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How much does a Credit Analyst make?

The average salary for a Credit Analyst is $79,916 per year in the US.

Credit Analysts play a key role in the financial industry. They evaluate the creditworthiness of individuals or businesses. The average yearly salary for a Credit Analyst is about $79,916. This means they earn a solid income that can support their lifestyle and career goals.

The salary for a Credit Analyst can vary based on several factors. These factors include experience, education, and location. Here are some specific salary points:

  • About 10% earn less than $38,000 a year.
  • About 17% earn between $38,000 and $50,000 a year.
  • The top 10% earn over $146,000 a year.

View Credit Analyst jobs nearby

What are the highest paying cities for a Credit Analyst?

Job seekers looking for Credit Analyst roles should consider cities like Omaha, NE, and Fargo, ND. In Omaha, the average salary reaches about $1,593,490, making it one of the highest-paying locations. Fargo also offers competitive pay at around $487,192, appealing to those seeking top compensation. Exploring other options, cities such as San Antonio, TX, and Stamford, CT, provide solid salary packages, although they do not match Omaha's top earnings. San Antonio offers around $131,377, while Stamford provides about $122,059. These locations can still be attractive for those seeking better-than-average wages.
Graph displaying highest paying cities salaries for Credit Analyst jobs, highlighting Omaha, NE with the highest at $1,593,490 and Boston, MA with the lowest at $102,631.
  1. Omaha, NE
    Average Salary: $1,593,490
    Omaha offers a vibrant mix of finance and insurance firms. Professionals here value stability and strong community ties. You can work for major banks like Mutual of Omaha.
    Find Credit Analyst jobs in Omaha, NE


  2. Fargo, ND
    Average Salary: $487,192
    Fargo provides a friendly work environment with opportunities in finance. Companies like Bank of North Dakota offer great benefits. The cost of living is low, making it attractive for many.
    Find Credit Analyst jobs in Fargo, ND


  3. San Antonio, TX
    Average Salary: $131,377
    San Antonio has a growing economy with many financial institutions. Companies like Frost Bank and USAA provide solid career paths. The city offers a blend of urban and small-town charm.
    Find Credit Analyst jobs in San Antonio, TX


  4. Stamford, CT
    Average Salary: $122,059
    Stamford boasts a strong financial sector. Nearby Wall Street influence means high standards. Companies like Citi and UBS look for skilled analysts. The city provides a high quality of life.
    Find Credit Analyst jobs in Stamford, CT


  5. Baltimore, MD
    Average Salary: $117,625
    Baltimore has a mix of urban and suburban living. The city's port supports many finance firms. Companies like T. Rowe Price offer good opportunities. The cost of living is moderate.
    Find Credit Analyst jobs in Baltimore, MD


  6. Washington, DC
    Average Salary: $116,431
    Washington, DC is a hub for financial analysis. Many government and private sector firms are located here. Companies like Capital One and JPMorgan Chase offer dynamic work environments. The city offers a rich cultural experience.
    Find Credit Analyst jobs in Washington, DC


  7. Knoxville, TN
    Average Salary: $108,061
    Knoxville offers a lower cost of living with a strong community. The city has growing financial sectors. Local banks like First Horizon National provide opportunities. The area is known for its natural beauty and outdoor activities.
    Find Credit Analyst jobs in Knoxville, TN


  8. Chicago, IL
    Average Salary: $105,183
    Chicago is a financial powerhouse with many major banks. Companies like Goldman Sachs and Bank of America offer exciting roles. The city's diverse culture and entertainment options make it a great place to work.
    Find Credit Analyst jobs in Chicago, IL


  9. San Francisco, CA
    Average Salary: $103,111
    San Francisco has a fast-paced financial industry. The city attracts tech and finance firms alike. Companies like Wells Fargo and Charles Schwab offer innovative opportunities. The city's tech-driven culture is vibrant and dynamic.
    Find Credit Analyst jobs in San Francisco, CA


  10. Boston, MA
    Average Salary: $102,631
    Boston is a historic city with a strong financial sector. Many top firms like State Street and Fidelity Investments are based here. The city offers a blend of academic and corporate opportunities. The cost of living is high, but the benefits are great.
    Find Credit Analyst jobs in Boston, MA

