Credit watchdog salary

Occupation: Credit Analyst (Bank Officer)

As a Credit Analyst, also known as a Bank Officer, your main responsibility is to monitor and manage credit risks within a financial institution. This involves evaluating customers' creditworthiness, monitoring loans and credit limits, as well as following up on payment reminders and any delayed payments. You work closely with customers, helping them understand and manage their finances to minimize the risk of loan losses.

Education and Requirements

To work as a Credit Analyst, a bachelor's degree in economics, finance, or a related discipline is typically required. Some employers may also require previous experience in the banking or finance sector. It is important to have good analytical skills, the ability to make quick decisions based on financial information, and an understanding of the laws and regulations governing lending.

Salary for Credit Analysts

The average salary for Credit Analysts in Sweden is 42 500 SEK per month. According to statistics, men in the profession earn an average of 47 000 SEK per month, while women earn an average of 39 400 SEK per month. This means that women earn approximately 84% of what men do in the same occupational role. Compared to the previous year, the average salary for Credit Analysts has decreased from 43 400 SEK to 42 500 SEK per month.

Considerations for Those Interested in Working as a Credit Analyst

For those interested in working as a Credit Analyst, it is important to have a strong financial understanding, good communication skills, and the ability to work accurately and efficiently under pressure. Being detail-oriented, analytical, and having an eye for detail are crucial to succeed in this profession. Staying updated on current laws and regulations in the finance sector is also of great importance.

Summary

Working as a Credit Analyst involves managing and monitoring credit risks within a financial institution. A bachelor's degree in economics or finance is typically a requirement to be employed in the profession. The average salary for Credit Analysts is 42 500 SEK per month, with a difference in salary levels between genders where women earn 84% of what men do. To succeed as a Credit Analyst, good analytical skills, accuracy, and a strong financial understanding are required.

This article provides information on salary statistics and job description for the occupation of Credit Analyst (Bank Officer).