What is the Senior Credit Analyst Salary?
The average senior credit analyst salary in the United States is $66,393 annually. The figure depends on several factors, including the employer, location, educational background, and number of years of experience.
Senior credit analysts are responsible for evaluating credit requests and creating recommendations based on the financial information of individuals or companies that are borrowing money. They work with loan officers to handle the results of risk assessment and discuss loan policies.
If you want to become a senior credit analyst, you need at least a bachelor’s degree in finance, accounting, or a related field. You also need several years of work experience with credit or loan evaluation. As you gain more experience, you can move up the corporate ladder as a credit manager, credit/collections manager, or portfolio manager.
Salaries in US Cities
| US City | Salary |
|---|---|
| New York, NY | $86,096 |
| Los Angeles, CA | $83,000 |
| Chicago, IL | $73,336 |
| Minneapolis, MN | $70,119 |
| Houston, TX | $69,562 |
| Seattle, WA | $69,210 |
| Atlanta, GA | $64,081 |
Popular Employer Salaries for Senior Credit Analysts
| Employer | Salary |
|---|---|
| U.S. Bank | $88,000 |
| Wells Fargo Bank | $80,000 |
| Bank of America Corp. | $66,000 |
| Cobank | $70,000 |
| Farm Credit | $73,000 |
| Expeditors International of Washington, Inc. | $65,000 |
| Umpqua Bank | $64,000 |
| HSBC Holdings | $86,000 |
| J.P. Morgan | $73,000 |
| M&T Bank Corp. | $76,000 |
Additional Resources
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:
