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How much does a Commercial Credit Analyst make?

The average salary for a Commercial Credit Analyst is $101,373 per year in the US.

A Commercial Credit Analyst plays a vital role in assessing the creditworthiness of businesses. This professional looks at financial data, market trends, and company history to help lenders decide whether to extend credit. The average yearly salary for a Commercial Credit Analyst is about $101,373. This number can vary based on experience, location, and the specific industry.

Here are some salary details:

  • 10% earn $50,000 or less
  • 25% earn $64,866 or less
  • 50% earn $94,598 or less
  • 75% earn $124,330 or less
  • 90% earn $154,061 or less
This range shows that experienced analysts can earn more. People in larger cities or with specific skills may also earn higher salaries.

View Commercial Credit Analyst jobs nearby

What are the highest paying cities for a Commercial Credit Analyst?

Job seekers looking for Commercial Credit Analyst roles will find attractive opportunities in top-paying cities. Los Angeles, CA, leads with the highest average salary at $137,020. This is followed closely by Chicago, IL, with an average salary of $130,104. Charlotte, NC, Denver, CO, and Atlanta, GA, also offer competitive salaries for this position. Charlotte pays an average of $122,264, while Denver offers $97,872. Atlanta has an average salary of $96,782. These cities provide strong options for job seekers seeking higher pay in their careers.
Graph displaying highest paying cities salaries for Commercial Credit Analyst jobs, highlighting Los Angeles, CA with the highest at $137,020 and Atlanta, GA with the lowest at $96,782.
  1. Los Angeles, CA
    Average Salary: $137,020
    In Los Angeles, analysts assess business credit risks. They work for big companies like Bank of America and JPMorgan Chase. These analysts often travel to meet with clients.
    Find Commercial Credit Analyst jobs in Los Angeles, CA


  2. Chicago, IL
    Average Salary: $130,104
    Chicago is home to many financial firms. Here, analysts evaluate creditworthiness for companies. They often work with giants like Goldman Sachs and American Express. Their job involves lots of data analysis.
    Find Commercial Credit Analyst jobs in Chicago, IL


  3. Charlotte, NC
    Average Salary: $122,264
    Charlotte is a key financial hub. Analysts here review credit applications for various companies. They often work with firms like Wells Fargo and Bank of America. The job can be demanding but rewarding.
    Find Commercial Credit Analyst jobs in Charlotte, NC


  4. Denver, CO
    Average Salary: $97,872
    In Denver, analysts play a key role in business lending. They assess risks for companies in a growing market. They work with lenders like U.S. Bank and Capital One. The city offers a vibrant job environment.
    Find Commercial Credit Analyst jobs in Denver, CO


  5. Atlanta, GA
    Average Salary: $96,782
    Atlanta is known for its strong business sector. Here, analysts focus on credit assessments for local and national companies. They often work with firms such as SunTrust Bank and GE Capital. The city's diverse economy offers many opportunities.
    Find Commercial Credit Analyst jobs in Atlanta, GA

What are the best companies a Commercial Credit Analyst can work for?

U.S. Bank offers the highest average salary for Commercial Credit Analysts, followed closely by Bank of America. Both companies provide strong financial backing and opportunities for growth. Citi and Huntington Bank also pay well, making them competitive choices for those in the field.
Graph displaying best paying company salaries for Commercial Credit Analyst jobs, highlighting U.S. Bank with the highest at $160,730 and The Provident Bank of New Jersey with the lowest at $78,150.
  1. U.S. Bank
    Average Salary: $160,730
    U.S. Bank offers rewarding opportunities for Commercial Credit Analysts. These professionals evaluate businesses' credit risks and ability to repay loans. U.S. Bank operates in 26 states, providing a range of financial services.


  2. Bank of America
    Average Salary: $148,167
    At Bank of America, Commercial Credit Analysts assess and manage the credit risk of commercial clients. This role is crucial for ensuring the bank's financial health. The company serves clients in all 50 states and multiple countries.


  3. Citi
    Average Salary: $147,894
    Citi provides exciting opportunities for Commercial Credit Analysts. These analysts work to determine credit risk and ensure financial stability for clients. Citi operates in 16 countries with a strong global presence.


  4. Huntington Bank
    Average Salary: $136,545
    Huntington Bank values Commercial Credit Analysts for their role in evaluating credit risks. These professionals play a key part in lending decisions. The bank operates in the Midwest and East Coast of the U.S.


  5. M&T Bank
    Average Salary: $133,879
    M&T Bank offers competitive salaries for Commercial Credit Analysts. These analysts assess the financial health of businesses to support lending decisions. The bank serves clients in the Northeast and Mid-Atlantic regions.


  6. Altius Search Group
    Average Salary: $115,972
    Altius Search Group provides Commercial Credit Analysts with specialized roles in credit risk management. These professionals focus on assessing commercial credit risks to support financial strategies. The company operates nationwide.


  7. The Provident Bank of New Jersey
    Average Salary: $78,150
    The Provident Bank of New Jersey offers roles for Commercial Credit Analysts that emphasize risk assessment. These analysts help determine the creditworthiness of businesses in the region. The bank operates in New Jersey.

How to earn more as a Commercial Credit Analyst?

A Commercial Credit Analyst can boost earnings through various avenues, each requiring a mix of skill, strategy, and continuous learning. One key factor is gaining relevant experience. Experience helps analysts understand market trends, improve risk assessment skills, and build a robust network in the industry. Another factor is acquiring certifications. Certifications such as the Certified Credit Expert (CCE) enhance credibility and knowledge, often leading to higher salary offers.

Specializing in a niche within commercial credit analysis can also lead to higher earnings. Focusing on sectors such as real estate, manufacturing, or technology allows analysts to become experts, command higher salaries, and attract better job opportunities. Continuing education plays a vital role as well. Staying updated with the latest industry trends, financial regulations, and credit analysis tools ensures analysts remain competitive and valuable. Networking within the industry can open doors to high-paying job opportunities and career advancements. Building and maintaining relationships with peers, mentors, and industry leaders can lead to new job prospects and salary increases.

Here are five factors to consider for earning more as a Commercial Credit Analyst:

  • Gain Experience: Increase expertise and understanding of market trends.
  • Get Certified: Obtain certifications to enhance credibility and knowledge.
  • Specialize in a Niche: Focus on specific sectors to become an expert.
  • Continue Education: Stay updated with industry trends and tools.
  • Network: Build relationships with industry professionals for new opportunities.

Currently 102 Commercial Credit Analyst job openings, nationwide.

How's the job market for a Commercial Credit Analyst in the US?

Learn what a Commercial Credit Analyst does, how to become one, and understand the job outlook. Get simple steps to start your career as a Commercial Credit Analyst today.
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Commercial Credit Analyst
102 Job Openings