The average salary for a Credit Analyst is AU$68,703 per year. A skill in Risk Management / Risk Control is associated with high pay for this job. Most people move on to other jobs if they have more than 20 years' experience in this career.

AU$49,713 - AU$88,824
AU$50K
AU$69K
AU$89K
MEDIAN: AU$68,732
10%
50%
90%
AU$21.79 - AU$37.90
AU$22
AU$34
AU$38
MEDIAN: AU$34.15
10%
50%
90%
AU$0AU$95K
Salary AU$49,713 - AU$88,824
Bonus AU$950 - AU$14,899
Profit Sharing AU$96.96 - AU$9,967
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).
)
AU$50,064 - AU$95,146
  • Country: Australia
  • Currency: AUD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 241
Hourly Data AU$0AU$37
Hourly Rate AU$21.79 - AU$37.90
Overtime AU$32.50
Annual Data AU$0AU$95K
Bonus AU$950 - AU$14,899
Profit Sharing AU$96.96 - AU$9,967
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).
)
AU$50,064 - AU$95,146
  • Country: United States
  • Currency: AUD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 11

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. He or she will usually work indoors in an office environment. Credit analysts must have excellent communication skills, be great listeners, and be able to perform multiple tasks. Analysts can be employed by major banks, credit unions, investment management groups, and the U.S. Department of State, to name a few. They usually work Monday through Friday, but this can change. If an analyst is working on a major case decision for a corporation, for example, work outside of normal hours may be required. Credit analysts not only make decisions on credit worthiness; they also recommend steps to improve credit ratings. Customers can range from corporations to individuals trying to secure a loan. This is a professional, white-collar job. There is a high demand and growth opportunities for credit analysts because the economy is constantly changing. (Copyright 2018 PayScale.com)


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

Credit Analyst Job Listings

Pay by Experience Level for Credit Analyst

Pay by Experience for a Credit Analyst has a positive trend. An entry-level Credit Analyst with less than 5 years of experience can expect to earn an average total compensation of AU$66,000 based on 162 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A 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 AU$74,000 based on 83 salaries. An experienced Credit Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of AU$77,000 based on 40 salaries. A 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 AU$82,000 based on 14 salaries.

Pay Difference by Location

National Average: AU$70,221

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

Related Job Salaries

Key Stats for Credit Analyst

Gender

Female
44 %
Male
56 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 11 votes.
Less than 1 year
4%
1-4 years
51%
5-9 years
27%
10-19 years
12%
20 years or more
6%

Experience Affects Credit Analyst Salaries

▲17%

▲10%

▲5%

National Average
AU$70,000

▼7%

Skills That Affect Credit Analyst Salaries



National Average
AU$70,000


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 11 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
4%
1-4 years
51%
5-9 years
27%
10-19 years
12%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 12%
dental benefits
Dental: 3%
vision benefits
Vision: 5%
no benefits
None: 86%