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2021 Credit Analysts Salary Guide

Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decisionmaking.

Credit Analysts Salary

Salary

$75K

Growth

-5%

Bright Outlook

Below Average

Green

No

Credit Analysts Job Description

Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decisionmaking.

Also known as:

Credit Administrator, Credit Analyst, Credit Officer, Credit Representative, Credit Risk Analyst, Credit and Collections Analyst, Municipal Fixed Income Analyst

How Much Do Credit Analysts Make ? 2021

Percentile 10% 25% 50% (Median) 75% 90%
Annual Wage $44,250 $56,120 $74,970 $103,840 $146,690
Hourly Wage $21.28 $26.98 $36.05 $49.92 $70.52

How Much Do Credit Analysts Make ? 2021

Percentile
10%
25%
50% (Median)
75%
90%
Annual Wage
$44,250
$56,120
$74,970
$103,840
$146,690
Hourly Wage
$21.28
$26.98
$36.05
$49.92
$70.52

Credit Analysts Tasks

  • Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
  • Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
  • Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
  • Prepare reports that include the degree of risk involved in extending credit or lending money.
  • Generate financial ratios, using computer programs, to evaluate customers' financial status.
  • Analyze financial data, such as income growth, quality of management, and market share to determine expected profitability of loans.
  • Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
  • Contact customers to collect payments on delinquent accounts.
  • Evaluate customer records and recommend payment plans, based on earnings, savings data, payment history, and purchase activity.
  • Evaluate customer records and recommend payment plans, based on earnings, savings data, payment history, and purchase activity.
  • Review individual or commercial customer files to identify and select delinquent accounts for collection.
  • Confer with credit association and other business representatives to exchange credit information.
  • Consult with customers to resolve complaints and verify financial and credit transactions.

What Activities Do Credit Analysts Do?

  • Assess risks to business operations.
  • Analyze business or financial data.
  • Prepare contracts or other transaction documents.
  • Prepare financial documents, reports, or budgets.
  • Calculate data to inform organizational operations.
  • Analyze business or financial data.
  • Analyze market conditions or trends.
  • Collect payments for goods or services.
  • Advise others on financial matters.
  • Assess financial status of clients.
  • Examine financial records.
  • Confer with others about financial matters.
  • Correspond with customers to answer questions or resolve complaints.

Typical Credit Analysts Knowledge?

  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

What Are Typical Credit Analysts Abilities?

  • Oral Expression - Communicating by speaking.
  • Written Comprehension - Reading and understanding what is written.
  • Inductive Reasoning - Making general rules or coming up with answers from lots of detailed information.
  • Oral Comprehension - Listening and understanding what people say.
  • Number Facility - Adding, subtracting, multiplying, or dividing.
  • Deductive Reasoning - Using rules to solve problems.
  • Problem Sensitivity - Noticing when problems happen.
  • Mathematical Reasoning - Choosing the right type of math to solve a problem.
  • Information Ordering - Ordering or arranging things.
  • Near Vision - Seeing details up close.
  • Written Expression - Communicating by writing.

What Are Typical Credit Analysts Skills? 2021

  • Critical Thinking - Thinking about the pros and cons of different ways to solve a problem.
  • Reading Comprehension - Reading work-related information.
  • Speaking - Talking to others.
  • Active Learning - Figuring out how to use new ideas or things.
  • Active Listening - Listening to others, not interrupting, and asking good questions.
  • Mathematics - Using math to solve problems.

What Are Typical Credit Analysts Interests?

  • Conventional - Occupations related to Conventional interests frequently involve following set procedures and routines. They include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
  • Enterprising - Occupations with Enterprising interests frequently involve starting up and carrying out projects. Many involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.

What Is The Projected Employment For Credit Analysts ? 2021

Location 2019 Employment 2029 Employment Percent change Annual projected job openings
United States 74,900 71,200 -5% 5,300

What Is The Projected Employment For Credit Analysts ? 2021

Location
2019 Employment
2029 Employment
Percent change
Annual projected job openings
United States
74,900
71,200
-5%
5,300

What Is The Required Credit Analysts Education & Experience? 2021

  • Bachelor's degree
  • No work experience
  • No on-the-job training

Credit Analysts Schools ?

School Program Name Location Length / Graduates
Abilene Christian University Accounting Abilene, TX 4 years: 10
4 years: 56
More than 4 years: 44
Abilene Christian University Finance, General Abilene, TX 4 years: 22
4 years: 36
Academy College Accounting Bloomington, MN 4 years: 0
Adelphi University Accounting Garden City, NY 4 years: 30
At least one but less than two years: 0
Less than one year: 1
More than 4 years: 12
Adelphi University Finance, General Garden City, NY 4 years: 24
More than 4 years: 0
Adrian College Finance, General Adrian, MI 4 years: 6
Adrian College Accounting Adrian, MI 4 years: 21
More than 4 years: 15
Aiken Technical College Accounting Graniteville, SC 2 years: 14
Aims Community College Accounting Greeley, CO 2 years: 9
Less than one year: 16
Alabama A & M University Accounting Normal, AL 4 years: 14

Credit Analysts Schools ?

