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Credit Authorizers

Authorize credit charges against customers' accounts.   (O'Net 43-4041.01)

 
Reported job titles:   Accounting Manager, Authorizer, Business Manager, Charge Authorizer, Chief Financial Officer (CFO), Collections Manager   (view all job titles)
 
  • Career Video
  • Wages
  • Employment Trends
  • Industries of Employment
  • Tasks
  • Knowledge
  • Skills
  • Abilities
  • Work Activities
  • Interests
  • Work Styles
  • License Information
  • Education & Training Requirements
  • Schools
  • Other Resources
  • Related Occupations
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    Career Video
    related to Credit Authorizers
    Credit Authorizers, Checkers, and Clerks photo Credit Authorizers, Checkers, and Clerks
    Finance photo Finance
    Additional videos and more information available at
     


    Wages
    for Credit Authorizers, Checkers, and Clerks which includes:
                          - Credit Authorizers
                          - Credit Checkers
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     Location Pay
    Period
    2016
    Percentile Wages Average
    Wage
    10% 25% 50%
    Median
    75% 90%
     Vermont Hourly $ 15.41   $ 18.19   $ 21.17   $ 23.80   $ 27.56   $ 21.01  
    Yearly $32,050   $37,830   $44,040   $49,510   $57,320   $43,710  
     
     Burlington-South Burlington, VT Metropolitan NECTA Hourly $ 15.68   $ 18.35   $ 21.31   $ 23.97   $ 28.46   $ 21.30  
    Yearly $32,610   $38,160   $44,330   $49,850   $59,190   $44,310  
     
    What are Percentile Wages?
    source: Occupational Employment Statistics, Vermont Labor Market Information, U.S. Bureau of Labor Statistics, released April 2017.
     


    Employment Trends
    for Credit Authorizers, Checkers, and Clerks which includes:
                                  - Credit Authorizers
                                  - Credit Checkers
    Back to Top
     
    No trend data for this occupation.
     


    Industries of Employment
    for Credit Authorizers, Checkers, and Clerks which includes:
                                - Credit Authorizers
                                - Credit Checkers
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    Industry Percent of Total
    2014
    Credit intermediation and related activities 52.2%
    Management of companies and enterprises 8.2%
    Administrative and support services 7.6%
    Merchant wholesalers, durable goods 7.0%
    Building material and garden equipment and supplies dealers 4.2%
    source: Employment Projections, U.S. Bureau of Labor Statistics, National Employment Matrix, released July 2016.
     


    Tasks
    for Credit Authorizers
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  • Keep records of customers' charges and payments.
     
  • Evaluate customers' computerized credit records and payment histories to decide whether to approve new credit, based on predetermined standards.
     
  • File sales slips in customers' ledgers for billing purposes.
     
  • Receive charge slips or credit applications by mail, or receive information from salespeople or merchants by telephone.
     
  • Mail charge statements to customers.
     
  • Prepare credit cards or charge account plates.
     
    source: Occupational Information Network: Credit Authorizers  updated December 2005
     


    Knowledge
    for Credit Authorizers
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  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
     
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
     
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
     
  • Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
     
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
     
  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
     
  • Clerical - Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
     
  • Communications and Media - Knowledge of media production, communication, and dissemination techniques and methods. This includes alternative ways to inform and entertain via written, oral, and visual media.
     
  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
     
  • Education and Training - Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
     
    source: Occupational Information Network: Credit Authorizers  updated December 2005
     


    Skills
    for Credit Authorizers
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  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
     
  • Speaking - Talking to others to convey information effectively.
     
  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
     
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
     
  • Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
     
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.
     
  • Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.
     
  • Time Management - Managing one's own time and the time of others.
     
  • Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
     
  • Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.
     
    source: Occupational Information Network: Credit Authorizers  updated June 2010
     


    Abilities
    for Credit Authorizers
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  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
     
  • Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
     
  • Written Comprehension - The ability to read and understand information and ideas presented in writing.
     
  • Written Expression - The ability to communicate information and ideas in writing so others will understand.
     
  • Near Vision - The ability to see details at close range (within a few feet of the observer).
     
  • Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
     
  • Information Ordering - The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
     
  • Speech Clarity - The ability to speak clearly so others can understand you.
     
  • Speech Recognition - The ability to identify and understand the speech of another person.
     
  • Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.
     
    source: Occupational Information Network: Credit Authorizers  updated December 2005
     


    Work Activities
    for Credit Authorizers
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  • Interacting With Computers - Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
     
  • Getting Information - Observing, receiving, and otherwise obtaining information from all relevant sources.
     
  • Communicating with Supervisors, Peers, or Subordinates - Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
     
  • Documenting/Recording Information - Entering, transcribing, recording, storing, or maintaining information in written or electronic/magnetic form.
     
  • Analyzing Data or Information - Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
     
  • Communicating with Persons Outside Organization - Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.
     
  • Establishing and Maintaining Interpersonal Relationships - Developing constructive and cooperative working relationships with others, and maintaining them over time.
     
  • Identifying Objects, Actions, and Events - Identifying information by categorizing, estimating, recognizing differences or similarities, and detecting changes in circumstances or events.
     
  • Organizing, Planning, and Prioritizing Work - Developing specific goals and plans to prioritize, organize, and accomplish your work.
     
  • Processing Information - Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
     
    source: Occupational Information Network: Credit Authorizers  updated December 2005
     


    Interests
    for Credit Authorizers
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  • Conventional - Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
     
  • Enterprising - Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.
     
    source: Occupational Information Network: Credit Authorizers  updated June 2008
     


    Work Styles
    for Credit Authorizers
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  • Cooperation - Job requires being pleasant with others on the job and displaying a good-natured, cooperative attitude.
     
  • Integrity - Job requires being honest and ethical.
     
  • Stress Tolerance - Job requires accepting criticism and dealing calmly and effectively with high stress situations.
     
  • Dependability - Job requires being reliable, responsible, and dependable, and fulfilling obligations.
     
  • Persistence - Job requires persistence in the face of obstacles.
     
  • Attention to Detail - Job requires being careful about detail and thorough in completing work tasks.
     
  • Self Control - Job requires maintaining composure, keeping emotions in check, controlling anger, and avoiding aggressive behavior, even in very difficult situations.
     
  • Independence - Job requires developing one's own ways of doing things, guiding oneself with little or no supervision, and depending on oneself to get things done.
     
  • Initiative - Job requires a willingness to take on responsibilities and challenges.
     
  • Leadership - Job requires a willingness to lead, take charge, and offer opinions and direction.
     
    source: Occupational Information Network: Credit Authorizers  updated December 2005
     


    State of Vermont License Information
    that may be required for Credit Authorizers
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    No state licenses listed for this occupation.
     


    Education and Training Requirements
    for Credit Authorizers
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  • Job Zone Three: Medium Preparation Needed
  •  
  • Education: Most occupations in this zone require training in vocational schools, related on-the-job experience, or an associate's degree.
  •  
  • Training: Employees in these occupations usually need one or two years of training involving both on-the-job experience and informal training with experienced workers. A recognized apprenticeship program may be associated with these occupations.
  •  
  • Experience: Previous work-related skill, knowledge, or experience is required for these occupations. For example, an electrician must have completed three or four years of apprenticeship or several years of vocational training, and often must have passed a licensing exam, in order to perform the job.
  •  
    source: Occupational Information Network: Credit Authorizers  updated December 2005
     


    Schools
    offering instructional programs related to Credit Authorizers
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      Related Instructional Programs
     
    • Banking and Financial Support Services.
     
     Search for schools offering these programs at
     
     
     
    source: National Center for Education Statistics 2000 Classification of Instructional Programs .
     


    Other Resources
    for Credit Authorizers
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  • Labor Exchange Information
  • A source for occupational characteristics, such as age, gender, race, and years of education and an alternative source for occupational wage rates. Limited to people looking for jobs and the jobs advertised through VDOL Vermont Job Link.
  • Look for statewide information over the latest 12 months for Credit Authorizers, Checkers, and Clerks.
  •  
  • Occupational Outlook Handbook
  • The Occupational Outlook Handbook is a nationally recognized source of career information, designed to provide valuable assistance to individuals making decisions about their future work lives. Revised every two years, the Handbook describes what workers do on the job, working conditions, the training and education needed, earnings, and expected job prospects in a wide range of occupations.
    Go to Occupational Outlook Handbook
    Handbook occupations related to Credit Authorizers :
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    Related Occupations
    Occupations with skill requirements similar to Credit Authorizers
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  • Bill and Account Collectors
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  • Billing, Cost, and Rate Clerks
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  • Customs Brokers
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  • Insurance Policy Processing Clerks
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  • Loan Officers
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  • Procurement Clerks
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  • Production, Planning, and Expediting Clerks
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  • Tax Examiners and Collectors, and Revenue Agents
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    source: Occupational Information Network: Credit Authorizers 
     

     
     
     
    Vermont.gov State of Vermont Department of Labor