How much does a Commercial Credit Analyst II make in Connecticut? The average Commercial Credit Analyst II salary in Connecticut is $77,804 as of March 26, 2024, but the range typically falls between $67,879 and $89,176. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Commercial Credit Analyst II Salary | $58,842 | CT | March 26, 2024 |
25th Percentile Commercial Credit Analyst II Salary | $67,879 | CT | March 26, 2024 |
50th Percentile Commercial Credit Analyst II Salary | $77,804 | CT | March 26, 2024 |
75th Percentile Commercial Credit Analyst II Salary | $89,176 | CT | March 26, 2024 |
90th Percentile Commercial Credit Analyst II Salary | $99,530 | CT | March 26, 2024 |
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Commercial Credit Analyst II collects, reviews, and analyzes data to prepare a detailed credit analysis that evaluates the terms and creditworthiness of commercial loan applications. Uses multiple sources of information, including financial statements, collateral appraisals, credit scores, and cash flow analysis, to assign risk ratings to loans and complete an analysis of the applicant's financial status. Being a Commercial Credit Analyst II calculates debt-to-income (DTI) ratios to evaluate an applicant's ability to repay the loan. Prepares credit memos in a standardized format that includes key ratios, supporting information, an executive summary, and objective recommendations. Additionally, Commercial Credit Analyst II presents credit reports to loan officers and loan committees. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Commercial Credit Analyst II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Commercial Credit Analyst II typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location New London, CT | Avg. Salary $77,225 | Date Updated March 26, 2024 |
Location Norwich, CT | Avg. Salary $77,369 | Date Updated March 26, 2024 |
Location West Haven, CT | Avg. Salary $78,166 | Date Updated March 26, 2024 |
Location Abington, CT | Avg. Salary $76,500 | Date Updated March 26, 2024 |
Location Amston, CT | Avg. Salary $77,442 | Date Updated March 26, 2024 |
Location Andover, CT | Avg. Salary $77,732 | Date Updated March 26, 2024 |
Location Ansonia, CT | Avg. Salary $78,166 | Date Updated March 26, 2024 |
Location Ashford, CT | Avg. Salary $76,500 | Date Updated March 26, 2024 |
Location Avon, CT | Avg. Salary $77,877 | Date Updated March 26, 2024 |
Location Ballouville, CT | Avg. Salary $76,428 | Date Updated March 26, 2024 |
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Commercial Credit Analyst II, the upper level is Commercial Credit Analyst III and then progresses to Commercial Credit Analyst IV.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Commercial Credit Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Credit Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Credit Analyst IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Job Title Credit Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Credit Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Commercial Credit Analyst II salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Commercial Credit Analyst II salary varies from category to category. Click below to see Commercial Credit Analyst II salary in different categories.
About Connecticut Connecticut is bordered on the south by Long Island Sound, on the west by New York, on the north by Massachusetts, and on the east by Rhode Island. Th....More
Skills associated with Commercial Credit Analyst II: Credit Analysis, Risk Assessment, Banking Software, Credit Verification ...More
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