Credit Analyst III Salary in Merida, MX

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How much does a Credit Analyst III make in Merida, MX? The average Credit Analyst III salary in Merida, MX is MXN$436K as of April 08, 2021, but the range typically falls between MXN$348K and MXN$559K. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.

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Global Market Data
50TH(Median) MXN$436K 25TH MXN$348K 75TH MXN$559K

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Skills to Boost a Credit Analyst III Salary

Mastering key skills can significantly increase your earning potential as a Credit Analyst III. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 19% salary raise, while strong Commercial Loans skills boost pay by a 2%. Even Loan Review can result in a 1% salary increase.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Commercial Loans
A commercial loan is a debt-based funding arrangement between a business and a financial institution such as a bank. It is typically used to fund major capital expenditures and/or cover operational costs that the company may otherwise be unable to afford.
Loan Review
Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.
More Skills...
Based on recent job listings, in-demand skills in the Credit Analyst III field include Analysis (19%), Commercial Loans (2%), Loan Review (1%), and Due Diligence (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Analysis MXN$519K
Analysis
MXN$519K
19%
Commercial Loans MXN$445K
Commercial Loans
MXN$445K
2%
Loan Review MXN$441K
Loan Review
MXN$441K
1%
Due Diligence MXN$441K
Due Diligence
MXN$441K
1%
Analysis
6.83%
Commercial Loans
10.21%
Loan Review
2.80%
Due Diligence
0.08%
Job Openings for Credit Analyst III in Merida, Mexico
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Career Path for Credit Analyst III

Credit Analyst III
Credit Analysis Manager

About Merida, Mexico

Mérida is located in the northwest part of the state of Yucatán, which occupies the northern portion of the Yucatán Peninsula. To the east is the state of Quintana Roo, to the west is the state of Campeche, to the north is the Gulf of Mexico, and far to the south is the state of Chiapas. The city is also located in the Chicxulub Crater. It has a very flat topography and is only 30 feet (9 m) above sea level. The land outside of Mérida is covered with smaller scrub trees and former henequen fields. Almost no surface water exists, but several cenotes (underground springs and rivers) are found...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia

Credit Analyst III Pay Difference by Cities

City, Country Compared to national average
City, Country Guadalajara, MX Compared to national average
-5.3%
City, Country Queretaro, MX Compared to national average
+ 6.9%
City, Country Aguascalientes, MX Compared to national average
-4.4%
City, Country Cuernavaca, MX Compared to national average
+ 3.7%
City, Country San Luis Potosi, MX Compared to national average
-1.4%
City, Country Mexicali, MX Compared to national average
-4.8%
Employees with Credit Analyst III in their job title in Queretaro, MX earn an average of 6.9% more than the national average. The lower salaries can be found in Guadalajara, MX (5.3% less), Mexicali, MX (4.8% less), Aguascalientes, MX (4.4% less), San Luis Potosi, MX (1.4% less).

Understand the base salary paid range for a Credit Analyst III in Merida, MX

Average Base Salary

Core compensation

347685
559420
436297
The chart shows the base salary for Credit Analyst III in Merida ranges from MXN$348K to MXN$559K with the average base salary of MXN$436K. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Credit Analyst III may get paid difference by industry, location, and factors.

Credit Analyst III Frequently Asked Questions

Can I expect to receive a higher salary for the position of Credit Analyst III in Queretaro than for the same job in Guadalajara in the Mexico?

On average, a Credit Analyst III, working in Queretaro, Mexico, would generally get a higher salary than those working in the city of Guadalajara. The larger cities in the MX typically provide numerous opportunities for Credit Analyst III Jobs. Since Merida, Mexico is an attractive place to work for many professions, Credit Analyst III Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location. April 08, 2021 salary.com )
What is the salary range for a Credit Analyst III in Merida, Mexico? What is the average hourly rate?

The average salary for a Credit Analyst III in Merida, Mexico is MXN$436K per year. The salary range for a Credit Analyst III is between MXN$348K and MXN$559K. While we are seeing hourly wages as high as MXN$269 and as low as MXN$167, the majority of Credit Analyst IIIs are currently paid an average of MXN$210 in Merida, Mexico. The average salary pay range for a Credit Analyst III can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Credit Analyst III in Merida, Mexico can differ based on any or all of these varying factors. April 08, 2021 salary.com )
Besides the base pay, what other benefits might be negotiable when considering a Credit Analyst III job? What common items are generally included in a total compensation package?

A total compensation package consists of base pay or salary and all other types of pay and benefits that a Credit Analyst III working in Merida, Mexico will receive in exchange for their job. Some common items included in the total compensation of a Credit Analyst III working in the Merida, Mexico are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Merida, Mexico might also offer long-term incentives such as stock options or stock grants for Credit Analyst IIIs. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you. April 08, 2021 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap
Last Update: April 08, 2021