Post job

Credit assistant vs credit negotiator

The differences between credit assistants and credit negotiators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a credit assistant and a credit negotiator. Additionally, a credit negotiator has an average salary of $207,848, which is higher than the $33,741 average annual salary of a credit assistant.

The top three skills for a credit assistant include data entry, financial statements and customer service. The most important skills for a credit negotiator are outbound calls, consumer debt, and collection agencies.

Credit assistant vs credit negotiator overview

Credit AssistantCredit Negotiator
Yearly salary$33,741$207,848
Hourly rate$16.22$99.93
Growth rate-5%-
Number of jobs5,2945,458
Job satisfaction--
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 51%
Average age3939
Years of experience22

Credit assistant vs credit negotiator salary

Credit assistants and credit negotiators have different pay scales, as shown below.

Credit AssistantCredit Negotiator
Average salary$33,741$207,848
Salary rangeBetween $26,000 And $43,000Between $100,000 And $431,000
Highest paying CitySan Francisco, CA-
Highest paying stateCalifornia-
Best paying companyCarter Lumber-
Best paying industryFinance-

Differences between credit assistant and credit negotiator education

There are a few differences between a credit assistant and a credit negotiator in terms of educational background:

Credit AssistantCredit Negotiator
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 51%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Credit assistant vs credit negotiator demographics

Here are the differences between credit assistants' and credit negotiators' demographics:

Credit AssistantCredit Negotiator
Average age3939
Gender ratioMale, 20.4% Female, 79.6%Male, 40.5% Female, 59.5%
Race ratioBlack or African American, 7.9% Unknown, 2.7% Hispanic or Latino, 9.7% Asian, 10.7% White, 68.7% American Indian and Alaska Native, 0.3%Black or African American, 8.4% Unknown, 2.7% Hispanic or Latino, 10.0% Asian, 8.6% White, 70.1% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between credit assistant and credit negotiator duties and responsibilities

Credit assistant example responsibilities.

  • Manage accounting operations, accounting close, account reporting and reconciliations.
  • Research applicants and corporations utilizing OFAC, LEXIS/NEXIS, and FastData.
  • Pull customer's personal credit report and analyze (via Equifax).
  • Co-Organize department meetings and orchestrate / create all PowerPoint presentations.
  • Work on A/R and billing for a manufacturing company specializing in premium orthopedic, reconstructive and postoperative products.
  • Monitor Dunn and Bradstreet ratings.
  • Show more

Credit negotiator example responsibilities.

  • Manage accounting operations, accounting close, account reporting and reconciliations.
  • Represent company in arbitration settlement negotiations that result in an agreement to obtain governmental approval for the sale of the business.
  • Participate in structuring terms and reviewing legal documents for derivative transactions, letters of credit, and liquidity facilities.

Credit assistant vs credit negotiator skills

Common credit assistant skills
  • Data Entry, 10%
  • Financial Statements, 9%
  • Customer Service, 8%
  • Credit Card Payments, 6%
  • Past Due Accounts, 6%
  • Credit Applications, 5%
Common credit negotiator skills
  • Outbound Calls, 29%
  • Consumer Debt, 19%
  • Collection Agencies, 11%
  • Computer System, 11%
  • POA, 10%
  • Inbound Calls, 6%

Browse business and financial jobs