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Credit risk analyst salary
Average credit risk analyst salary
$85,376
Average Credit Risk Analyst Salary
The average salary for a Credit Risk Analyst is approximately $85,376 per year, equating to about $41 per hour. This figure can fluctuate based on a variety of factors including geographic location, years of experience, and the specific sector of employment.
Factors Affecting Salary
Experience plays a significant role in determining salary; entry-level analysts may earn less than those with several years in the field. Additionally, analysts in financial hubs such as New York or California typically report higher salaries compared to those in less densely populated areas.
Highest Paying States
Top-paying states for Credit Risk Analysts include:
- California
- New York
- Texas
- Illinois
- Florida
Understanding the dynamics of salary ranges within these states can assist job seekers in negotiating better compensation packages. Regularly reviewing salary data and trends will provide valuable insights for making informed career decisions.
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Where can a Credit Risk Analyst earn more?
Credit risk analyst salary estimates from across the web
Average credit risk analyst salary by state
The highest-paying states for credit risk analysts are New York, California, and Pennsylvania. The lowest average credit risk analyst salary states are Oklahoma, Missouri, and Louisiana.
- State view
- County view
Highest paying states for credit risk analysts
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $106,565 | $51.23 |
| 2 | North Carolina | $93,423 | $44.91 |
| 3 | District of Columbia | $97,304 | $46.78 |
| 4 | Connecticut | $92,758 | $44.60 |
| 5 | Virginia | $90,959 | $43.73 |
| 6 | California | $95,651 | $45.99 |
| 7 | Pennsylvania | $95,623 | $45.97 |
| 8 | Delaware | $84,738 | $40.74 |
| 9 | New Jersey | $88,446 | $42.52 |
| 10 | Nevada | $90,473 | $43.50 |
| 11 | Massachusetts | $87,130 | $41.89 |
| 12 | New Hampshire | $93,099 | $44.76 |
| 13 | Oregon | $89,989 | $43.26 |
| 14 | Maryland | $87,776 | $42.20 |
| 15 | Wyoming | $89,973 | $43.26 |
| 16 | Vermont | $91,531 | $44.01 |
| 17 | Alabama | $84,483 | $40.62 |
| 18 | Michigan | $80,662 | $38.78 |
| 19 | Rhode Island | $85,126 | $40.93 |
| 20 | Ohio | $78,924 | $37.94 |
| 21 | Washington | $82,673 | $39.75 |
| 22 | Texas | $75,335 | $36.22 |
| 23 | Florida | $77,765 | $37.39 |
| 24 | Colorado | $76,473 | $36.77 |
| 25 | West Virginia | $80,648 | $38.77 |
| 26 | Maine | $79,154 | $38.05 |
| 27 | Arizona | $73,679 | $35.42 |
| 28 | Illinois | $73,022 | $35.11 |
| 29 | Iowa | $75,776 | $36.43 |
| 30 | Kansas | $73,688 | $35.43 |
| 31 | North Dakota | $71,753 | $34.50 |
| 32 | Hawaii | $75,418 | $36.26 |
| 33 | Montana | $73,556 | $35.36 |
| 34 | Minnesota | $71,852 | $34.54 |
| 35 | South Dakota | $71,785 | $34.51 |
| 36 | Kentucky | $72,285 | $34.75 |
| 37 | Indiana | $69,156 | $33.25 |
| 38 | Alaska | $68,563 | $32.96 |
| 39 | South Carolina | $72,246 | $34.73 |
| 40 | Nebraska | $68,494 | $32.93 |
| 41 | Wisconsin | $68,449 | $32.91 |
| 42 | Georgia | $65,455 | $31.47 |
| 43 | Missouri | $62,181 | $29.89 |
| 44 | Utah | $60,494 | $29.08 |
| 45 | Arkansas | $62,769 | $30.18 |
| 46 | New Mexico | $66,203 | $31.83 |
| 47 | Mississippi | $63,311 | $30.44 |
| 48 | Oklahoma | $62,523 | $30.06 |
| 49 | Louisiana | $60,656 | $29.16 |
| 50 | Tennessee | $59,882 | $28.79 |
| 51 | Idaho | $58,957 | $28.34 |
Highest paying cities for credit risk analysts
The highest-paying cities for credit risk analysts are New York, NY, San Francisco, CA, and Washington, DC.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $106,688 | $51.29 |
| 2 | San Francisco, CA | $102,027 | $49.05 |
| 3 | Washington, DC | $97,309 | $46.78 |
| 4 | Stamford, CT | $92,847 | $44.64 |
| 5 | Charlotte, NC | $92,226 | $44.34 |
| 6 | McLean, VA | $90,894 | $43.70 |
| 7 | Tigard, OR | $89,492 | $43.02 |
| 8 | Las Vegas, NV | $89,462 | $43.01 |
| 9 | Jersey City, NJ | $88,551 | $42.57 |
| 10 | Boston, MA | $87,059 | $41.86 |
| 11 | Wilmington, DE | $84,788 | $40.76 |
| 12 | Seattle, WA | $83,017 | $39.91 |
| 13 | Cleveland, OH | $79,867 | $38.40 |
| 14 | Tampa, FL | $78,759 | $37.86 |
| 15 | Centennial, CO | $76,451 | $36.76 |
| 16 | San Antonio, TX | $75,541 | $36.32 |
| 17 | Glendale, AZ | $73,804 | $35.48 |
| 18 | Overland Park, KS | $73,659 | $35.41 |
| 19 | Chicago, IL | $73,249 | $35.22 |
| 20 | Spartanburg, SC | $72,253 | $34.74 |
Credit risk analyst salary details
A credit risk analyst's salary ranges from $62,000 a year at the 10th percentile to $116,000 at the 90th percentile.