School
Program Name
Location
Length / Graduates
Accounting
Abilene, TX
4 years: 10
4 years: 56
More than 4 years: 44
Finance, General
Abilene, TX
4 years: 22
4 years: 36
Accounting
Bloomington, MN
4 years: 0
Accounting
Garden City, NY
4 years: 30
At least one but less than two years: 0
Less than one year: 1
More than 4 years: 12
Finance, General
Garden City, NY
4 years: 24
More than 4 years: 0
Finance, General
Adrian, MI
4 years: 6
Accounting
Adrian, MI
4 years: 21
More than 4 years: 15
Accounting
Graniteville, SC
2 years: 14
Accounting
Greeley, CO
2 years: 9
Less than one year: 16
Accounting
Normal, AL
4 years: 14

Credit Analysts Jobs Near Me .

Job Title Company Location Date Posted Federal Contractor
0781 - Project Controls Analyst Black & Veatch Indianapolis, Indiana 07/27/2021 Yes
0781 - Project Controls Analyst Black & Veatch Topeka, Kansas 07/27/2021 Yes
0781 - Project Controls Analyst Black & Veatch Nashville, Tennessee 07/27/2021 Yes
0781 - Project Controls Analyst Black & Veatch Tallahassee, Florida 07/27/2021 Yes
0781 - Project Controls Analyst Black & Veatch Carson City, Nevada 07/27/2021 Yes
0781 - Project Controls Analyst Black & Veatch Richmond, Virginia 07/27/2021 Yes
0781 - Project Controls Analyst Black & Veatch Saint Paul, Minnesota 07/27/2021 Yes
0781 - Project Controls Analyst Black & Veatch Augusta, Maine 07/27/2021 Yes
0781 - Project Controls Analyst Black & Veatch Boston, Massachusetts 07/27/2021 Yes
0781 - Project Controls Analyst Black & Veatch Albany, New York 07/27/2021 Yes

Credit Analysts Jobs Near Me .

Location

Virtual, USA Atlanta, GA Washington, DC New York, NY Baltimore, MD Phoenix, AZ Los Angeles, CA Chicago, IL Baltimore City, MD San Antonio, TX Sacramento, CA Minneapolis, MN Des Moines, IA Boston, MA Salt Lake City, UT Rochester, NY Madison, WI Houston, TX Fort Bragg, NC Denver, CO Costa Mesa, CA Columbus, GA Charlotte, NC Albany, NY The Woodlands, TX Tempe, AZ Sioux Falls, SD Short Hills, NJ Seattle, WA Santa Clara, CA San Francisco, CA Robins Afb, GA Richmond, VA Red Bank, NJ Raleigh, NC Providence, RI Portland, OR Pentagon, VA Olympia, WA Nashville, TN Location Negotiable After Selection, USA Lehi, UT Lansing, MI Indianapolis, IN Getzville, NY Fargo, ND Detroit, MI Deerfield, IL Columbus, OH Colorado Springs, CO Camp Springs, MD Boise, ID Baton Rouge, LA Austin, TX Arlington, VA Alpharetta, GA Woodland Park, NJ Winona, MN Westminster, CO Warren, MN Warren, MI Tysons Corner, VA Tyndall Afb, FL Trenton, NJ Topeka, KS Tinker Afb, OK Thornton, CO Taylorsville, UT Tampa, FL Tallahassee, FL Syracuse, NY Superior, CO Sterling, VA States, USA St. Paul, MN Springfield, IL Spokane, WA Silver Spring, MD Schnecksville, PA Savannah, GA Santa Fe, NM San Rafael, CA San Juan, PR Salem, OR Saint Paul, MN Saint Louis, MO Rural Hall, NC Rocky Mount, NC Rockville, MD Provo, UT Prince George'S, MD Plano, TX Pittsburgh, PA Pierre, SD Pennsauken, NJ Pennington, NJ Owensboro, KY Oklahoma City, OK Ohio, USA Offutt Afb, NE O Fallon, MO Norcross, GA New York City, NY Mount Laurel, NJ Montpelier, VT Montgomery, AL Milwaukee, WI Midvale, UT Miamisburg, OH Miami, FL Mclean, VA Mcchord Afb, WA Loveland, CO Little Rock, AR Lincoln, NE Langley Afb, VA Lakeland, FL Kirtland Afb, NM Kansas City, MO Juneau, AK Jersey City, NJ Jefferson City, MO Jacksonville, FL Jackson, MS Irving, TX Irvine, CA Irs Nationwide Locations, USA Irondale, AL Hoover, AL Honolulu, HI Henderson, KY Helena, MT Hartford, CT Harrisburg, PA Great Neck, NY Grand Island, NY Franklin, TN Frankfort, KY Framingham, MA Fort Worth, TX Fort Richardson, AK Fort Knox, KY Fort Hood, TX Findlay, OH Falcon Heights, MN Eugene, OR El Segundo, CA Eglin Afb, FL Dover, DE District Of Columbia, DC Denver Metro, CO Dayton, OH Dania, FL Dallas, TX Concord, NH Columbia, SC College Station, TX College Park, MD Cincinnati, OH Cheyenne, WY Cheyenne Mountain Afb, CO Charleston, WV Cary, NC Carson City, NV Campbell, CA Broomfield, CO Brooklyn Park, MN Bridgewater, NJ Bismarck, ND Bethesda, MD Bangor, WA Augusta, ME Arnold, MO Appleton, WI Anne Arundel, MD Annapolis, MD Alexandria, VA Albuquerque, NM Albemarle, NC
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Company

