Credit manager vs banking center manager

The differences between credit managers and banking center 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 manager and a banking center manager. Additionally, a banking center manager has an average salary of $128,585, which is higher than the $68,583 average annual salary of a credit manager.

The top three skills for a credit manager include customer service, financial statements and credit card. The most important skills for a banking center manager are business development, bank products, and bank policies.

Credit manager vs banking center manager overview

	Credit Manager	Banking Center Manager
Yearly salary	$68,583	$128,585
Hourly rate	$32.97	$61.82
Growth rate	17%	17%
Number of jobs	63,898	87,078
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 70%
Average age	46	46
Years of experience	8	8

What does a credit manager do?

A credit manager is an individual who supervises the credit granting process for a company by evaluating the creditworthiness of potential customers. Credit managers must maintain corporate credit policy to optimize company sales and reduce bad debt losses. They must manage the proper relationship with agencies such as the collection agency, credit insurance providers, and the sales department. Credit managers may work in different industries such as banks, accounting firms, or auto dealerships. They must also possess a bachelor's degree in financial management or related field.

What does a banking center manager do?

A banking center manager is responsible for monitoring bank operations, auditing financial transactions, and ensuring that the banking staff provides the highest customer service for their clients. Banking center managers assist the team members in responding to the customers' inquiries and concerns regarding the financial options they offer, opening accounts, selling financial instruments, and resolving transactional complaints. A banking center manager must have excellent communication and analytical skills, especially in developing banking solutions that would increase the bank's reliability to the customers.

Credit manager vs banking center manager salary

Credit managers and banking center managers have different pay scales, as shown below.

	Credit Manager	Banking Center Manager
Average salary	$68,583	$128,585
Salary range	Between $39,000 And $119,000	Between $95,000 And $173,000
Highest paying City	San Francisco, CA	-
Highest paying state	Oregon	-
Best paying company	Microsoft	-
Best paying industry	Finance	-

Differences between credit manager and banking center manager education

There are a few differences between a credit manager and a banking center manager in terms of educational background:

	Credit Manager	Banking Center Manager
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 70%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Credit manager vs banking center manager demographics

Here are the differences between credit managers' and banking center managers' demographics:

	Credit Manager	Banking Center Manager
Average age	46	46
Gender ratio	Male, 53.9% Female, 46.1%	Male, 47.0% Female, 53.0%
Race ratio	Black or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 15.3% Asian, 7.8% White, 64.5% American Indian and Alaska Native, 0.3%	Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 9.3% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between credit manager and banking center manager duties and responsibilities

Credit manager example responsibilities.

Manage treasury department including all cash management, bank relationships, and debt negotiations.
Manage an initiative to move customers from checks to ACH with CTX or EDI remittances.
Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
Launch the new SBA lending and residential mortgage lending programs.
Complete loan workouts and restructures on SBA 504 and LIHTC multifamily loans.
Leverage GBM using features generate on Experian's tradeline data through unsupervise learning tool Khiops.

Banking center manager example responsibilities.

Manage and increases the efficiency of support services such as human resources, develops individual program budgets; handles payroll.
Manage local beauty-supply branch and are responsible for performing payroll, completing all store inventory, and hiring new employees.
Support clinicians by regularly communicating on center s status, managing patient correspondence, fulfilling pharmaceutical needs, and discharging patients.
Assure compliance with AABB, JCAHO, FDA, CLIA, OSHA, and NAACLS standards.
Review daily, monthly QC, and temp checks.
Ensure compliance with governing agencies such as CLIA, API, OSHA and AABB.

Credit manager vs banking center manager skills

Common credit manager skills

Customer Service, 16%
Financial Statements, 9%
Credit Card, 5%
Credit Risk, 5%
Credit Policy, 5%
Customer Accounts, 4%

Common banking center manager skills

Business Development, 7%
Bank Products, 7%
Bank Policies, 6%
Customer Relationships, 6%
Regulatory Compliance, 4%
Secrecy, 4%

Credit Manager vs. similar jobs

Credit Manager related careers

Credit Manager related jobs

What similar roles do

Zippia Careers
Executive Management Industry
Credit Manager
Credit Manager vs Banking Center Manager

Updated January 8, 2025

Browse executive management jobs