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 decisionmaking.
- O*NET-SOC code
13-2041.00 - Preparation Job Zone Four: Considerable Preparation Needed
Wages
Median annual wage, U.S.$83,510
Employment, U.S.64,390
Median hourly wage$40.15
| 10th | 25th | Median | 75th | 90th |
|---|---|---|---|---|
| $56,250 | $65,210 | $83,510 | $122,460 | $169,230 |
By state (51)
| State | Employment | Median annual | Location quotient |
|---|---|---|---|
| Alabama | 370 | $79,970 | 0.42 |
| Alaska | 40 | $81,340 | 0.27 |
| Arizona | 2,260 | $77,020 | 1.68 |
| Arkansas | 300 | $71,370 | 0.56 |
| California | 5,260 | $97,860 | 0.70 |
| Colorado | 870 | $81,270 | 0.73 |
| Connecticut | 560 | $98,230 | 0.80 |
| Delaware | 720 | $94,680 | 3.57 |
| District of Columbia | 50 | $132,590 | 0.16 |
| Florida | 4,040 | $78,360 | 0.98 |
| Georgia | 1,790 | $77,990 | 0.88 |
| Hawaii | 130 | $98,900 | 0.51 |
| Idaho | 330 | $79,650 | 0.92 |
| Illinois | 3,130 | $84,990 | 1.24 |
| Indiana | 860 | $62,660 | 0.65 |
| Iowa | 480 | $76,760 | 0.74 |
| Kansas | 520 | $73,120 | 0.87 |
| Kentucky | 370 | $79,290 | 0.44 |
| Louisiana | 290 | $73,210 | 0.36 |
| Maine | 280 | $81,750 | 1.05 |
| Maryland | 700 | $75,390 | 0.61 |
| Massachusetts | 1,400 | $97,080 | 0.93 |
| Michigan | 1,510 | $74,640 | 0.83 |
| Minnesota | 1,110 | $82,630 | 0.91 |
| Mississippi | 280 | $74,880 | 0.58 |
| Missouri | 1,160 | $65,350 | 0.96 |
| Montana | 190 | $74,650 | 0.92 |
| Nebraska | 510 | $79,730 | 1.20 |
| Nevada | 390 | $73,090 | 0.61 |
| New Hampshire | 230 | $77,980 | 0.82 |
| New Jersey | 1,220 | $100,940 | 0.69 |
| New Mexico | 90 | $72,160 | 0.26 |
| New York | 7,960 | $133,270 | 1.98 |
| North Carolina | 3,270 | $94,570 | 1.60 |
| North Dakota | 300 | $74,810 | 1.67 |
| Ohio | 2,790 | $79,720 | 1.21 |
| Oklahoma | 550 | $75,330 | 0.78 |
| Oregon | 650 | $80,380 | 0.80 |
| Pennsylvania | 1,930 | $80,280 | 0.77 |
| Rhode Island | 160 | $85,920 | 0.76 |
| South Carolina | 690 | $77,530 | 0.72 |
| South Dakota | 430 | $73,040 | 2.28 |
| Tennessee | 1,480 | $72,550 | 1.09 |
| Texas | 6,130 | $78,730 | 1.05 |
| Utah | 750 | $74,430 | 1.04 |
| Vermont | 90 | $71,220 | 0.71 |
| Virginia | 2,460 | $102,430 | 1.45 |
| Washington | 1,280 | $91,160 | 0.87 |
| West Virginia | 220 | $57,320 | 0.74 |
| Wisconsin | 1,770 | $68,690 | 1.45 |
| Wyoming | 40 | $62,210 | 0.38 |
Similar occupations
Similarity is our measure: the cosine of importance x level over all 120 O*NET skills, knowledge areas and abilities. It is not an O*NET finding. More.
