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Entry-Level Credit Analyst in St. Cloud, MN

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 St. Cloud, MN
45900 - 72000
Low
45900
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
56475
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
72000
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 161100 193275 231075 Vice President of Banking and Financial Markets 124875 153000 180675 Portfolio Manager 95175 115425 140175 Business Development Officer 87075 110250 131625 Banking and Financial Markets Associate 81225 103500 115875 Banking and Financial Markets Analyst 54675 70650 81225 Banking Operations Specialist 37575 55800 80100 Commercial Lender 68625 83025 97875 Senior Credit Analyst 68850 84825 100350 Credit Analyst 53325 65700 76275

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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.