$54,982
Avg. Salary
$21.35
Avg. Hourly Rate

Average additional compensation:

$3,018

Bonus

$1,526

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Commercial Credit Analyst is $21.35 per hour.

The average pay for a Commercial Credit Analyst is $54,982 per year.

10%
$15.45
10%
$21.35
50%
$31.73
90%
90%
MEDIAN $21.35
10%
$40k
10%
$55k
50%
$75k
90%
90%
MEDIAN $54,982
$39,625 - $75,037
$40K
$55K
$75K
MEDIAN: $54,982
10%
50%
90%

Add this chart to your site: 640px    300px

$15.45 - $31.73
$15
$21
$32
MEDIAN: $21.35
10%
50%
90%

Add this chart to your site: 640px    300px

$0$77K
Salary $39,625 - $75,037
Bonus $498 - $7,934
Profit Sharing $388 - $3,400
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).
)
$38,363 - $77,344
  • Country: United States
  • Currency: USD
  • Updated: 19 Mar 2019
  • Individuals Reporting: 537
Hourly Data $0$45
Hourly Rate $15.45 - $31.73
Overtime $25.70 - $45.65
Annual Data $0$77K
Bonus $498 - $7,934
Profit Sharing $388 - $3,400
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).
)
$38,363 - $77,344
  • Country: United States
  • Currency: USD
  • Updated: 19 Mar 2019
  • Individuals Reporting: 118

Job Description

A commercial credit analyst is responsible for gathering and analyzing credit information for current and prospective business borrowers. These analysts complete analyses for new loan requests and make recommendations for risk ratings according to what they discover. They must also analyze credit data and financial statements as part of risk analysis on new and renewing loans. Commercial credit analysts also prepare written summaries of credit analysis of the business' services, as well as compare financial strengths of businesses being evaluated with similar businesses in the same industries. Additionally, these analysts must collaborate with auditors and loan review specialists. This is generally a full-time position, although overtime may be required depending on the needs of the business.

Read More...
Commercial 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

$0$74K

$65,002

Common Career Paths


Add this chart to your site:   640px 640px    300px 300px


Many Commercial Credit Analysts move into Senior Credit Analyst roles, in which average pay is a slightly higher $63K per year.

Job Listings

Popular Skills


Survey results suggest that Commercial Credit Analysts use a fairly large toolkit of professional skills. Most notably, skills in Risk Management / Risk Control, Loan Underwriting, Financial Analysis, and Commercial Loans are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Accounting, Microsoft Excel, and Commercial Loans. Those familiar with Commercial Loans also tend to know Loan Underwriting.

Pay by Experience Level

Pay by Experience for a Commercial Credit Analyst has a positive trend. An entry-level Commercial Credit Analyst with less than 5 years of experience can expect to earn an average total compensation of $50,000 based on 244 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Commercial 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 $62,000 based on 71 salaries. An experienced Commercial Credit Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $64,000 based on 57 salaries. A Commercial 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 $65,000 based on 16 salaries.

Pay Difference by Location

18%

7%

3%

-18%

National Average: $54,755

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

New York offers some of the highest pay in the country for Commercial Credit Analysts, 31 percent above the national average. Commercial Credit Analysts will also find cushy salaries in Denver (+21 percent), Boston (+10 percent), Dallas (+8 percent), and Houston (+7 percent). One of the biggest compensable factors for Commercial Credit Analysts is geography, with workers in St. Louis earning a whopping 22 percent below the national average. Albany and Grand Rapids are a couple other places where companies are known to pay below the median — salaries are 16 percent lower and 12 percent lower, respectively.

Job Reviews

Q: What is it like working as a Commercial Credit Analyst?

Commercial Credit Analyst in Chicago:
"Restructure and Lack of Lead Experience."
Pros: The customers both external and internal is what made my job enjoyable.
Cons: They hired someone they fired 17 years earlier who bullied their employees because they feel threatened by the experience of others. Upper management does nothing and loses the best employees due to it.

Commercial Credit Analyst in Phoenix:
"Stressful work, but decent pay."
Pros: My coworkers
Cons: ?

Commercial Credit Analyst in Cloverdale:
"Small Town living."
Pros: Close to home. Ability to know most of the town. The ability to engage in the town events
Cons: Absence of employment options.

Commercial Credit Analyst in Seattle:
Pros: Challenging and interesting. Hetf a different perspective on the world.
Cons: Often repetitive. Very strict guidelines to follow.

Commercial Credit Analyst in Minneapolis:
"I had more experience than the credit team that worked there."

Related Job Salaries

Gender

Female
34 %
Male
66 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 121 votes.
Less than 1 year
8%
1-4 years
58%
5-9 years
16%
10-19 years
14%
20 years or more
4%

How Experience Affects Salaries

▲19%

▲17%

▲13%

National Average
$55,000

▼9%

How Skills Affect Salaries

National Average
$55,000

Risk Management / Risk Control
▼3%





Accounting
▼10%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 121 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

Less than 1 year
8%
1-4 years
58%
5-9 years
16%
10-19 years
14%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 81%
vision benefits
Vision: 74%
no benefits
None: 7%