Commercial Credit Analyst I Salary in the United States

Commercial Credit Analyst I Salary

How much does a Commercial Credit Analyst I make in the United States? The average Commercial Credit Analyst I salary in the United States is $60,064 as of August 27, 2024, but the range typically falls between $52,972 and $66,938. 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 online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Commercial Credit Analyst I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Credit Analyst I Salary $46,516 US August 27, 2024
25th Percentile Commercial Credit Analyst I Salary $52,972 US August 27, 2024
50th Percentile Commercial Credit Analyst I Salary $60,064 US August 27, 2024
75th Percentile Commercial Credit Analyst I Salary $66,938 US August 27, 2024
90th Percentile Commercial Credit Analyst I Salary $73,197 US August 27, 2024
25% $52,972 10% $46,516 90% $73,197 75% $66,938 $60,064 50%(Median) Didn’t find job title? Click
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What skills does a Commercial Credit Analyst I need?

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.

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

3.

Credit Reports: Credit report is a statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts. It allows to check for any delinquency in past and present credit accounts.

See More Skills
Analysis 20.24%
Microsoft Office 1.8%
Credit Reports 1.11%
Others 76.85%
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Commercial Credit Analyst I higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Commercial Banking, you can get a 6% salary raise. If you are good at Risk Management, your salary will increase by 6%. If you are expert in Products and Services, your salary will rise by 1%.
Skill Salary Demand
Commercial Banking
 $63,668
6%
Risk Management
 $63,668
6%
Products and Services
 $60,665
1%
Commercial Loans
 $60,665
1%
Underwriting
 $60,665
1%
Economics
 $60,665
1%
Get Latest Data
Last Updated on August 27, 2024

What Should I Pay?

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Job Description for Commercial Credit Analyst I

Commercial Credit Analyst I collects, reviews, and analyzes data to prepare a detailed credit analysis that evaluates the terms and creditworthiness of commercial loan applications. Uses multiple sources of information, including financial statements, collateral appraisals, credit scores, and cash flow analysis, to assign risk ratings to loans and complete an analysis of the applicant's financial status. Being a Commercial Credit Analyst I calculates debt-to-income (DTI) ratios to evaluate an applicant's ability to repay the loan. Prepares credit memos in a standardized format that includes key ratios, supporting information, an executive summary, and objective recommendations. Additionally, Commercial Credit Analyst I presents credit reports to loan officers and loan committees. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Commercial Credit Analyst I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commercial Credit Analyst I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Salary.com job board provides millions of Commercial Credit Analyst I information for you to search for. Click on search button below to see Commercial Credit Analyst I job openings or enter a new job title here.

Job Openings for Commercial Credit Analyst I
  • Capital Credit Union - Green Bay, WI
    Position Purpose. Upholds the Credit Union's mission of ”We do the right thing one member, one employee, and one experience at a time to strengthen the com...
    - 4 Months Ago
  • F&M Trust - Harrisburg, PA
    ABOUT THE ROLE. F&M Trust is looking to hire a Senior Commercial Credit Analyst to round out the Credit Department team. The successful candidate will have...
    - 5 Days Ago
  • F&M Trust - Chambersburg, PA
    ABOUT THE ROLE. F&M Trust is looking to hire a Commercial Credit Analyst II to join the Credit Department team. The successful candidate will have the opti...
    - 5 Days Ago
  • AgFirst Farm Credit Bank - Columbia, SC
    Looking for more than the traditional commercial banking experience. Our Analysts underwrite commercial loan investment opportunities for a wide range of i...
    - 3 Months Ago
  • Together Credit Union - St. Louis, MO
    Job Summary. The credit analyst is responsible for analyzing and ensuring proper credit investigation in accordance with Credit Union policy. This role pre...
    - 12 Days Ago

Career Path for Commercial Credit Analyst I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Commercial Credit Analyst I, the upper level is Commercial Credit Analyst II and then progresses to Commercial Credit Analyst IV.

Commercial Credit Analyst I
Commercial Credit Analyst II
Commercial Credit Analyst IV
Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC PROPERTIES INC
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2023
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Commercial Credit Analyst I Pay Difference by Location

Commercial Credit Analyst I salary varies from city to city. Compared with national average salary of Commercial Credit Analyst I, the highest Commercial Credit Analyst I salary is in San Francisco, CA, where the Commercial Credit Analyst I salary is 25.0% above. The lowest Commercial Credit Analyst I salary is in Miami, FL, where the Commercial Credit Analyst I salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

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Understand the total compensation opportunity for a Commercial Credit Analyst I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
52972
66938
60064

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
54269
69927
61639
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Credit Analyst I in the United States. The base salary for Commercial Credit Analyst I ranges from $52,972 to $66,938 with the average base salary of $60,064. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $54,269 to $69,927 with the average total cash compensation of $61,639.
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52972
66938

 

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Skills associated with Commercial Credit Analyst I: Risk Analysis, Credit Analysis, Risk Assessment, Banking Software ...More

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Commercial Credit Analyst I Salary in United States
Commercial Credit Analyst I Salary Graph, Regional Distribution and Summary