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How much does a Commercial Credit Analyst make?

The average salary for a Commercial Credit Analyst is $101,516 per year in the US.

A Commercial Credit Analyst plays a key role in assessing the financial health of businesses. This job involves analyzing financial data to determine creditworthiness. The average yearly salary for a Commercial Credit Analyst is $101,516. This salary can vary based on experience, location, and the size of the company.

The salary range for Commercial Credit Analysts can be quite broad. At the lower end, some analysts earn around $50,000 per year. As experience grows, salaries can increase significantly. The top earners in this field can make over $200,000 annually. Factors like industry, company size, and geographic location also affect salary levels. For example, analysts in major financial hubs often earn more than those in smaller cities.

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

Commercial Credit Analysts can find top-paying jobs in several major cities. San Francisco, CA, leads with an average salary of $151,458. Los Angeles, CA, follows closely with an average salary of $137,020. Chicago, IL, offers a competitive average salary of $134,650. These cities provide excellent opportunities for those in the field. Charlotte, NC, Denver, CO, and Atlanta, GA, also offer strong salaries, ranging from $122,264 to $97,533. Job seekers should consider these locations for better financial prospects.
Graph displaying highest paying cities salaries for Commercial Credit Analyst jobs, highlighting San Francisco, CA with the highest at $151,458 and Atlanta, GA with the lowest at $97,533.
  1. San Francisco, CA
    Average Salary: $151,458
    In San Francisco, professionals assess credit risks for businesses. The tech industry thrives here, with companies like Salesforce and Uber needing credit evaluations. The job market is competitive, offering growth opportunities.
    Find Commercial Credit Analyst jobs in San Francisco, CA


  2. Los Angeles, CA
    Average Salary: $137,020
    Los Angeles offers a dynamic environment for credit analysts. With major firms like Amazon and Sony, the focus is on evaluating business creditworthiness. The city's diverse economy provides a rich field for analysis.
    Find Commercial Credit Analyst jobs in Los Angeles, CA


  3. Chicago, IL
    Average Salary: $134,650
    Chicago is a hub for financial services, making it ideal for credit analysts. Companies like Boeing and McDonald's rely on credit assessments. The city's strong business community offers many career advancement opportunities.
    Find Commercial Credit Analyst jobs in Chicago, IL


  4. Charlotte, NC
    Average Salary: $122,264
    Charlotte is known for its banking sector, a perfect fit for credit analysts. Major banks like Bank of America and Wells Fargo need credit evaluations. The city's financial focus makes it a great place for this career.
    Find Commercial Credit Analyst jobs in Charlotte, NC


  5. Denver, CO
    Average Salary: $100,603
    Denver offers a growing market for credit analysts. With companies like Chipotle and Denver International Airport, the demand for credit assessments is high. The city's expanding economy provides many job opportunities.
    Find Commercial Credit Analyst jobs in Denver, CO


  6. Atlanta, GA
    Average Salary: $97,533
    Atlanta is a key city for credit analysts, with companies like Coca-Cola and Delta Airlines. The city's strong business environment offers many opportunities for credit professionals. Atlanta's diverse economy is ideal for credit analysis.
    Find Commercial Credit Analyst jobs in Atlanta, GA

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

Commercial Credit Analysts can find top-paying opportunities at major financial institutions. U.S. Bank offers the highest average salary at $155,121. Bank of America and Citi follow closely, with average salaries around $146,300 and $145,600, respectively. These companies provide excellent career growth and benefits for those in this field.
Graph displaying best paying company salaries for Commercial Credit Analyst jobs, highlighting U.S. Bank with the highest at $155,121 and BMO US with the lowest at $77,916.
  1. U.S. Bank
    Average Salary: $155,121
    U.S. Bank offers Commercial Credit Analyst jobs with a focus on evaluating business credit risks. They operate in 26 states and have a strong presence in the Midwest and West Coast. Employees enjoy a comprehensive benefits package and opportunities for career growth.


  2. Bank of America
    Average Salary: $146,300
    Bank of America provides Commercial Credit Analyst positions with a focus on assessing credit risks for businesses. They have branches across the country, including major cities like New York, Los Angeles, and Chicago. The company offers a competitive salary and a variety of professional development programs.


  3. Citi
    Average Salary: $145,600
    Citi offers Commercial Credit Analyst jobs with a focus on analyzing business credit applications. They operate globally, with a strong presence in the United States, including cities like New York, San Francisco, and Miami. Citi provides a dynamic work environment and opportunities for advancement.


  4. M&T Bank
    Average Salary: $142,720
    M&T Bank provides Commercial Credit Analyst positions with a focus on evaluating business creditworthiness. They operate in the Northeast and Mid-Atlantic regions, including cities like Buffalo, New York, and Baltimore. The company offers a supportive work environment and a competitive salary.


  5. Wells Fargo
    Average Salary: $120,900
    Wells Fargo offers Commercial Credit Analyst jobs with a focus on assessing credit risks for businesses. They have a nationwide presence, with major offices in cities like San Francisco, Charlotte, and Phoenix. The company provides a comprehensive benefits package and opportunities for career growth.


  6. Altius Search Group
    Average Salary: $115,972
    Altius Search Group provides Commercial Credit Analyst positions with a focus on evaluating business credit risks. They operate in various locations across the United States, including New York, Los Angeles, and Chicago. The company offers a competitive salary and a supportive work environment.


  7. The Provident Bank of New Jersey
    Average Salary: $78,150
    The Provident Bank of New Jersey offers Commercial Credit Analyst jobs with a focus on assessing credit risks for businesses. They operate primarily in New Jersey, with branches in major cities like Newark and Jersey City. The company provides a family-friendly work environment and opportunities for career growth.


  8. BMO US
    Average Salary: $77,916
    BMO US provides Commercial Credit Analyst positions with a focus on evaluating business credit applications. They operate in various locations across the United States, including Chicago, New York, and Los Angeles. The company offers a competitive salary and a supportive work environment.

How to earn more as a Commercial Credit Analyst?

A Commercial Credit Analyst plays a crucial role in assessing the creditworthiness of businesses. This role involves evaluating financial data to determine the risk of lending money. To earn more in this field, consider these key factors:

  • Gain Experience: More experience often leads to higher pay. Start with entry-level positions and work your way up.
  • Get Certified: Certifications like the Certified Credit Expert (CCE) can boost your credentials and salary.
  • Specialize: Focus on a specific industry or type of business. Specialization can make you more valuable.
  • Improve Skills: Stay updated with the latest tools and techniques. Skills like data analysis and financial modeling are in demand.
  • Network: Connect with other professionals in the industry. Networking can lead to better job opportunities and salary increases.

By focusing on these areas, a Commercial Credit Analyst can enhance their career prospects and increase their earning potential. Building a strong foundation of experience, skills, and professional connections will pave the way for a successful and rewarding career.

Currently 171 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.
Position
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Commercial Credit Analyst
171 Job Openings