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Commercial Credit Analyst Salary

How much does a commercial credit analyst earn?

What is the Commercial Credit Analyst Salary?

The commercial credit analyst salary depends on several factors. They include educational background, certifications earned, skills, and number of years of work experience. If you want to become a commercial credit analyst, you need at least a bachelor’s degree in a finance-related field such as accounting. You also need a minimum of five years of work experience. After being a commercial credit analyst, one option is to work as a financial analyst or a senior credit analyst.

 

Commercial Credit Analyst Salary

 

As of mid-2019, the average salary for commercial credit analysts is around $55,400, according to PayScale. Commercial credit analysts gather and evaluate credit information for business borrowers. They analyze loan requests and give recommendations for risk ratings. They are also in charge of comparing the financial strengths of a company against similar companies in the same industry.

 

Commercial Credit Analyst Salaries in US Cities

 

CitySalary
San Francisco, CA$60,304
Washington, DC$53,235
Miami, FL$46,650
Chicago, IL$50,981
Boston, MA$54,441
New York, NY$57,911
Dallas, TX$47,540
Denver, CO$66,051
Phoenix, AR$66,066
Charlotte, NC$61,445

 

Popular Employer Salaries for Commercial Credit Analysts

 

EmployerSalary
Bank of America Corp.$62,000
U.S. Bank$74,000
J.P. Morgan Chase & Co.$64,000
TD Bank, N.A.$56,000
Regions Bank$53,000
Capital One Financial Corp.$63,000
Customers Bank$55,000

 

Related Readings

CFI is the official provider of the global Financial Modeling & Valuation Analyst (FMVA)™ certification program, designed to help anyone become a world-class financial analyst. To keep advancing your career, the additional CFI resources below will be useful:

  • Comparable Company Analysis
  • Credit Risk Analysis
  • FICO Score
  • Three Financial Statements