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

Job seekers looking for top-paying roles as Credit Analysts can find attractive opportunities at Intuit, USAA, and Fitch Ratings. Intuit offers an average salary of $195,026, while USAA provides $156,748 and Fitch Ratings offers $149,996. These companies are well-regarded in the financial sector and offer competitive benefits. JPMorgan Chase, Morgan Stanley, and Sumitomo Mitsui Trust Bank Limited New York Branch also provide solid compensation. JPMorgan Chase averages $128,408, Morgan Stanley offers $124,079, and Sumitomo Mitsui Trust Bank Limited New York Branch pays $121,364. A career at any of these firms can offer a stable and lucrative path in the credit analysis field.
Graph displaying best paying company salaries for Credit Analyst jobs, highlighting Intuit with the highest at $195,026 and U.S. Bank with the lowest at $102,139.
  1. Intuit
    Average Salary: $195,026
    Intuit offers Credit Analyst jobs with a focus on financial software. The company operates in the United States, Canada, and other global markets. They offer excellent career growth and innovative work environments.


  2. USAA
    Average Salary: $156,748
    At USAA, Credit Analysts work with a range of financial services tailored for the military and their families. USAA has locations across the United States, providing a dynamic work environment and strong employee benefits.


  3. Fitch Ratings
    Average Salary: $149,996
    Fitch Ratings offers roles where Credit Analysts assess creditworthiness for companies and government entities. The company operates globally, with key locations in New York, London, and Hong Kong.


  4. JPMorgan Chase
    Average Salary: $128,408
    JPMorgan Chase provides Credit Analysts with diverse opportunities across its global operations. The bank operates in over 100 countries, offering a robust career path and extensive professional development.


  5. Morgan Stanley
    Average Salary: $124,079
    Morgan Stanley offers Credit Analyst positions focused on investment banking and wealth management. They operate in major financial centers worldwide, including New York, London, and Hong Kong.


  6. Sumitomo Mitsui Trust Bank Limited New York Branch
    Average Salary: $121,364
    This branch of Sumitomo Mitsui Trust Bank offers Credit Analyst roles with a focus on corporate banking and financial services. They serve clients in the United States and beyond.


  7. Liberty Mutual Insurance
    Average Salary: $119,731
    Liberty Mutual Insurance provides Credit Analysts with opportunities in underwriting and risk management. They have offices across the United States and other countries, offering a stable and supportive work environment.


  8. SYNCHRONY FINANCIAL EMPLOYEES HEALTH SERVICES
    Average Salary: $112,250
    SYNCHRONY offers Credit Analyst roles that focus on the financial health of employees. They operate nationwide, providing comprehensive health benefits and a family-friendly culture.


  9. Citi
    Average Salary: $104,730
    Citi provides Credit Analysts with chances to work in various financial sectors. The company has a global presence with key locations in New York, London, and Hong Kong.


  10. U.S. Bank
    Average Salary: $102,139
    U.S. Bank offers Credit Analyst jobs focusing on consumer and commercial banking. The bank operates in multiple states across the United States, providing a stable and progressive work environment.

How to earn more as a Credit Analyst?

Becoming a Credit Analyst can be a rewarding career path. To earn more in this field, consider focusing on specific areas of development. Improving skills and experience often leads to higher salaries. Here are key factors that can boost earnings.

First, gaining relevant experience helps. More years in the industry allow analysts to take on more responsibility. This leads to higher pay. Second, obtaining industry certifications can make an analyst more valuable. Certifications show dedication and expertise. Third, specializing in high-demand areas like commercial lending or risk management can increase earning potential. Fourth, developing strong analytical skills can lead to better performance. Accurate credit assessments improve a company's bottom line. Finally, staying updated on industry trends ensures analysts remain competitive. Knowledge of new tools and techniques can make an analyst more effective.

By focusing on these areas, Credit Analysts can improve their earning potential. Higher salaries often come from increased knowledge and experience.

  • Gain more industry experience
  • Obtain relevant certifications
  • Specialize in high-demand areas
  • Develop strong analytical skills
  • Stay updated on industry trends

Currently 484 Credit Analyst job openings, nationwide.

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

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