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Entry Level Credit Analyst Jobs in Indiana (NOW HIRING)

The Financial Analyst is an entry level role that supports Everwise by analyzing and reporting on ... In addition, this role supports credit risk and regulatory processes, including allowance ...

The Analyst I provides entry-level analytical, data management, and operational support to the ... Ability to successfully complete corporate background investigation to include credit and criminal ...

Analyst I

Indianapolis, IN · On-site

$73K - $78K/yr

Description The Analyst I provides entry-level analytical, data management, and operational support ... Ability to successfully complete corporate background investigation to include credit and criminal ...

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Entry Level Credit Analyst information

See Indiana salary details

$14

$28

$46

How much do entry level credit analyst jobs pay per hour?

As of Jul 4, 2026, the average hourly pay for entry level credit analyst in Indiana is $28.48, according to ZipRecruiter salary data. Most workers in this role earn between $21.97 and $32.02 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Entry Level Credit Analyst, and why are they important?

To thrive as an Entry Level Credit Analyst, you need strong analytical abilities, a solid understanding of financial statements, and typically a bachelor's degree in finance, accounting, or a related field. Familiarity with financial modeling tools, Microsoft Excel, and credit analysis software is often required. Attention to detail, effective communication, and problem-solving skills are essential soft skills in this role. These competencies ensure accurate risk assessments, clear reporting, and effective decision-making in evaluating creditworthiness.

What does an Entry Level Credit Analyst do?

An Entry Level Credit Analyst is responsible for evaluating the creditworthiness of individuals or companies by analyzing financial data and credit reports. They help determine the risk involved in lending money or extending credit and may assist in setting credit limits or recommending loan approvals. Their role often involves preparing financial spreadsheets, reviewing credit applications, and supporting senior analysts in making informed decisions. This position is a great starting point for those interested in finance or banking, offering valuable experience in risk assessment and financial analysis.

What is the difference between Entry Level Credit Analyst vs Credit Underwriter?

AspectEntry Level Credit AnalystCredit Underwriter
Required CredentialsBachelor's degree in finance, accounting, or related field; basic knowledge of credit analysisBachelor's degree; often additional certifications like CFA or credit-specific training
Work EnvironmentOffice setting, analyzing financial data, preparing reportsOffice setting, assessing credit applications, making approval decisions
Employer & Industry UsageFinancial institutions, banks, credit agenciesBanks, lending companies, financial services
Common Search & Comparison IntentUnderstanding entry-level roles in credit analysisComparing roles involved in credit approval process

Entry Level Credit Analysts typically focus on analyzing financial data and preparing reports to support credit decisions, often with less responsibility than Credit Underwriters, who evaluate and approve credit applications. Both roles require similar educational backgrounds and are common in financial institutions, but Credit Underwriters usually have more decision-making authority and specialized training.

What are some common challenges faced by entry level credit analysts in their first year, and how can they overcome them?

Entry level credit analysts often encounter challenges such as adapting to complex financial analysis tools, understanding industry-specific credit risk factors, and managing a high volume of loan applications under tight deadlines. To overcome these obstacles, it's helpful to seek mentorship from experienced colleagues, proactively participate in training sessions, and regularly review credit policies and case studies. Collaboration with senior analysts and open communication with team members can also accelerate learning and ensure accurate credit assessments.
What are the most commonly searched types of Credit Analyst jobs in Indiana? The most popular types of Credit Analyst jobs in Indiana are:
What are popular job titles related to Entry Level Credit Analyst jobs in Indiana? For Entry Level Credit Analyst jobs in Indiana, the most frequently searched job titles are:
What cities in Indiana are hiring for Entry Level Credit Analyst jobs? Cities in Indiana with the most Entry Level Credit Analyst job openings:
Infographic showing various Entry Level Credit Analyst job openings in Indiana as of June 2026, with employment types broken down into 98% Full Time, 1% Part Time, and 1% Temporary. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $59,228 per year, or $28.5 per hour.

Full-time

Posted 25 days ago


Job description

Job Description:

Position Summary:

The Financial Analyst is an entry level role that supports Everwise by analyzing and reporting on the performance of consumer, mortgage, and commercial loan portfolios. This position helps monitor portfolio health, identify trends, and support data-driven lending and risk management decisions. The analyst is responsible for tracking key loan metrics such as delinquency, charge-offs, concentrations, and yields, and prepares routine reports for leadership. In addition, this role supports credit risk and regulatory processes, including allowance calculations and basic stress testing.

This position is ideal for someone early in their career who is detail-oriented, curious, and interested in building foundational knowledge of loan portfolios within a credit union environment.

The Financial Analyst is responsible for compiling, evaluating, and analyzing financial data for the credit union. This role will support the organization's corporate planning including budgeting, modeling, and analysis for financial decision-making.

Primary Responsibilities and Duties:

  • Reporting: Assist in loading, balancing, and organization of data as it is used in reporting systems.
  • Collect, validate, and organize financial data to ensure accuracy for system loads
  • Assist in financial analysis and forecasting under the guidance of management.
  • Conduct trend analysis and research to identify opportunities, risks, and variances.
  • Budgeting: Responsible for assisting in analyzing, loading, and maintaining financial data into the budget systems.
  • Assist by maintaining, collecting, and modifying budget templates for business partners.
  • Analyze historical performance and project future trends. Provide support for scenarios and sensitivity analysis by documenting and updating key stakeholder assumptions.
  • Review budget proposals from business units ensuring allocation of funds aligned with corporate strategy and
  • Audit and Support
    • Assist with regulatory, audit, and compliance related reporting.
  • Document processes and standards for reporting and data collection
  • Partner with internal stakeholders, external partners, and vendor relationships focusing on the growth and advancement of the Credit Union.
  • Participate in special projects and ad hoc analysis to build analytical and business knowledge.

Knowledge/Skills:

  • Exceptional communication skills, to include verbal, written, visual, and quantitative
  • Adept at developing relationships across diverse teams
  • Knowledge of cost accounting principles
  • Excellent analytical skills and ability to interpret financial data
  • Proficiency with contemporary business productivity and collaboration software such as Microsoft Office, Teams, and exceptional Excel skills
  • Collaborates well with individuals and teams

Minimum Requirements:

  • Bachelor's degree required.
  • 1-3 years' experience financial or analytic experience required.
  • Experience working within the financial services industry is strongly preferred.

Everwise is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.