Average Credit Manager Salary in Chicago, Illinois

$61,445
Avg. SalaryShow Hourly Rate
$4,250
Bonus
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The average salary for a Credit Manager in Chicago, Illinois is $61,445.
10%
$50k
10%
$61k
50%
$92k
90%
90%
MEDIAN $61,445
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United States (change)
Salary
$50k - $92k
Bonus
$3k - $9k
Total Pay
$48k - $96k

Your Market Worth Over Time

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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.

Credit Manager Job Listings

Popular Skills for Credit Manager

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

Pay by Experience Level for Credit Manager

A mid-career Credit Manager with 5-9 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $53,237 based on 6 salaries. An experienced Credit Manager with 10-19 years of experience earns an average total compensation of $83,000 based on 8 salaries. In their late career (20 years and higher), employees earn an average total compensation of $68,000.
Employees with Credit Manager in their job title in Houston, Texas earn an average of 24.4% more than the national average. These job titles also find higher than average salaries in New York, New York (24.1% more) and Minneapolis, Minnesota (20.2% more). The lowest salaries can be found in Portland, Oregon (1.8% less).

Years of Experience

This data is based on 22 survey responses.
Mid Career
27.3%
Experienced
36.4%
Late Career
36.4%

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