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The differences between credit assistants and commercial analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a credit assistant and a commercial analyst. Additionally, a commercial analyst has an average salary of $83,036, which is higher than the $33,741 average annual salary of a credit assistant.
The top three skills for a credit assistant include data entry, financial statements and customer service. The most important skills for a commercial analyst are portfolio, data analysis, and financial statements.
| Credit Assistant | Commercial Analyst | |
| Yearly salary | $33,741 | $83,036 |
| Hourly rate | $16.22 | $39.92 |
| Growth rate | -5% | 9% |
| Number of jobs | 5,294 | 54,953 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 72% |
| Average age | 39 | 39 |
| Years of experience | 2 | 2 |
A credit assistant is responsible for processing credit requests and assisting customers. They usually answer inquiries, explain procedures, provide instructions, and deal with customer concerns. In some companies, a credit assistant is also in charge of providing support to managers, supervisors, or investigators by preparing and processing documents, handling calls and correspondence, arranging appointments, and coordinating with different departments. They may also participate in training new employees.
A commercial analyst is responsible for evaluating the performance of business operations in the market, including consumer demands and sales analysis. Commercial analysts monitor the market trends, identifying business opportunities that would generate more revenue resources for the business, as well as developing strategic approaches to attract potential clients and maintain long-lasting business relationships. They also manage the company's financial stability, reviewing competitors' activities, and recommending methods to maximize production operations and achieve the highest customer satisfaction.
Credit assistants and commercial analysts have different pay scales, as shown below.
| Credit Assistant | Commercial Analyst | |
| Average salary | $33,741 | $83,036 |
| Salary range | Between $26,000 And $43,000 | Between $60,000 And $114,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | California | New York |
| Best paying company | Carter Lumber | Meta |
| Best paying industry | Finance | Energy |
There are a few differences between a credit assistant and a commercial analyst in terms of educational background:
| Credit Assistant | Commercial Analyst | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between credit assistants' and commercial analysts' demographics:
| Credit Assistant | Commercial Analyst | |
| Average age | 39 | 39 |
| Gender ratio | Male, 20.4% Female, 79.6% | Male, 53.2% Female, 46.8% |
| Race ratio | Black or African American, 7.9% Unknown, 2.7% Hispanic or Latino, 9.7% Asian, 10.7% White, 68.7% American Indian and Alaska Native, 0.3% | Black or African American, 8.1% Unknown, 2.7% Hispanic or Latino, 9.7% Asian, 10.7% White, 68.5% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |