Vice President (vp), Credit salary in Canada

Average Yearly Salary of Vice President (vp), Credit in Canada is approximately 118,851 CAD (118,501 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Vice President (vp), Credit do?

The occupation of Vice President (VP) is a senior executive position in an organization or company, typically reporting directly to the President or CEO. The VP is responsible for assisting the President in managing and overseeing the operations and performance of the organization. They play a crucial role in strategic decision-making, policy development, and overall leadership. The VP's responsibilities may vary depending on the industry and organization, but commonly include managing teams, setting goals and objectives, developing and implementing strategies, monitoring financial performance, and ensuring that the organization achieves its targets. They often act as a liaison between different departments and stakeholders, representing the organization externally and internally.

Skills: Vice President, Senior Executive, Leadership, Strategic Decision-making, Policy Development, Team Management
Job industry: Finance

How much does Vice President (vp), Credit make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Vice President (vp), Credit a well paid job?

Yes, our data shows that Vice President (vp), Credit is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Vice President (vp), Credit?

High salary for Vice President (vp), Credit would be somewhere between 130,736 CAD and 172,334 CAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Vice President (vp), Credit in Canada?

Living in Canada the approximate monthly expenses are: 2,118 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 118,851 CAD
Estimated Monthly Salary: 9,904 CAD
Estimated Weekly Salary: 2,286 CAD per week
Estimated Hourly Salary: 57 CAD per hour
By working as Vice President (vp), Credit a person can save up to 7,757 USD per month or 93,080 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Canada, see costs of living in Canada.

Salary comparison to region and neighbouring coutries

Country's neighbours are: United States of America.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Vice President (vp), Credit

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +13% salary increase

6 to 10 years of experience yields +24% salary increase

11 to 15 years of experience yields +15% salary increase

16 to 25 years of experience yields +8% salary increase

more than 25 years of experience yields +9% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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