Avg. Base Salary (USD)
The average salary for a Senior Credit Analyst is $68,243
What is the Pay by Experience Level for Senior Credit Analysts?
An early career Senior Credit Analyst with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $65,290 based on 221 salaries. A mid-career Senior Credit Analyst with 5-9 years of experience earns an average total compensation of $67,996 based on 285 salaries. An experienced …Read more
What Do Senior Credit Analysts Do?
Senior credit analysts are responsible for assessing credit requests and producing a recommendation based on a variety of factors; this involves a careful analysis of a client’s financial information, including income statements, tax forms, cash flow history, and current debt. Using this information and best practices and methods, senior credit analysts assign credit requests a rating based on their assessment of the probability of default by the client. Using this information along with the …Read more
- Provide analysis of customer financial statements.
- Ensure all data entry is accurate and complete.
- Perform underwriting of loan requests and annual reviews.
- Assess and authorize credit limits, and monitor credit risk.