Post job

Credit assistant vs investigative analyst

The differences between credit assistants and investigative 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 assistant, becoming an investigative analyst takes usually requires 2-4 years. Additionally, an investigative analyst has an average salary of $125,975, 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 an investigative analyst are criminal justice, external stakeholders, and anti-money laundering.

Credit assistant vs investigative analyst overview

Credit AssistantInvestigative Analyst
Yearly salary$33,741$125,975
Hourly rate$16.22$60.56
Growth rate-5%3%
Number of jobs5,29428,703
Job satisfaction--
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 67%
Average age3944
Years of experience24

What does a credit assistant do?

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.

What does an investigative analyst do?

An investigative analyst is responsible for handling and resolving suspicious activities that pose risks for an organization's reputation and stability. Investigative analysts review incident reports, such as fraud and other law violations, strategizing on effective ways to minimize losses and prevent misconduct reoccurrence. They collect evidence, including documents and interviews, to support their claims and record their findings. An investigative analyst must be highly communicative and organizational, as well as the ability to keep and secure confidential information until further notice.

Credit assistant vs investigative analyst salary

Credit assistants and investigative analysts have different pay scales, as shown below.

Credit AssistantInvestigative Analyst
Average salary$33,741$125,975
Salary rangeBetween $26,000 And $43,000Between $102,000 And $154,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateCaliforniaMontana
Best paying companyCarter LumberMeta
Best paying industryFinanceProfessional

Differences between credit assistant and investigative analyst education

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

Credit AssistantInvestigative Analyst
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 67%
Most common majorBusinessCriminal Justice
Most common collegeUniversity of PennsylvaniaSUNY at Binghamton

Credit assistant vs investigative analyst demographics

Here are the differences between credit assistants' and investigative analysts' demographics:

Credit AssistantInvestigative Analyst
Average age3944
Gender ratioMale, 20.4% Female, 79.6%Male, 44.9% Female, 55.1%
Race ratioBlack 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, 11.9% Unknown, 5.0% Hispanic or Latino, 16.9% Asian, 2.8% White, 62.7% American Indian and Alaska Native, 0.7%
LGBT Percentage11%9%

Differences between credit assistant and investigative analyst duties and responsibilities

Credit assistant example responsibilities.

  • Manage accounting operations, accounting close, account reporting and reconciliations.
  • Research applicants and corporations utilizing OFAC, LEXIS/NEXIS, and FastData.
  • Pull customer's personal credit report and analyze (via Equifax).
  • Co-Organize department meetings and orchestrate / create all PowerPoint presentations.
  • Work on A/R and billing for a manufacturing company specializing in premium orthopedic, reconstructive and postoperative products.
  • Monitor Dunn and Bradstreet ratings.
  • Show more

Investigative analyst example responsibilities.

  • Manage a team responsible for an audit and complete overhaul of a lab after finding several critical HIPAA violations.
  • Manage reporting, investigating identity thefts, identifying account take over and AML, conducting compliance audits and account closures as needed
  • Manage the Medicaid provider exclusion and reinstatement monitoring and reporting activities to meet customer expectations and government requirements.
  • Provide QA oversight of corrective and preventive actions by reviewing and entering data into the CAPA system.
  • Increase focus on data privacy and breaches, HIPAA compliance, third-party due diligence and export controls.
  • Review ACH, wires and activity on accounts for suspicious activity.
  • Show more

Credit assistant vs investigative analyst skills

Common credit assistant skills
  • Data Entry, 10%
  • Financial Statements, 9%
  • Customer Service, 8%
  • Credit Card Payments, 6%
  • Past Due Accounts, 6%
  • Credit Applications, 5%
Common investigative analyst skills
  • Criminal Justice, 7%
  • External Stakeholders, 7%
  • Anti-Money Laundering, 7%
  • Identify Trends, 7%
  • Management System, 6%
  • Law Enforcement Agencies, 4%

Browse business and financial jobs