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Credit negotiator vs credit administrator

The differences between credit negotiators and credit administrators 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 negotiator and a credit administrator. Additionally, a credit negotiator has an average salary of $207,848, which is higher than the $59,271 average annual salary of a credit administrator.

The top three skills for a credit negotiator include outbound calls, consumer debt and collection agencies. The most important skills for a credit administrator are financial statements, credit card payments, and real estate.

Credit negotiator vs credit administrator overview

Credit NegotiatorCredit Administrator
Yearly salary$207,848$59,271
Hourly rate$99.93$28.50
Growth rate--8%
Number of jobs5,45855,726
Job satisfaction-2
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 63%
Average age3939
Years of experience22

Credit negotiator vs credit administrator salary

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

Credit NegotiatorCredit Administrator
Average salary$207,848$59,271
Salary rangeBetween $100,000 And $431,000Between $33,000 And $106,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-BNY Mellon
Best paying industry--

Differences between credit negotiator and credit administrator education

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

Credit NegotiatorCredit Administrator
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Credit negotiator vs credit administrator demographics

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

Credit NegotiatorCredit Administrator
Average age3939
Gender ratioMale, 40.5% Female, 59.5%Male, 28.4% Female, 71.6%
Race ratioBlack 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%Black or African American, 8.1% Unknown, 2.7% Hispanic or Latino, 10.0% Asian, 9.4% White, 69.5% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between credit negotiator and credit administrator duties and responsibilities

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 administrator example responsibilities.

  • Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
  • Utilize computer software including QuickBooks to maintain account activity and ensure accuracy; reconcile inaccuracies between invoices and accounts receivable payments.
  • Utilize computer software including QuickBooks to maintain account activity and ensure accuracy; reconcile inaccuracies between invoices and accounts receivable payments.

Credit negotiator vs credit administrator skills

Common credit negotiator skills
  • Outbound Calls, 29%
  • Consumer Debt, 19%
  • Collection Agencies, 11%
  • Computer System, 11%
  • POA, 10%
  • Inbound Calls, 6%
Common credit administrator skills
  • Financial Statements, 6%
  • Credit Card Payments, 6%
  • Real Estate, 5%
  • Customer Service, 5%
  • Loan Portfolio, 5%
  • Credit Policy, 4%

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