The average salary for a Credit Analyst is Rs 587,389.
MEDIAN Rs 587,389
Is Credit Analyst your job title? Get a personalized salary report!
Rs 226k - Rs 1m
Rs 10k - Rs 252k
Rs 8k - Rs 316k
Rs 0 - Rs 21k
Rs 245k - Rs 1m
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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 Crisil, HSBC and Axis Bank. Reported salaries are highest at J.P. Morgan Chase & Co. (JPMCC) where the average pay is Rs 1,225,000. Other companies that offer high salaries for this role include State Bank of India and HSBC, earning around Rs 884,372 and Rs 730,858, respectively. American Express Co. (AMEX) pays the lowest at around Rs 387,097. Axis Bank and Kotak Mahindra Bank also pay on the lower end of the scale, paying Rs 586,590 and Rs 600,000, respectively.
Credit Analyst Job Listings
Popular Skills for Credit Analyst
Risk Management / Risk Control
Skills in Financial Analysis, Credit Control, Risk Management / Risk Control and Loan Underwriting are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel.
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 Rs 406,635 based on 143 salaries. An early career Credit Analyst with 1-4 years of experience earns an average total compensation of Rs 525,131 based on 286 salaries. A mid-career Credit Analyst with 5-9 years of experience earns an average total compensation of Rs 864,897 based on 120 salaries. An experienced Credit Analyst with 10-19 years of experience earns an average total compensation of Rs 1,212,639 based on 25 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Credit Analyst in their job title in Chennai, Tamil Nadu earn an average of 18.9% more than the national average. These job titles also find higher than average salaries in Kolkata, West Bengal (10.7% more) and Mumbai, Maharashtra (9.9% more). The lowest salaries can be found in Pune, Maharashtra (25.1% less), Hyderabad, Andhra Pradesh (22.2% less) and Bangalore, Karnataka (5.9% less).
Years of Experience
This data is based on 574 survey responses.
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