How Much Does a Sr Credit Analyst Make in Illinois?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Sr Credit Analyst in Illinois is $71,667. While Salary.com is seeing that Sr Credit Analyst salary in IL can go up to $87,315 or down to $55,531, but most earn between $63,221 and $79,858. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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Similar Job Salaries to Sr Credit Analyst by Company

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Company average base salary in (usd) range
Rivian
Sr. Credit & Collections Analyst
$61,774/yr
$55,289
$68,259
RANGE: $55,289 - $68,259
Uber
Sr. B2B Credit Analyst
$67,059/yr
$59,990
$74,128
RANGE: $59,990 - $74,128
The Symicor Group
Sr. Commercial Credit Analyst - To 85K - Addison, IL
$71,864/yr
$65,023
$78,706
RANGE: $65,023 - $78,706
Wintrust Financial
Credit Analyst
$89,298/yr
$78,988
$99,609
RANGE: $78,988 - $99,609
Bank Of Springfield
Credit Analyst
$62,672/yr
$56,066
$69,279
RANGE: $56,066 - $69,279
SIG Group
Credit Analyst
$66,144/yr
$59,172
$73,116
RANGE: $59,172 - $73,116
Structured Finance Association
Credit Analyst/Senior Credit Analyst, Structured Credit & CLOs – Chicago, IL
$67,059/yr
$59,990
$74,128
RANGE: $59,990 - $74,128
Fitch Ratings
Credit Analyst/Senior Credit Analyst, Structured Credit & CLOs - Chicago, IL
$67,059/yr
$59,990
$74,128
RANGE: $59,990 - $74,128

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Top 10 Highest Paying Cities For Sr Credit Analyst Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Sr Credit Analyst can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Sr Credit Analyst job salaries in Illinois. Some cities can pay higher salaries for Sr Credit Analyst jobs, which can indicate that there is a large demand for Sr Credit Analyst positions in this city.
The following table shows top 10 cities where the Sr Credit Analyst salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Oak Park. The Sr Credit Analyst salary is $72,659 in Chicago, which is higher than the national average. There are 20 cities' Sr Credit Analyst salary higher than national average in Illinois.
The average salary for a Sr Credit Analyst in Illinois is $71,667, but we found that the city with the highest salary for Sr Credit Analyst jobs is Chicago, IL, and it is higher than Cicero. Sr Credit Analyst jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $72,659 $6,055 $1,397 $35
Cicero $72,659 $6,055 $1,397 $35
Oak Park $72,659 $6,055 $1,397 $35
Evanston $72,631 $6,053 $1,397 $35
Skokie $72,631 $6,053 $1,397 $35
Oak Lawn $72,574 $6,048 $1,396 $35
Des Plaines $72,462 $6,038 $1,393 $35
Mount Prospect $72,406 $6,034 $1,392 $35
Aurora $72,096 $6,008 $1,386 $35
Hoffman Estates $72,033 $6,003 $1,385 $35

What Does a Sr Credit Analyst Do?

A senior credit analyst is a finance professional who is responsible for evaluating the credit history of individuals or organizations to identify the risk level of loaning them money.
Updated December 18, 2021
The Certified Credit Research Analyst (CCRA™) is a comprehensive global education program designed to give an expert level understanding of credit markets to fresh graduates and experienced professionals.
Updated November 25, 2021
A Senior Credit Analyst is responsible for the independent credit risk assessment and internal ratings assignment for LGIM’s direct transactions.
Updated November 03, 2021
Through the objectivity and reliability of its analysis, the Credit Analyst supports the origination teams in structuring and closing transactions which will present a favourable risk / reward balance for LGIM’s customers.
Updated October 31, 2021
If you want to establish a career in the finance industry as a senior credit analyst, you need at least a bachelor’s degree in finance, accounting, or a related field.
Updated October 22, 2021

Frequently Asked Questions About a Sr Credit Analyst Salaries

What is the average of a Sr Credit Analyst in Illinois?

The Sr Credit Analyst salary range is from $63,221 to $79,858, and the average Sr Credit Analyst salary is $71,667/year in Illinois. The Sr Credit Analyst's salary will change in different locations.

Which location pays the highest Sr Credit Analyst salary in the United States?

The Sr Credit Analyst salary in San Jose, CA is $88,682 which is the highest in the US.

What kinds of reasons will influence the Sr Credit Analyst's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Sr Credit Analyst.

What is the growth rate of the Sr Credit Analyst's salary?

If you are thinking of becoming a Sr Credit Analyst or planning the next step in your career, find the detailed salary report of a Sr Credit Analyst.