Credit Analysts
Also called: Credit Administrator, Credit Analyst, Credit Officer, Credit RepresentativeAnalyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decisionmaking.
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What the data says: AI could halve the time on 9 of its 11 tasks, and jobs are projected to shrink 4.3% by 2035. In the most exposed occupations, the squeeze shows up first among early-career workers. How to think about this →
About this projection
BLS builds AI into its projections where the research supports it: “BLS generally applies adjustments based on this research conservatively, where there is convincing evidence for a change.”
It also notes a limit: “BLS projection methods are not designed to capture extremely rapid technological change.”
On its AI exposure groups, BLS says exposure “does not imply job loss.”
Recent conditions
- In 2024, 1.4% of people in this work were unemployed, against 3.8% across all occupations Census ACS 2024
- From Sep 2025 to Aug 2026, 4.3 hires for every 10 job openings in finance and insurance, which employs about 73% of people in this work, against 7.3 across all industries BLS JOLTS
One box per opening, filled for each hire; hires beyond the openings are added in a lighter shade. Higher can mean openings get filled, or that people leave often; lower, that jobs go unfilled, or hiring is slow.4.3 this industry7.3 all industries
Median pay by state BLS OEWS May 2025, state estimates
Tap a state for its figures.
Median pay in every state
| State | Median | Middle half earn | Jobs |
|---|---|---|---|
| Alabama | $79,970 | $63,950 to $110,920 | 370 |
| Alaska | $81,340 | $59,470 to $81,340 | 40 |
| Arizona | $77,020 | $63,870 to $95,240 | 2,260 |
| Arkansas | $71,370 | $52,320 to $95,540 | 300 |
| California | $97,860 | $76,380 to $138,710 | 5,260 |
| Colorado | $81,270 | $70,300 to $110,100 | 870 |
| Connecticut | $98,230 | $76,570 to $122,520 | 560 |
| Delaware | $94,680 | $79,270 to $117,200 | 720 |
| District of Columbia | $132,590 | $80,250 to $207,120 | 50 |
| Florida | $78,360 | $62,460 to $97,520 | 4,040 |
| Georgia | $77,990 | $62,400 to $100,530 | 1,790 |
| Hawaii | $98,900 | $62,640 to $148,840 | 130 |
| Idaho | $79,650 | $64,690 to $95,200 | 330 |
| Illinois | $84,990 | $67,580 to $128,660 | 3,130 |
| Indiana | $62,660 | $55,420 to $78,160 | 860 |
| Iowa | $76,760 | $64,880 to $85,000 | 480 |
| Kansas | $73,120 | $60,040 to $97,580 | 520 |
| Kentucky | $79,290 | $63,750 to $101,950 | 370 |
| Louisiana | $73,210 | $54,370 to $99,380 | 290 |
| Maine | $81,750 | $64,470 to $96,410 | 280 |
| Maryland | $75,390 | $59,320 to $97,580 | 700 |
| Massachusetts | $97,080 | $74,110 to $131,030 | 1,400 |
| Michigan | $74,640 | $61,520 to $82,050 | 1,510 |
| Minnesota | $82,630 | $73,080 to $102,030 | 1,110 |
| Mississippi | $74,880 | $59,750 to $105,730 | 280 |
| Missouri | $65,350 | $60,400 to $83,740 | 1,160 |
| Montana | $74,650 | $64,410 to $83,870 | 190 |
| Nebraska | $79,730 | $64,040 to $98,700 | 510 |
| Nevada | $73,090 | $60,150 to $98,550 | 390 |
| New Hampshire | $77,980 | $65,430 to $111,100 | 230 |
| New Jersey | $100,940 | $80,280 to $131,320 | 1,220 |
| New Mexico | $72,160 | $59,590 to $88,890 | 90 |
| New York | $133,270 | $99,210 to $202,380 | 7,960 |
| North Carolina | $94,570 | $76,030 to $124,270 | 3,270 |
| North Dakota | $74,810 | $59,450 to $94,530 | 300 |
| Ohio | $79,720 | $62,390 to $101,950 | 2,790 |
| Oklahoma | $75,330 | $57,570 to $97,980 | 550 |
| Oregon | $80,380 | $74,000 to $102,000 | 650 |
| Pennsylvania | $80,280 | $62,010 to $103,210 | 1,930 |
| Puerto Rico | $51,920 | $47,320 to $76,260 | 820 |
| Rhode Island | $85,920 | $70,790 to $104,310 | 160 |
| South Carolina | $77,530 | $60,360 to $100,040 | 690 |
| South Dakota | $73,040 | $58,690 to $96,810 | 430 |
| Tennessee | $72,550 | $57,710 to $91,690 | 1,480 |
