Home > Salary > Singapore > Senior Credit Analyst
A senior credit analyst is responsible for assessing the creditworthiness of individuals or businesses applying for loans or credit facilities. They analyze financial statements, credit reports, and other relevant data to evaluate the risk associated with granting credit. Senior credit analysts review loan applications, determine appropriate credit limits, and recommend approval or rejection based on their analysis. They also monitor existing credit accounts and conduct periodic reviews to assess ongoing creditworthiness. They work closely with clients, lenders, and other stakeholders to gather necessary information and provide recommendations. Additionally, senior credit analysts may assist in developing credit policies and procedures, as well as providing guidance and support to junior analysts.
Estimated Yearly Salary: 185,057 SGD
Estimated Monthly Salary: 15,421 SGD
Estimated Weekly Salary: 3,559 SGD per week
Estimated Hourly Salary: 89 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,894 SGD
Estimated Weekly Salary: 3,437 SGD per week
Estimated Hourly Salary: 86 SGD per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 92,257 USD
Estimated Monthly Salary: 7,688 USD
Estimated Weekly Salary: 1,774 USD per week
Estimated Hourly Salary: 44 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: 185,057 SGD
Estimated Monthly Salary: 15,421 SGD
Estimated Weekly Salary: 3,559 SGD per week
Estimated Hourly Salary: 89 SGD per hour
By working as Senior Credit Analyst a person can save up to 5,000 USD per month or 60,001 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 Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Senior Credit Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Senior Credit Analyst salary in Singapore
Average Yearly Salary of Senior Credit Analyst in Singapore is approximately 185,057 SGD (92,257 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 Senior Credit Analyst do?
A senior credit analyst is responsible for assessing the creditworthiness of individuals or businesses applying for loans or credit facilities. They analyze financial statements, credit reports, and other relevant data to evaluate the risk associated with granting credit. Senior credit analysts review loan applications, determine appropriate credit limits, and recommend approval or rejection based on their analysis. They also monitor existing credit accounts and conduct periodic reviews to assess ongoing creditworthiness. They work closely with clients, lenders, and other stakeholders to gather necessary information and provide recommendations. Additionally, senior credit analysts may assist in developing credit policies and procedures, as well as providing guidance and support to junior analysts.
Skills: senior credit analyst, credit analysis, credit risk assessment, financial analysis, loan underwriting, credit management
Job industry: Finance
Job industry: Finance
How much does Senior Credit Analyst make?
Salary details
How much does Senior Credit Analyst make?Estimated Yearly Salary: 185,057 SGD
Estimated Monthly Salary: 15,421 SGD
Estimated Weekly Salary: 3,559 SGD per week
Estimated Hourly Salary: 89 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 178,726 SGDEstimated Monthly Salary: 14,894 SGD
Estimated Weekly Salary: 3,437 SGD per week
Estimated Hourly Salary: 86 SGD per hour
Last revision of data: 2024-01-08Senior Credit Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 92,257 USD
Estimated Monthly Salary: 7,688 USD
Estimated Weekly Salary: 1,774 USD per week
Estimated Hourly Salary: 44 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
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Senior Credit Analyst job salary compared to average salary in Singapore.
Comparison shows that a person working as Senior Credit Analyst in Singapore earns on average:
1.94 times the average salary (or 194% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Senior Credit Analyst job salary compared to average salary in Singapore.
Comparison shows that a person working as Senior Credit Analyst in Singapore earns on average:
1.94 times the average salary (or 194% of average salary).
Is Senior Credit Analyst a well paid job?
Yes, our data shows that Senior 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 Senior Credit Analyst?
High salary for Senior Credit Analyst would be somewhere between 203,563 SGD and 268,333 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Credit Analyst in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 185,057 SGD
Estimated Monthly Salary: 15,421 SGD
Estimated Weekly Salary: 3,559 SGD per week
Estimated Hourly Salary: 89 SGD per hour
By working as Senior Credit Analyst a person can save up to 5,000 USD per month or 60,001 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Senior Credit Analyst
Malaysia is 24,551 USD
Indonesia is 14,549 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 Singapore
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Data as of 2025Random salary:
Water quality coordinator (88,489 SGD per year, pre-tax.)
Attorney lawyer (129,784 SGD per year, pre-tax.)
Sewing machine repairer (48,344 SGD per year, pre-tax.)
Garage door installer (59,134 SGD per year, pre-tax.)
Preschool teacher assistant (66,539 SGD per year, pre-tax.)
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