Credit manager vs deputy manager

The differences between credit managers and deputy managers 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 manager, becoming a deputy manager takes usually requires 4-6 years. Additionally, a deputy manager has an average salary of $105,544, 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 deputy manager are cash management, java, and infrastructure management.

Credit manager vs deputy manager overview

	Credit Manager	Deputy Manager
Yearly salary	$68,583	$105,544
Hourly rate	$32.97	$50.74
Growth rate	17%	6%
Number of jobs	63,898	288,526
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 58%
Average age	46	44
Years of experience	8	6

Credit manager vs deputy manager salary

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

	Credit Manager	Deputy Manager
Average salary	$68,583	$105,544
Salary range	Between $39,000 And $119,000	Between $67,000 And $164,000
Highest paying City	San Francisco, CA	New York, NY
Highest paying state	Oregon	New York
Best paying company	Microsoft	Majesco
Best paying industry	Finance	Pharmaceutical

Differences between credit manager and deputy manager education

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

	Credit Manager	Deputy Manager
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 58%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Credit manager vs deputy manager demographics

Here are the differences between credit managers' and deputy managers' demographics:

	Credit Manager	Deputy Manager
Average age	46	44
Gender ratio	Male, 53.9% Female, 46.1%	Male, 64.3% Female, 35.7%
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, 6.6% Unknown, 4.4% Hispanic or Latino, 13.9% Asian, 6.7% White, 67.9% American Indian and Alaska Native, 0.5%
LGBT Percentage	11%	10%

Differences between credit manager and deputy 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.

Deputy manager example responsibilities.

Manage and coordinate the SLA's with vendors.
Lead and motivate the team to achieve corporate activity list compliance and KPI's.
Lead a project of customize ERP development, from the definition stage up to implementation.
Lead all aspects of the accounting and bookkeeping functions, utilizing ERP for a large shipbuilding company specialize in long-term construction.
Manage the infrastructure and operation integrations of acquire companies to the Mexico manufacturing operations.
Perform added responsibility of book keeping, AR/AP entries, payroll ledger, and financial statements.

Credit manager vs deputy 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 deputy manager skills

Cash Management, 14%
Java, 12%
Infrastructure Management, 8%
Internal Audit, 6%
Production Planning, 5%
Logistics, 4%