Credit Analyst
Also known as: Credit Officer · Credit Underwriter · Credit Risk Analyst
Studies the finances of borrowers to judge whether a loan can be safely given.
What you’d do
A credit analyst studies the finances of borrowers, such as businesses or individuals, to judge whether a loan can be given and on what terms. Employers include banks, NBFCs, credit rating agencies and financial services firms. A typical day involves analysing financial statements, preparing credit notes, and following up on documents and risk flags.
- Reviews financial statements of borrowers
- Rates credit risk of loan applications
- Prepares credit notes for approval
- Monitors existing loan accounts
How you get in
Freshers often enter as credit or risk trainees in banks and NBFCs, or as analysts at rating agencies, many through campus hiring. MBA graduates fill a large share of corporate credit roles.
Salary in India
Fresher salary over the years
middle of the 0–1 yr range, ₹ lakh a year
Fewer than two years of fresher data so far — the trend shows once there are two.
Skills you’ll use
From our guide · a curated list is coming
- Reading financial statements
- Ratio and cash-flow analysis
- Excel modelling
- Understanding RBI lending norms
- Writing credit notes
About this field · for freshers
Job openings by year
Is demand growing?
Not added yet.
Competition4
How many graduates enter each year?
BA (all subjects) graduates in 2023-24 at institutions that reported to AISHE — everyone finishing that degree, not only those entering this role.
Who hires
IT firms, banks, government, startups?
Not added yet.
Where the jobs are
Which cities?
Not added yet.
Women in the field4
Is it diverse?
Share of women among BA (all subjects) graduates in 2023-24 — the entry degree, not people already working in this role.
At a glance
- Retail credit roles tend to have more openings than corporate credit.
- Next roles: senior credit analyst, credit manager, risk manager.
- Professional qualifications (CA, CFA, FRM) help with corporate and rating roles.
Stay safe
No legitimate employer ever asks you to pay to get a job.