Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between assistant credit managers and assistant branch managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an assistant credit manager and an assistant branch manager. Additionally, an assistant credit manager has an average salary of $58,664, which is higher than the $49,913 average annual salary of an assistant branch manager.
The top three skills for an assistant credit manager include financial statements, credit limits and past due accounts. The most important skills for an assistant branch manager are quality customer service, branch management, and excellent organizational.
| Assistant Credit Manager | Assistant Branch Manager | |
| Yearly salary | $58,664 | $49,913 |
| Hourly rate | $28.20 | $24.00 |
| Growth rate | 17% | 17% |
| Number of jobs | 40,924 | 37,800 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 66% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
An assistant credit manager performs support tasks to assist credit managers in handling credit accounts and procedures. Among their usual responsibilities include managing credit applications, verifying information and requirements, and evaluating the applicants' credit scores and financial records to ensure their ability to uphold financial obligations. Moreover, they also perform clerical tasks such as preparing and processing documents, handling calls and correspondence, organizing files, liaising with clients, answering inquiries, and resolving issues and concerns should any arise. In the absence of the manager, they have the responsibility to oversee staff and monitor operations to ensure an efficient workflow.
An assistant branch manager's primary responsibility is to oversee the daily operations in their designated area, ensuring that everything is running smoothly from the workflow to the workforce. Although the tasks will vary depending on the organization or industry where one is involved, most of it will revolve around evaluating and monitoring employees' progress. Additional duties include responding to calls and inquiries, managing work schedules, and making sure that customers are satisfied with all services and transactions. Moreover, an assistant branch manager must also prioritize meeting the sales targets and staying within the allotted budget and deadlines.
Assistant credit managers and assistant branch managers have different pay scales, as shown below.
| Assistant Credit Manager | Assistant Branch Manager | |
| Average salary | $58,664 | $49,913 |
| Salary range | Between $30,000 And $113,000 | Between $35,000 And $70,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | New Jersey |
| Best paying company | - | Centennial Bank |
| Best paying industry | - | Transportation |
There are a few differences between an assistant credit manager and an assistant branch manager in terms of educational background:
| Assistant Credit Manager | Assistant Branch Manager | |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between assistant credit managers' and assistant branch managers' demographics:
| Assistant Credit Manager | Assistant Branch Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 44.4% Female, 55.6% | Male, 45.3% Female, 54.7% |
| Race ratio | Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.2% White, 64.6% American Indian and Alaska Native, 0.3% | Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 8.4% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |