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Credit analyst vs investment banking analyst

The differences between credit analysts and investment banking analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a credit analyst, becoming an investment banking analyst takes usually requires 2-4 years. Additionally, a credit analyst has an average salary of $61,422, which is higher than the $60,598 average annual salary of an investment banking analyst.

The top three skills for a credit analyst include customer service, credit analysis and customer accounts. The most important skills for an investment banking analyst are financial models, discounted cash flow, and healthcare.

Credit analyst vs investment banking analyst overview

Credit AnalystInvestment Banking Analyst
Yearly salary$61,422$60,598
Hourly rate$29.53$29.13
Growth rate-5%9%
Number of jobs16,40652,791
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 83%
Average age3940
Years of experience24

What does a credit analyst do?

A credit analyst's role is to assess and determine a client's capacity to uphold financial obligations when applying for loans or credit programs. Working for creditors like banks and lending firms, a credit analyst must interpret and analyze financial data and personal records, identify inconsistencies and risks, and verify necessary documentation in support of loan committees. Furthermore, a credit analyst must also perform administrative tasks such as preparing reports and applications, fulfilling document requests, reaching out to clients, and coordinating with colleagues to assure accuracy in all operations.

What does an investment banking analyst do?

An Investment Banking Analyst reviews and analyzes data for investment banking portfolios. They work with individuals and businesses to suggest potential investments for their clients.

Credit analyst vs investment banking analyst salary

Credit analysts and investment banking analysts have different pay scales, as shown below.

Credit AnalystInvestment Banking Analyst
Average salary$61,422$60,598
Salary rangeBetween $40,000 And $93,000Between $35,000 And $104,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyApollo Global ManagementThe Citadel
Best paying industryFinanceFinance

Differences between credit analyst and investment banking analyst education

There are a few differences between a credit analyst and an investment banking analyst in terms of educational background:

Credit AnalystInvestment Banking Analyst
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 83%
Most common majorBusinessFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Credit analyst vs investment banking analyst demographics

Here are the differences between credit analysts' and investment banking analysts' demographics:

Credit AnalystInvestment Banking Analyst
Average age3940
Gender ratioMale, 44.2% Female, 55.8%Male, 75.3% Female, 24.7%
Race ratioBlack or African American, 7.7% Unknown, 2.6% Hispanic or Latino, 9.5% Asian, 10.5% White, 69.4% American Indian and Alaska Native, 0.3%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%
LGBT Percentage11%7%

Differences between credit analyst and investment banking analyst duties and responsibilities

Credit analyst example responsibilities.

  • Provide treasury with funding requirements to maximize LIBOR rate advantage.
  • Manage a team to help facilitate efficient loan origination, underwriting and closing.
  • Lead a presentation to the FHA quantitative team by using multiple data visualization techniques.
  • Manage A/R transactions, prepare weekly account reconciliation's, perform research/ adjustments on A/P and A/R discrepancy accounts.
  • Utilize data manipulation and quantitative analysis using VBA macros, SQL and advance excel knowledge to manage credit risk exposure.
  • Manage accounting operations, accounting close, account reporting and reconciliations.
  • Show more

Investment banking analyst example responsibilities.

  • Organize and maintain client leads in SalesForce.
  • Used SQL language to manipulate, extract and manage financial and customer data.
  • Manage financial operations such as account management, book keeping, wire transfers, and transaction, position reconciliations.
  • Manage ongoing maintenance of prospective investor pipeline using SalesForce software.
  • Manage trade executions and broker relationships for all portfolio positions across several banks, prime brokerage accounts and electronic commodities exchanges.
  • Perform valuation analyses including DCF, public trading comparison, and precedent transaction comparisons.
  • Show more

Credit analyst vs investment banking analyst skills

Common credit analyst skills
  • Customer Service, 12%
  • Credit Analysis, 7%
  • Customer Accounts, 4%
  • Real Estate, 4%
  • Credit Risk, 4%
  • Strong Analytical, 4%
Common investment banking analyst skills
  • Financial Models, 12%
  • Discounted Cash Flow, 9%
  • Healthcare, 5%
  • Capital Markets, 5%
  • Private Equity, 4%
  • PowerPoint, 4%

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