How much does a Commercial Credit Analyst III make in Maine? The average Commercial Credit Analyst III salary in Maine is $85,693 as of February 26, 2024, but the range typically falls between $74,110 and $98,010. 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.

Commercial Credit Analyst III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Credit Analyst III Salary $63,565 ME February 26, 2024
25th Percentile Commercial Credit Analyst III Salary $74,110 ME February 26, 2024
50th Percentile Commercial Credit Analyst III Salary $85,693 ME February 26, 2024
75th Percentile Commercial Credit Analyst III Salary $98,010 ME February 26, 2024
90th Percentile Commercial Credit Analyst III Salary $109,223 ME February 26, 2024
25% $74,110 10% $63,565 90% $109,223 75% $98,010 $85,693 50%(Median) Didn’t find job title? Click
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Check out Commercial Credit Analyst jobs in Maine

Credit Analyst Intern

Summit Bank - Eugene, OR

Credit Analyst

Hanmi Bank - La Palma, CA

Credit Analysts

Royal Business Bank - Los Angeles, CA

What skills does a Commercial Credit Analyst III need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

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.

3.

Professional development: Professional development refers to continuing education and career training after a person has entered the workforce in order to help them develop new skills, stay up-to-date on current trends, and advance their career.

Analysis 1.39%
Microsoft Office 0.14%
Professional development 0.09%
Others 98.38%

Job Description for Commercial Credit Analyst III

Commercial Credit Analyst III 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 III 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 III 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 III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Commercial Credit Analyst III typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commercial Credit Analyst III in Maine

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Location Avg. Salary Date Updated
Location Saco, ME Avg. Salary $87,497 Date Updated February 26, 2024
Location Windham, ME Avg. Salary $87,616 Date Updated February 26, 2024
Location Abbot, ME Avg. Salary $80,348 Date Updated February 26, 2024
Location Acton, ME Avg. Salary $89,523 Date Updated February 26, 2024
Location Addison, ME Avg. Salary $80,348 Date Updated February 26, 2024
Location Albion, ME Avg. Salary $80,348 Date Updated February 26, 2024
Location Alfred, ME Avg. Salary $89,011 Date Updated February 26, 2024
Location Alna, ME Avg. Salary $86,786 Date Updated February 26, 2024
Location Andover, ME Avg. Salary $86,786 Date Updated February 26, 2024
Location Anson, ME Avg. Salary $80,348 Date Updated February 26, 2024

Career Path for Commercial Credit Analyst III

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 III, the upper level is Commercial Credit Analyst IV and then progresses to Commercial Credit Analysis Manager.

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Commercial Credit Analyst III Salary in Maine
Commercial Credit Analyst III Salary Graph, Regional Distribution and Summary