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Credit Manager Jobs in Chicago Ridge, IL (NOW HIRING)

Credit Manager Salary: 80-100 K + Bonus Why This Opportunity Stands Out: * High-visibility role with direct interaction across Finance, Sales, and Operations * Opportunity to influence credit ...

Credit Manager Our client is hiring a Credit Manager for a small, very successful, long-term company in Chicago's West Loop. Location: Chicago (West Loop), hybrid -- 3 days/week in office ...

Credit Manager Our client is hiring a Credit Manager for a small, very successful, long-term company in Chicago's West Loop. Location: Chicago (West Loop), hybrid - 3 days/week in office Compensation ...

Credit Manager Our client is hiring a Credit Manager for a small, very successful, long-term company in Chicago's West Loop. Location: Chicago (West Loop), hybrid -- 3 days/week in office ...

The Credit Manager is responsible for overseeing all aspects of hotel credit and accounts receivable operations while ensuring timely billing, collections, and compliance with company policies. This ...

The Credit Manager is responsible for overseeing all aspects of hotel credit and accounts receivable operations while ensuring timely billing, collections, and compliance with company policies. This ...

Credit Manager - Midwest

Chicago, IL · Remote

$85K - $100K/yr

Summary The Credit Manager position will be responsible for the National Credit function and associated Simplot priorities (Turf & Horticulture). This role will maximize quality sales, influence ...

Commercial Credit Manager Location : Atlanta, GA / Nashville, TN / Dallas, TX / Chicago, IL / Orlando, FL Schedule : Monday - Friday | 8am-5pm - HYBRID Compensation: Salary + bonus; based on ...

Credit Support - Addison IL

Addison, IL · On-site

$21.25 - $28.25/hr

Respond to incoming customer calls and e-mails, in personal and department mailboxes, including working under the direction of the credit analysts and credit manager to fulfill customer requests as ...

Credit Review Vice President This role provides great visibility to management and focuses on portfolios within the Corporate and Investment Bank, Wealth Management, and Business Banking lines of ...

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Credit Manager information

See Chicago Ridge, IL salary details

$26K

$69K

$131.6K

How much do credit manager jobs pay per year?

As of Aug 9, 2026, the average yearly pay for credit manager in Chicago Ridge, IL is $69,015.00, according to ZipRecruiter salary data. Most workers in this role earn between $36,700.00 and $94,400.00 per year, depending on experience, location, and employer.

What are some typical challenges credit managers face when assessing credit risk, and how can these be addressed?

Credit Managers often face the challenge of gathering sufficient and reliable financial data to accurately assess the creditworthiness of clients, especially with new or small businesses. Balancing the need for thorough risk analysis with maintaining positive customer relationships is also crucial. To address these challenges, Credit Managers use robust credit scoring systems, maintain clear communication with clients, and stay updated on industry trends to refine their risk assessment strategies. Collaboration with sales and finance teams is essential to align credit policies with organizational goals while minimizing exposure to bad debt.

What does a credit manager do?

A credit manager works in the banking industry or for a lending organization. Their job responsibilities include underwriting or evaluating requests for credit using credit scores, projected profits and losses, and risk factors. People in credit management are responsible for accepting or rejecting loan applications based on these criteria and have the authority to oversee the company’s lending process. The job duties of a credit manager also include creating models to assess creditworthiness, as their ultimate goal is to reduce loss and increase profits from lending. Alternatively, a credit manager can work for a seller, typically a business-to-business or B2B organization, granting trade credit to buyers. Credit managers are responsible for creating models or criteria to assess the creditworthiness of buyers, creating discount or incentive programs for early payment, and managing the credit department of the company. They may also be responsible for credit accounting and collections. Career qualifications include a bachelor’s degree in accounting, business, or a related field.

What is the difference between Credit Manager vs Credit Analyst?

AspectCredit ManagerCredit Analyst
CredentialsBachelor's degree; often certifications like CAM, CCRABachelor's degree; often certifications like CAM, CCRA
Work EnvironmentOversees credit policies, manages teams, interacts with senior managementAnalyzes credit data, assesses risk, prepares reports
Employer & IndustryFinancial institutions, corporations, credit agenciesFinancial institutions, credit bureaus, lending companies

The Credit Manager focuses on overseeing credit policies, managing credit teams, and making high-level credit decisions. In contrast, the Credit Analyst primarily analyzes credit data, assesses risk, and prepares reports to support credit decisions. Both roles require similar credentials and often work within the same industries, but their responsibilities differ in scope and focus.

What does a credit manager do?

A Credit Manager is responsible for overseeing a company's credit policies, assessing the creditworthiness of potential customers, and managing the process of granting credit and collecting payments. They analyze financial data, set credit limits, and help minimize financial risk to the organization. Credit Managers also work closely with sales and accounting teams to ensure that credit terms are followed and that outstanding debts are collected efficiently.
What are the most commonly searched types of Credit jobs in Chicago Ridge, IL? The most popular types of Credit jobs in Chicago Ridge, IL are:
What cities near Chicago Ridge, IL are hiring for Credit Manager jobs? Cities near Chicago Ridge, IL with the most Credit Manager job openings:
Infographic showing various Credit Manager job openings in Chicago Ridge, IL as of June 2026, with employment types broken down into 83% Full Time, 15% Part Time, and 2% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $69,015 per year, or $33.2 per hour.

Full-time

Posted 26 days ago


Job description

Ready to take ownership of a high-impact Credit Manager role where your decisions directly influence cash flow, customer relationships, and business performance? This is an exciting opportunity to join a growing industrial organization and play a key role in protecting and optimizing financial assets.

Credit Manager
Salary: 80-100 K + Bonus

Why This Opportunity Stands Out:
  • High-visibility role with direct interaction across Finance, Sales, and Operations
  • Opportunity to influence credit strategy and improve cash flow performance
  • Blend of leadership, analysis, and relationship management responsibilities
  • Ability to drive process improvements and strengthen credit and collection practices
  • Stable, established organization with a strong reputation in the market
  • Exposure to executive leadership and key customer relationships
  • Opportunity to mentor and develop team members while building best practices
  • Meaningful impact on business success through risk management and working capital optimization
Key Responsibilities for the Credit Manager:
  • Review and evaluate customer credit applications and establish appropriate credit limits
  • Analyze customer financial information, credit reports, and references to assess risk
  • Monitor accounts receivable aging and lead collection efforts on past-due balances
  • Manage customer credit holds and approve order releases in accordance with company policies
  • Investigate and resolve customer account and payment discrepancies
  • Maintain accurate customer credit files and documentation
  • Partner with Sales and Operations to balance customer service and risk management objectives
  • Ensure compliance with company policies, procedures, and internal controls
  • Prepare reporting and analysis related to credit exposure, collections, and bad debt reserves
  • Support special projects and continuous improvement initiatives as needed
Qualifications for the Credit Manager:
  • Bachelor's degree in Accounting, Finance, Business, or related field preferred
  • 5+ years of progressive credit, collections, accounts receivable, or finance experience
  • Strong understanding of credit analysis, collections, and risk assessment practices
  • Experience working within manufacturing, distribution, industrial, or related environments preferred
  • Proficiency with ERP systems and Microsoft Excel
  • Excellent analytical, communication, and problem-solving skills
  • Knowledge of GAAP and financial reporting principles is a plus

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