Credit controllers

£27,114

Average salary

Average annual salary UK 2020 | Annual Survey of Hours and Earnings

36 hours

Average weekly hours

Average weekly hours UK 2019 | Annual Survey of Hours and Earnings

2.77%

Unemployment rate

Unemployment rate UK 2020 | Labour Force Survey

Definition: Credit controllers

*SOC Code (Standard Occupational Classification): 4121

Credit controllers perform financial, administrative and other tasks in relation to credit control and debt collection.

Common tasks include:

receives requests for credit submissions and lending proposals;
arranges for investigations of the credit worthiness of individuals or companies;
deals with any enquiries or difficulties concerning the acceptance or rejection of credit applications;
checks that accounting, recording and statutory procedures are adhered to for all credit transactions;
arranges for the collection of arrears of payment.

Qualifications

Entry is most common with GCSEs/S grades but is also possible with other academic qualifications. Professional qualifications are available and may be required for some posts.

*Introduced in 1990, SOC is a multi-purpose common classification of occupations in UK. Jobs are defined in terms of skill level and skill content, including qualifications, training and work experience.

Employment status: Credit controllers

Regional employment: Credit controllers

Future employment: Credit controllers

Top 12 industries: Credit controllers

Alternative & related job titles: Credit controllers

Associate, management, debt Assistant, control, credit Officer, control, credit Clerk, recovery, debt Administrator, control, credit Adviser, difficulties, financial Adviser, management, debt Clerk, control, credit Clerk, authorisation (bank) Administrator, loans Officer, collections (building society) Clerk, authorisation (building society) Officer, collections (bank) Officer, recovery Controller, credit Coordinator, claim, credit

Equality focus: Credit controllers

Breaking down the official government big data sources by gender, age and region. Hours and pay data based on full time equlivalent roles.