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Bank Credit Analyst salary in Monaco

Average Yearly Salary of Bank Credit Analyst in Monaco is approximately 244,089 EUR (243,458 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 Bank Credit Analyst do?

occupation personasA bank credit analyst is responsible for evaluating the creditworthiness of individuals or businesses applying for loans or lines of credit from a bank. They analyze financial statements, credit reports, and other relevant information to assess the borrower's ability to repay the loan and manage financial risk. The credit analyst also determines the appropriate loan terms and conditions based on their assessment and the bank's lending policies. They may work closely with loan officers, underwriters, and other stakeholders to gather necessary information and make informed decisions. Additionally, the credit analyst monitors existing loans and reviews any changes in the borrower's financial situation to ensure compliance with loan agreements.

Skills: Credit analysis, Financial risk assessment, Loan underwriting, Financial statement analysis, Creditworthiness evaluation, Risk management.
Job industry: Finance


How much does Bank Credit Analyst make?

Salary details
How much does Bank Credit Analyst make?
Estimated Yearly Salary: 244,089 EUR
Estimated Monthly Salary: 20,341 EUR
Estimated Weekly Salary: 4,694 EUR per week
Estimated Hourly Salary: 117 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 235,280 EUR
Estimated Monthly Salary: 19,607 EUR
Estimated Weekly Salary: 4,525 EUR per week
Estimated Hourly Salary: 113 EUR per hour
Last revision of data: 2024-01-06



Bank Credit Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 243,458 USD
Estimated Monthly Salary: 20,288 USD
Estimated Weekly Salary: 4,682 USD per week
Estimated Hourly Salary: 117 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.

Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Bank Credit Analyst job salary compared to average salary in Monaco.
Comparison shows that a person working as Bank Credit Analyst in Monaco earns on average:
1.43 times the average salary (or 143% of average salary).

Is Bank Credit Analyst a well paid job?

Yes, our data shows that Bank 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 Bank Credit Analyst?

High salary for Bank Credit Analyst would be somewhere between 268,498 EUR and 353,929 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Bank Credit Analyst in Monaco?

Living in Monaco the approximate monthly expenses are: 7,443 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: 244,089 EUR
Estimated Monthly Salary: 20,341 EUR
Estimated Weekly Salary: 4,694 EUR per week
Estimated Hourly Salary: 117 EUR per hour
By working as Bank Credit Analyst a person can save up to 12,845 USD per month or 154,140 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 Monaco, see costs of living in Monaco.

Salary comparison to region and neighbouring coutries

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

Estimated Yearly Salary for Bank Credit Analyst

France is 60,177 USDdown arrow 75%
Details on Bank Credit Analyst salary in France
Italy is 49,367 USDdown arrow 80%
Details on Bank Credit Analyst salary in Italy
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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.

Top 10 highest salaries in Monaco

(1,948,030 EUR per year, pre-tax.)
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)

Data as of 2025

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The salary estimates on optisalary.com are meant for informational use exclusively. We compile salary data from varied sources, but cannot guarantee complete precision. Users should on their own verify salaries before making financial commitments. Salary fluctuations occur due to industry standards, demand shifts, and location. We disclaim any warranty regarding the validity of the listed salary data. By accessing this site, you acknowledge that salary data is subject to updates.
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