Position
Salary

How much does a Credit Analyst make?

The average salary for a Credit Analyst is $80,403 per year in the US.

If you are interested in becoming a Credit Analyst, it is important to understand how much you might earn. Credit Analysts look at data to decide if someone can borrow money. They check financial information to assess the risk involved in lending money. The average yearly salary for a Credit Analyst is around $80,403. This means that most Credit Analysts earn somewhere in this range each year.


The salary for a Credit Analyst can vary based on several factors. Here are some common salary ranges:

  • The lowest 10% earn about $40,000 a year.
  • The middle 50% earn between $51,914 and $123,395 a year.
  • The highest 10% earn over $135,309 a year.
Experience, education, and location can affect earnings. More experienced analysts and those in larger cities usually earn more.

View Credit Analyst jobs nearby

What are the highest paying cities for a Credit Analyst?

Credit analysts in San Antonio, TX, can expect a top average salary of $128,766. Job seekers aiming for higher pay will find Washington, DC, and Portland, OR, close behind with competitive salaries. Other cities like Baltimore, MD, and San Francisco, CA, also offer strong compensation packages for this profession.
Graph displaying highest paying cities salaries for Credit Analyst jobs, highlighting San Antonio, TX with the highest at $128,766 and Milwaukee, WI with the lowest at $100,958.
  1. San Antonio, TX
    Average Salary: $128,766
    In San Antonio, financial analysts assess credit risks and manage lending portfolios for major banks and financial firms. The city’s diverse economy offers many opportunities for growth and career advancement.
    Find Credit Analyst jobs in San Antonio, TX


  2. Washington, DC
    Average Salary: $113,678
    Washington, DC, offers analysts a chance to work with government agencies and large financial institutions. The city's prominent finance sector provides a dynamic environment for those in credit analysis.
    Find Credit Analyst jobs in Washington, DC


  3. Portland, OR
    Average Salary: $110,369
    Portland's growing tech scene and established finance sector create a unique landscape for credit analysts. Companies here value strong analytical skills and a keen eye for detail.
    Find Credit Analyst jobs in Portland, OR


  4. Baltimore, MD
    Average Salary: $109,012
    Baltimore provides a mix of job opportunities in finance and healthcare. Analysts here benefit from a supportive community and a variety of firms seeking skilled professionals.
    Find Credit Analyst jobs in Baltimore, MD


  5. San Francisco, CA
    Average Salary: $108,883
    San Francisco is home to many tech giants and financial institutions. Credit analysts here work in a fast-paced environment, dealing with complex financial products and services.
    Find Credit Analyst jobs in San Francisco, CA


  6. Boston, MA
    Average Salary: $108,703
    In Boston, financial analysts enjoy a rich history of finance and education. The city's prestigious institutions offer numerous career paths and opportunities for professional development.
    Find Credit Analyst jobs in Boston, MA


  7. Minneapolis, MN
    Average Salary: $107,946
    Minneapolis offers a strong finance sector with prominent banks and financial services firms. The city's stable economy provides a solid foundation for credit analysts to build their careers.
    Find Credit Analyst jobs in Minneapolis, MN


  8. Knoxville, TN
    Average Salary: $105,500
    Knoxville's smaller size offers a close-knit community for professionals. Analysts here work with both local businesses and national firms, benefiting from a supportive work environment.
    Find Credit Analyst jobs in Knoxville, TN


  9. Charlotte, NC
    Average Salary: $103,450
    Charlotte is known for its banking industry and offers many opportunities for credit analysts. The city's financial hub provides a vibrant setting for career growth and stability.
    Find Credit Analyst jobs in Charlotte, NC


  10. Milwaukee, WI
    Average Salary: $100,958
    Milwaukee offers a mix of large corporations and local businesses. Analysts here enjoy a strong work ethic and a community that values financial expertise and reliability.
    Find Credit Analyst jobs in Milwaukee, WI

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

Credit analysts can find top-tier opportunities with companies like Intuit, USAA, and Huntington Bank, which offer competitive salaries. Intuit, known for its financial software, provides an average salary of around $193,803 for credit analysts. USAA and Huntington Bank also offer attractive compensation packages, averaging $147,660 and $140,169, respectively. These firms provide stability and a chance to grow in a demanding field.
Graph displaying best paying company salaries for Credit Analyst jobs, highlighting Intuit with the highest at $193,803 and FCS Financial with the lowest at $99,705.
  1. Intuit
    Average Salary: $193,803
    Intuit offers top pay for Credit Analysts. Working in the financial technology sector, Intuit is known for its innovative approach to finance. With offices across the United States, Credit Analysts at Intuit play a key role in assessing and managing financial risks. Locations include Mountain View, California, and Tempe, Arizona.


