Career Profile
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.
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).
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Credit Analysts
Occupational Outlook
For the Rural Capital Area
Job Opportunities
Over the next five years, an average of 16 openings per year are projected for Credit Analysts.
Employment Change
Employment for Credit Analysts is forecasted to increase on par with the regional average by 11.3% between 2023 and 2028.
Earnings Potential
An average worker in this occupation is paid $36.33/hour. Entry level workers are paid $22.78, while experienced workers are paid $45.34. The median wage is significantly above average regional wages across occupations.
Local Employment Opportunities
There are 146 Credit Analysts in the RCA region. By 2028 this number could reach 162.
Top 5 Employing Industries, Locally
The top industries employing Credit Analysts are Depository Credit Intermediation, Nondepository Credit Intermediation, and Activities Related to Credit Intermediation.
Knowledge Areas
The top most significant knowledge categories for Credit Analysts include Economics and Accounting, English Language, and Mathematics.
Educational Attainment Patterns
The most common level of education for Credit Analysts is Bachelor's. 100% of people employed in these roles have some form of college degree.