How much does a Commercial Credit Analyst II make in Illinois? The average Commercial Credit Analyst II salary in Illinois is $74,109 as of March 26, 2024, but the range typically falls between $64,656 and $84,941. 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 | $56,048 | IL | March 26, 2024 |
25th Percentile Commercial Credit Analyst II Salary | $64,656 | IL | March 26, 2024 |
50th Percentile Commercial Credit Analyst II Salary | $74,109 | IL | March 26, 2024 |
75th Percentile Commercial Credit Analyst II Salary | $84,941 | IL | March 26, 2024 |
90th Percentile Commercial Credit Analyst II Salary | $94,803 | IL | March 26, 2024 |
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Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
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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 Cicero, IL | Avg. Salary $75,993 | Date Updated March 26, 2024 |
Location Mount Prospect, IL | Avg. Salary $75,703 | Date Updated March 26, 2024 |
Location Abingdon, IL | Avg. Salary $68,604 | Date Updated March 26, 2024 |
Location Adair, IL | Avg. Salary $69,256 | Date Updated March 26, 2024 |
Location Addieville, IL | Avg. Salary $70,342 | Date Updated March 26, 2024 |
Location Addison, IL | Avg. Salary $75,703 | Date Updated March 26, 2024 |
Location Akin, IL | Avg. Salary $68,242 | Date Updated March 26, 2024 |
Location Albany, IL | Avg. Salary $67,662 | Date Updated March 26, 2024 |
Location Albers, IL | Avg. Salary $70,342 | Date Updated March 26, 2024 |
Location Albion, IL | Avg. Salary $66,648 | 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 Illinois Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross dome....More
Skills associated with Commercial Credit Analyst II: Credit Analysis, Risk Assessment, Banking Software, Credit Verification ...More
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