How much does a Credit Analyst make in Chicago, IL?
A Credit Analyst in Chicago, IL, can expect to earn a strong income. The average yearly salary for this role stands at about $104,002. This salary provides a good financial foundation for those who work in this profession.
The salary range for Credit Analysts in Chicago can vary based on experience and other factors. Here’s a look at how different levels of experience can impact earnings:
- Junior Credit Analysts may earn around $62,500.
- Analysts with a few years of experience can expect to make about $75,000.
- Mid-level Credit Analysts can earn up to $87,500.
- Experienced professionals may see salaries up to $100,000.
- Top earners in this field can make over $200,000 annually.
What are the highest paying cities for a Credit Analyst near Chicago, IL?

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Naperville, IL
Average Salary: $80,345
In Naperville, professionals assess credit risks for businesses and individuals. Many work for financial institutions like Citibank and Discover Financial Services. The role involves analyzing financial data to make lending decisions.
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Aurora, IL
Average Salary: $78,832
Aurora offers credit evaluation jobs with companies such as JPMorgan Chase and Bank of America. Analysts here look at credit applications and financial statements to determine the creditworthiness of applicants.
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Schaumburg, IL
Average Salary: $77,748
Schaumburg has credit analyst roles at firms like Allstate and Commonwealth Edison. These positions involve reviewing credit reports and assessing the risk of extending credit to customers.
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Orland Park, IL
Average Salary: $57,500
Orland Park provides opportunities to analyze credit at companies like BMO Harris Bank. Credit analysts here focus on examining credit applications and financial histories to make lending recommendations.
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Waukegan, IL
Average Salary: $55,000
In Waukegan, credit analysts work at companies such as Chase and Northwestern Mutual. They review credit data and assess the likelihood of clients repaying loans to help companies manage risk.
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What are the best paying companies for a Credit Analyst in Chicago, IL?

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Fitch Ratings
Average Salary: $134,681
Fitch Ratings offers exciting opportunities for Credit Analysts in Chicago, IL. Working with Fitch, you will evaluate credit risks and help businesses and governments make smart financial choices. Fitch Ratings operates worldwide, providing reliable credit ratings and insightful analysis.
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Huntington National Bank
Average Salary: $125,515
Huntington National Bank is a great place for Credit Analysts in Chicago, IL. Here, you will analyze credit data to help make lending decisions. With Huntington, you will work in a team that values growth and development. The bank operates across the Midwest, including Indiana and Ohio.
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Alliant Credit Union
Average Salary: $114,760
Alliant Credit Union offers rewarding positions for Credit Analysts in Chicago, IL. You will assess credit risks and help manage loan portfolios. Alliant Credit Union operates across the United States and provides financial services to its members. It values teamwork and community involvement.
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U.S. Bank
Average Salary: $109,433
U.S. Bank offers competitive salaries for Credit Analysts in Chicago, IL. You will work on evaluating credit applications and monitoring credit risk. U.S. Bank operates in 26 states and provides a wide range of financial services. It is known for its commitment to customer service and innovation.
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SYNCHRONY FINANCIAL EMPLOYEES HEALTH SERVICES
Average Salary: $108,500
SYNCHRONY FINANCIAL EMPLOYEES HEALTH SERVICES provides excellent opportunities for Credit Analysts in Chicago, IL. You will assess credit risks and help manage financial portfolios. The company operates across the United States, providing health and financial services to its members.
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JPMorganChase
Average Salary: $103,700
JPMorganChase offers a dynamic environment for Credit Analysts in Chicago, IL. You will analyze credit data and help businesses manage their finances. With JPMorganChase, you will work in a team that values innovation and growth. The bank operates globally, providing a wide range of financial services.
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Bank of America
Average Salary: $90,833
Bank of America provides promising opportunities for Credit Analysts in Chicago, IL. You will evaluate credit risks and help clients manage their finances. Bank of America operates in over 35 countries and provides a variety of financial services. It values diversity and inclusion in its workforce.
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Fifth Third Bank
Average Salary: $89,306
Fifth Third Bank offers competitive positions for Credit Analysts in Chicago, IL. You will assess credit risks and help manage loan portfolios. The bank operates in several states and provides a range of financial services. Fifth Third Bank values community involvement and customer service.
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Western Alliance Bank
Average Salary: $78,653
Western Alliance Bank offers rewarding opportunities for Credit Analysts in Chicago, IL. You will evaluate credit risks and help manage the bank’s financial health. The bank operates in several states and values teamwork and innovation. It provides a range of financial services to its clients.
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BMO U.S.
Average Salary: $76,700
BMO U.S. offers promising positions for Credit Analysts in Chicago, IL. You will assess credit risks and help manage loan portfolios. BMO U.S. operates across the United States and provides a range of financial services. The company values innovation and customer service.
What are the best paying Credit Analyst related jobs in Chicago, IL?

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Credit Manager
Average Salary: $147,488
These professionals oversee credit policies and procedures. They work with teams to make decisions on extending credit. At banks like JPMorgan Chase and financial firms like Goldman Sachs, they ensure loans meet credit standards.
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Portfolio Manager
Average Salary: $145,544
They manage investment portfolios for clients. Tasks include analyzing market trends and adjusting portfolios. Companies such as Fidelity Investments and Northern Trust in Chicago employ them to handle client accounts and ensure investment growth.
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Underwriter
Average Salary: $119,450
Underwriters evaluate risks for insurance or loans. They review applications and make recommendations. At Allstate and American Family Insurance, they assess the risk of insuring clients or approving loans.
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Business Intelligence Analyst
Average Salary: $106,105
These analysts gather and interpret data to help businesses make decisions. They work with data from various sources and create reports. Companies like Accenture and IBM use their insights to guide business strategies.
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Risk Analyst
Average Salary: $101,612
Risk analysts identify and evaluate potential risks for a company. They assess financial risks and develop strategies to mitigate them. At firms like Moody's and Standard & Poor's, they ensure clients make informed decisions.
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Business Analyst
Average Salary: $100,409
Business analysts study an organization's processes to find areas for improvement. They work closely with management and IT teams. Companies such as Deloitte and PricewaterhouseCoopers rely on their expertise to optimize operations.
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Compliance Analyst
Average Salary: $98,015
These analysts ensure that companies follow laws and regulations. They review policies and procedures to maintain compliance. Banks like Bank of America and investment firms like Morgan Stanley employ them to avoid legal issues.
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Data Analyst
Average Salary: $90,854
Data analysts collect and analyze data to help companies make decisions. They use software to interpret data and present findings. At tech companies like Google and startups in Chicago, they help guide business strategies.
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Credit Representative
Average Salary: $58,917
They handle customer inquiries regarding credit terms and accounts. Duties include explaining credit policies and resolving disputes. At financial institutions like Citibank and Wells Fargo, they provide excellent customer service.
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Collections Specialist
Average Salary: $50,863
Collections specialists recover overdue payments from clients. They communicate with clients to settle accounts. Companies such as Chase and Discover Financial Services employ them to maintain cash flow.
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