Commercial Credit Analyst Salary

Commercial Credit Analysts in the United States take home an average $53K per year. With some bonuses approaching $8K and certain profit sharing proceeds approaching $3K, overall incomes of Commercial Credit Analysts spread between $36K and $75K depending on individual performance. Location and years of experience each impact pay for this group, with the former having the largest influence. Work is enjoyable for Commercial Credit Analysts, who typically claim high levels of job satisfaction. There are more male Commercial Credit Analysts than female among those who completed the questionnaire, making up 68 percent. Almost all enjoy medical while a fair number get dental coverage. Vision coverage is also available to more than half. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$37,754 - $72,779
$38K
$53K
$73K
MEDIAN: $52,688
10%
50%
90%

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$14.99 - $33.11
$15
$21
$33
MEDIAN: $20.91
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Salary
$37,754 - $72,779  
   
Bonus
$494.93 - $7,968  
Profit Sharing
$0.00 - $3,125  
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).
)
$36,332 - $75,415  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 272
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$18$36$54
Hourly Rate
$14.99 - $33.11  
   
Overtime
$23.77 - $52.77  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$494.93 - $7,968  
   
Profit Sharing
$0.00 - $3,125  
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).
)
$36,332 - $75,415  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 55

Find Out Exactly What You Should Be Paid

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

  • Assess credit risk.
  • Aggregate and evaluate data related to credit and credit risk to support organizational decision-making.
  • Ensure that approved accounts remain in good standing.
  • Establish terms for approved credit requests.

Common Career Paths for Commercial Credit Analyst


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Many Commercial Credit Analysts move into a Senior Credit Analyst role, and folks who currently hold that position report a much higher median income of $63K per year.

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Popular Skills for Commercial Credit Analyst


Survey results imply that Commercial Credit Analysts put a diverse skill set to use. Most notably, skills in Risk Management / Risk Control, Loan Underwriting, Financial Analysis, and Commercial Loans are correlated to pay that is above average. Skills that pay less than market rate include Accounting. It is often found that people who know Commercial Loans are also skilled in Loan Underwriting.

Pay by Experience Level for Commercial Credit Analyst

Pay by Experience for a Commercial Credit Analyst has a positive trend. An entry-level Commercial Credit Analyst with less than 5 years of experience can expect to earn an average total compensation of $50,000 based on 244 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Commercial Credit Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $62,000 based on 71 salaries. An experienced Commercial Credit Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $64,000 based on 57 salaries. A Commercial Credit Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $65,000 based on 16 salaries.

Pay Difference by Location

National Average: $52,311

Larger city markers indicate a job is popular in that location.

For Commercial Credit Analysts, New York provides a pay rate that is 34 percent greater than the national average. Commercial Credit Analysts will also find cushy salaries in Denver (+24 percent), Boston (+13 percent), Dallas (+11 percent), and Houston (+10 percent). Commercial Credit Analysts in St. Louis report much lower salaries than the rest of the country — 20 percent below the national average — proving that residence is a major factor in overall pay. Employers pay around 14 percent less in Albany and 10 percent less in Grand Rapids, below-median salaries for those in this field.

Related Job Salaries

Key Stats for Commercial Credit Analyst

Gender

Female
32 %
Male
68 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 46 votes.
Less than 1 year
8%
1-4 years
57%
5-9 years
15%
10-19 years
15%
20 years or more
5%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Commercial Credit Analyst Salaries

▲24%

▲22%

▲19%

National Average
$52,000

▼5%

Skills That Affect Commercial Credit Analyst Salaries

Risk Management / Risk Control
▲1%

National Average
$52,000





Accounting
▼6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 46 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
8%
1-4 years
57%
5-9 years
15%
10-19 years
15%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 78%
vision benefits
Vision: 69%
no benefits
None: 6%