Escrow representative vs credit analyst

The differences between escrow representatives and credit analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both an escrow representative and a credit analyst. Additionally, a credit analyst has an average salary of $61,422, which is higher than the $52,342 average annual salary of an escrow representative.

The top three skills for an escrow representative include customer service, property taxes and RESPA. The most important skills for a credit analyst are customer service, credit analysis, and customer accounts.

Escrow representative vs credit analyst overview

	Escrow Representative	Credit Analyst
Yearly salary	$52,342	$61,422
Hourly rate	$25.16	$29.53
Growth rate	4%	-5%
Number of jobs	1,624	16,406
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 65%
Average age	39	39
Years of experience	2	2

Escrow representative vs credit analyst salary

Escrow representatives and credit analysts have different pay scales, as shown below.

	Escrow Representative	Credit Analyst
Average salary	$52,342	$61,422
Salary range	Between $39,000 And $70,000	Between $40,000 And $93,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Apollo Global Management
Best paying industry	-	Finance

Differences between escrow representative and credit analyst education

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

	Escrow Representative	Credit Analyst
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 65%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Escrow representative vs credit analyst demographics

Here are the differences between escrow representatives' and credit analysts' demographics:

	Escrow Representative	Credit Analyst
Average age	39	39
Gender ratio	Male, 31.9% Female, 68.1%	Male, 44.2% Female, 55.8%
Race ratio	Black or African American, 6.5% Unknown, 2.8% Hispanic or Latino, 10.6% Asian, 10.7% White, 69.1% American Indian and Alaska Native, 0.3%	Black 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%
LGBT Percentage	11%	11%

Differences between escrow representative and credit analyst duties and responsibilities

Escrow representative example responsibilities.

Conduct in-services on managing patients with chemotherapy-induce anemia to nursing staff at inpatient and outpatient facilities, providing treatment algorithms.
Train to immediately recognize various commercial and government plans and redirect patients, as necessary, to correct medical facility.
Manage escrow department for title insurance company.

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.

Escrow representative vs credit analyst skills

Common escrow representative skills

Customer Service, 30%
Property Taxes, 12%
RESPA, 11%
Residential Loans, 11%
FHA, 10%
Account Numbers, 6%

Common credit analyst skills

Customer Service, 12%
Credit Analysis, 7%
Customer Accounts, 4%
Real Estate, 4%
Credit Risk, 4%
Strong Analytical, 4%