Credit Analyst in Houston, Texas Salary

The average salary for a Credit Analyst in Houston, Texas is $53,325 per year. The skills that increase pay for this job the most are Financial Modeling and Loan Underwriting. Pay for this job rises steadily for more experienced workers, but goes down noticeably for the few employees with more than 20 years' experience. People in this job generally don't have more than 20 years' experience.

$40,257 - $73,113
$40K
$54K
$73K
MEDIAN: $54,424
10%
50%
90%

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$13.50 - $25.03
$14
$20
$25
MEDIAN: $19.64
10%
50%
90%

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$0$73K
Salary $40,257 - $73,113
Bonus $489.36 - $12,255
Profit Sharing $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).
)
$38,634 - $70,495
  • Country: United States
  • Currency: USD
  • Updated: 17 Nov 2017
  • Individuals Reporting: 41
Hourly Data $0$35
Hourly Rate $13.50 - $25.03
Overtime $29.44
Annual Data $0$70K
Bonus $489.36 - $12,255
Profit Sharing $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).
)
$38,634 - $70,495
  • Country: United States
  • Currency: USD
  • Updated: 17 Nov 2017
  • Individuals Reporting: 14

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 Houston, Texas

Harris County, Texas
2,298,628
Male:
1,149,686 (50.0%)
Female:
1,148,942 (50.0%)
Houston (/ˈhjuːstən/ HYOO-stən) is the most populous city in Texas and the fourth-most populous city in the United States, located in Southeast Texas near the Gulf of Mexico. With a census-estimated 2014 population of 2.239 million within a land area of 599.6 square miles (1,553 km2), it also is the largest city in the Southern United States, as well as the seat of Harris County. It is the principal city of Houston–The Woodlands–Sugar Land, which is the fifth-most populated metropolitan area in the United States. Houston was founded on August 28, 1836, near the banks of Buffalo Bayou (now known as Allen's Landing) and incorporated as a city on June 5, 1837. The city was named after former General Sam Houston, who was president of the Republic of Texas and had commanded and won at the Battle of San Jacinto 25 miles (40 km) east of where the city was established. The burgeoning port and railroad...
Houston:
$48,064
Texas:
$55,653
$923
Houston:
$152,200
Texas:
$152,000
4.0%

Credit Analyst Job Listings

Pay by Experience Level for Credit Analyst

Pay by Experience for a Credit Analyst has a positive trend. An entry-level Credit Analyst with less than 5 years of experience can expect to earn an average total compensation of $49,000 based on 38 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A 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 $55,000 based on 15 salaries. An experienced Credit Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $69,000 based on 10 salaries. A 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 $62,000 based on 5 salaries.

Key Stats for Credit Analyst

Gender

Female
46 %
Male
54 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.
Less than 1 year
11%
1-4 years
56%
5-9 years
15%
10-19 years
13%
20 years or more
5%

Experience Affects Credit Analyst Salaries

▲32%

Late-Career
▲20%

Mid-Career
▲6%

National Average
$52,000

▼7%

Skills That Affect Credit Analyst Salaries

Financial Modeling
▲13%

Loan Underwriting
▲9%

Microsoft Excel
▲8%


Credit Control
▲3%

Risk Management / Risk Control
▲2%

Commercial Loans
▲1%

National Average
$52,000

Collections
▼2%

Microsoft Office
▼3%

Accounting
▼6%

Accounts Receivable
▼10%

Customer Service
▼16%

Data Analysis
▼21%

bill collections
▼23%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.

Gender

Female
46 %
Male
54 %

Years of Experience

Less than 1 year
11%
1-4 years
56%
5-9 years
15%
10-19 years
13%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 83%
vision benefits
Vision: 71%
no benefits
None: 5%