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Salary and Benefits

Credit Risk Analyst
$56K-$69K / yr. (est.)
$57K
$62,869 / year
$69K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Credit Risk Analyst

What does a Credit Risk Analyst do?

As Risk Analysts, we are responsible for examining a client's investment portfolios, including international investments, and assessing the risk involved in making decisions. We monitor customer transactions and chargeback activities. We examine financial documents such as profit and loss statements. Assisting clients in meeting the organization's financial targets is also a part of our duty. We implement risk management techniques then track and analyze them for a period of time. Working as Risk Analysts, we are responsible for thoroughly reviewing and interpreting the statistical reports. We examine company budget and employee headcount reports. Finally, we compile reports for clients that demonstrate the proposed plan of action.

Core tasks:

  • reviewing financial documents and statements
  • making recommendations to control risks
  • taking the lead in risk analysis and reporting
  • predicting and monitoring market trends

Insights

How Many Years of Experience Do Professionals Need Before Becoming Credit Risk Analyst?
On average, people work 3-5 years in other positions prior to becoming a Credit Risk Analyst.
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Account ManagerMiami, FL - A year ago
🙄 It's not fair! Why can't I just apply directly to be a Credit Risk Analyst? Why do I need to go through all these other roles?
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Financial AdvisorNew York City, NY - A year ago
Well, it makes sense to have experience in different financial roles before assessing credit risk. Better safe than sorry, right? 💡
How Long Do Credit Risk Analyst Employees Typically Stay in Their Roles?
On average, Credit Risk Analysts works in this position for 3-5 years across multiple employers.
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Accounting ClerkBoston, MA - A year ago
I would think that having a strong foundation in quantitative analysis and finance would make Credit Risk Analysts more inclined to stay at one company for a longer time. What drives this high turnover rate? 🤔
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Financial AdvisorHouston, TX - A year ago
Lowercase alert! credit risk analysts should show more commitment and stay longer at a single employer. By doing so, they can add substantial value to their organizations through consistent risk assessment and decision-making. ✍
What Is the Job Hopper Score for Credit Risk Analyst Employees?
Moderate job changes in Credit Risk Analyst, showing some career movement without excessive turnover.
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Bank TellerChicago, IL - A year ago
💭Hmm, I believe moderate job changes don't necessarily indicate a lack of commitment. Credit risk analysts might be exploring their career path or seeking new challenges to enhance skills.
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AccountantNew York City, NY - A year ago
🤔Interesting point. However, I think credit risk analysts with moderate job changes demonstrate a valuable willingness to broaden their knowledge and contribute to various industries.

Career path

Path to job

Discover a Credit Risk Analyst's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Credit Risk Analyst typically studied at.
Brigham Young University-Idaho
New York University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Credit Risk Analyst Employees?
Gender ratio in Credit Risk Analyst position: 0.64926590538336 Male and 0.350734094616639 Female. Age ratio in Credit Risk Analyst position: 16-20: 6%, 21-30: 77%, 31-40: 13%, 41-50: 3%, 51-60: 1%, 60+: 0%. Credit Risk Analyst position is predominantly male (64.9%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Credit Risk AnalystNew York City, NY - A year ago
Is there a lack of opportunities for people above 60 to become Credit Risk Analysts? Age shouldn't be a barrier if someone has the skills and knowledge! 🙄
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Credit Risk AnalystSan Francisco, CA - A year ago
I'm proud to be a part of the 21-30 age group in the Credit Risk Analyst field! We bring fresh perspectives and ideas to the industry. 😎

Workplaces

Who Are the Top Employers for Credit Risk Analyst?
Top employers of Credit Risk Analyst position: Fannie Mae, Goldman Sachs, J.P. Morgan. People who work in Credit Risk Analyst position most typically go on to work for the Fannie Mae.
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Credit Risk AnalystHouston, TX - A year ago
Fannie Mae? I'm sorry, but I'd definitely rather work for JP Morgan. No contest.
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Credit Risk AnalystSan Francisco, CA - A year ago
Oh please, all three of those employers are just corporate giants. I want to make a real impact!
Fannie Mae
Goldman Sachs
J.P. Morgan
What Industries Does Credit Risk Analyst Typically Have Experience In?
Industry Background: The most typical industries of Credit Risk Analyst: Finance & Insurance, Professional / Scientific / Technical, Retail, Information Technology, Manufacturing. Credit Risk Analyst employees most likely come from a Finance & Insurance industry background.
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Credit Risk AnalystHouston, TX - A year ago
I bet they're just a bunch of bean counters who think they're so smart. 🧮
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Credit Risk AnalystPhiladelphia, PA - A year ago
Hey, credit risk is no joke! They have to protect the company's assets and make sure we don't go down in flames! 🔥

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Discussion about Credit Risk Analyst

Want to know more about Credit Risk Analyst position?
Share your thoughts and ideas about Credit Risk Analyst position with others in our community.
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How balanced is the gender diversity among people working as a Credit Risk Analyst?
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Isabella Holmes3 years ago
More men than women work as a Credit Risk Analyst.
What is the most common age of a Credit Risk Analyst?
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Benjamin Gardner3 years ago
27 is the average age of people working as a Credit Risk Analyst.
How much experience is typically required to work as a Credit Risk Analyst?
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Liam Brown3 years ago
On average, people have 4 years of experience when they start working as a Credit Risk Analyst
What industries does a Credit Risk Analyst typically work in?
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Benjamin Gardner3 years ago
For a Credit Risk Analyst it’s the most likely to work in the Finance & Insurance.
Is a degree needed to work as a Credit Risk Analyst?
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Benjamin Gardner3 years ago
Bachelor of Science degree is the typical for a Credit Risk Analyst
Which company is likely to have openings for Credit Risk Analyst positions?
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Isabella Holmes3 years ago
If you are a Credit Risk Analyst you should definitely apply for Fannie Mae, Goldman Sachs, J.P. Morgan, JPMorgan Chase & Co. and Wells Fargo
How long do people usually work as a Credit Risk Analyst when they switch to another position?
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Sophie Hayes3 years ago
A Credit Risk Analyst typically changes positions after 4 years.
How frequently people change companies if they work as a Credit Risk Analyst?
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Liam Brown3 years ago
The job hopper score is medium for a Credit Risk Analyst.
What do people usually work as before switching to Credit Risk Analyst?
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Liam Brown3 years ago
Most people come from Credit Analyst, Financial Analyst or Analyst roles
Working as a Credit Risk Analyst what job titles should I consider to switch to?
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Benjamin Gardner3 years ago
Changing from a Credit Risk Analyst to Credit Analyst, Financial Analyst or Credit Risk Manager is a typical career path.
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Disclaimer

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