Analyst Credit Risk Management salary in Canada

Average Yearly Salary of Analyst Credit Risk Management in Canada is approximately 71,555 CAD (71,886 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Analyst Credit Risk Management do?

A Credit Risk Management Analyst is responsible for analyzing and assessing the creditworthiness of individuals or organizations to determine the level of risk associated with lending money or extending credit. They evaluate financial statements, credit reports, and other relevant data to identify potential risks and make informed decisions regarding loan approvals, credit limits, and interest rates. These professionals also monitor existing credit portfolios, review and update credit policies and procedures, and provide recommendations for mitigating risks.

Skills: Credit Risk Analysis, Financial Risk Assessment, Loan Underwriting, Credit Portfolio Management, Risk Mitigation Strategies, Creditworthiness Evaluation.
Job industry: Banking

How much does Analyst Credit Risk Management make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Analyst Credit Risk Management a well paid job?

Yes, our data show that Analyst Credit Risk Management is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Analyst Credit Risk Management?

High salary for Analyst Credit Risk Management would be somewhere between 78,711 CAD and 103,755 CAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Analyst Credit Risk Management in Canada?

Living in Canada the approximate monthly expenses are: 2,118 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 71,555 CAD
Estimated Monthly Salary: 5,963 CAD
Estimated Weekly Salary: 1,376 CAD per week
Estimated Hourly Salary: 34 CAD per hour
By working as Analyst Credit Risk Management a person can save up to 3,872 USD per month or 46,465 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Canada, see costs of living in Canada.

Salary comparison to region and neighbouring coutries

Country's neighbours are: United States of America.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Analyst Credit Risk Management

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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