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Title department manager vs credit manager

The differences between title department managers 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 a title department manager and a credit manager. Additionally, a title department manager has an average salary of $87,956, which is higher than the $68,583 average annual salary of a credit manager.

The top three skills for a title department manager include real estate, title commitments and customer issues. The most important skills for a credit manager are customer service, financial statements, and credit card.

Title department manager vs credit manager overview

Title Department ManagerCredit Manager
Yearly salary$87,956$68,583
Hourly rate$42.29$32.97
Growth rate17%17%
Number of jobs62,57863,898
Job satisfaction3-
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 67%
Average age4646
Years of experience88

Title department manager vs credit manager salary

Title department managers and credit managers have different pay scales, as shown below.

Title Department ManagerCredit Manager
Average salary$87,956$68,583
Salary rangeBetween $34,000 And $225,000Between $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 title department manager and credit manager education

There are a few differences between a title department manager and a credit manager in terms of educational background:

Title Department ManagerCredit Manager
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Title department manager vs credit manager demographics

Here are the differences between title department managers' and credit managers' demographics:

Title Department ManagerCredit Manager
Average age4646
Gender ratioMale, 38.4% Female, 61.6%Male, 53.9% Female, 46.1%
Race ratioBlack or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 7.3% White, 65.3% 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 Percentage11%11%

Differences between title department manager and credit manager duties and responsibilities

Title department manager example responsibilities.

  • Manage national and international POS system installations, including schedules, manpower requirements, and travel itineraries.
  • Assist in the development of escrow department and title departments.
  • Submit all paperwork to DMV's to have titles duplicate or correct.
  • Process and deliver all DMV relate documents for processing directly with the DMV.
  • Negotiate, review and authorize sales contracts, conveyance documents and settlement statements with prospective buyers.
  • Delegate simple curative issues to associates responsible for clearing all minor clouds prior to opening of escrow.
  • Show more

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.
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Title department manager vs credit manager skills

Common title department manager skills
  • Real Estate, 19%
  • Title Commitments, 10%
  • Customer Issues, 10%
  • Escrow, 9%
  • Title Searches, 7%
  • Closings, 6%
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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