| Texas | $78,730 | $60,920 to $101,080 | 6,130 |
| Utah | $74,430 | $59,770 to $96,430 | 750 |
| Vermont | $71,220 | $60,530 to $120,480 | 90 |
| Virginia | $102,430 | $81,330 to $140,490 | 2,460 |
| Washington | $91,160 | $73,190 to $119,660 | 1,280 |
| West Virginia | $57,320 | $50,740 to $73,210 | 220 |
| Wisconsin | $68,690 | $58,680 to $88,270 | 1,770 |
| Wyoming | $62,210 | $50,800 to $75,850 | 40 |
Nationally: $83,510. Shades run from the lowest state median to the highest; a territory below that range takes the lightest. How to read this
How AI touches the work
What AI could speed up, task by task, and where people already use it.
AI could halve the time on 9 of its 11 tasks
| AI rating | Its main tasks | Share of Claude conversations May 2026 |
|---|---|---|
| AI + software | Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money. | under 0.01% |
| AI + software | Generate financial ratios, using computer programs, to evaluate customers' financial status. | Not published |
| AI + software | Prepare reports that include the degree of risk involved in extending credit or lending money. | under 0.01% |
| AI + software | Analyze financial data, such as income growth, quality of management, and market share to determine expected profitability of loans. | Not published |
| AI + software | Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations. | under 0.01% |
| AI alone | Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval. | Not published |
See all 11 tasks
| AI alone | Consult with customers to resolve complaints and verify financial and credit transactions. | Not published |
| AI + software | Evaluate customer records and recommend payment plans, based on earnings, savings data, payment history, and purchase activity. | 0.01% |
| AI + software | Review individual or commercial customer files to identify and select delinquent accounts for collection. | Not published |
| Not much | Confer with credit association and other business representatives to exchange credit information. | Not published |
| Not much | Contact customers to collect payments on delinquent accounts. | Not published |
Ordered by how important O*NET's respondents rate each task (1 to 5) times the share who say it is part of their job. The ordering is ours. 4 of the 11 have a published share of Claude conversations; “not published” means too few conversations for Anthropic to publish a figure.
Where people already use AI
The tasks above say what AI could speed up. This shows what people are using it for. Its 11 tasks fall under 12 work activities that many occupations share, and Microsoft counted how often each one came up in 200,000 conversations with its Copilot assistant in 2024.
- #3 Respond to customer problems or inquiries
| Work activity | This occupation's tasks under it | People asked AI for help in 10,000 conversations |
AI did it for them in 10,000 conversations |
|---|---|---|---|
| Analyze business or financial data | |||
| Respond to customer problems or inquiries | |||
| Analyze market or industry conditions | |||
| Prepare documentation for contracts, applications, or permits | |||
| Advise others on financial matters | |||
| Analyze business or financial risks | |||
| Examine financial activities, operations, or systems | |||
| Analyze data to improve operations |
Show all 12 activities
| Evaluate condition of financial assets, property, or other resources | |||
| Coordinate activities with clients, agencies, or organizations | |||
| Prepare financial documents, reports, or budgets | |||
| Collect fares or payments |
How people in this work use Claude
What people in this work made with Claude % of conversations
- A plan or strategy21%
- A document or report20%
- An analysis or summary18%
- A chart or visualization9%
- Data or a spreadsheet9%
How they worked with Claude
33% of these conversations were about work. Anthropic Economic Index, May 2026.