Black & Veatch Georgia Employer Johns Hopkins University Louisiana Department of State Civil Service MUFG Union Bank U.S. Bank Maryland government jobs Aston Carter PNC Robert Half International USAA Deputy Assistant Secretary for Information and Technology JPMorgan Chase Pacific Western Bank Robert Half International Air Combat Command CBRE Centers for Disease Control and Prevention Citizenship and Immigration Services Experian LSEG Office of the Inspector General Randstad Veterans Benefits Administration AgCarolina Farm Credit Air Force Materiel Command Army National Guard Units Assistant Secretary for Public and Indian Housing Bank of America Capital One Customs and Border Protection Federal Emergency Management Agency Fifth Third Bank, N.A. Food and Drug Administration Headquarters, Air Force Reserve Command INSURANCE SERVICES OFFICE INC Internal Revenue Service Morgan Stanley Office of the Secretary of Defense Palo Alto Networks PenFed Credit Union Preting Consulting Regions Bank Santander US State of Michigan The County of Los Angeles The PrivateBank U.S. Agency for International Development U.S. Army Sustainment Command 3M AIG Air Force Elements, U.S. Strategic Command Air Mobility Command American Express Army Tank-Automotive and Armament Command (TACOM) Autodesk Avis Budget Group BIOFIRE DIAGNOSTICS, LLC Bank of the West Bausch Health Bayada Belmont University Blue Cross and Blue Shield of Louisiana Brown University Bureau of the Fiscal Service CUNA MUTUAL GROUP Centers for Medicare & Medicaid Services City of Henderson Co-op services Credit Union Colorado State Commerce Bank Conn's HomePlus Cornerstone Building Brands Credit Suisse Cybersecurity and Infrastructure Security Agency DHS Headquarters Defense Finance and Accounting Service ESL Federal Credit Union Ent Credit Union Essendant Essendant FIS Global Farm Service Agency Fastenal Company Inc First National Bank of Omaha Forest Service Freedom Mortgage G4S Secure Solutions (USA) Inc. GPC - Genuine Parts Company Goldman Sachs & Co. Gulfstream HCA, Hospital Corporation of America Headquarters, Air Force Space Command ICF Consulting Group, Inc. Idaho Division of Human Resources Immigration and Customs Enforcement Infosys Limited Investors Bank Investors Bank JPMorgan Chase & Co. Jack Henry & Associates, Inc. Janus Henderson Investors Kelly Services KeyBank KeyCorp KeyCorp MCW: SARGEANT HEALTH CENTER Marathon Petroleum Corporation Marlin Business Services Corp. McDonald's MillerCoors National Geospatial-Intelligence Agency Natural Resources Conservation Service New York Community Bank Northwest Farm Credit Services Nuclear Regulatory Commission Nutrien Ag Solutions, Inc OceanFirst Bank N.A. OceanFirst Bank Office of Inspector General Office of Personnel Management Office of the Secretary of Health and Human Services Office of the Solicitor Optum Oracle PDS Tech Inc PepsiCo Corp Publix RR Donnelley Rock Family of Companies SHAZAM Sandia National Laboratories Security Service Federal Credit Union Sherwin-Williams Signature Bank Stanley Acess Technologies State of Minnesota TJX Target Texas A&M University Textron Thomas Safran and Associates, Inc. U.S. Army Central U.S. Pacific Fleet, Commander in Chief US Foods Umpqua Bank United Federal Credit Union United Natural Foods United States Army Futures Command University of Rochester University of Wisconsin Foundation Veterans Affairs, Veterans Health Administration Washington State White Cap Woodforest National Bank
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Job Title
Company
Location
Date Posted
Federal Contractor
Black & Veatch
Indianapolis, Indiana
07/27/2021
Yes
Black & Veatch
Topeka, Kansas
07/27/2021
Yes
Black & Veatch
Nashville, Tennessee
07/27/2021
Yes
Black & Veatch
Tallahassee, Florida
07/27/2021
Yes
Black & Veatch
Carson City, Nevada
07/27/2021
Yes
Black & Veatch
Richmond, Virginia
07/27/2021
Yes
Black & Veatch
Saint Paul, Minnesota
07/27/2021
Yes
Black & Veatch
Augusta, Maine
07/27/2021
Yes
Black & Veatch
Boston, Massachusetts
07/27/2021
Yes
Black & Veatch
Albany, New York
07/27/2021
Yes

Credit Analysts 2021 Salary Guide By State

Common Careers