Commercial Credit Analyst Salary (United States)

A relatively junior crowd, about two-thirds of Commercial Credit Analysts have fewer than five years of experience under their belt and the average salary for the field is $46,216 per year. Pay ranges from $33,942 on the low end to $69,124 per year on the higher side. Total cash compensation approaches anywhere from $35,378 on the lower end to $66,817 on the higher end; in exceptional cases, this can include more than $7,851 from bonuses and upwards of $6,759 from profit sharing. Location is the biggest factor affecting pay for this group, followed by career length. Most people in this field enjoy health coverage; nearly all receive medical and dental insurance and more than half get vision insurance. Most workers in this position report high levels of job satisfaction. The numbers in this rundown were provided by PayScale's salary survey participants.
Commercial Credit Analyst Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$35,378 - $66,817
(Median)
35K
46K
56K
67K
MEDIAN: $46,012
10%
50%
75%
90%
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Commercial Credit Analyst Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$12.55 - $24.87
(Median)
13
15
18
22
25
MEDIAN: $17.00
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Salary
$35,378 - $66,817  
   
Bonus
$0.00 - $7,851  
Profit Sharing
$780 - $6,759  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$33,942 - $69,124  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 573
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$12$24$36
Hourly Rate
$12.55 - $24.87  
   
Overtime
$19.73 - $35.54  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Bonus
$0.00 - $7,851  
   
Profit Sharing
$780 - $6,759  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$33,942 - $69,124  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 106
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Job Description for Commercial Credit Analyst

A commercial credit analyst is responsible for gathering and analyzing credit information for current and prospective business borrowers. These analysts complete analyses for new loan requests and make recommendations for risk ratings according to what they discover. They must also analyze credit data and financial statements as part of risk analysis on new and renewing loans. Commercial credit analysts also prepare written summaries of credit analysis of the business' services, as well as compare financial strengths of businesses being evaluated with similar businesses in the same industries. Additionally, these analysts must collaborate with auditors and loan review specialists. This is generally a full-time position, although overtime may be required depending on the needs of the business.
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Commercial Credit Analyst Tasks
  • Ensure that approved accounts remain in good standing.
  • Establish terms for approved credit requests.
  • Assess credit risk.
  • Aggregate and evaluate data related to credit and credit risk to support organizational decision-making.

Commercial Credit Analyst Job Listings

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Popular Skills for Commercial Credit Analyst

Commercial Credit Analysts typically list a handful of skills they use on the job. Most notably, skills in Loan Underwriting, Commercial Loans, Financial Analysis, and Microsoft Excel are correlated to pay that is above average, with boosts of 10 percent, 10 percent, 6 percent, and 6 percent, respectively. It is often found that people who know Financial Analysis are also skilled in Commercial Loans.

Pay by Experience Level for Commercial Credit Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Commercial Credit Analysts with less experience do not necessarily bring home smaller paychecks. In fact, experience in this field tends to have little impact on salary. Those in the early stages of their career can expect to make around $44K; however, pay rises to approximately $55K after five to 10 years. Compensation is $57K after 10 to 20 years. Wages continue to grow, though somewhat marginally, for Commercial Credit Analysts after 20 years in the field, and salaries border $61K. Experienced employees who have 10-20 years of experience make up 11 percent of the workforce; inexperienced individuals who have been working for less than one year comprise less than 10, and senior people with more than 20 years under their belt fill out the remaining less than five. Workers in this area tend to have one to nine years of experience.

Pay Difference By Location

New York
up arrow 44%
up arrow 35%
Houston
up arrow 8%
Minneapolis
up arrow 6%
National Average
$46,000
St. Louis
up arrow 10%
Larger circles over a city indicate a job is popular in that location.
Surpassing the national average by 44 percent, Commercial Credit Analysts in New York receive some of the highest pay in the country. Commercial Credit Analysts will also find cushy salaries in Denver (+35 percent) and Houston (+8 percent). St. Louis ranks last in the field for pay, reporting salaries 10 percent below the national average.

Related Job Salaries

Experience Affects Commercial Credit Analyst Salaries

Late-Career
up arrow 32%
National Average
$46,000

Skills That Affect Commercial Credit Analyst Salaries

Microsoft Excel
up arrow 1%
National Average
$46,000

Job Satisfaction

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Highly satisfied
Rated 4 out of 5 based on 184 votes.

Gender

Female
31%
female alumni
 
Male
69%
male alumni

Years of Experience

Less than 1 year
9%
1-4 years
54%
5-9 years
22%
10-19 years
11%
20 years or more
4%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 83%
vision benefits Vision: 65% employee benefits None: 7%
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