Credit Authorizers, Checkers, and Clerks
Authorize credit charges against customers' accounts. Investigate history and credit standing of individuals or business establishments applying for credit. May interview applicants to obtain personal and financial data, determine credit worthiness, process applications, and notify customers of acceptance or rejection of credit.
Common Job Titles
- Commercial Credit Reviewer
- Credit Investigator
- Credit Processor
- Credit Representative
What You'll Need to Succeed
AI-generatedKey competencies for this occupation at a glance
- KnowledgeEvaluate credit applications and financial history data using credit reporting software (Equifax, Experian) to determine creditworthiness and approval status.Proficient
- KnowledgeInterpret credit scores, debt-to-income ratios, and financial statements to explain creditworthiness determinations to customers and internal stakeholders.Proficient
- KnowledgeOperate database systems and office technology tools including Microsoft Office Suite, SAP, and SQL for documentation and data processing.Proficient
- MindsetReconcile customer expectations with credit policy constraints when negotiating credit terms or communicating application denials.Proficient
- KnowledgeOrganize multiple credit applications and investigation workflows under time constraints while prioritizing urgent requests and maintaining accuracy.Proficient
- KnowledgeAnalyze customer financial records and account information to identify credit risks and compliance with lending standards.Developing
- MindsetEngage with applicants during credit interviews to gather personal and financial data while maintaining professionalism and customer service standards.Developing
- KnowledgeApply regulatory and organizational credit policies when processing credit authorization requests and ensuring compliance with legal requirements.Developing
- KnowledgeCompare applicant financial data against established credit thresholds to make informed decisions on credit authorization within delegated authority.Developing
- MindsetRespect customer confidentiality and privacy standards when handling sensitive personal and financial information throughout the credit review process.Developing
Wage Data According to the Bureau of Labor Statistics
Annual wage data for Credit Authorizers, Checkers, and Clerks (2024)
Estimated Total Employment (U.S.)
11,960
Wage Distribution by Percentile
Line chart of annual wages by percentile. U.S. is the solid line. 10th percentile: U.S. $34,590. 25th percentile: U.S. $40,850. 50th percentile: U.S. $49,130. 75th percentile: U.S. $59,530. 90th percentile: U.S. $71,730. Use the left and right arrow keys to move between percentiles.
- U.S.
| Metric | U.S. |
|---|---|
| 10% of workers earn the following or less | $34,590 |
| 10% of workers earn the following or more | $71,730 |
| Workers on average earn | $51,270 |
+ indicates wage is at or above the BLS reporting cap ($239,200/year)
Skills & Requirements
Key competencies for this occupation, ranked by importance
- Customer and Personal Service4.1/5
- English Language3.7/5
- Mathematics3.6/5
- Law and Government3.4/5
- Administrative3.3/5
Tools & Technology
Equipment and software commonly used in this occupation
In-Demand Technology
Frequently requested by employers in job postings
- Microsoft Access
- Microsoft Excel
- Microsoft Office software
- Microsoft Outlook
- Microsoft PowerPoint
- Microsoft SharePoint
- Microsoft Word
- SAP software
- Structured query language SQL
- Tableau
Technology Skills
- Accounting software
- Email software
- Equifax software
- Experian software
- Financial accounting software
- Microsoft Internet Explorer
- Spreadsheet programs
- Web browser software
Tools & Equipment
- Computer data input scanners
- Computer laser printers
- Copy machines
- Credit card processing machines
- Electric typewriters
- Laser facsimile machines
- Multiline telephone systems
- Personal computers