Overview
1. Automation Risk
2. User Poll
3. Growth
4. Wages
5. Volume
Decription
Resources
Comments

Credit Analysts

AUTOMATION RISK
CALCULATED
100%
risk level
POLLING
67%
Based on 125 votes
LABOR DEMAND
GROWTH
-2.5%
by 2031
WAGES
$78,850
or $37.91 hourly
VOLUME
71,960
as of 2022
SUMMARY
JOB SCORE
3.0/10
Vote
Comments (1)

Automation risk

100% (Imminent Risk)

Imminent Risk (81-100%): Occupations in this level have an extremely high likelihood of being automated in the near future. These jobs consist primarily of repetitive, predictable tasks with little need for human judgment.

More information on what this score is, and how it is calculated is available here.

Some quite important qualities of the job are difficult to automate:

  • Social Perceptiveness

User poll

67% chance of full automation within the next two decades

Our visitors have voted that it's quite likely this occupation will be replaced. This assessment is further supported by the calculated automation risk level, which estimates 100% chance of automation.

What do you think the risk of automation is?

What is the likelihood that this occupation will be replaced by robots or AI in the next 20 years?






Growth

Very slow growth relative to other professions.

The number of 'Credit Analysts' job openings is expected to decline by 2.5% by 2031

Total employment, and estimated job openings

* Data from the Bureau of Labor Statistics for the period between 2021 and 2031.
Updated projections are due Sep 2023.

Wages

High paid relative to other professions

In 2022, the median annual wage for 'Credit Analysts' was $78,850, or $37.91 per hour

'Credit Analysts' were paid 70.3% higher than the national median wage, which stood at $46,310

Wages over time

* Data from the Bureau of Labor Statistics

Volume

Moderate range of job opportunities compared to other professions

As of 2022 there were 71,960 people employed as Credit Analysts within the United States.

This represents around 0.05% of the employed workforce across the country.

Put another way, around 1 in 2 thousand people are employed as Credit Analysts.

Job description

Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decisionmaking.

SOC Code: 13-2041.00

Resources

If you're thinking of starting a new career, or looking to change jobs, we've created a handy job search tool which might just help you land that perfect new role.

Search jobs in your local area

Comments

Dicky Irawan (Could go either way) says
Credit Analysis is a job field that has a broad range object of analysis, which are debtors. Some debtors, like individuals and small business can have simpler analysis tools than the more elaborate small-medium enterprises or even corporation. AI trends can go either way, depending on the types of debtors a group of credit analysts work on.
Oct 07, 2019 at 02:44 AM

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