The average salary for a Credit Analyst is C$49,419.
Is Credit Analyst your job title? Get a personalized salary report!
C$38k - C$66k
C$971 - C$10k
C$507 - C$4k
C$38k - C$69k
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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
- 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
Popular Skills for Credit Analyst
Risk Management / Risk Control
Skills in Financial Analysis, Risk Management / Risk Control and Microsoft Excel are correlated to pay that is above average. Skills that pay less than market rate include Bill Collections and Credit Control.
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 C$43,560 based on 95 salaries. An early career Credit Analyst with 1-4 years of experience earns an average total compensation of C$48,996 based on 225 salaries. A mid-career Credit Analyst with 5-9 years of experience earns an average total compensation of C$53,387 based on 100 salaries. An experienced Credit Analyst with 10-19 years of experience earns an average total compensation of C$50,609 based on 74 salaries. In their late career (20 years and higher), employees earn an average total compensation of C$53,249.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Credit Analyst in their job title in Calgary, Alberta earn an average of 17.4% more than the national average. These job titles also find higher than average salaries in Toronto, Ontario (3.7% more). The lowest salaries can be found in Vancouver, British Columbia (7.9% less), Edmonton, Alberta (7.3% less) and Mississauga, Ontario (7.0% less).
Years of Experience
This data is based on 525 survey responses.
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