Career Profile

Credit Analyst

Education Bachelor's
This is the typical education required for this occupation.
Earnings $76,200
This is the median salary for this occupation.

Credit Analysts analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money.

General Information

Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decisionmaking. Excludes Financial Risk Specialists (13-2054).

Credit Analyst

Occupational Outlook

For the Rural Capital Area

4

Job Opportunities

Over the next five years, an average of 4 openings per year are projected for Credit Analyst.

+10.0%

Employment Change

Employment for Credit Analyst is forecasted to increase on par with the regional average by 10.0% between 2025 and 2030.

$36.65

Earnings Potential

The typical worker in this occupation is paid $36.65/hour. Entry level workers are paid $25.47, while experienced workers are paid $51.47. The median wage is significantly above the wage across all occupations.

Local Employment Opportunities

There are 86 Credit Analyst in the Rural Capital Area region. By 2030 this number could reach 95.

Top Employing Industries, Locally

The top industries employing Credit Analyst are Depository Credit Intermediation, Nondepository Credit Intermediation, and Professional and Commercial Equipment and Supplies Merchant Wholesalers.

Knowledge Areas

The top most significant knowledge categories for Credit Analyst include Economics and Accounting, Mathematics, and Law and Government.

Educational Attainment Patterns

The most common level of education for Credit Analyst is Bachelor's. 75% of people employed in these roles have some form of college degree.