Commercial Credit Analyst Salary

Pay for Commercial Credit Analysts in the United States sits in the ballpark of $54K per year. Cash earnings for Commercial Credit Analysts — including $7K in bonuses and $4K in profit sharing proceeds near the top of the pay scale — generally stretch from $37K to $75K depending on individual performance. Residence and tenure each impact pay for this group, with the former having the largest influence. Most Commercial Credit Analysts like their work and job satisfaction is high. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Most people who answered the questionnaire are men; 69 percent of Commercial Credit Analysts are male. The data in this summary comes from the PayScale salary survey.

$39,345 - $71,612
$39K
$54K
$72K
MEDIAN: $53,881
10%
50%
90%

Add this chart to your site: 640px    300px

$15.92 - $33.14
$16
$21
$33
MEDIAN: $20.65
10%
50%
90%

Add this chart to your site: 640px    300px

$0$74K
Salary $39,345 - $71,612
Bonus $478.11 - $7,039
Profit Sharing $-0.49 - $3,200
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).
)
$37,805 - $74,092
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 291
Hourly Data $0$53
Hourly Rate $15.92 - $33.14
Overtime $25.34 - $53.62
Annual Data $0$74K
Bonus $478.11 - $7,039
Profit Sharing $-0.49 - $3,200
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).
)
$37,805 - $74,092
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 62

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Commercial Credit Analyst

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.

Common Career Paths for Commercial Credit Analyst


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.

Commercial Credit Analyst Job Listings

Popular Skills for Commercial Credit Analyst


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 for Commercial Credit Analyst

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

National Average: $53,728

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.

Commercial Credit Analyst Reviews

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

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

Related Job Salaries

Key Stats for Commercial Credit Analyst

Gender

Female
32 %
Male
68 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 59 votes.
Less than 1 year
9%
1-4 years
58%
5-9 years
15%
10-19 years
14%
20 years or more
4%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Commercial Credit Analyst Salaries

▲21%

▲19%

▲15%

National Average
$54,000

▼7%

Skills That Affect Commercial Credit Analyst Salaries

National Average
$54,000

Risk Management / Risk Control
▼1%





Accounting
▼9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 59 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
9%
1-4 years
58%
5-9 years
15%
10-19 years
14%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 81%
vision benefits
Vision: 73%
no benefits
None: 8%
ADVERTISEMENT