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Credit director vs assistant branch manager

The differences between credit directors 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 a credit director and an assistant branch manager. Additionally, a credit director has an average salary of $129,845, which is higher than the $49,913 average annual salary of an assistant branch manager.

The top three skills for a credit director include credit policy, oversight and credit card. The most important skills for an assistant branch manager are quality customer service, branch management, and excellent organizational.

Credit director vs assistant branch manager overview

Credit DirectorAssistant Branch Manager
Yearly salary$129,845$49,913
Hourly rate$62.43$24.00
Growth rate17%17%
Number of jobs10,81337,800
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 66%
Average age4646
Years of experience88

What does a credit director do?

A credit director oversees an organization's credit-granting activities, ensuring operations adhere to credit policies and standards. Their responsibilities include making decisions in adherence with the company's short- and long-term goals, setting priorities, establishing timelines, conducting regular reviews and assessments, negotiating with external parties, and coordinating managers and supervisors. They may also manage employees to achieve these goals.

What does an assistant branch manager do?

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.

Credit director vs assistant branch manager salary

Credit directors and assistant branch managers have different pay scales, as shown below.

Credit DirectorAssistant Branch Manager
Average salary$129,845$49,913
Salary rangeBetween $76,000 And $220,000Between $35,000 And $70,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateAlaskaNew Jersey
Best paying companyAspirationCentennial Bank
Best paying industryFinanceTransportation

Differences between credit director and assistant branch manager education

There are a few differences between a credit director and an assistant branch manager in terms of educational background:

Credit DirectorAssistant Branch Manager
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Credit director vs assistant branch manager demographics

Here are the differences between credit directors' and assistant branch managers' demographics:

Credit DirectorAssistant Branch Manager
Average age4646
Gender ratioMale, 72.7% Female, 27.3%Male, 45.3% Female, 54.7%
Race ratioBlack or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 15.3% Asian, 8.3% White, 64.0% 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 Percentage11%11%

Differences between credit director and assistant branch manager duties and responsibilities

Credit director example responsibilities.

  • Manage a staff of 50+ FTE.
  • Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
  • Communicate collection concepts to associates using FDCPA guidelines and the company training guide.
  • Developed/Share best practices, including collection practices and FDCPA rules/regulations training.
  • Approve and prepare attorney cases for processing, guardianship, Medicaid eligibility and/or litigation.
  • Major focus are on risk and DSO, integrating acquisitions, national accounts, high-risk customer visitations/negotiations, and trend identification/remediation.
  • Show more

Assistant branch manager example responsibilities.

  • Manage the treasury internal control, internal audit, and external audit quarterly reviews.
  • Manage LTO's, review and approve all credits and assist with collections and A/R.
  • Manage the daily production operations and quality control; ensure that processes are in compliance with OSHA and company standards.
  • Negotiate service agreements for managing refrigeration and HVAC costs and prepare quoted work estimates.
  • Maintain existing customer relationships and develop new contacts through networking, cross-selling opportunities, and referrals.
  • Construct and maintain reporting system to assure HCS, HACCP, JACHO, and OSHA standard where maintain.
  • Show more

Credit director vs assistant branch manager skills

Common credit director skills
  • Credit Policy, 6%
  • Oversight, 6%
  • Credit Card, 5%
  • Process Improvement, 5%
  • Receivable Portfolio, 4%
  • Credit Risk Management, 4%
Common assistant branch manager skills
  • Quality Customer Service, 8%
  • Branch Management, 7%
  • Excellent Organizational, 6%
  • Loan Applications, 6%
  • Bank Products, 6%
  • Customer Satisfaction, 5%

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