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  1. Occupations
  2. Credit Analysts

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.

SOC: 13-2041.00

Common Job Titles

  • Credit Administrator
  • Credit Analyst
  • Credit Officer
  • Credit Representative

Wage Data According to the Bureau of Labor Statistics

Annual wage data for Credit Analysts (2024)

Estimated Total Employment (U.S.)

67,370

Wage Distribution by Percentile

Line chart of annual wages by percentile. U.S. is the solid line. 10th percentile: U.S. $52,930. 25th percentile: U.S. $63,850. 50th percentile: U.S. $80,970. 75th percentile: U.S. $113,850. 90th percentile: U.S. $168,840. Use the left and right arrow keys to move between percentiles.

  • U.S.
MetricU.S.
10% of workers earn the following or less$52,930
10% of workers earn the following or more$168,840
Workers on average earn$98,040

+ indicates wage is at or above the BLS reporting cap ($239,200/year)

Skills & Requirements

Key competencies for this occupation, ranked by importance

  • Economics and Accounting4.5/5
  • Mathematics3.9/5
  • English Language3.9/5
  • Law and Government3.3/5
  • Administrative3.0/5
Skills & Requirements: Knowledge

Tools & Technology

Equipment and software commonly used in this occupation

In-Demand Technology

Frequently requested by employers in job postings

  • Microsoft Dynamics
  • Microsoft Excel
  • Microsoft Office software
  • Microsoft Outlook
  • Microsoft PowerPoint
  • Microsoft SQL Server
  • Microsoft Visual Basic
  • Microsoft Visual Basic for Applications VBA
  • Microsoft Word
  • Python
  • SAP software
  • SAS
  • Structured query language SQL

Technology Skills

  • CGI-AMS BureauLink Enterprise
  • CGI-AMS CACS Enterprise
  • CGI-AMS Strata
  • Credit adjudication and lending management system CALMS
  • Credit and risk analysis software
  • Credit fraud detection software
  • Dun and Bradstreet Global DecisionMaker
  • Equifax Advanced Decisioning
Tools & Technology: Technology Skills

Tools & Equipment

  • 10-key calculators
  • Desktop computers
  • Notebook computers
  • Personal computers
  • Scanners

Related Occupations

Occupations with similar skills and knowledge requirements

Most Similar

  • Credit Authorizers, Checkers, and Clerks 43-4041.00
  • Loan Officers 13-2072.00
  • Loan Interviewers and Clerks 43-4131.00
  • Credit Counselors 13-2071.00
  • Financial and Investment Analysts 13-2051.00

Moderately Similar

  • Financial Risk Specialists 13-2054.00
  • Financial Examiners 13-2061.00
  • Personal Financial Advisors 13-2052.00
  • Securities, Commodities, and Financial Services Sales Agents 41-3031.00
  • Accountants and Auditors 13-2011.00

Related

  • Bill and Account Collectors 43-3011.00
  • Financial Managers 11-3031.00
  • Bookkeeping, Accounting, and Auditing Clerks 43-3031.00
  • Investment Fund Managers 11-3031.03
  • Insurance Underwriters 13-2053.00
  • Tellers 43-3071.00
  • Tax Examiners and Collectors, and Revenue Agents 13-2081.00
  • Budget Analysts 13-2031.00
  • Tax Preparers 13-2082.00
  • Insurance Claims and Policy Processing Clerks 43-9041.00

Related Programs

Education programs that prepare you for this occupation

  • CertificateBookkeepingIssuer: Florence-Darlington Technical College
  • Master's DegreeMaster of AccountancyIssuer: Troy University
  • Bachelor's DegreeAccounting Major (BSBA)Issuer: Troy University
  • Associate's DegreeAccounting / Business AdministrationIssuer: Paris Junior College
  • Bachelor's DegreeBachelor of Business Administration, Major in AccountingIssuer: Sam Houston State University
  • Bachelor's DegreeFinance (BSBA)Issuer: University of Alabama in Huntsville
  • Bachelor's DegreeAccounting (BSBA)Issuer: University of Alabama in Huntsville
  • Master's DegreeMaster of AccountingIssuer: University of Alabama at Birmingham
  • Bachelor's DegreeFinance, BSIssuer: University of Alabama at Birmingham
  • Bachelor's DegreeAccounting, BSIssuer: University of Alabama at Birmingham