Home > Salary > Ecuador > Commercial Credit Analyst
A commercial credit analyst is responsible for evaluating the creditworthiness of businesses and individuals applying for loans or lines of credit. They analyze financial statements, credit reports, and other relevant data to assess the risk associated with lending money to a particular borrower. The commercial credit analyst also reviews industry trends, economic conditions, and market factors to make informed decisions about loan approvals and interest rates. They collaborate with loan officers and underwriters to ensure compliance with lending policies and regulations. Additionally, they may provide recommendations for credit limits, terms, and conditions to mitigate risk and maximize profitability.
Estimated Yearly Salary: 201,988,670 ECS
Estimated Monthly Salary: 16,832,389 ECS
Estimated Weekly Salary: 3,884,398 ECS per week
Estimated Hourly Salary: 97,110 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 16,203,995 ECS
Estimated Weekly Salary: 3,739,383 ECS per week
Estimated Hourly Salary: 93,485 ECS per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 7,094 USD
Estimated Monthly Salary: 591 USD
Estimated Weekly Salary: 136 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 201,988,670 ECS
Estimated Monthly Salary: 16,832,389 ECS
Estimated Weekly Salary: 3,884,398 ECS per week
Estimated Hourly Salary: 97,110 ECS per hour
By working as Commercial Credit Analyst a person can save up to 339 USD per month or 4,065 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 Ecuador, see costs of living in Ecuador.
Estimated Yearly Salary for Commercial Credit Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Commercial Credit Analyst salary in Ecuador
Average Yearly Salary of Commercial Credit Analyst in Ecuador is approximately 201,988,670 ECS (7,094 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 Commercial Credit Analyst do?
A commercial credit analyst is responsible for evaluating the creditworthiness of businesses and individuals applying for loans or lines of credit. They analyze financial statements, credit reports, and other relevant data to assess the risk associated with lending money to a particular borrower. The commercial credit analyst also reviews industry trends, economic conditions, and market factors to make informed decisions about loan approvals and interest rates. They collaborate with loan officers and underwriters to ensure compliance with lending policies and regulations. Additionally, they may provide recommendations for credit limits, terms, and conditions to mitigate risk and maximize profitability.
Skills: commercial credit analyst, credit analysis, risk assessment, financial analysis, lending policies, loan approvals.
Job industry: Finance
Job industry: Finance
How much does Commercial Credit Analyst make?
Salary details
How much does Commercial Credit Analyst make?Estimated Yearly Salary: 201,988,670 ECS
Estimated Monthly Salary: 16,832,389 ECS
Estimated Weekly Salary: 3,884,398 ECS per week
Estimated Hourly Salary: 97,110 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 194,447,938 ECSEstimated Monthly Salary: 16,203,995 ECS
Estimated Weekly Salary: 3,739,383 ECS per week
Estimated Hourly Salary: 93,485 ECS per hour
Last revision of data: 2024-01-09Commercial Credit Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,094 USD
Estimated Monthly Salary: 591 USD
Estimated Weekly Salary: 136 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Commercial Credit Analyst job salary compared to average salary in Ecuador.
Comparison shows that a person working as Commercial Credit Analyst in Ecuador earns on average:
1.23 times the average salary (or 123% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Commercial Credit Analyst job salary compared to average salary in Ecuador.
Comparison shows that a person working as Commercial Credit Analyst in Ecuador earns on average:
1.23 times the average salary (or 123% of average salary).
Is Commercial Credit Analyst a well paid job?
Yes, our data shows that Commercial Credit Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Commercial Credit Analyst?
High salary for Commercial Credit Analyst would be somewhere between 222,187,537 ECS and 292,883,572 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Commercial Credit Analyst in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 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: 201,988,670 ECS
Estimated Monthly Salary: 16,832,389 ECS
Estimated Weekly Salary: 3,884,398 ECS per week
Estimated Hourly Salary: 97,110 ECS per hour
By working as Commercial Credit Analyst a person can save up to 339 USD per month or 4,065 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 Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Commercial Credit Analyst
Colombia is 7,358 USD Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Ecuador
(1,855,980,438 ECS per year, pre-tax.)
2. Cardiologist
(1,555,155,042 ECS per year, pre-tax.)
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4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
Administrative radiology director (433,620,598 ECS per year, pre-tax.)
Application developer (182,220,487 ECS per year, pre-tax.)
Medical records director (99,784,681 ECS per year, pre-tax.)
Swamper (120,547,544 ECS per year, pre-tax.)
App developer (268,987,782 ECS per year, pre-tax.)
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