What is the Credit Analyst Salary?
The credit analyst salary ranges between $45,010 and $56,208 in the US. The midpoint salary of a credit analyst with one to three years of work experience is $51,500.
Educational background, certifications, skills, and the number of years of work experience all play key roles in determining the salary. The majority of professionals in the credit analysisCredit AnalysisCredit analysis helps determine the ability of a company or person to repay their debt obligations. It determines a potential borrower's credit risk or default risk. field possess a bachelor’s degree in business, accounting, economics, or mathematics. Credit analysts are responsible for assessing the creditworthiness of individuals, companies, or organizations that apply for loans.
![Credit Analyst Salary]()
With the ever-evolving finance industry, there are several growth opportunities for credit analysts not only in banks and related financial institutions but also in government agencies and rating agenciesRating AgencyA rating agency assesses the financial strength of companies and government entities, especially their ability to meet principal and interest payments. As they gain more work experience, they can move forward with their career and become consumer credit analysts or credit investment analysts.
Credit Analyst Salaries in US Cities
| City | Salary (Midpoint) |
|---|
| Birmingham, AL | $48,925 |
| Des Moines, IA | $51,500 |
| Detroit, MI | $51,500 |
| Greenville, SC | $47,895 |
| Las Vegas, NV | $51,500 |
| Louisville, KY | $47,380 |
| Phoenix, AZ | $58,195 |
| Portland, OR | $55,105 |
| San Francisco, CA | $72,100 |
| Tulsa, OK | $47,895 |
Related Readings
CFI is the official provider of the global Financial Modeling & Valuation Analyst (FMVA)®Become a Certified Financial Modeling & Valuation Analyst (FMVA)®CFI's Financial Modeling and Valuation Analyst (FMVA)® certification will help you gain the confidence you need in your finance career. Enroll today! 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:
- Accounting Salary GuideAccounting Salary GuideIn this accounting salary guide, we give you the midpoint compensation figures for those employed both in public and private accounting. Accountants are responsible for examining financial statements to ensure accuracy and compliance with existing laws and regulations, handling tax-related tasks such as calculating the
- Commercial Loan AgreementCommercial Loan AgreementA commercial loan agreement refers to an agreement between a borrower and a lender when the loan is for business purposes. Every time a substantial amount of money is borrowed, an individual or organization must enter into a loan agreement. The lender provides the money, provided the borrower agrees to all the loan stipulations
- Credit Risk AnalysisCredit Risk AnalysisCredit risk analysis can be thought of as an extension of the credit allocation process. After an individual or business applies to a bank or financial institution for a loan, the lending institution analyzes the potential benefits and costs associated with the loan.
- Top 10 Accounting and Finance CertificationsTop 10 Accounting & Finance CertificationsThe top 10 best accounting and finance certifications to highlight that someone has put in the time and effort to expand their knowledge and skills. Accounting and finance certifications highlight that someone has put in the time and effort to expand their knowledge and skills.
