R297,190
Avg. Salary
R99.00
Avg. Hourly Rate

Average additional compensation:

R20,127

Bonus

R2,250

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Credit Analyst is R99.00 per hour.

The average pay for a Credit Analyst is R297,190 per year.

10%
R42.00
10%
R99.00
50%
R167.50
90%
90%
MEDIAN R99.00
10%
R181k
10%
R297k
50%
R487k
90%
90%
MEDIAN R297,190
R180,553 - R487,111
R180K
R300K
R490K
MEDIAN: R297,190
10%
50%
90%
R42.00 - R167
R99
MEDIAN: R99.00
50%
R0R520K
Salary R180,553 - R487,111
Bonus R6,904 - R55,752
Profit Sharing R0.00 - R38,169
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).
)
R182,107 - R520,550
  • Country: South Africa
  • Currency: ZAR
  • Updated: 22 Aug 2019
  • Individuals Reporting: 285
Hourly Data R0R167
Hourly Rate R99.00
Overtime R50.50
Annual Data R0R520K
Bonus R6,904 - R55,752
Profit Sharing R0.00 - R38,169
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).
)
R182,107 - R520,550
  • Country: United States
  • Currency: ZAR
  • Updated: 22 Aug 2019
  • Individuals Reporting: 5

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 2019 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.

Common Career Paths for Credit Analyst


Add this chart to your site:   640px 640px    300px 300px

Credit Analyst Job Listings

Pay Difference by Location

9%

-1%

-35%

National Average: R305,672

Larger city markers indicate a job is popular in that location.

Credit Analyst Reviews

Q: What is it like working as a Credit Analyst?

Credit Analyst in Johannesburg:
"Best employer."
Pros: The flexibility within the organization and Agile working hours are great. Great people atmosphere.
Cons: My specific role can be very demanding which requires overtime hours especially over month end.

Credit Analyst in Rustenburg:
"Okay."
Pros: Making a difference in the success of the business
Cons: Being made feel like my contribution does not matter

Credit Analyst in Johannesburg:
"It could be better."
Pros: I love the work of a credit analyst
Cons: Gender and racial inequalities

Credit Analyst in Johannesburg:
"Fast pace."
Pros: Accessibility of the workplaces
Cons: Traffic

Credit Analyst in Pretoria:
"Work Environment culture."
Pros: Some of the people I work with are friendly, especially the back office people. The credit team help each other out, there is that working together as a team approach.
Cons: Pretoria still has that bad element of some people who still think that we are still living in an apartheid era. The working environment can be hostile at times as other people still think that they can control your mind and how you need to get your job done. I worked in Johannesburg for 4 years and every person was an individual there and was allowed to be without the interference of another person who think that they are superior than you are.

Credit Analyst in Johannesburg:
"Credit vetting."
Pros: I love the fact that im able to protect the company against fraud and I. Also enjoy the fact that my job is challenging and I enjoy being challenged.
Cons: Theres nothing that I dont like about my job.

Credit Analyst in Johannesburg:
"Work flexibilty."
Pros: Work flexibilty times.
Cons: Pay.

Related Job Salaries

Key Stats for Credit Analyst

Gender

Female
53 %
Male
47 %
Less than 1 year
5%
1-4 years
56%
5-9 years
22%
10-19 years
14%
20 years or more
2%

Experience Affects Credit Analyst Salaries

▲10%

▲5%

National Average
R306,000

▼8%

Skills That Affect Credit Analyst Salaries

SAS
▲18%



National Average
R306,000

Financial Analysis
▼1%


Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
5%
1-4 years
56%
5-9 years
22%
10-19 years
14%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 56%
dental benefits
Dental: 14%
vision benefits
Vision: 10%
no benefits
None: 44%