This role has a high level of AI exposure. While some human skills are required, many tasks could be automated or replaced by new technology.
Explore all careersHow do I become a Credit Manager?
Get qualified to work as a Credit Manager with a course recognised across Australia. Speak to a training provider to learn more.
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Common questions
In Australia, a full time Credit Manager generally earns $2,400 per week ($124,800 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
Courses.com.au Team
The number of people working in this industry is expected to grow moderately in coming years. There are currently 45,700 people employed in this sector in Australia and many of them specialise as a Credit Manager. Credit Managers may find work across all regions of Australia, particularly larger towns and cities.
Source: Australian Government Labour Market Insights
Courses.com.au Team
A Certificate IV in Credit Management is an excellent qualification if you’re planning a career as a Credit Manager. This course will give you the skills to work in a bank, loan company or brokerage firm. You’ll learn to assess credit applications, manage overdue customer accounts and recover bad or doubtful debts.
Courses.com.au Team
Further reading
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13th June 2022
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5th July 2021Credit Manager careers
A Credit Manager oversees the processing of loan applications for a bank, financial broker or other financial institution. You might manage a team of staff who analyse applications from potential borrowers and evaluate borrowers’ financial information. You might conduct risk assessments, prepare paperwork and approve or decline applications.
Credit Managers should have strong analytical skills and excellent leadership abilities. It’s important you can communicate well with your team and provide good customer service to clients. Credit Managers must be able to follow correct procedures and manage their time well. You’ll need to organised and able to complete a range of administrative tasks.
