Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between investment officers and credit managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an investment officer and a credit manager. Additionally, an investment officer has an average salary of $126,952, which is higher than the $68,583 average annual salary of a credit manager.
The top three skills for an investment officer include portfolio management, asset allocation and risk management. The most important skills for a credit manager are customer service, financial statements, and credit card.
| Investment Officer | Credit Manager | |
| Yearly salary | $126,952 | $68,583 |
| Hourly rate | $61.03 | $32.97 |
| Growth rate | 17% | 17% |
| Number of jobs | 63,096 | 63,898 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
Investment officers determine possible opportunities for businesses and investments that can promote the interest of a company. They are usually responsible for managing and marketing different financial programs, handling money transactions, and providing partnership with clients. Also, they manage the financial investment and approval process. This position typically requires a master's degree in business administration.
A credit manager is an individual who supervises the credit granting process for a company by evaluating the creditworthiness of potential customers. Credit managers must maintain corporate credit policy to optimize company sales and reduce bad debt losses. They must manage the proper relationship with agencies such as the collection agency, credit insurance providers, and the sales department. Credit managers may work in different industries such as banks, accounting firms, or auto dealerships. They must also possess a bachelor's degree in financial management or related field.
Investment officers and credit managers have different pay scales, as shown below.
| Investment Officer | Credit Manager | |
| Average salary | $126,952 | $68,583 |
| Salary range | Between $69,000 And $232,000 | Between $39,000 And $119,000 |
| Highest paying City | Albany, NY | San Francisco, CA |
| Highest paying state | Connecticut | Oregon |
| Best paying company | Matthews International | Microsoft |
| Best paying industry | Finance | Finance |
There are a few differences between an investment officer and a credit manager in terms of educational background:
| Investment Officer | Credit Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between investment officers' and credit managers' demographics:
| Investment Officer | Credit Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 76.7% Female, 23.3% | Male, 53.9% Female, 46.1% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.4% American Indian and Alaska Native, 0.3% | 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 Percentage | 11% | 11% |