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Business & Finance

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. Prepare reports with credit information for use in decisionmaking.

Median salary

$80,970

Typical range

$53k – $169k

Job outlook

See national outlook

AI exposure

Plan a path to Credit Analysts

Education

Typical entry: Bachelor's degree

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Typical progression

  1. Credit Analysts Intern

    Internship

    $36,000

    ~4 mos to advance

  2. Junior Credit Analysts

    Entry / Junior

    $52,930

    ~2 yrs to advance

  3. Credit Analysts

    Established

    $80,970

    ~3 yrs to advance

  4. Senior Credit Analysts

    Senior

    $124,905

Internships are a common on-ramp here — they speed up landing that first role and improve your odds, which is why the Safe and High-ceiling plans build one in.

Key skills

A typical day

  • Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
  • Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
  • Generate financial ratios, using computer programs, to evaluate customers' financial status.
  • Prepare reports that include the degree of risk involved in extending credit or lending money.
  • Analyze financial data, such as income growth, quality of management, and market share to determine expected profitability of loans.

Fields of study

Any field

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