Credit Analyst — 1-3 Years' Experience

Credit Analyst — 1-3 Years' Experience Job Description

At this level, credit analysts must have Excel and financial-modeling skills, along with strong writing and verbal abilities and an understanding of financial statement review. Banks look for candidates who can work effectively with colleagues at all levels and have proven problem-solving skills. A bachelor’s degree in accounting or finance and at least a year of experience working in credit are required.

Typical credit analyst — 1-3 years' experience duties:

Assessing credit risk and establishing credit limitsContacting banks, credit-reporting firms, sales departments and other sources to obtain credit informationExamining and maintaining the credit history of customer companiesCompiling credit results and preparing reports for customers and bank loan committeeAssisting commercial lenders with loan structuresParticipating in major department projects and on cross-functional teams

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Salary for Credit Analyst — 1-3 Years' Experience
49750 - 78000
25th percentile
49750
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
60750
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
78000
Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Managing Director/Partner – Banking and Financial Markets 175500 211000 251500 Vice President – Banking and Financial Markets 133750 164750 191750 Banking and Financial Markets Associate 86500 112000 123500 Banking and Financial Markets Analyst 59250 75750 86250 Business Development Officer 96500 122000 145750 Portfolio Manager 104750 127250 155000 Private Banker, 5+ Years' Experience 88500 107500 127250 Private Banker, 3-5 Years' Experience 65500 80000 95250 Private Banker, 1-3 Years' Experience 52750 63000 74500 Credit Analyst, 5+ Years' Experience 75000 91250 108500 Credit Analyst, 3-5 Years' Experience 58250 70500 81750

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