1. What is the average salary of a Commercial Credit Analysis Manager?
The average annual salary of Commercial Credit Analysis Manager is $120,873.
In case you are finding an easy salary calculator,
the average hourly pay of Commercial Credit Analysis Manager is $58;
the average weekly pay of Commercial Credit Analysis Manager is $2,324;
the average monthly pay of Commercial Credit Analysis Manager is $10,073.
2. Where can a Commercial Credit Analysis Manager earn the most?
A Commercial Credit Analysis Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Commercial Credit Analysis Manager earns the most in San Jose, CA, where the annual salary of a Commercial Credit Analysis Manager is $152,457.
3. What is the highest pay for Commercial Credit Analysis Manager?
The highest pay for Commercial Credit Analysis Manager is $150,856.
4. What is the lowest pay for Commercial Credit Analysis Manager?
The lowest pay for Commercial Credit Analysis Manager is $107,572.
5. What are the responsibilities of Commercial Credit Analysis Manager?
Manages the commercial credit analysis function that collects, reviews, and analyzes data and prepares detailed credit analysis evaluating the terms and creditworthiness of commercial loan applications. Incorporates steps to verify the accuracy of sources of information, including financial statements, collateral appraisals, credit scores, and cash flow analysis. Implements best practices and standard methodologies to assign risk ratings to loans, calculate essential ratios and complete an analysis of the applicant's financial status. Develops standardized formats for credit memos that facilitate review and include essential ratios, supporting information, an executive summary, and objective recommendations. Oversees processes and workflows to prepare credit reports for loan officers and loan committees that meet loan review schedules. Requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.