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Entry-Level Credit Analyst in Indianapolis, IN

Entry-Level Credit Analyst Job Description

Entry-level credit analysts support financial institutions and corporations by evaluating credit data and financial statements to assess risk and determine creditworthiness. These professionals play a key role in helping organizations make informed lending decisions and managing financial exposure.

Typical entry-level credit analyst duties:

Reviewing financial statements, credit reports and payment historiesAssisting in the preparation of credit risk assessments and recommendationsSupporting senior analysts in evaluating loan applications and credit limitsMonitoring existing accounts for changes in financial status or risk indicatorsMaintaining accurate records and documentation for compliance and reportingCommunicating with internal teams and external clients to gather financial dataUsing financial modeling tools to support credit analysisStaying informed on industry trends, market conditions and regulatory updates

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Salary for Entry-Level Credit Analyst in Indianapolis, IN
49470 - 77600
Low
49470
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
60868
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
77600
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 Credit Analyst 57473 70810 82208

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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.