Credit negotiator vs negotiator

The differences between credit negotiators and negotiators can be seen in a few details. Each job has different responsibilities and duties. Additionally, a credit negotiator has an average salary of $207,848, which is higher than the $63,632 average annual salary of a negotiator.

The top three skills for a credit negotiator include outbound calls, consumer debt and collection agencies. The most important skills for a negotiator are financial statements, powerpoint, and nielsen.

Credit negotiator vs negotiator overview

	Credit Negotiator	Negotiator
Yearly salary	$207,848	$63,632
Hourly rate	$99.93	$30.59
Growth rate	-	5%
Number of jobs	5,458	8,748
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 51%	Bachelor's Degree, 64%
Average age	39	44
Years of experience	2	-

Credit negotiator vs negotiator salary

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

	Credit Negotiator	Negotiator
Average salary	$207,848	$63,632
Salary range	Between $100,000 And $431,000	Between $35,000 And $114,000
Highest paying City	-	Islip, NY
Highest paying state	-	New York
Best paying company	-	Bloomberg
Best paying industry	-	Media

Differences between credit negotiator and negotiator education

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

	Credit Negotiator	Negotiator
Most common degree	Bachelor's Degree, 51%	Bachelor's Degree, 64%
Most common major	Business	Business
Most common college	University of Pennsylvania	-

Credit negotiator vs negotiator demographics

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

	Credit Negotiator	Negotiator
Average age	39	44
Gender ratio	Male, 40.5% Female, 59.5%	Male, 47.4% Female, 52.6%
Race ratio	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%	Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage	11%	11%

Differences between credit negotiator and negotiator 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.

Negotiator example responsibilities.

Manage the sales per FHLMC guidelines to ensure the integrity of each sale.
Identify and select Medicaid manage care providers for contracting opportunities.
Manage expectations of DCMA / DCAA regulators and when necessary defend evaluated/negotiated positions.
Provide assistance with escrow questions pertaining to taxes and insurance.
Prepare and submit reports as required by the IDIQ contracts.
Initiate initial mortgage insurance claims on cases that are covered by PMI.

Credit negotiator vs negotiator skills

Common credit negotiator skills

Outbound Calls, 29%
Consumer Debt, 19%
Collection Agencies, 11%
Computer System, 11%
POA, 10%
Inbound Calls, 6%

Common negotiator skills

Financial Statements, 11%
PowerPoint, 10%
Nielsen, 7%
Loan Modifications, 7%
Foreclosure, 6%
Strategic Sourcing, 4%