Credit Analyst in Cincinnati, Ohio Salary

How much does a Credit Analyst make in Cincinnati, OH? In Cincinnati, a Credit Analyst takes home an average of $51,769 per year. This is 5% above the national average for a Credit Analyst which is $49,386 per year. Salaries for a Credit Analyst in Cincinnati range from $45,611 per year to $98,633 per year. Total Annual Compensation, which includes salary, bonus, and overtime for a Credit Analyst in Cincinnati ranges from $42,260 to $90,000 annually. Job satisfaction is reported as 4 out of 5 stars. Women make up 60% of the Credit Analyst workforce in Cincinnati among those reporting. In Cincinnati, a Credit Analyst often enjoys medical, dental, and vision benefits provided by their employer.

$45,611 - $98,633
$46K
$52K
$99K
MEDIAN: $51,769
10%
50%
90%

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$0$98K
Salary $45,611 - $98,633
Bonus $1,313
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).
)
$42,260 - $90,000
  • Country: United States
  • Currency: USD
  • Updated: 19 Nov 2017
  • Individuals Reporting: 11

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 Cincinnati, Ohio

Hamilton County, Ohio
298,537
Male:
143,654 (48.1%)
Female:
154,883 (51.9%)
Cincinnati (/ˌsɪnsᵻˈnæti/ SIN-si-NAT-ee) is a city in the U.S. state of Ohio that serves as county seat of Hamilton County. Settled in 1788, the city is located on the north side of the confluence of the Licking with the Ohio River. With a population of 298,550, Cincinnati is the third-largest city in Ohio and the 65th-largest city in the United States. Its metropolitan statistical area is the 28th-largest in the United States and the largest centered in Ohio. The city is also part of the larger Cincinnati–Middletown–Wilmington combined statistical area, which had a population of 2,172,191 in the 2010 census. In the early 19th century, Cincinnati was an American boomtown in the heart of the country; it rivaled the larger coastal cities in size and wealth. Throughout much of the 19th century, it was listed among the top 10 U.S. cities by population, surpassed only by New Orleans and the older,...
Cincinnati:
$35,001
Ohio:
$51,075
$658
Cincinnati:
$119,000
Ohio:
$136,400
6.7%

Credit Analyst Job Listings

Key Stats for Credit Analyst

Gender

Female
60 %
Male
40 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 2 votes.
Less than 1 year
14%
1-4 years
14%
5-9 years
21%
10-19 years
29%
20 years or more
21%

Experience Affects Credit Analyst Salaries

National Average
$53,000

Experienced
▼4%

Entry-Level
▼7%

Skills That Affect Credit Analyst Salaries

Financial Analysis
▲11%

National Average
$53,000

Credit Control
▼20%

Loan Underwriting
▼24%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 2 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
14%
1-4 years
14%
5-9 years
21%
10-19 years
29%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 83%
vision benefits
Vision: 75%
no benefits
None: 17%