Commercial Credit Analysis Manager Salary in the United States

FAQ about Commercial Credit Analysis Manager

1. 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 $154,051.

2. What is the highest pay for Commercial Credit Analysis Manager?

The highest pay for Commercial Credit Analysis Manager is $139,707.

3. What is the lowest pay for Commercial Credit Analysis Manager?

The lowest pay for Commercial Credit Analysis Manager is $101,516.

4. 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. Reviews and verifies 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 credit memo formats that include essential information and recommendations to facilitate review. Oversees processes, workflows, and schedules for report preparation. May be authorized to approve exceptions to the application for loan or credit extensions. 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.

5. What industry pays the highest salary for Commercial Credit Analysis Manager?

The Financial Services industry offers the highest average compensation for Commercial Credit Analysis Manager roles, with salaries approximately 20% above the market median.