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This question is about what a credit analyst does and credit analyst.
Is a credit analyst a good job?
Yes, being a credit analyst is a good job. One of the biggest advantages is that credit analysts are given the freedom to work for virtually any company offering financing plans for products or services. Credit analysts also bring home a solid salary with good benefits and the opportunity for advancement and job growth.
A mid-level credit analyst, for example, can earn upwards of $100,000 a year - such as those working at Lord Abbett ($122,072 per year) or De Lage Landen ($96,189 per year). On the downside, many credit analysts are expected to work longer than the traditional 40-hour workweek.
There are also many opportunities to advance or change fields for those starting out as credit analysts. For example, some go on to other exciting financial paths, such as loan manager, investment banker, and portfolio manager.
Not to mention credit analysts are in high demand. Thanks to the growing range of financial products on the market, there's expected to be a 16% increase in demand for credit analysts to assess the creditworthiness of borrowers.
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