The average salary for a Commercial Credit Analyst with Commercial Loans skills is $55,732.
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$41k - $74k
$493 - $8k
$324 - $4k
$41k - $78k
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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 comp…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 for Commercial Credit Analyst
The top respondents for the job title Commercial Credit Analyst are from the companies U.S. Bank, Bank of America Corp. (BOFA) and Customers Bank. Reported salaries are highest at U.S. Bank where the average pay is $74,434. Other companies that offer high salaries for this role include Bank of America Corp. (BOFA), earning around $61,935. Customers Bank pays the lowest at around $55,000. TD Bank, N.A. also pays on the lower end of the scale, paying $58,900.
Commercial Credit Analyst Job Listings
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Popular Skills for Commercial Credit Analyst
Skills in Financial Analysis, Loan Underwriting and Risk Management / Risk Control are correlated to pay that is above average. Skills that pay less than market rate include Data Analysis and Microsoft Excel.
Pay by Experience Level for Commercial Credit Analyst
An entry-level Commercial Credit Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $49,600 based on 27 salaries. An early career Commercial Credit Analyst with 1-4 years of experience earns an average total compensation of $53,859 based on 266 salaries. A mid-career Commercial Credit Analyst with 5-9 years of experience earns an average total compensation of $62,500 based on 77 salaries. An experienced Commercial Credit Analyst with 10-19 years of experience earns an average total compensation of $66,758 based on 48 salaries. In their late career (20 years and higher), employees earn an average total compensation of $72,059.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Commercial Credit Analyst in their job title in Denver, Colorado earn an average of 15.3% more than the national average. These job titles also find higher than average salaries in Phoenix, Arizona (13.7% more) and Portland, Maine (9.5% more). The lowest salaries can be found in Portland, Oregon (6.7% less).
Years of Experience
This data is based on 434 survey responses.