S. Bank. Reported salaries are highest at U.S. Bank where the average pay is $95,000. Other companies that offer high salaries for this role include SYSCO Corporation and Hajoca Corporation, earning around $79,084 and $62,400, respectively. Core-Mark International, Inc. pays the lowest at around $46,016. Xerox Corporation and HD Supply Inc. also pay on the lower end of the scale, paying $48,814 and $59,625, respectively.

Career Paths

Explore the most common career paths for Credit Manager. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Credit Manager
Credit Analyst
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Credit Manager Job Listings

Popular Skills for Credit Manager

Skills in Credit Control, Risk Management / Risk Control and Financial Analysis are correlated to pay that is above average. Skills that pay less than market rate include Bill Collections and Accounts Receivable.

Pay by Experience Level for Credit Manager

An entry-level Credit Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $48,574 based on 84 salaries. An early career Credit Manager with 1-4 years of experience earns an average total compensation of $53,733 based on 401 salaries. A mid-career Credit Manager with 5-9 years of experience earns an average total compensation of $62,316 based on 460 salaries. An experienced Credit Manager with 10-19 years of experience earns an average total compensation of $68,012 based on 779 salaries. In their late career (20 years and higher), employees earn an average total compensation of $70,734.
Employees with Credit Manager in their job title in Houston, Texas earn an average of 19.0% more than the national average. These job titles also find higher than average salaries in New York, New York (18.8% more) and Minneapolis, Minnesota (15.0% more). The lowest salaries can be found in Portland, Oregon (6.0% less) and Dallas, Texas (2.6% less).

Years of Experience

This data is based on 2,295 survey responses.
Entry Level
3.7%
Early Career
17.5%
Mid Career
20.0%
Experienced
33.9%
Late Career
24.9%

Related Job Salaries