Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between asset analysts and loan analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an asset analyst, becoming a loan analyst takes usually requires 4-6 years. Additionally, an asset analyst has an average salary of $72,242, which is higher than the $37,857 average annual salary of a loan analyst.
The top three skills for an asset analyst include asset management, fixed assets and real estate. The most important skills for a loan analyst are loan documentation, customer service, and real estate.
| Asset Analyst | Loan Analyst | |
| Yearly salary | $72,242 | $37,857 |
| Hourly rate | $34.73 | $18.20 |
| Growth rate | 9% | 4% |
| Number of jobs | 67,864 | 24,756 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 66% |
| Average age | 40 | 45 |
| Years of experience | 4 | 6 |
Asset analysts are accounting professionals who specialize in the management of the company's assets. They maintain the company's record of assets. They ensure that their database is updated. They also ensure that all physical assets are properly maintained. Asset analysts prepare reports related to these assets and draft recommendations as needed. They also keep themselves updated on the current trends in both the industry and in the economic market. They should always be on the lookout for possible asset acquisitions to improve the company's economic standing.
A loan analyst is responsible for determining the eligibility of loan applicants in purchasing loan services by analyzing their application documents, account statements, and financial and credit status. Loan analysts evaluate loan agreements and payment plans and explain feasibility to the customers and loan officers before granting the loan. They also provide loan options and alternatives to the clients according to their needs and risk limitations. A loan analyst must have excellent knowledge of the loan and financial industry, especially in handling credit policies and loan processes and ensuring timely submission of reports.
Asset analysts and loan analysts have different pay scales, as shown below.
| Asset Analyst | Loan Analyst | |
| Average salary | $72,242 | $37,857 |
| Salary range | Between $47,000 And $109,000 | Between $24,000 And $58,000 |
| Highest paying City | San Francisco, CA | Raleigh, NC |
| Highest paying state | Massachusetts | South Dakota |
| Best paying company | Pacific Investment Management Company LLC | Barclays |
| Best paying industry | Finance | Finance |
There are a few differences between an asset analyst and a loan analyst in terms of educational background:
| Asset Analyst | Loan Analyst | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between asset analysts' and loan analysts' demographics:
| Asset Analyst | Loan Analyst | |
| Average age | 40 | 45 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 43.2% Female, 56.8% |
| Race ratio | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% | Black or African American, 9.2% Unknown, 4.6% Hispanic or Latino, 15.9% Asian, 6.4% White, 63.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 8% |