Commercial Credit Analyst Salary (United States)

A relatively junior crowd, just under 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 annually. Compensation generally starts at $33,942 and does not exceed $69,124 per year. Geography is the biggest factor affecting pay for this group, followed by tenure. Nearly all enjoy medical while a strong majority get dental coverage in this occupation. Vision coverage is also available to more than half. Most Commercial Credit Analysts like their work and job satisfaction is high. The data in this summary comes from the PayScale salary survey.
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.
Read More...
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 only report a few specific skills. 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. Those educated in Financial Analysis tend to be well-versed in Commercial Loans.

Pay by Experience Level for Commercial Credit Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Commercial Credit Analysts, experience in the field does not tend to play a major role in salary decisions; in general, pay does not go up drastically with more experience, and earnings grow incrementally instead. Though starting salaries approximate $44K, they climb to $55K after five to 10 years. After 10 to 20 years, salary hovers around $57K. Commercial Credit Analysts experience only minor salary growth after working for two decades, bringing in around $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 percent, and senior people with more than 20 years under their belt fill out the remaining less than five percent. Most employees in this workforce have between one and nine years of experience; most of those surveyed fall within this distribution.

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.
For Commercial Credit Analysts, working in the bustling city of New York has its advantages, including an above-average pay rate. Commercial Credit Analysts will also find cushy salaries in Denver (+35 percent) and Houston (+8 percent). The lowest-paying market is St. Louis, which sits 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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