Circles are the 20 most similar occupations, coloured by Job Zone. Lines join pairs where one is among the other's 10 most similar; darker lines are pairs O*NET also lists as related. Drag a circle to move it out of the way; select one to open it.
| # | Occupation | Job Zone | Similarity |
|---|---|---|---|
| 1 | Budget Analysts | 4 | 0.972 |
| 2 | Accountants and Auditors | 4 | 0.971 |
| 3 | Actuaries | 4 | 0.966 |
| 4 | Investment Fund Managers | 5 | 0.965 |
| 5 | Financial Examiners | 4 | 0.965 |
| 6 | Economists | 5 | 0.957 |
| 7 | Tax Preparers | 3 | 0.956 |
| 8 | Treasurers and Controllers | 4 | 0.956 |
| 9 | Tax Examiners and Collectors, and Revenue Agents | 3 | 0.953 |
| 10 | Personal Financial Advisors | 4 | 0.952 |
One skill away
Among the 50 occupations most similar to Credit Analysts, those at the same Job Zone or lower, where exactly one skill rated at least 3 in importance needs a level more than 0.75 points higher (on O*NET's 0-7 level scale). Our definition. Change the thresholds.
| Occupation | Skill to build | Level gap | Similarity |
|---|---|---|---|
| Budget Analysts | Management of Financial Resources | 2.00 | 0.972 |
| Compensation, Benefits, and Job Analysis Specialists | Persuasion | 0.88 | 0.933 |
| Claims Adjusters, Examiners, and Investigators | Monitoring | 0.88 | 0.925 |
| Bill and Account Collectors | Persuasion | 1.12 | 0.925 |
| Social Science Research Assistants | Science | 3.00 | 0.922 |
| Credit Counselors | Persuasion | 1.12 | 0.921 |
Software to learn next
Software used by at least 3 of the 20 occupations most similar to Credit Analysts, excluding software Credit Analysts already lists and any you named. Ranked by how many of them use it, weighted by how much more common it is among them than across all occupations (lift). Our ranking.
| Software | Similar jobs using it | Lift |
|---|---|---|
| Fund accounting software | 8 of 20 | 10.3x |
| Microsoft Access | 20 of 20 | 2.5x |
| Microsoft Power BI | 7 of 20 | 12.9x |
| Oracle Hyperion | 8 of 20 | 7.2x |
| Tableau | 9 of 20 | 5.7x |
| Oracle PeopleSoft Financials | 7 of 20 | 7.9x |
| Oracle E-Business Suite Financials | 7 of 20 | 7.2x |
| R | 9 of 20 | 4.1x |
| Tax software | 6 of 20 | 8.1x |
| Insightful S-PLUS | 5 of 20 | 12.1x |
Skills
From O*NET data. Importance is rated 1 to 5 and level 0 to 7.
| Skill | Type | Importance | Level |
|---|---|---|---|
| Critical Thinking | Essential skill | 3.88 | 4.00 |
| Reading Comprehension | Essential skill | 3.62 | 4.00 |
| Speaking | Essential skill | 3.62 | 4.00 |
| Active Learning | Essential skill | 3.62 | 3.62 |
| Active Listening | Essential skill | 3.50 | 4.00 |
| Mathematics | Essential skill | 3.38 | 4.12 |
| Writing | Essential skill | 3.12 | 3.88 |
| Judgment and Decision Making | Transferable skill | 3.12 | 3.75 |
| Complex Problem Solving | Transferable skill | 3.00 | 3.00 |
| Monitoring | Essential skill | 3.00 | 3.00 |
| Service Orientation | Transferable skill | 3.00 | 3.00 |
| Time Management | Transferable skill | 3.00 | 3.00 |
| Social Perceptiveness | Transferable skill | 3.00 | 2.88 |
| Systems Evaluation | Transferable skill | 2.75 | 3.12 |
| Systems Analysis | Transferable skill | 2.75 | 3.00 |
| Coordination | Transferable skill | 2.62 | 2.50 |
| Operations Analysis | Transferable skill | 2.50 | 2.38 |