What is a credit risk analyst's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $116,000 | $9,667 | $56 |
| 75th Percentile | $100,000 | $8,333 | $48 |
| Average | $85,376 | $7,115 | $41 |
| 25th Percentile | $72,000 | $6,000 | $35 |
| 10th Percentile | $62,000 | $5,167 | $30 |
Highest paying credit risk analyst jobs
The highest paying types of credit risk analysts are credit negotiator, credit officer, and investigative analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Credit Representative | $39,268 | $3,272 | $18.88 | 73,520 |
| Credit Officer | $129,478 | $10,790 | $62.25 | 60,323 |
| Loan Analyst | $37,857 | $3,155 | $18.20 | 24,756 |
| Analyst | $73,007 | $6,084 | $35.10 | 253,138 |
| Credit Administrator | $59,271 | $4,939 | $28.50 | 55,726 |
| Mortgage Analyst | $32,763 | $2,730 | $15.75 | 22,208 |
Top companies hiring credit risk analysts now:
Which companies pay credit risk analysts the most?
Credit risk analyst salaries at Western Alliance Bank and Macy's are the highest-paying according to our most recent salary estimates. In addition, the average credit risk analyst salary at companies like HSBC Bank and Blackstone Group are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Western Alliance Bank | $109,654 | $52.72 |
| 2 | Macy's | $105,306 | $50.63 |
| 3 | HSBC Bank | $104,085 | $50.04 |
| 4 | Blackstone Group | $102,971 | $49.51 |
| 5 | Santander Private Banking International | $101,251 | $48.68 |
| 6 | Nordstrom | $101,030 | $48.57 |
| 7 | MUFG EMEA | $100,946 | $48.53 |
| 8 | UBS | $99,997 | $48.08 |
| 9 | SoFi | $99,661 | $47.91 |
| 10 | Sumitomo Mitsui Financial Group | $97,204 | $46.73 |
| 11 | Deutsche Bank | $96,528 | $46.41 |
| 12 | J.P. Morgan | $96,477 | $46.38 |
| 13 | PepsiCo | $95,601 | $45.96 |
| 14 | Nomura Securities | $95,574 | $45.95 |
| 15 | Federal Reserve Bank | $95,238 | $45.79 |
| 16 | Silicon Valley Bank | $95,169 | $45.75 |
| 17 | BNP Paribas | $95,027 | $45.69 |
| 18 | NRG Energy | $94,622 | $45.49 |
| 19 | Harley-Davidson | $94,464 | $45.42 |
| 20 | Morgan Stanley | $94,236 | $45.31 |
Wage gap by gender, race and education
Credit risk analyst salary trends
The average credit risk analyst salary has risen by $16,217 over the last ten years. In 2014, the average credit risk analyst earned $69,159 annually, but today, they earn $85,376 a year. That works out to a 7% change in pay for credit risk analysts over the last decade.
Compare credit risk analyst salaries for cities or states with the national average over time.
Average credit risk analyst salary over time
Compare credit risk analyst salaries for individual cities or states with the national average.
Credit risk analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $85,400 | $41.05 | +1.8% |
| 2025 | $83,900 | $40.32 | +2.9% |
| 2024 | $81,400 | $39.16 | +0.3% |
| 2023 | $81,200 | $39.03 | +1.9% |
| 2022 | $79,600 | $38.29 | +0.4% |
Recently added credit risk analyst salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Citizens Financial Group | Credit Risk SR Professional-Home Equity | Boston, MA | 06/29/2025 | $143,705 |
| Lennox International | Credit Risk Analyst | Richardson, TX | 06/29/2025 | $62,000 |
| Intuit | Senior Credit Risk Analyst | Mountain View, CA | 06/28/2025 | $144,000 |
| Citizens | Credit Risk SR Professional-Home Equity | Charlotte, NC | 06/28/2025 | $143,705 |
| Citizens Financial Group, Inc. | Credit Risk SR Professional-Home Equity | Charlotte, NC | 06/27/2025 | $143,705 |
| Citizens | Credit Risk SR Professional-Home Equity | Boston, MA | 06/27/2025 | $143,705 |
| Citizens | Credit Risk SR Professional-Home Equity | Johnston, RI | 06/27/2025 | $143,705 |
| Citizens | Credit Risk SR Professional-Home Equity | New York, NY | 06/27/2025 | $143,705 |
| S3 | Credit Risk Analyst | Salt Lake City, UT | 06/27/2025 | $48,001 |
| Citizens Financial Group, Inc. | Credit Risk SR Professional-Home Equity | New York, NY | 06/26/2025 | $143,705 |
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