Credit administration manager vs asset manager

The differences between credit administration managers and asset managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a credit administration manager and an asset manager. Additionally, a credit administration manager has an average salary of $148,487, which is higher than the $85,814 average annual salary of an asset manager.

The top three skills for a credit administration manager include risk management, powerpoint and credit decisions. The most important skills for an asset manager are asset management, financial statements, and property management.

Credit administration manager vs asset manager overview

	Credit Administration Manager	Asset Manager
Yearly salary	$148,487	$85,814
Hourly rate	$71.39	$41.26
Growth rate	17%	17%
Number of jobs	41,610	64,732
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 68%
Average age	46	46
Years of experience	8	8

Credit administration manager vs asset manager salary

Credit administration managers and asset managers have different pay scales, as shown below.

	Credit Administration Manager	Asset Manager
Average salary	$148,487	$85,814
Salary range	Between $94,000 And $233,000	Between $59,000 And $123,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Deutsche Bank
Best paying industry	-	Finance

Differences between credit administration manager and asset manager education

There are a few differences between a credit administration manager and an asset manager in terms of educational background:

	Credit Administration Manager	Asset Manager
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 68%
Most common major	Business	Business
Most common college	University of Pennsylvania	Stanford University

Credit administration manager vs asset manager demographics

Here are the differences between credit administration managers' and asset managers' demographics:

	Credit Administration Manager	Asset Manager
Average age	46	46
Gender ratio	Male, 43.4% Female, 56.6%	Male, 64.3% Female, 35.7%
Race ratio	Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 8.3% White, 63.9% American Indian and Alaska Native, 0.3%	Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.9% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between credit administration manager and asset manager duties and responsibilities

Credit administration manager example responsibilities.

Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
Maintain compliance with SOX compliance controls with an annual review and update.
Participate in structuring terms and reviewing legal documents for derivative transactions, letters of credit, and liquidity facilities.

Asset manager example responsibilities.

Manage and improve the processes require to support server end of life and normal windows patching processes.
Manage a pipeline of assets/projects through the project life cycle of short sale/deed in lieu of foreclosure through closing.
Manage and facilitate IRB investigations of report non-compliance and/or scientific misconduct.
Recognize for financial acumen, successfully managing invoicing, vendor accounts, reconciliations, and target reports.
Manage commercial and multifamily REO portfolio preparing property operating plans to enhance value and marketability of REO asset
Trade structured product securities for accounts manage by other portfolio managers base on economic conditions and the needs of specific portfolios.

Credit administration manager vs asset manager skills

Common credit administration manager skills

Risk Management, 18%
PowerPoint, 17%
Credit Decisions, 13%
Origination, 12%
Credit Risk, 11%
Loan Documentation, 4%

Common asset manager skills

Asset Management, 20%
Financial Statements, 7%
Property Management, 7%
Customer Service, 6%
Oversight, 5%
Loan Portfolio, 5%

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Credit Administration Manager
Credit Administration Manager vs Asset Manager

Updated January 8, 2025

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