The average salary for a Credit Analyst in Australia is AU$69,259.
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AU$49k - AU$85k
AU$1k - AU$12k
AU$2 - AU$7k
AU$49k - AU$88k
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Job Description for Credit Analyst
Credit analysts specialize in determining a business's or individual's credit worthiness. A credit analyst looks at all past credit purchases and, based on their findings, decides if a person or a corporation is worthy to receive a loan. The majority of credit analysts have a Bachelor's degree in mathematics, business, economics, or accounting. It is suggested that people with this job enjoy working with numbers, because they will be reviewing numerical figures as a part of their daily function.…Read more
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.
Popular Employer Salaries for Credit Analyst
The top respondents for the job title Credit Analyst are from the companies National Australia Bank, Macquarie Bank and Westpac Banking Corp. Reported salaries are highest at Macquarie Bank where the average pay is AU$73,194. Other companies that offer high salaries for this role include Commonwealth Bank of Australia, earning around AU$71,547. Westpac Banking Corp pays the lowest at around AU$70,414. National Australia Bank also pays on the lower end of the scale, paying AU$70,423.
Explore the most common career paths for Credit Analyst. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Credit Analyst Job Listings
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Popular Skills for Credit Analyst
Risk Management / Risk Control
Skills in Financial Analysis, Loan Underwriting and Risk Management / Risk Control are correlated to pay that is above average. Skills that pay less than market rate include Credit Control and Commercial Loans.
Pay by Experience Level for Credit Analyst
An entry-level Credit Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of AU$64,144 based on 16 salaries. An early career Credit Analyst with 1-4 years of experience earns an average total compensation of AU$67,805 based on 137 salaries. A mid-career Credit Analyst with 5-9 years of experience earns an average total compensation of AU$71,471 based on 59 salaries. An experienced Credit Analyst with 10-19 years of experience earns an average total compensation of AU$74,453 based on 27 salaries. In their late career (20 years and higher), employees earn an average total compensation of AU$72,992.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Credit Analyst in their job title in Adelaide, South Australia earn an average of 4.3% more than the national average. These job titles also find higher than average salaries in Brisbane, Queensland (4.2% more) and Melbourne, Victoria (2.4% more). The lowest salaries can be found in Sydney, New South Wales (1.7% less) and Perth, Western Australia (0.1% less).
Years of Experience
This data is based on 249 survey responses.
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