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Commercial Credit Analyst Salary

Commercial Credit Analysts in the United States pull down an average of $46K annually. Final cash compensation to Commercial Credit Analysts varies from around $34K to approximately $69K; choice pay grades include potential for bonuses and profit sharing as high as $7K and $7K, respectively. Residence is the biggest factor affecting pay for this group, followed by tenure. Men make up the majority of Commercial Credit Analysts (68 percent) survey respondents. Job satisfaction is high and work is enjoyable for most Commercial Credit Analysts. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a majority. The data for this snapshot was collected from individuals who took PayScale's salary survey.
$35,458 - $66,592
(Median)
35K
46K
56K
67K
MEDIAN: $46,163
10%
50%
75%
90%

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$12.67 - $24.78
(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$23K$46K$69K
Salary
$35,458 - $66,592  
   
Bonus
$0.00 - $7,114  
Profit Sharing
$783 - $6,744  
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).
)
$34,020 - $68,937  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 591
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
$12.67 - $24.78  
   
Overtime
$19.80 - $35.34  
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 - $7,114  
   
Profit Sharing
$783 - $6,744  
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).
)
$34,020 - $68,937  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 111
United States (change)

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 report a narrow range of 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 between 5 percent and 9 percent. Most people familiar with 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.


Workers in their first five years can expect to earn $44K, but people who have been around for five to 10 years earn a noticeably bigger sum of $54K. People with 10 to 20 years of experience make an average of about $56K in this role. Individuals who report more than two decades of experience seem to make about the same as folks in the 10-to-20 year range.

Pay Difference by Location


New York is home to an above-average pay rate for Commercial Credit Analysts, 43 percent higher than the national average. Commercial Credit Analysts will also find cushy salaries in Denver (+33 percent) and Houston (+8 percent). Falling short of the national average by 10 percent, the area with the worst salaries is St. Louis.

Related Job Salaries

Experience Affects Commercial Credit Analyst Salaries


Late-Career
up arrow 21%


National Average
$46,000


Skills That Affect Commercial Credit Analyst Salaries




Microsoft Excel
up arrow 1%

National Average
$46,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 183 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
9%
1-4 years
55%
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%