| Negotiation | Transferable skill | 2.38 | 2.75 |
| Learning Strategies | Essential skill | 2.38 | 2.50 |
| Persuasion | Transferable skill | 2.38 | 2.50 |
| Instructing | Transferable skill | 2.12 | 2.38 |
| Management of Financial Resources | Transferable skill | 2.00 | 1.88 |
| Management of Personnel Resources | Transferable skill | 2.00 | 1.88 |
| Operations Monitoring | Transferable skill | 1.75 | 1.00 |
| Management of Material Resources | Transferable skill | 1.75 | 0.88 |
| Programming | Transferable skill | 1.62 | 1.00 |
| Quality Control Analysis | Transferable skill | 1.62 | 0.75 |
| Science | Essential skill | 1.38 | 0.38 |
| Operation and Control | Transferable skill | 1.25 | not rated |
| Equipment Maintenance | Transferable skill | 1.00 | not rated |
| Equipment Selection | Transferable skill | 1.00 | not rated |
| Installation | Transferable skill | 1.00 | not rated |
| Repairing | Transferable skill | 1.00 | not rated |
| Technology Design | Transferable skill | 1.00 | not rated |
| Troubleshooting | Transferable skill | 1.00 | not rated |
Knowledge (33) and abilities (52)
| Name | Importance | Level |
|---|---|---|
| Economics and Accounting | 4.50 | 5.20 |
| Mathematics | 3.90 | 4.75 |
| English Language | 3.90 | 4.20 |
| Law and Government | 3.28 | 3.75 |
| Administrative | 3.00 | 4.15 |
| Computers and Electronics | 2.85 | 3.00 |
| Customer and Personal Service | 2.85 | 2.75 |
| Administration and Management | 2.80 | 2.95 |
| Production and Processing | 2.15 | 2.00 |
| Education and Training | 2.10 | 2.05 |
| Sales and Marketing | 2.05 | 2.05 |
| Communications and Media | 2.05 | 1.60 |
| Geography | 1.80 | 1.75 |
| Building and Construction | 1.80 | 1.15 |
| Public Safety and Security | 1.80 | 1.05 |
| Personnel and Human Resources | 1.60 | 1.60 |
| Telecommunications | 1.58 | 0.50 |
| Sociology and Anthropology | 1.55 | 1.10 |
| History and Archeology | 1.50 | 0.90 |
| Psychology | 1.45 | 0.70 |
| Design | 1.30 | not rated |
| Philosophy and Theology | 1.30 | not rated |
| Engineering and Technology | 1.30 | 0.90 |
| Medicine and Dentistry | 1.25 | not rated |
| Transportation | 1.25 | not rated |
| Foreign Language | 1.20 | not rated |
| Mechanical | 1.15 | not rated |
| Physics | 1.10 | not rated |
| Therapy and Counseling | 1.10 | not rated |
| Biology | 1.05 | not rated |
| Chemistry | 1.05 | not rated |
| Fine Arts | 1.05 | not rated |
| Food Production | 1.05 | not rated |
| Name | Importance | Level |
|---|---|---|
| Oral Expression | 4.00 | 4.12 |
| Inductive Reasoning | 3.88 | 4.12 |
| Oral Comprehension | 3.88 | 4.12 |
| Written Comprehension | 3.88 | 4.12 |
| Deductive Reasoning | 3.75 | 4.50 |
| Number Facility | 3.75 | 4.38 |
| Mathematical Reasoning | 3.75 | 4.12 |
| Problem Sensitivity | 3.75 | 4.00 |
| Near Vision | 3.62 | 4.25 |
| Information Ordering | 3.62 | 3.62 |
| Written Expression | 3.38 | 4.00 |
| Speech Recognition | 3.25 | 3.50 |
| Category Flexibility | 3.12 | 3.50 |
| Speech Clarity | 3.12 | 3.12 |
| Flexibility of Closure | 3.00 | 3.12 |
| Perceptual Speed | 3.00 | 3.12 |
| Fluency of Ideas | 2.88 | 2.88 |
| Selective Attention | 2.88 | 2.88 |
| Speed of Closure | 2.75 | 2.88 |
| Originality | 2.62 | 2.62 |
| Memorization | 2.38 | 2.38 |
| Far Vision | 2.00 | 2.12 |
| Time Sharing | 2.00 | 2.00 |
