Senior Credit Analyst Salary at Payray BETA

How much does a Payray Senior Credit Analyst make?

As of April 2025, the average annual salary for a Senior Credit Analyst at Payray is $69,694, which translates to approximately $34 per hour. Salaries for Senior Credit Analyst at Payray typically range from $62,702 to $76,509, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
payray.bank
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Financial Services

A banking licence that allows lending and accepting deposits was issued to PayRay by the European Central Bank in 2019, at the suggestion of the Bank of Lithuania. Established in 2018, the company operates in international markets, providing factoring solutions and other financing services. It has a branch in Latvia and plans to expand to other countries. PayRay Bank has brought together a team of first-class finance professionals and built an experienced international board of advisors. PayRay Bank is focused on small and medium-sized businesses, enabling them to stabilise their working capital and improve performance through the services it offers. The defining features of its services are flexibility, fast decision-making, and close attention to clients' needs as well as the nature of their business. PayRay Bank continues to expand its portfolio of financing services, currently offering account financing and business loan services and having signed cooperation agreements with the European Investment Fund, INVEGA (a financial entity incorporated by the State of Lithuania), and other organizations. Set up in 2018

See similar companies related to Payray

What Skills Does a person Need at Payray?

At Payray, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  2. Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.
  3. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  4. Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
  5. Credit Analysis: Credit analysis is the method by which one calculates the creditworthiness of a business or organization. In other words, It is the evaluation of the ability of a company to honor its financial obligations. The audited financial statements of a large company might be analyzed when it issues or has issued bonds. Or, a bank may analyze the financial statements of a small business before making or renewing a commercial loan. The term refers to either case, whether the business is large or small. The objective of credit analysis is to look at both the borrower and the lending facility being proposed and to assign a risk rating. The risk rating is derived by estimating the probability of default by the borrower at a given confidence level over the life of the facility, and by estimating the amount of loss that the lender would suffer in the event of default. Credit analysis involves a wide variety of financial analysis techniques, including ratio and trend analysis as well as the creation of projections and a detailed analysis of cash flows. Credit analysis also includes an examination of collateral and other sources of repayment as well as credit history and management ability. Analysts attempt to predict the probability that a borrower will default on its debts, and also the severity of losses in the event of default. Credit spreads—the difference in interest rates between theoretically "risk-free" investments such as U.S. treasuries or LIBOR and investments that carry some risk of default—reflect credit analysis by financial market participants.

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Check more jobs information at Payray

Job Title Average Payray Salary Hourly Rate
2 Reporting Specialist $68,542 $33
3 Senior Sales Executive $239,344 $115
4 Chief Compliance Officer $204,555 $98
5 IT Specialist $68,873 $33
6 Lawyer $115,397 $55
7 Sales Manager $109,893 $53
8 Sales Manager, Corporate $109,893 $53
9 Back-End Developer $77,801 $37
10 Head of Business Development $272,542 $131
11 Head of Internal Audit $234,897 $113
12 Head of Legal $318,529 $153

Hourly Pay at Payray

The average hourly pay at Payray for a Senior Credit Analyst is $34 per hour. The location, department, and job description all have an impact on the typical compensation for Payray positions. The pay range and total remuneration for the job title are shown in the table below. Payray may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $69,694 look to you?

FAQ about Salary and Jobs at Payray

1. How much does Payray pay per hour?
The average hourly pay is $34. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Payray?
According to the data, the highest approximate salary is about $76,509 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Payray?
According to the data, the lowest estimated salary is about $62,702 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.