Credit administration manager vs risk manager

The differences between credit administration managers and risk 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 a risk manager. Additionally, a credit administration manager has an average salary of $148,487, which is higher than the $116,072 average annual salary of a risk manager.

The top three skills for a credit administration manager include risk management, powerpoint and credit decisions. The most important skills for a risk manager are oversight, risk assessments, and project management.

Credit administration manager vs risk manager overview

	Credit Administration Manager	Risk Manager
Yearly salary	$148,487	$116,072
Hourly rate	$71.39	$55.80
Growth rate	17%	17%
Number of jobs	41,610	75,795
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 66%
Average age	46	46
Years of experience	8	8

Credit administration manager vs risk manager salary

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

	Credit Administration Manager	Risk Manager
Average salary	$148,487	$116,072
Salary range	Between $94,000 And $233,000	Between $84,000 And $160,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	California
Best paying company	-	Credit Karma
Best paying industry	-	Technology

Differences between credit administration manager and risk manager education

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

	Credit Administration Manager	Risk Manager
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Credit administration manager vs risk manager demographics

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

	Credit Administration Manager	Risk Manager
Average age	46	46
Gender ratio	Male, 43.4% Female, 56.6%	Male, 59.3% Female, 40.7%
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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.5% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between credit administration manager and risk 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.

Risk manager example responsibilities.

Lead team in addressing Sarbanes-Oxley, HIPAA, and SAS70 compliance and control mandates.
Develop procedures and policies to manage site implementation of successful JD Edwards ERP system.
Direct staff, manage A/R and reconciliations, petty cash disbursements and tracking of all incoming claims and payments.
Manage the loan loss receivables SAS data mart, document change initiatives, implement SAS coding changes and process ongoing updates.
Manage accounting procedures and general ledger reconciliations.
Lead SOX project planning and implementation, successfully implement the corporate governance policies and internal control framework.

Credit administration manager vs risk manager skills

Common credit administration manager skills

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

Common risk manager skills

Oversight, 10%
Risk Assessments, 6%
Project Management, 6%
Portfolio, 5%
Strong Analytical, 4%
Operational Risk, 4%

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Executive Management Industry
Credit Administration Manager
Credit Administration Manager vs Risk Manager

Updated January 8, 2025

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