| Finger Dexterity | 2.00 | 1.75 |
| Visualization | 1.88 | 1.75 |
| Auditory Attention | 1.75 | 1.50 |
| Visual Color Discrimination | 1.75 | 1.50 |
| Hearing Sensitivity | 1.62 | 1.12 |
| Arm-Hand Steadiness | 1.62 | 0.75 |
| Manual Dexterity | 1.62 | 0.62 |
| Trunk Strength | 1.50 | 1.00 |
| Control Precision | 1.38 | 0.50 |
| Depth Perception | 1.38 | 0.38 |
| Wrist-Finger Speed | 1.25 | not rated |
| Dynamic Flexibility | 1.00 | not rated |
| Dynamic Strength | 1.00 | not rated |
| Explosive Strength | 1.00 | not rated |
| Extent Flexibility | 1.00 | not rated |
| Glare Sensitivity | 1.00 | not rated |
| Gross Body Coordination | 1.00 | not rated |
| Gross Body Equilibrium | 1.00 | not rated |
| Multilimb Coordination | 1.00 | not rated |
| Night Vision | 1.00 | not rated |
| Peripheral Vision | 1.00 | not rated |
| Rate Control | 1.00 | not rated |
| Reaction Time | 1.00 | not rated |
| Response Orientation | 1.00 | not rated |
| Sound Localization | 1.00 | not rated |
| Spatial Orientation | 1.00 | not rated |
| Speed of Limb Movement | 1.00 | not rated |
| Stamina | 1.00 | not rated |
| Static Strength | 1.00 | not rated |
Software used
Examples from O*NET data. "Hot" and "in demand" are O*NET flags for technologies often listed in job postings.
- Microsoft Excel in demand
- Microsoft Office software in demand
- Microsoft Outlook in demand
- Microsoft PowerPoint in demand
- Microsoft Word in demand
- Microsoft SQL Server hot
- Microsoft Visual Basic hot
- Microsoft Visual Basic for Applications VBA hot
- Python hot
- SAP software hot
- SAS hot
- Structured query language SQL hot
- CGI-AMS BureauLink Enterprise
- CGI-AMS CACS Enterprise
- CGI-AMS Strata
- Credit adjudication and lending management system CALMS
- Credit and risk analysis software
- Credit fraud detection software
- Dun and Bradstreet Global DecisionMaker
- Equifax Advanced Decisioning
- Equifax Application Engine
- Equifax InterConnect
- Experian Credinomics
- Experian Detect
- Experian FraudShield
- Experian Quest
- Experian Retention Triggers
- Experian Strategy Management
- Experian Transact SM
- Fair Isaac Application Risk Model Software
All 41
- Fair Isaac Capstone Decision Manager
- Fair Isaac Falcon ID
- Microsoft Dynamics
- Moody's KMV CreditEdge
- Moody's KMV Decisions
- Moody's KMV Financial Analyst
- Moody's KMV Risk Advisor
- Moody's KMV Risk Analyst
- Oracle Business Intelligence Enterprise Edition
- Oracle JD Edwards EnterpriseOne
- eCredit Enterprise
Where it concentrates
Metro areas ranked by BLS location quotient: the occupation's share of the area's jobs divided by its share of all US jobs. Above 1 means more concentrated than the nation. Metros employing fewer than 100 are left out.
| Metro area | Employment | Location quotient | Median annual |
|---|---|---|---|
| Charlotte-Concord-Gastonia, NC-SC | 2,190 | 3.90 | $100,640 |
| Columbia, MO | 120 | 2.70 | $63,790 |
| Sioux Falls, SD-MN | 200 | 2.70 | $66,000 |
| San Juan-Bayamon-Caguas, PR | 740 | 2.58 | $51,920 |
| Fargo, ND-MN | 150 | 2.44 | $83,720 |
| Columbus, OH | 1,060 | 2.31 | $80,500 |
| Buffalo-Cheektowaga, NY | 460 | 2.08 | $99,640 |
| Phoenix-Mesa-Chandler, AZ | 1,990 | 2.03 | $77,020 |
| Dallas-Fort Worth-Arlington, TX | 3,210 | 1.92 | $80,530 |
| New York-Newark-Jersey City, NY-NJ | 7,530 | 1.91 | $136,500 |