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Junior Credit Analyst

Junior Credit Analyst Job Description

A Junior Credit Analyst is an entry-level professional who provides essential support to the credit analysis team, assisting in evaluating the creditworthiness of individuals or businesses. This role involves gathering and organizing financial data, performing basic financial calculations, and helping to prepare initial credit reports. This position requires strong analytical aptitude, meticulous attention to detail, and proficiency in Microsoft Excel. A Bachelor's Degree in Finance, Accounting, Economics, Business Administration, or a related field is essential, with a keen interest in financial analysis and risk management. A foundational understanding of Canadian credit processes and financial instruments is key, coupled with a strong eagerness to learn and grow within the credit industry.

Typical junior credit analyst duties:

Assist in collecting and organizing financial information and documentation for credit applications.Perform basic financial calculations and data entry for credit analysis.Support the preparation of initial credit reports and summaries.Help monitor existing client accounts for early signs of credit risk.Maintain accurate credit files and ensure documentation is complete.Collaborate with the credit team to learn about credit policies and procedures.Conduct basic industry and market research to support credit assessments.Assist in reconciling accounts and resolving minor credit-related discrepancies.

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Salary for Junior Credit Analyst
52250 - 79000
Low
52250
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
65250
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
79000
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Managing Director 163750 190750 224750 VP of Banking and Financial Markets 152250 176250 207000 Portfolio Manager 120750 147250 179250 Banking and Financial Markets Associate 91500 104500 122000 Banking and Financial Markets Analyst 82750 92750 108750 Senior Credit Analyst 78500 91000 120250 Credit Analyst 65000 77250 98000 Commercial Lender 74250 88000 99750

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.