The average salary for a Credit Analyst with Risk Management / Risk Control skills in India is Rs 712,290.
MEDIAN Rs 712,290
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Rs 296k - Rs 2m
Rs 26k - Rs 289k
Rs 0 - Rs 118k
Rs 325k - Rs 2m
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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 HSBC, Axis Bank and Crisil. Reported salaries are highest at Standard Chartered Bank where the average pay is Rs 1,800,000. Other companies that offer high salaries for this role include Royal Bank of Scotland and State Bank of India, earning around Rs 991,500 and Rs 850,000, respectively. Axis Bank pays the lowest at around Rs 475,000. Crisil and HSBC also pay on the lower end of the scale, paying Rs 650,000 and Rs 730,562, respectively.
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
Popular Skills for Credit Analyst
Skills in Loan Underwriting and Commercial Loans are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel, Credit Control and Financial Analysis.
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 581,748 based on 18 salaries. An early career Credit Analyst with 1-4 years of experience earns an average total compensation of Rs 676,682 based on 78 salaries. A mid-career Credit Analyst with 5-9 years of experience earns an average total compensation of Rs 975,915 based on 44 salaries. An experienced Credit Analyst with 10-19 years of experience earns an average total compensation of Rs 1,400,000 based on 13 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Credit Analyst in their job title in Gurgaon, Haryana earn an average of 80.1% more than the national average. These job titles also find higher than average salaries in Delhi, Delhi (26.4% more) and Mumbai, Maharashtra (19.3% more). The lowest salaries can be found in Pune, Maharashtra (52.3% less) and Kolkata, West Bengal (0.0% less).
Years of Experience
This data is based on 153 survey responses.
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