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Commercial Credit Analyst Salary

Commercial Credit Analysts in the United States take home an average $47K per year. In the world of Commercial Credit Analysts, total cash compensation can vary between $35K and $70K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $8K and $6K, respectively. Location and tenure each impact pay for this group, with the former having the largest influence. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to the greater part. There are more male Commercial Credit Analysts than female among those who completed the questionnaire, making up 68 percent. Most Commercial Credit Analysts like their work and job satisfaction is high. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$35,895 - $66,971
(Median)
$36K
$47K
$67K
MEDIAN: $46,622
10%
50%
90%

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$13.27 - $25.07
(Median)
$13
$18
$25
MEDIAN: $17.00
10%
50%
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
$35,895 - $66,971  
   
Bonus
$0.00 - $7,851  
Profit Sharing
$776 - $6,128  
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).
)
$34,544 - $69,612  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 567
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$14$28$42
Hourly Rate
$13.27 - $25.07  
   
Overtime
$20.21 - $39.73  
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$28K$56K$84K
Bonus
$0.00 - $7,851  
   
Profit Sharing
$776 - $6,128  
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).
)
$34,544 - $69,612  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 106

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United States (change)


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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.

Credit Analyst Job Listings

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Popular Skills for Commercial Credit Analyst


Commercial Credit Analysts who responded to the survey indicated only a few skills that they use on the job. Most notably, skills in Commercial Loans, Loan Underwriting, Financial Analysis, and Microsoft Excel are correlated to pay that is above average, with boosts between 5 percent and 9 percent. The majority of those who know Financial Analysis also know Commercial Loans.

Pay by Experience Level for Commercial Credit Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.


More years of relevant experience do not necessarily translate to higher paychecks. Respondents with less than five years' experience take home $44K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $55K. Commercial Credit Analysts claiming one to two decades of experience make an estimated median of $56K. Old hands boasting more than twenty years of relevant experience report pay that is more or less commensurate with that extensive experience; average earnings for this group come out to approximately $65K.

Pay Difference by Location


Commercial Credit Analysts will find that New York offers an impressive pay rate, one which exceeds the national average by 40 percent. Commercial Credit Analysts will also find cushy salaries in Denver (+34 percent) and Houston (+9 percent). With compensation 11 percent below the national average, St. Louis is not known for hefty paychecks and actually represents the lowest-paying market.

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United States (change)

Experience Affects Commercial Credit Analyst Salaries

Late-Career
up arrow 39%



National Average
$47,000


Skills That Affect Commercial Credit Analyst Salaries




Microsoft Excel
up arrow 2%

National Average
$47,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 151 votes.

Gender

Female
32 %
Male
68 %

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: 84%
vision benefits Vision: 66% employee benefits None: 7%
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