Salary distribution
Where Richmond credit analysts fall on the wage curve.
Shaded band = interquartile range (where most full-time workers fall)
The middle 50% of workers earn between $82,470 and $136,870, with a median of $100,460.
Typical entry
Education
Bachelor's degree
Experience
None
On-the-job training
None
Top skills (O*NET)
- 4.5 / 5
Economics and Accounting
Knowledge
- 4.0 / 5
Oral Expression
Ability
- 3.9 / 5
Mathematics
Knowledge
- 3.9 / 5
English Language
Knowledge
- 3.9 / 5
Oral Comprehension
Ability
- 3.9 / 5
Critical Thinking
Cross-functional
- 3.9 / 5
Written Comprehension
Ability
- 3.9 / 5
Inductive Reasoning
Ability
Common tasks (O*NET)
- 01
Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
- 02
Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
- 03
Generate financial ratios, using computer programs, to evaluate customers' financial status.
- 04
Prepare reports that include the degree of risk involved in extending credit or lending money.
- 05
Analyze financial data, such as income growth, quality of management, and market share to determine expected profitability of loans.
- 06
Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
- 07
Contact customers to collect payments on delinquent accounts.
- 08
Evaluate customer records and recommend payment plans, based on earnings, savings data, payment history, and purchase activity.
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Explore coursesOther metros in Virginia
How the Richmond metro compares to other major Virginia metro areas for credit analysts.
- Virginia Beach$62,030
Frequently asked questions
- What is the median salary for Credit Analysts in Richmond, Virginia?
- According to BLS Occupational Employment and Wage Statistics, the median annual wage for Credit Analysts in the Richmond metropolitan area is $100,460.
- Does Richmond pay more than the Virginia state average for Credit Analysts?
- The Richmond metro median is +2.9% versus the Virginia state median of $97,590.
- How does Richmond compare to the national median for Credit Analysts?
- The Richmond metro median is +16.9% versus the BLS national figure of $85,917.
- What is the salary range for Credit Analysts in Richmond?
- BLS reports the 10th-percentile annual wage at $64,080 and the 90th-percentile at $164,220 for the Richmond metro area.
- What education is required for Credit Analysts?
- BLS lists the typical entry-level education as Bachelor's degree. Many employers also weigh prior experience and credentials.
Information on this page is for general educational purposes only. It is not career, financial, or tax advice. BLS metro estimates reflect the Richmond CBSA boundary for the reference year shown and may not match individual offers, employer-specific ranges, or current market conditions. Confirm with a licensed professional before making career or compensation decisions.