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Institutional asset manager vs credit manager

The differences between institutional asset managers and credit managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become an institutional asset manager, becoming a credit manager takes usually requires 6-8 years. Additionally, an institutional asset manager has an average salary of $70,086, which is higher than the $68,583 average annual salary of a credit manager.

The top three skills for an institutional asset manager include patient care, IRB and clinical trials. The most important skills for a credit manager are customer service, financial statements, and credit card.

Institutional asset manager vs credit manager overview

Institutional Asset ManagerCredit Manager
Yearly salary$70,086$68,583
Hourly rate$33.70$32.97
Growth rate17%17%
Number of jobs13,65963,898
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 67%
Average age4746
Years of experience108

Institutional asset manager vs credit manager salary

Institutional asset managers and credit managers have different pay scales, as shown below.

Institutional Asset ManagerCredit Manager
Average salary$70,086$68,583
Salary rangeBetween $41,000 And $117,000Between $39,000 And $119,000
Highest paying City-San Francisco, CA
Highest paying state-Oregon
Best paying company-Microsoft
Best paying industry-Finance

Differences between institutional asset manager and credit manager education

There are a few differences between an institutional asset manager and a credit manager in terms of educational background:

Institutional Asset ManagerCredit Manager
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Institutional asset manager vs credit manager demographics

Here are the differences between institutional asset managers' and credit managers' demographics:

Institutional Asset ManagerCredit Manager
Average age4746
Gender ratioMale, 55.7% Female, 44.3%Male, 53.9% Female, 46.1%
Race ratioBlack or African American, 7.5% Unknown, 4.7% Hispanic or Latino, 12.6% Asian, 8.9% White, 65.6% American Indian and Alaska Native, 0.7%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%
LGBT Percentage10%11%

Differences between institutional asset manager and credit manager duties and responsibilities

Institutional asset manager example responsibilities.

  • Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
  • Coordinate the development and management of appropriate personnel information, management database providing seamless integration with payroll and other school functions.
  • Conduct weekly seminars on recruiting new members and competitive lenders.

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.
  • Show more

Institutional asset manager vs credit manager skills

Common institutional asset manager skills
  • Patient Care, 29%
  • IRB, 14%
  • Clinical Trials, 13%
  • Financial Reports, 8%
  • CRM, 7%
  • Relationship Management, 7%
Common credit manager skills
  • Customer Service, 16%
  • Financial Statements, 9%
  • Credit Card, 5%
  • Credit Risk, 5%
  • Credit Policy, 5%
  • Customer Accounts, 4%

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