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Credit administration manager vs credit administrator

The differences between credit administration managers and credit administrators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a credit administration manager, becoming a credit administrator takes usually requires 1-2 years. Additionally, a credit administration manager has an average salary of $148,487, which is higher than the $59,271 average annual salary of a credit administrator.

The top three skills for a credit administration manager include risk management, powerpoint and credit decisions. The most important skills for a credit administrator are financial statements, credit card payments, and real estate.

Credit administration manager vs credit administrator overview

Credit Administration ManagerCredit Administrator
Yearly salary$148,487$59,271
Hourly rate$71.39$28.50
Growth rate17%-8%
Number of jobs41,61055,726
Job satisfaction-2
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 63%
Average age4639
Years of experience82

Credit administration manager vs credit administrator salary

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

Credit Administration ManagerCredit Administrator
Average salary$148,487$59,271
Salary rangeBetween $94,000 And $233,000Between $33,000 And $106,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-BNY Mellon
Best paying industry--

Differences between credit administration manager and credit administrator education

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

Credit Administration ManagerCredit Administrator
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Credit administration manager vs credit administrator demographics

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

Credit Administration ManagerCredit Administrator
Average age4639
Gender ratioMale, 43.4% Female, 56.6%Male, 28.4% Female, 71.6%
Race ratioBlack 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, 8.1% Unknown, 2.7% Hispanic or Latino, 10.0% Asian, 9.4% White, 69.5% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between credit administration manager and credit administrator 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.

Credit administrator example responsibilities.

  • Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
  • Utilize computer software including QuickBooks to maintain account activity and ensure accuracy; reconcile inaccuracies between invoices and accounts receivable payments.
  • Utilize computer software including QuickBooks to maintain account activity and ensure accuracy; reconcile inaccuracies between invoices and accounts receivable payments.

Credit administration manager vs credit administrator skills

Common credit administration manager skills
  • Risk Management, 18%
  • PowerPoint, 17%
  • Credit Decisions, 13%
  • Origination, 12%
  • Credit Risk, 11%
  • Loan Documentation, 4%
Common credit administrator skills
  • Financial Statements, 6%
  • Credit Card Payments, 6%
  • Real Estate, 5%
  • Customer Service, 5%
  • Loan Portfolio, 5%
  • Credit Policy, 4%

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