Home > Salary > Ethiopia > Credit Risk Analyst
A credit risk analyst is responsible for evaluating and assessing the creditworthiness of individuals, businesses, or organizations. They analyze financial data, review credit histories, and assess potential risks involved in lending money or extending credit. Their primary role is to minimize credit losses by identifying and mitigating potential risks through thorough analysis and evaluation. Credit risk analysts also develop and implement credit risk management strategies and policies to ensure the overall health of the organization's credit portfolio. They work closely with other departments such as lending, underwriting, and collections to make informed decisions regarding credit approvals, limits, and terms. Strong analytical skills, attention to detail, and knowledge of financial markets and regulations are essential for success in this occupation.
Estimated Yearly Salary: 156,769 ETB
Estimated Monthly Salary: 13,064 ETB
Estimated Weekly Salary: 3,015 ETB per week
Estimated Hourly Salary: 75 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,660 ETB
Estimated Weekly Salary: 2,922 ETB per week
Estimated Hourly Salary: 73 ETB per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 2,611 USD
Estimated Monthly Salary: 218 USD
Estimated Weekly Salary: 50 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 156,769 ETB
Estimated Monthly Salary: 13,064 ETB
Estimated Weekly Salary: 3,015 ETB per week
Estimated Hourly Salary: 75 ETB per hour
By working as Credit Risk Analyst a person can save up to 141 USD per month or 1,689 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 Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Credit Risk Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Credit Risk Analyst salary in Ethiopia
Average Yearly Salary of Credit Risk Analyst in Ethiopia is approximately 156,769 ETB (2,611 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 Credit Risk Analyst do?
A credit risk analyst is responsible for evaluating and assessing the creditworthiness of individuals, businesses, or organizations. They analyze financial data, review credit histories, and assess potential risks involved in lending money or extending credit. Their primary role is to minimize credit losses by identifying and mitigating potential risks through thorough analysis and evaluation. Credit risk analysts also develop and implement credit risk management strategies and policies to ensure the overall health of the organization's credit portfolio. They work closely with other departments such as lending, underwriting, and collections to make informed decisions regarding credit approvals, limits, and terms. Strong analytical skills, attention to detail, and knowledge of financial markets and regulations are essential for success in this occupation.
Skills: Credit Risk Analyst, Risk Management, Financial Analysis, Credit Evaluation, Credit Portfolio Management, Risk Mitigation.
Job industry: Finance
Job industry: Finance
How much does Credit Risk Analyst make?
Salary details
How much does Credit Risk Analyst make?Estimated Yearly Salary: 156,769 ETB
Estimated Monthly Salary: 13,064 ETB
Estimated Weekly Salary: 3,015 ETB per week
Estimated Hourly Salary: 75 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 151,920 ETBEstimated Monthly Salary: 12,660 ETB
Estimated Weekly Salary: 2,922 ETB per week
Estimated Hourly Salary: 73 ETB per hour
Last revision of data: 2024-01-02Credit Risk Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,611 USD
Estimated Monthly Salary: 218 USD
Estimated Weekly Salary: 50 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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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Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Credit Risk Analyst job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Credit Risk Analyst in Ethiopia earns on average:
1.49 times the average salary (or 149% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Credit Risk Analyst job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Credit Risk Analyst in Ethiopia earns on average:
1.49 times the average salary (or 149% of average salary).
Is Credit Risk Analyst a well paid job?
Yes, our data shows that Credit Risk 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 Credit Risk Analyst?
High salary for Credit Risk Analyst would be somewhere between 172,446 ETB and 227,315 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Credit Risk Analyst in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 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: 156,769 ETB
Estimated Monthly Salary: 13,064 ETB
Estimated Weekly Salary: 3,015 ETB per week
Estimated Hourly Salary: 75 ETB per hour
By working as Credit Risk Analyst a person can save up to 141 USD per month or 1,689 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 Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Credit Risk Analyst
Sudan is 1,038 USD
Kenya is 8,200 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 Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Army sergeant airborne (83,132 ETB per year, pre-tax.)
Assistant construction superintendent (116,779 ETB per year, pre-tax.)
Disability manager (111,563 ETB per year, pre-tax.)
Oracle database administrator (dba) (218,460 ETB per year, pre-tax.)
Safety auditor (143,160 ETB per year, pre-tax.)
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