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.
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
| City | Salary |
|---|---|
| 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
| Employer | Salary |
|---|---|
| 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 |
CFI offers the Commercial Banking & Credit Analyst (CBCA)™ certification program for those looking to take their careers to the next level.
Want to advance your career as a world-class Commercial Credit Analyst? Download our (CBCA)™ brochure , below, and find out how!
Learn More About Our CBCA™ Certification
See how CFI's Commercial Banking & Credit Analyst (CBCA™) certification can help you advance your career in Commercial Banking and Credit Analysis. Download our CBCA™ program brochure to get an overview of our key course offerings.Related Readings
To keep advancing your career, the additional CFI resources below will be useful:
