How To Become A Commercial Credit Analyst: What It Is and Career Path

What is a commercial credit analyst and how to become one

Updated January 8, 2025

4 min read

Commercial credit analysts measure the creditworthiness of companies to evaluate their ability to repay loans and credit lines, particularly those used to buy vehicles and other products. Their duties include the creation of financial profiles and the investigation of credit history.

Before making a conclusion, commercial credit analysts often equate how much capital and net assets a company has in hand with how much it owes. They are normally hired by banks, government departments, or other commercial lenders. Commercial credit analysts are quantitative thinkers with the ability to deal with a wide variety of factors and to make complex decisions. Strong communication and leadership skills are important for functioning as a team member and communicating with managers and customers.

Many commercial credit analysts have a bachelor's degree in business, banking, economics, or accounting. They can take courses in business, risk management, mathematics, and statistics as undergraduates. Training on the application of popular business applications and computer technologies will also be useful.

ScoreCommercial Credit AnalystUS Average

Salary

5.2

Avg. Salary $66,482

Avg. Salary $59,228

Stability level

6.0

Growth rate 4%

Growth rate 0.3%

Diversity

5.6

Race

American Indian and Alaska Native 0.27%

Asian 10.48%

Black or African American 7.93%

Hispanic or Latino 9.63%

Unknown 2.66%

White 69.03%

Gender

female 38.39%

male 61.61%

Age - 38

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 38

Stress level

6.0

Stress level is manageable

7.1 - high

Complexity level

8.0

Complexity level is challenging

7 - challenging

Work life balance

6.4

Work life balance is fair

6.4 - fair

Key steps to become a commercial credit analyst

Explore commercial credit analyst education requirements

Most common commercial credit analyst degrees

Bachelor's

80.0 %

Master's

13.4 %

Associate

5.0 %

Start to develop specific commercial credit analyst skills

Skills	Percentages
Credit Analysis	8.23%
Customer Service	6.76%
Strong Analytical	5.81%
Real Estate	5.34%
Financial Statements	4.81%

Complete relevant commercial credit analyst training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New commercial credit analysts learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a commercial credit analyst based on U.S. Bureau of Labor Statistics data and data from real commercial credit analyst resumes.

Research commercial credit analyst duties and responsibilities

Manage and develop commercial lenders and administrative assistants.
Develop financial profiles, analyze company and customer financial data to improve portfolio strength.
Direct audit review resulting in the successful compliance of RESPA documentation.
Determine loan purpose use for RESPA compliance then recommend restitution when applicable.

Prepare your commercial credit analyst resume

When your background is strong enough, you can start writing your commercial credit analyst resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a commercial credit analyst resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

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