  2. USAA
    Average Salary: $147,660
    USAA provides a competitive salary for Credit Analysts. As a leading provider of financial services to the military and their families, USAA values expertise in credit risk assessment. Credit Analysts can find opportunities in San Antonio, Texas, and other key locations across the U.S.


  3. Huntington Bank
    Average Salary: $140,169
    Huntington Bank offers attractive compensation for Credit Analysts. This community-focused bank has a strong reputation for financial stability. Credit Analysts work in various locations, including Columbus, Ohio, and Buffalo, New York, ensuring credit risk management across the region.


  4. Wells Fargo
    Average Salary: $137,324
    Wells Fargo provides a generous salary for Credit Analysts. Known for its extensive network and diverse financial services, Wells Fargo offers numerous opportunities for professionals. Credit Analysts work in major cities like San Francisco, California, and Charlotte, North Carolina.


  5. Fitch Ratings
    Average Salary: $123,333
    Fitch Ratings offers a solid pay package for Credit Analysts. This global credit rating agency values expertise in credit risk analysis. Credit Analysts can find roles in major financial hubs such as New York City, New York, and London, UK.


  6. Liberty Mutual Insurance
    Average Salary: $119,731
    Liberty Mutual Insurance provides a competitive salary for Credit Analysts. As a leading insurance company, Liberty Mutual focuses on financial security and risk management. Credit Analysts work in locations like Boston, Massachusetts, and Toronto, Canada.


  7. Morgan Stanley
    Average Salary: $112,045
    Morgan Stanley offers a strong salary for Credit Analysts. This investment bank has a reputation for financial innovation and stability. Credit Analysts can find opportunities in New York City, New York, and Hong Kong, China.


  8. U.S. Bank
    Average Salary: $110,901
    U.S. Bank provides a competitive salary for Credit Analysts. With a strong presence across the United States, U.S. Bank values expertise in credit risk management. Credit Analysts work in locations such as Minneapolis, Minnesota, and Phoenix, Arizona.


  9. Citi
    Average Salary: $108,969
    Citi offers a respectable salary for Credit Analysts. As a global bank, Citi emphasizes financial stability and risk management. Credit Analysts work in key locations like New York City, New York, and London, UK.


  10. FCS Financial
    Average Salary: $99,705
    FCS Financial provides a solid salary for Credit Analysts. This company focuses on financial services for a wide range of clients. Credit Analysts work in locations such as Boston, Massachusetts, and Chicago, Illinois.

How to earn more as a Credit Analyst?

Becoming a Credit Analyst can be a rewarding career, but to maximize your earnings, consider these key strategies:

First, gaining experience is essential. The more you know about credit analysis, the higher your earning potential. Analysts with several years of experience often earn more due to their expertise. Keep learning and stay updated with industry trends. Certifications can also boost your credibility and salary. Second, expanding your skill set can lead to higher pay. Specializing in areas like risk assessment or financial modeling can make you more valuable. Third, taking on leadership roles or managing larger teams can increase your salary. Being responsible for a team or project can demonstrate your ability to handle more complex tasks. Fourth, networking plays a crucial role. Building connections in the industry can open up higher-paying opportunities. Attend industry events and join professional groups to meet potential employers. Lastly, consider working for larger or more financially stable companies. These organizations often offer higher salaries and better benefits.

To see a significant increase in your earnings, focus on these factors:

  1. Gain experience and stay updated with industry trends.
  2. Specialize in areas like risk assessment or financial modeling.
  3. Take on leadership roles or manage larger teams.
  4. Network and build connections in the industry.
  5. Work for larger or more financially stable companies.

Currently 452 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
452 Job Openings