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As of August 01, 2026, the average salary for a Sr Credit Analyst in Massachusetts is $73,504 per year, which breaks down to an hourly rate of $35.
However, a Sr Credit Analyst's salary can vary significantly. Here’s a look at the typical salary range:
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Sr Credit Analyst Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $82,024 | $6,835 | $1,577 | $39 |
| Average | $73,504 | $6,125 | $1,414 | $35 |
| 25th Percentile | $62,657 | $5,221 | $1,205 | $30 |
Talently - Franklin, MA
Fidelity Bank - Leominster, MA
MRINetwork Jobs - Franklin, MA
Fidelity Bank - Hyannis, MA
A Sr Credit Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Sr Credit Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Credit An... Level Sr Credit Analyst | $62,177 |
| Sr Credit... Level Sr Credit Analyst | $74,257 |
| Credit An... Level Sr Credit Analyst | $91,024 |
| Credit An... Level Sr Credit Analyst | $125,943 |
| VP of Cre... Level Sr Credit Analyst | $221,813 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Sr Credit Analysts. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Sr Credit Analyst roles, the industry you choose can affect earning potential by as much as 83% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Financial Services sectors offer the strongest compensation, at 30% above the average. In contrast, Sr Credit Analyst positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Sr Credit Analyst as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $95,555 | $46.0 | 30% |
| Financial Services | $91,880 | $44.0 | 25% |
| Software & Networking | $88,205 | $42.0 | 20% |
| Biotechnology | $84,530 | $41.0 | 15% |
| Insurance | $82,324 | $40.0 | 12% |
Understanding how a Sr Credit Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $82,024 | $6,835 | $1,577 | $39 |
| Average | $73,504 | $6,125 | $1,414 | $35 |
| 25th Percentile | $62,657 | $5,221 | $1,205 | $30 |
Ready to take the next step in your career? Browse thousands of current Sr Credit Analyst job openings on our job board. Use the search bar below to find your perfect match.
Needham Bank
Wellesley Hills, MA
Needham Bank | Wellesley Hills, MA
Job Description. Job Description. Responsible for analyzing and monitoring the credit worthiness of the Bank's customers. Analyze financial statements, tax... more
5 Days Ago
Needham Bank
Wellesley Hills, MA
Needham Bank | Wellesley Hills, MA
Job Description. Job Description. Responsible for analyzing moderately complex to complex commercial real estate credit transactions and relationships. Mo... more
8 Days Ago
Winchester Savings Bank
Winchester, MA
Winchester Savings Bank | Winchester, MA
Job Description. Job Description. SUMMARY DESCRIPTION. Responsible for performing a full range of credit functions for existing and prospective borrowers, ... more
7 Days Ago
Shift
Boston, MA
Shift | Boston, MA
Credit AnalystAt Shift, we're business specialists dedicated to helping Australian SMEs take control of their cashflow, streamline trade terms and choose t... more
7 Days Ago
Greenfield Savings Bank
Greenfield, MA
Greenfield Savings Bank | Greenfield, MA
Commercial Credit Analyst. Pay is based on related experience, expertise, market data, and internal equity. generally, new hires can expect pay between the... more
7 Days Ago
Confidential
Boston, MA
Confidential | Boston, MA
Front Office Credit Risk Analyst, Associate Vice President. About the Company. Expanding provider of investment management, research & trading services. In... more
9 Days Ago
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