How to read this
Work activities come from O*NET, which links every task to the broader activities it involves. Microsoft's figures are for the activity across everyone who used Copilot, not for credit analysts specifically. Copilot is a general chat assistant; dedicated coding tools are not included, so programming help is under-counted here. Activities are listed by how many of this occupation's tasks fall under them.
The task ratings say whether AI could halve the time a task takes: on its own (“AI alone”), or with software built on it (“AI + software”). They were made by people in 2023 (Eloundou et al.). Claude's share is the task's share of all Claude.ai conversations in May 2026; Anthropic doesn't publish a task with too few conversations. None of these add up to the BLS exposure group, which combines five research measures.
More in the Guide: task ratings · task order · work activities · Copilot figures · Claude
High exposure doesn't mean fewer jobs
BLS projects most occupations in its two most exposed groups to grow: 141 of 206 rated Very high and 165 of 206 rated High. Each dot is one of the 831 occupations BLS rates.
Career moves into and out of this occupation
From moves between occupations found in online resumes, 2002–2016. Career changes only: a first job after school isn't a move.
Where people moved next
of 39,636 moves out
- 1 Financial Managers Very high +9.7% 7%
- 2 Managers, All Other (2010 group) an older group BLS has since split; no exposure group today 6%
- 3 First-Line Supervisors of Office and Administrative Support Workers Very high +0.1% 5%
- 4 General and Operations Managers High +5.0% 5%
- 5 Financial Analysts (2010 group) an older group BLS has since split; no exposure group today 5%
Where people moved in from
of 34,564 moves in
- 1 First-Line Supervisors of Office and Administrative Support Workers Very high +0.1% 7%
- 2 Bookkeeping, Accounting, and Auditing Clerks Very high -5.6% 6%
- 3 Customer Service Representatives Very high -5.3% 5%
- 4 Financial Managers Very high +9.7% 5%
- 5 Loan Officers Very high +1.1% 5%
Resumes over-represent younger, white-collar job-seekers and moves into management. Schubert, Stansbury and Taska (resume data).
Education and training for the occupation
O*NET survey of workers in this occupation
- 95% bachelor's
- 5% master's
O*NET 31.0 survey of workers in this occupation · 20 people answered.
Census survey (American Community Survey)
- 1% less than high school
- 11% high school
- 10% some college
- 4% associate's
- 58% bachelor's
- 14% master's
- 1% professional degree
Census ACS 2024, all workers in this occupation · 399 people surveyed.
Why the two can differ
O*NET asks about 20 people in each occupation, which makes its shares uncertain, but it reports the exact occupation and counts certificates. The Census survey reaches thousands, but it groups some occupations together and counts degrees only. More in the Guide
Median pay by highest degree full-time, year-round · Census ACS 2024, all workers in this occupation
4 programs, such as Accounting, Finance, General and Credit Management.
See all
- Accounting
- Finance, General
- Credit Management
- Financial Risk Management
Jobs that require a credential BLS Occupational Requirements Survey 2023
BLS publishes no credential figures for this occupation.
Look up certifications, training and licenses U.S. Department of Labor
- Certification Finder ↗ certifications CareerOneStop lists for this occupation
- Training Finder ↗ schools and programs, nationwide; narrow the place there
- License Finder ↗ licenses by state
- Apprenticeship Finder ↗ DOL lists 1 registered apprenticeship in this occupation (Credit Analyst (NOF)). Apprenticeship.gov can't be linked to one occupation, so search for “Credit Analysts” there.
These open in a new tab and send only the occupation's public code. More in the Guide
BLS AI exposure categories (Aug 2026) · BLS Employment Projections 2025–35 · O*NET 31.0 · Task ratings: Eloundou et al., Science (2024) · Microsoft "Working with AI" v1.1 · Anthropic Economic Index (2026-06-26) · Schubert, Stansbury and Taska · NCES CIP–SOC · Census ACS 2024 · BLS JOLTS · Brynjolfsson, Chandar and Chen, Stanford (Aug 2026)
See it online, and explore any career: https://www.pathmosaic.com/card/13-2041.00