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Occupational Employment Statistics


DETAILED OCCUPATION DATA

13-2041 Credit Analysts



Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decision making.

Geography Click link for Career Profile EmploymentEmp SE*Percentiles
Mean10th25thMedian75th90th
Northeast Minnesota 408$30.85/hr$21.68/hr$24.31/hr$30.07/hr$37.80/hr$41.08/hr


IndustryOES Employment (Statewide)OES Median Wage (Statewide)
ConstructionN/AN/A
Manufacturing60$38.28/hr
Trade, Transportation and Utilities120$31.74/hr
Information40$39.07/hr
Financial Activities1,170$39.42/hr
Professional and Business Services350$40.64/hr
Leisure and HospitalityN/AN/A
 
Geography Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Grand Forks ND-MN MSA N/AN/AN/A
Northeast Balance of State N/AN/AN/A
La Crosse WI-MN MSA 30$30.28/hrN/A
Northeast Minnesota 40$30.07/hr2.9%
Duluth MN-WI MSA 40$30.62/hrN/A
Rochester MN MSA 40$31.74/hrN/A
Mankato-North Mankato MN MSA 50$30.62/hrN/A
Northwest Balance of State 60$31.16/hrN/A
Northwest Minnesota 70$31.16/hr-2.7%
Southwest Balance of State 90$37.57/hrN/A
Southeast Balance of State 100$32.19/hrN/A
Southeast Minnesota 120$32.19/hr-5.1%
Fargo ND-MN MSA 120$38.47/hrN/A
St Cloud MN MSA 120$30.73/hrN/A
Southwest Minnesota 130$31.39/hr-2.9%
Central Minnesota 180$30.73/hr-4.8%
Seven County Mpls-St Paul, MN 1,180$40.32/hr-6.4%
Minneapolis-St Paul-Bloomington MN-WI MSA 1,240$40.16/hrN/A
Minnesota 1,750$39.24/hr-5.3%


Occupations Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Accountants and Auditors 27,490$38.67/hr4.4%
Securities, Commodities, and Financial Services Sales Agents 7,530$40.46/hr6.7%
Loan Interviewers and Clerks 4,500$24.46/hr-2.0%
Financial Examiners N/A$41.17/hrN/A
Tax Preparers 1,360$28.17/hr1.7%
Tax Examiners and Collectors, and Revenue Agents 1,440$31.90/hr-2.5%
Insurance Underwriters 2,410$34.02/hr-5.5%
Budget Analysts 480$39.90/hr3.1%
Financial Managers 14,300$64.41/hr15.5%
Financial Specialists, All Other 1,780$37.77/hrN/A


  • Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
  • Prepare reports that include the degree of risk involved in extending credit or lending money.
  • Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
  • Evaluate customer records and recommend payment plans, based on earnings, savings data, payment history, and purchase activity.
  • Analyze financial data, such as income growth, quality of management, and market share to determine expected profitability of loans.
  • Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
  • Generate financial ratios, using computer programs, to evaluate customers' financial status.
  • Review individual or commercial customer files to identify and select delinquent accounts for collection.
  • Evaluate customer records and recommend payment plans, based on earnings, savings data, payment history, and purchase activity.
  • Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.