Credit risk management director vs finance administrator

The differences between credit risk management directors and finance administrators 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 risk management director and a finance administrator. Additionally, a credit risk management director has an average salary of $147,122, which is higher than the $55,541 average annual salary of a finance administrator.

The top three skills for a credit risk management director include SAS, derivative and alll. The most important skills for a finance administrator are customer service, financial aid, and powerpoint.

Credit risk management director vs finance administrator overview

	Credit Risk Management Director	Finance Administrator
Yearly salary	$147,122	$55,541
Hourly rate	$70.73	$26.70
Growth rate	17%	17%
Number of jobs	87,019	130,256
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 75%	Bachelor's Degree, 61%
Average age	46	46
Years of experience	8	8

What does a credit risk management director do?

A credit risk management director spearheads and oversees the credit management activities of an organization, ensuring operations run smoothly and efficiently according to company standards and regulations. They have the authority to make significant decisions, coordinate managers and supervisors, delegate responsibilities, negotiate and build positive relationships with external parties, and implement programs that will optimize company operations. They also participate in recruiting and hiring staff, developing plans and strategies, and engaging with clients. Additionally, a credit risk management director empowers employees and implements company policies, creating new ones as necessary.

What does a finance administrator do?

A finance administrator is responsible for supporting the financial operations of an organization, handling the accuracy of financial transactions, and resolving discrepancies in the company's financial statements. Finance administrators analyze the company's financial performance, including its losses and revenues, writing financial reports, and providing recommendations for cost-reduction processes to minimize financial risks. They also handle the allocation of departmental budgets, assist in tax audits, and process invoices and payroll release. A finance administrator must have excellent analytical skills and an extensive knowledge of the financial industry.

Credit risk management director vs finance administrator salary

Credit risk management directors and finance administrators have different pay scales, as shown below.

	Credit Risk Management Director	Finance Administrator
Average salary	$147,122	$55,541
Salary range	Between $95,000 And $227,000	Between $38,000 And $80,000
Highest paying City	Albany, NY	Dover, DE
Highest paying state	New Hampshire	Delaware
Best paying company	LendingClub	State Street
Best paying industry	Finance	Manufacturing

Differences between credit risk management director and finance administrator education

There are a few differences between a credit risk management director and a finance administrator in terms of educational background:

	Credit Risk Management Director	Finance Administrator
Most common degree	Bachelor's Degree, 75%	Bachelor's Degree, 61%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Credit risk management director vs finance administrator demographics

Here are the differences between credit risk management directors' and finance administrators' demographics:

	Credit Risk Management Director	Finance Administrator
Average age	46	46
Gender ratio	Male, 72.5% Female, 27.5%	Male, 29.3% Female, 70.7%
Race ratio	Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3%	Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 9.2% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between credit risk management director and finance administrator duties and responsibilities

Credit risk management director example responsibilities.

Lead SOX project planning and implementation, successfully implement the corporate governance policies and internal control framework.
Perform due diligence and treasury integration for acquisitions in the U.S. and Mexico.
Work on risk strategies with executives, Connell executives, treasury, and outside counsel.
Coordinate with trading desks and legal groups in structuring collateral arrangements for various derivative products.
Major focus are on risk and DSO, integrating acquisitions, national accounts, high-risk customer visitations/negotiations, and trend identification/remediation.
Develop and implement credit and collection polices and controls for Sarbanes-Oxley compliance for the entire corporation and publish across all divisions.

Finance administrator example responsibilities.

Manage the design and implementation of appropriate controls as per Sarbanes-Oxley (SOX) and internal corporate procedures.
Manage key logistics and secure necessary resources within budget constraints.
Monitor all transactions in assign inventory finance portfolio to manage invoice funding approval decision.
Do A/P, A/R and G/L.
Prepare daily, weekly and monthly reports including fund loans, commissions, titles, A/P & A/R.
Assist families with Medicaid applications.

Credit risk management director vs finance administrator skills

Common credit risk management director skills

SAS, 7%
Derivative, 5%
Alll, 5%
Real Estate, 5%
SQL, 5%
Financial Institutions, 4%

Common finance administrator skills

Customer Service, 17%
Financial Aid, 12%
PowerPoint, 7%
Rehabilitation, 7%
Balance Sheet, 4%
Human Resources, 4%

Credit Risk Management Director vs. similar jobs

Credit Risk Management Director related careers

Credit Risk Management Director related jobs

What similar roles do

Zippia Careers
Executive Management Industry
Credit Risk Management Director
Credit Risk Management Director vs Finance Administrator

Updated January 8, 2025

Browse executive management jobs