The average salary for a Mid-Career Senior Credit Analyst in Chicago, Illinois is $69,494.
Is Senior Credit Analyst your job title? Get a personalized salary report!
$47k - $87k
$0 - $1k
$46k - $91k
Your Market Worth Over Time
How has your pay changed over time for your market? Find out by taking our salary quiz.
Job Description for Senior Credit Analyst
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 pr…Read more
Senior Credit Analyst Tasks
- 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.
Explore the most common career paths for Senior Credit Analyst. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Senior Credit Analyst
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Senior Credit Analyst Job Listings
Popular Skills for Senior Credit Analyst
Pay by Experience Level for Senior Credit Analyst
An early career Senior Credit Analyst with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $63,057 based on 12 salaries. An experienced Senior Credit Analyst with 10-19 years of experience earns an average total compensation of $77,112 based on 17 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Senior Credit Analyst in their job title in Los Angeles, California earn an average of 33.3% more than the national average. These job titles also find higher than average salaries in New York, New York (29.5% more) and Baltimore, Maryland (7.9% more). The lowest salaries can be found in Dallas, Texas (11.9% less) and Seattle, Washington (1.0% less).
Years of Experience
This data is based on 29 survey responses.
Related Job Salaries
$28k - $55k
$32k - $67k
$45k - $80k
$42k - $83k
$62k - $100k
$39k - $70k
$39k - $62k
$53k - $98k
$37k - $77k
$48k - $111k