How much does a Credit Analyst make in Philadelphia, PA?
Becoming a Credit Analyst in Philadelphia, PA, can be a rewarding career choice. These professionals assess the credit risk of individuals and companies. They look at financial records and other information to decide if someone or a business should receive credit. In Philadelphia, the average yearly salary for a Credit Analyst is around $92,643. This figure can vary based on experience and other factors.
Credit Analysts can expect to earn different amounts depending on their level of experience. Here is a breakdown of potential earnings:
- The lowest-earning 10% make about $46,000 per year.
- The next 10% earn between $46,000 and $53,403 per year.
- The bottom 25% earn between $53,403 and $68,209 per year.
- The median salary is $75,612 per year, meaning half of Credit Analysts earn more and half earn less.
- The top 25% earn between $75,612 and $112,627 per year.
- The top 10% earn between $112,627 and $127,432 per year.
What are the highest paying cities for a Credit Analyst near Philadelphia, PA?

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Wilmington, DE
Average Salary: $125,090
In Wilmington, professionals assess credit risk for businesses and individuals. Many work for major financial institutions in a dynamic market. Companies like Bank of America and JPMorgan Chase offer growth opportunities.
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New York, NY
Average Salary: $120,181
New York offers a fast-paced environment for credit professionals. They evaluate credit applications and manage risk for firms. Major banks like Goldman Sachs and Citigroup provide diverse projects and career advancement.
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Baltimore, MD
Average Salary: $117,625
Baltimore provides a balance of urban life and a tight-knit community. Here, credit analysts work for local banks and healthcare firms. Key employers include Johns Hopkins Medicine and Wells Fargo.
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Washington, DC
Average Salary: $116,431
Washington, DC, brings political and economic insights to credit analysis. Professionals here work with government agencies and financial institutions. Companies like Capital One and Fannie Mae offer impactful roles.
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Mount Laurel, NJ
Average Salary: $77,896
Mount Laurel offers a suburban setting with many financial services firms. Credit analysts work with regional banks and credit unions. Key employers include TD Bank and Commerce Bank.
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Trenton, NJ
Average Salary: $70,979
Trenton features a mix of corporate and government opportunities. Professionals work for major banks and state agencies. Key employers include Capital One and the State of New Jersey.
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Pittsburgh, PA
Average Salary: $63,391
Pittsburgh combines industrial and financial sectors. Credit analysts here work for local banks and manufacturing firms. Key employers include PNC Bank and U.S. Steel.
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What are the best paying companies for a Credit Analyst in Philadelphia, PA?

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U.S. Bank
Average Salary: $111,600
U.S. Bank offers competitive salaries for Credit Analysts. They are currently hiring in various locations, including their Philadelphia offices. U.S. Bank emphasizes teamwork and professional development.
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M&T Bank
Average Salary: $89,980
M&T Bank provides a solid pay package for Credit Analysts in Philadelphia. They are looking to expand their team in this area. M&T Bank values strong analytical skills and a commitment to client service.
What are the best paying Credit Analyst related jobs in Philadelphia, PA?

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Credit Manager
Average Salary: $134,092
This role involves overseeing credit operations for a business. You help develop credit policies and make decisions that support growth. Companies like Ameriprise Financial offer this opportunity.
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Portfolio Manager
Average Salary: $129,409
Manage various financial assets and investments. Help clients meet their financial goals. Firms such as Vanguard offer these positions. They focus on creating diverse investment strategies.
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Underwriter
Average Salary: $122,316
Assess risks for loans and insurance. Determine if applicants meet company standards. Local banks, including TD Bank, need underwriters to manage risk effectively.
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Credit Representative
Average Salary: $111,271
Interact with clients to understand their financial situations. Provide credit recommendations and support. This job helps clients manage their financial needs. Companies like Capital One have these roles.
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Business Analyst
Average Salary: $96,719
Analyze business operations to improve efficiency. Work with data to provide insights. Organizations like Accenture value this role for strategic improvements.
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Risk Analyst
Average Salary: $93,555
Identify and assess risks in financial operations. Develop strategies to mitigate these risks. Financial institutions like Wells Fargo look for skilled risk analysts.
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Business Intelligence Analyst
Average Salary: $92,621
Interpret data to guide business decisions. Use analytical tools to support the company. Firms such as Microsoft offer these positions for data-driven insights.
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Data Analyst
Average Salary: $85,791
Gather and analyze data to support business needs. Create reports and visualizations. Local companies like Aramark utilize data analysts for decision-making.
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Compliance Analyst
Average Salary: $75,905
Ensure that the company follows laws and regulations. Conduct audits and monitor compliance. Banks and financial firms often hire compliance analysts.
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Collections Specialist
Average Salary: $43,467
Handle accounts receivable and overdue payments. Communicate with clients to resolve issues. Local firms like JPMorgan Chase need professionals in this role.
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