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Salary and Benefits

Director OF Credit
$88K-$108K / yr. (est.)
$89K
$98,837 / year
$109K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Director OF Credit

What does a Director OF Credit do?

As directors of credits, we work in the organization’s department of credit to supervise and overlook the credit and collection functions of the organization. We are responsible for hiring, firing, supervising, and promoting employees of the credit department. Also, we encourage sales growth and administer the credit policies of the organization. To conclude we can say that we play a vital role in managing the accounts section of an organization, and to manage the portfolio of receivables, and prevent potential losses.

Core tasks:

  • designing and implementing the cash flow of the organization
  • developing policies to investigate the clients
  • connecting with the current clients concerning their level of credit

Insights

How Many Years of Experience Do Professionals Need Before Becoming Director OF Credit?
On average, people work 7+ years in other positions prior to becoming a Director OF Credit.
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Credit AnalystSeattle, WA - A year ago
7+ years? What a joke! They obviously underestimate our abilities! 😤
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Loan ProcessorHouston, TX - A year ago
Wow, just wow. I can't even fathom waiting 7 years to become a Director. 😡
How Long Do Director OF Credit Employees Typically Stay in Their Roles?
On average, Director OF Credits works in this position for 5+ years across multiple employers.
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AccountantHouston, TX - A year ago
Director OF Credit, any tips to assess the creditworthiness of a potential client? Credit history or current financials? 💵
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Operations SupervisorDetroit, MI - A year ago
🤨 It's clear that Directors OF Credit play an essential role, but what can we do to avoid credit risk in the first place? Asking for a friend...
What Is the Job Hopper Score for Director OF Credit Employees?
Moderate job changes in Director OF Credit, showing some career movement without excessive turnover.
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HR ManagerHouston, TX - A year ago
Didn't realize staying in the same position for years was considered good career progress, but okay.
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Investment AdvisorPhiladelphia, PA - A year ago
Why would anyone want to stick with the same job for so long? The lack of growth opportunities is concerning. 😡

Career path

Path to job

Discover a Director OF Credit's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Director OF Credit typically studied at.
New York University
Northwestern University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Director OF Credit Employees?
Gender ratio in Director OF Credit position: 0.740230815954647 Male and 0.259769184045353 Female. Age ratio in Director OF Credit position: 16-20: 2%, 21-30: 22%, 31-40: 44%, 41-50: 24%, 51-60: 7%, 60+: 1%. Director OF Credit position is predominantly male (74.0%) with the largest age group being 31-40 years old, followed by 41-50 years old.
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Director OF CreditHouston, TX - A year ago
As a woman in the industry, this frustrates me. We have so much to offer, but our voices are being drowned out. Time for change! 💔
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Director OF CreditMiami, FL - A year ago
Wow, these statistics are disheartening. It's clear we still have a long way to go in achieving gender equality. 😔

Workplaces

Who Are the Top Employers for Director OF Credit?
Top employers of Director OF Credit position: Capital One, Citi, Fannie Mae. People who work in Director OF Credit position most typically go on to work for the Capital One.
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Director OF CreditMiami, FL - A year ago
Capital One is such a prestigious company to work for in the finance industry. I'm proud to be a Director of Credit here!
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Director OF CreditHouston, TX - A year ago
I have friends who work for Fannie Mae and love it. Don't judge a company based on their past actions!
Capital One
Citi
Fannie Mae
What Industries Does Director OF Credit Typically Have Experience In?
Industry Background: The most typical industries of Director OF Credit: Finance & Insurance, Manufacturing, Retail, Information Technology, Wholesale. Director OF Credit employees most likely come from a Finance & Insurance industry background.
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Director OF CreditHouston, TX - A year ago
Well, in the vast world of information technology, a skilled Director OF Credit is needed to mitigate potential financial risks.💰
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Director OF CreditMiami, FL - A year ago
Do directors of credit handle credit decisions differently between wholesale and retail industries?🤔

Find your job as Director OF Credit

Discussion about Director OF Credit

Want to know more about Director OF Credit position?
Share your thoughts and ideas about Director OF Credit position with others in our community.
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What type of certification do I need for Director OF Credit?
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Director OF Credit11 months ago
Directors usually have a degree in the finance aspect of the business world or have strong credential in credit and collection arena with a strong focus on forecasting and statistics. Many people start entry level and are promoted within due different corporations have different protocols. If a new job. Make sure you have the CFO ear for clarification on their course
How is the gender diversity among people working as a Director OF Credit?
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Benjamin Gardner4 years ago
Mostly men choose this job, but women also choose this.
What is the most common age of a Director OF Credit?
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Benjamin Gardner4 years ago
The average age is 37
How much experience do you need to work as a Director OF Credit?
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Isabella Holmes4 years ago
7 years of experience is needed on average for a Director OF Credit.
Which industries should a Director OF Credit consider working in?
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Liam Brown4 years ago
Finance & Insurance is typical for a Director OF Credit to work in.
What kind of degree is needed to work as a Director OF Credit?
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Benjamin Gardner4 years ago
As a Director OF Credit you’ll probably need Bachelor of Science degree
Which company are you working for as a Director OF Credit?
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Isabella Holmes4 years ago
Capital One, Citi, Fannie Mae, First Data and Wells Fargo has the most employees.
How many years do people work as a Director OF Credit before changing their role?
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Liam Brown4 years ago
You should work for more than 5 years before considering changing to another role.
Is it common for people to switch companies and still work as a Director OF Credit?
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Isabella Holmes4 years ago
The job hopper score is medium for a Director OF Credit.
What occupations do people usually work in before becoming a Director OF Credit?
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Sophie Hayes4 years ago
Most people come from Credit Manager, Vice President or Credit and Collections Manager roles
Working as a Director OF Credit what job titles should I consider to switch to?
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Liam Brown4 years ago
Consider the following: Vice President, Credit Manager or Managing Director
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Disclaimer

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