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Credit Analyst in Indianapolis, IN

Credit Analyst Job Description

Credit analysts must have a high degree of technical competence and the ability to work independently. Strong quantitative skills and familiarity with statistics are needed, as is expertise with Excel, financial modeling and financial statement review. Credit analysts must have at least two to three years of experience working in a quantitative and analyst capacity. A bachelor’s degree in finance, economics, accounting, mathematics or physics is required; a master’s degree is preferred. A certification such as the CFA is a plus.

Typical credit analyst duties:

Analyzing existing and potential loansPresenting recommendations to senior management and credit committeesProviding written loan approvals, and modifying and restructuring existing loans with loan officersCreating financial projectionsMaintaining various financial databasesAssembling and synthesizing data needed to run risk management models

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Salary for Credit Analyst in Indianapolis, IN
57473 - 82208
Low
57473
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
70810
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
82208
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/Partner 173630 208308 249048 Vice President of Banking and Financial Markets 134588 164900 194728 Portfolio Manager 102578 124403 151078 Business Development Officer 93848 118825 141863 Banking and Financial Markets Associate 87543 111550 124888 Banking and Financial Markets Analyst 58928 76145 87543 Banking Operations Specialist 40498 60140 86330 Commercial Lender 73963 89483 105488 Senior Credit Analyst 74205 91423 108155 Entry-Level Credit Analyst 49470 60868 77600

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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.