Credit processor vs commercial credit reviewer

The differences between credit processors and commercial credit reviewers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 3-6 months to become both a credit processor and a commercial credit reviewer. Additionally, a commercial credit reviewer has an average salary of $66,126, which is higher than the $31,890 average annual salary of a credit processor.

The top three skills for a credit processor include data entry, customer service and financial statements. The most important skills for a commercial credit reviewer are capital markets, financial statements, and credit policy.

Credit processor vs commercial credit reviewer overview

	Credit Processor	Commercial Credit Reviewer
Yearly salary	$31,890	$66,126
Hourly rate	$15.33	$31.79
Growth rate	-3%	-3%
Number of jobs	11,088	32,691
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 41%	Bachelor's Degree, 64%
Average age	44	44
Years of experience	6	6

Credit processor vs commercial credit reviewer salary

Credit processors and commercial credit reviewers have different pay scales, as shown below.

	Credit Processor	Commercial Credit Reviewer
Average salary	$31,890	$66,126
Salary range	Between $26,000 And $38,000	Between $39,000 And $109,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between credit processor and commercial credit reviewer education

There are a few differences between a credit processor and a commercial credit reviewer in terms of educational background:

	Credit Processor	Commercial Credit Reviewer
Most common degree	Bachelor's Degree, 41%	Bachelor's Degree, 64%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Credit processor vs commercial credit reviewer demographics

Here are the differences between credit processors' and commercial credit reviewers' demographics:

	Credit Processor	Commercial Credit Reviewer
Average age	44	44
Gender ratio	Male, 25.3% Female, 74.7%	Male, 40.4% Female, 59.6%
Race ratio	Black or African American, 9.8% Unknown, 3.9% Hispanic or Latino, 17.4% Asian, 4.0% White, 64.4% American Indian and Alaska Native, 0.6%	Black or African American, 9.1% Unknown, 3.9% Hispanic or Latino, 17.9% Asian, 4.0% White, 64.5% American Indian and Alaska Native, 0.6%
LGBT Percentage	9%	9%

Differences between credit processor and commercial credit reviewer duties and responsibilities

Credit processor example responsibilities.

Manage accounting operations, accounting close, account reporting and reconciliations.
Obtain credit reports, run background checks
Review specific lender guidelines for conventional, FHA and VA refinance/purchase transactions.
Analyze personal credit reports and Dunn & Bradstreet business credit reports.
Review closing agents' packages after closing, wire funds and review HUD-1 documents.
Verify all documentation meets FHA guidelines and regulations.

Commercial credit reviewer example responsibilities.

Manage a team to help facilitate efficient loan origination, underwriting and closing.
Participate in meetings with inter agencies and other entities as appropriate to facilitate and enhance the Medicaid eligibility determination process.
Participate in structuring terms and reviewing legal documents for derivative transactions, letters of credit, and liquidity facilities.

Credit processor vs commercial credit reviewer skills

Common credit processor skills

Data Entry, 16%
Customer Service, 15%
Financial Statements, 6%
Credit Card Processing, 5%
Credit Card Payments, 5%
Credit Bureaus, 4%

Common commercial credit reviewer skills

Capital Markets, 37%
Financial Statements, 34%
Credit Policy, 9%
Financial Data, 7%
Financial Performance, 7%
Credit Approval, 3%

Credit Processor vs. similar jobs

Credit Processor related careers

Credit Processor related jobs

What similar roles do

Zippia Careers
Office and Administrative Industry
Credit Processor
Credit Processor vs Commercial Credit Reviewer

Updated January 8, 2025

Browse office and administrative jobs