The average salary for a Credit Manager in New York, New York is $76,283.
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$49k - $112k
$2k - $15k
$52k - $112k
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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 cred…Read more
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
Explore the most common career paths for Credit Manager. Thickness and color of lines indicates how common a path is.
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Credit Manager Job Listings
Popular Skills for Credit Manager
Skills in Credit Control, Accounts Receivable and Financial Analysis are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel and Bill Collections.
Pay by Experience Level for Credit Manager
An early career Credit Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $60,000 based on 9 salaries. A mid-career Credit Manager with 5-9 years of experience earns an average total compensation of $75,000 based on 12 salaries. An experienced Credit Manager with 10-19 years of experience earns an average total compensation of $80,012 based on 17 salaries. In their late career (20 years and higher), employees earn an average total compensation of $96,608.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Credit Manager in their job title in Houston, Texas earn an average of 0.2% more than the national average. The lowest salaries can be found in Portland, Oregon (20.9% less), Chicago, Illinois (19.5% less) and Dallas, Texas (18.0% less).
Years of Experience
This data is based on 42 survey responses.