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Occupational Employment Statistics
DETAILED OCCUPATION DATA
13-2041 Credit Analysts
Occupational Description:
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.
Occupational Employment Statistics(OES) Wage Data
First Quarter 2020
Geography
Employment
Emp SE*
Percentiles
Mean
10th
25th
Median
75th
90th
Southeast Minnesota
150
59
$34.61/hr
$22.15/hr
$27.82/hr
$34.38/hr
$38.59/hr
$47.82/hr
Leading Industries for Credit Analysts
Industry
OES Employment (Statewide)
OES Median Wage (Statewide)
Manufacturing
80
$31.87/hr
Trade, Transportation and Utilities
210
$34.85/hr
Information
N/A
N/A
Financial Activities
1,260
$36.20/hr
Professional and Business Services
460
$37.50/hr
Education and Health Services
N/A
N/A
Public Administration
N/A
N/A
Other Regional Data for Credit Analysts
Geography
Employment
Median Wage
Projections
% Change 2016-2026
Grand Forks ND-MN MSA
N/A
N/A
N/A
Northeast Balance of State
N/A
N/A
N/A
Southeast Balance of State
N/A
$32.60/hr
N/A
Northeast Minnesota
30
$29.39/hr
-7.4%
Duluth MN-WI MSA
30
$30.28/hr
N/A
La Crosse WI-MN MSA
40
$24.70/hr
N/A
Mankato-North Mankato MN MSA
50
$30.49/hr
N/A
Rochester MN MSA
50
$35.26/hr
N/A
Southwest Balance of State
80
$31.76/hr
N/A
Fargo ND-MN MSA
90
$30.76/hr
N/A
Northwest Balance of State
90
$31.04/hr
N/A
Northwest Minnesota
100
$31.13/hr
5.0%
Southwest Minnesota
130
$29.47/hr
5.7%
Southeast Minnesota
150
$34.38/hr
0.6%
St Cloud MN MSA
150
$29.15/hr
N/A
Central Minnesota
230
$30.10/hr
5.0%
Seven County Mpls-St Paul, MN
1,420
$38.59/hr
8.2%
Minneapolis-St Paul-Bloomington MN-WI MSA
1,490
$38.25/hr
N/A
Minnesota
2,080
$36.21/hr
6.5%
Related Occupations
Occupations
Employment
Median Wage
Projections
% Change 2016-2026
Securities, Commodities, and Financial Services Sales Agents
9,240
$41.58/hr
4.0%
Accountants and Auditors
23,210
$33.06/hr
9.4%
Tax Preparers
1,350
$26.02/hr
10.7%
Insurance Underwriters
1,750
$35.09/hr
-8.4%
Loan Interviewers and Clerks
5,760
$20.35/hr
6.3%
Financial Examiners
1,660
$41.38/hr
7.0%
Tax Examiners and Collectors, and Revenue Agents
1,170
$28.87/hr
2.6%
Budget Analysts
510
$37.15/hr
7.3%
Brokerage Clerks
2,050
$24.24/hr
1.6%
Loan Officers
8,550
$35.96/hr
8.1%
Task for Credit Analysts
Review individual or commercial customer files to identify and select delinquent accounts for collection.
Prepare reports that include the degree of risk involved in extending credit or lending money.
Consult with customers to resolve complaints and verify financial and credit transactions.
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.
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.
Generate financial ratios, using computer programs, to evaluate customers' financial status.
Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
Consult with customers to resolve complaints and verify financial and credit transactions.