Credit Analysts

SOC: 13-2041 O*NET: 13-2041.00
Median Salary
$80,970
per year
Job Growth
πŸ“‰ -4.4%
Slower (2024-2034)
Annual Openings
3.7
projected jobs/year
Education Level
Bachelor's degree or higher
Job Zone 4

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.

Overview

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.

Compensation & Benefits

Salary Distribution by Percentile

Understanding where you might fall in the salary range based on experience and location.

10th
$48,582
25th
$64,776
50th (Median)
$80,970
75th
$97,164
90th
$121,455

Percentile Explained: If you're in the 75th percentile, you earn more than 75% of workers in this occupation. Entry-level positions typically fall in the 10th-25th percentile range, while experienced professionals often reach the 75th-90th percentile.

Typical Benefits Package

Health & Wellness

  • βœ“Health Insurance
  • βœ“Dental Insurance
  • βœ“Vision Insurance
  • βœ“Mental Health Support
  • βœ“Wellness Programs

Financial Benefits

  • βœ“401(k) Retirement Plan
  • βœ“Employer Match (typically 3-6%)
  • βœ“Profit Sharing
  • βœ“Stock Options
  • βœ“Performance Bonuses

Work-Life Balance

  • βœ“Paid Time Off (15-25 days)
  • βœ“Paid Sick Leave
  • βœ“Flexible Work Arrangements
  • βœ“Remote Work Options
  • βœ“Parental Leave

Professional Development

  • βœ“Tuition Reimbursement
  • βœ“Professional Certifications
  • βœ“Conference Attendance
  • βœ“Training Programs
  • βœ“Mentorship Opportunities

Note: Benefits vary widely by employer, company size, and location. Large corporations and tech companies often offer more comprehensive packages, while small businesses may offer fewer benefits but more flexibility. Always review the complete compensation package, not just base salary.

Job Market Intelligence

Job Market Intelligence

Low Demand
Market demand
Medium Risk
Automation risk

Current Employment

National Employment:67,800

10-Year Outlook

Growth Rate:-4.4%
Annual Openings:3,700

Employment Projections

2024 (Current)67,800
Current
2034 (Projected)64,800
-4.4%
-3,000
Employment Change
-4.4%
Growth Rate
10
Year Projection

Growth Category: Decline

Key Growth Factors

  • β€’Employment decline projected

Top Skills

βœ“
Critical Thinking
Critical Thinking
βœ“
Active Learning
Active Learning
βœ“
Reading Comprehension
Reading Comprehension
βœ“
Speaking
Speaking
βœ“
Active Listening
Active Listening
βœ“
Mathematics
Mathematics
βœ“
Judgment and Decision Making
Judgment and Decision Making
βœ“
Writing
Writing
βœ“
Service Orientation
Service Orientation
βœ“
Time Management
Time Management

Key Knowledge Areas

βœ“
Economics and Accounting
βœ“
English Language
βœ“
Mathematics
βœ“
Law and Government
βœ“
Administrative

Education & Training

Education Required

Bachelor's degree or higher

Experience Required

A considerable amount of work-related skill, knowledge, or experience needed

Job Training

Significant preparation with related work experience