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Entry Level Credit Analyst

An Entry Level Credit Analyst processes credit applications, collects data, conducts risk assessments, and uses software for analysis.

How do I become a entry level credit analyst

Get qualified to work as a entry level credit analyst with a course recognised across Australia. Speak to a training provider to learn more.

Common questions

In Australia, a full time Entry Level Credit Analyst generally earns $1,500per week ($78,000 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.

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This industry has seen a slight drop in employment numbers in recent years. There are currently 28,500 people working in this field in Australia compared to 29,500 five years ago. Entry Level Credit Analysts may find work across all regions of Australia, particularly larger towns and cities.

Source: Australian Government Labour Market Insights

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If you’re interested in starting a career as an Entry Level Credit Analyst, consider enrolling in a Certificate II in Financial Services. This course looks at the legislation, procedures and guidelines affecting financial service industries. You might also consider a Certificate III in Financial Services.

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Further reading

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Entry Level Credit Analyst careers

An Entry Level Credit Analyst assists with the processing of credit applications for a bank or other financial institution. You might collect credit data and other information such as applicants’ pay or other financial debts. Entry Level Credit Analysts may help with risk assessments and use systems to determine credit limits. You’ll use a range of software programs to process applications.

An Entry Level Credit Analyst should be able to follow instructions and work with financial systems and procedures. You’ll need a good head for numbers and should be able to perform detailed analysis. Entry Level Credit Analysts need excellent customer service skills and should be able to understand banking and financial systems.