Credit Analyst in Seattle Salary

How much does a Credit Analyst make in Seattle, WA? The average salary for a Credit Analyst in Seattle is $58,312 annually. This is 15% higher than the national average for a Credit Analyst which is $49,386 per year. Salaries for a Credit Analyst in Seattle range from $40,963 per year to $70,113 annually. Total Annual Pay, which includes salary, bonus, and overtime for a Credit Analyst in Seattle ranges from $43,740 to $77,502 annually. Job satisfaction is reported as 5 out of 5 stars. Men make up a majority of the Credit Analyst workforce in Seattle among those reporting — 82 percent to be exact. Many report receiving medical, dental, and vision benefits from their employer.

$40,963 - $70,113
$41K
$58K
$70K
MEDIAN: $58,312
10%
50%
90%

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$0$77K
Salary $40,963 - $70,113
Bonus $984 - $12,416
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).
)
$43,740 - $77,502
  • Country: United States
  • Currency: USD
  • Updated: 18 Nov 2017
  • Individuals Reporting: 29

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. He or she will usually work indoors in an office environment. Credit analysts must have excellent communication skills, be great listeners, and be able to perform multiple tasks. Analysts can be employed by major banks, credit unions, investment management groups, and the U.S. Department of State, to name a few. They usually work Monday through Friday, but this can change. If an analyst is working on a major case decision for a corporation, for example, work outside of normal hours may be required. Credit analysts not only make decisions on credit worthiness; they also recommend steps to improve credit ratings. Customers can range from corporations to individuals trying to secure a loan. This is a professional, white-collar job. There is a high demand and growth opportunities for credit analysts because the economy is constantly changing. (Copyright 2017 PayScale.com)


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.

About Seattle, Washington

King County, Washington
684,443
Male:
345,659 (50.5%)
Female:
338,784 (49.5%)
Seattle (/siˈætəl/) is a seaport city on the west coast of the United States and the seat of King County, Washington. With an estimated 684,451 residents as of 2015, Seattle is the largest city in both the state of Washington and the Pacific Northwest region of North America. As of 2015, it is estimated to be the 18th largest city in the United States. In July 2013, it was the fastest-growing major city in the United States and remained in the Top 5 in May 2015 with an annual growth rate of 2.1%. The Seattle metropolitan area is the 15th largest metropolitan area in the United States with over 3.7 million inhabitants. The city is situated on an isthmus between Puget Sound (an inlet of the Pacific Ocean) and Lake Washington, about 100 miles (160 km) south of the Canada–United States border. A major gateway for trade with Asia, Seattle is the...
Seattle:
$80,349
Washington:
$64,129
$1,356
Seattle:
$530,900
Washington:
$284,000
3.5%

Credit Analyst Job Listings

Key Stats for Credit Analyst

Gender

Female
18 %
Male
82 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.
Less than 1 year
12%
1-4 years
55%
5-9 years
24%
10-19 years
3%
20 years or more
6%

Experience Affects Credit Analyst Salaries

National Average
$59,000

Experienced
▼7%

▼9%

Mid-Career
▼15%

Skills That Affect Credit Analyst Salaries

Commercial Loans
▲22%

Loan Underwriting
▲6%

National Average
$59,000

Risk Management / Risk Control
▼2%

Financial Analysis
▼9%

Accounting
▼9%

Microsoft Office
▼12%

Microsoft Excel
▼13%

Collections
▼15%

Credit Control
▼16%

Customer Service
▼18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.

Gender

Female
18 %
Male
82 %

Years of Experience

Less than 1 year
12%
1-4 years
55%
5-9 years
24%
10-19 years
3%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 77%
vision benefits
Vision: 63%
no benefits
None: 7%