Career and Education Opportunities for Credit Analysts in Nevada
Nevada has a population of 2,643,085, which has grown by 32.27% over the past 10 years. Nicknamed the "Silver State," its capital is Carson City, though its most populous city is Las Vegas.
Currently, 450 people work as credit analysts in Nevada. This is expected to grow by 20% to about 540 people by 2016. This is better than the nation as a whole, where employment opportunities for credit analysts are expected to grow by about 15.0%. Credit analysts generally analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money.
Income for credit analysts is about $26 hourly or $55,380 per year on average in Nevada. Nationally, their income is about $26 per hour or $55,250 per year. Earnings for credit analysts are not quite as good as earnings in the general category of Accounting and Auditing in Nevada and not quite as good as general Accounting and Auditing category earnings nationally. Jobs in this field include: credit administrator, risk analyst, and credit assessment analyst.
In 2008, there were a total of 1,638,004 jobs in Nevada. The average annual income was $40,936 in 2008, up from $40,930 the preceding year. The unemployment rate in Nevada was 11.8% in 2009, which has grown by 5.1% since the previous year. Roughly 18.2% of Nevada residents have college degrees, which is lower than the national average.
The top industries in Nevada include accommodation services, accommodation, and traveler accommodation. Notable tourist attractions include the Lied Discovery Children's Museum, the Las Vegas International Scout Museum, and the Sin Gentlemen's Club.
CITIES WITH Credit Analyst OPPORTUNITIES IN Nevada
JOB DESCRIPTION: Credit Analyst
In general, credit analysts analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. They also prepare reports with this credit information for use in decision-making.
Every day, credit analysts are expected to be able to think through problems and come up with general rules. They need to articulate ideas and problems. It is also important that they deal with basic arithmetic problems.
Similar jobs with educational opportunities in Nevada include:
- Accountant. Analyze financial information and prepare financial reports to determine or maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
- Assessor. Appraise real and personal property to determine its fair value. May assess taxes in accordance with prescribed schedules.
- Auditor. Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
- Budget Analyst. Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports for the purpose of maintaining expenditure controls.
- Cost Analyst. Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.
- Financial Analyst. Conduct quantitative analyses of information affecting investment programs of public or private institutions.
- Financial Examiner. Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify correctness of, or establish authenticity of records.
- Income Tax Advisor. Prepare tax returns for individuals or small businesses but do not have the background or responsibilities of an accredited or certified public accountant.
- Loan Counselor. Provide guidance to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions.
- Loan Officer. Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.
- Personal Financial Planner. Advise clients on financial plans utilizing knowledge of tax and investment strategies, securities, and real estate. Duties include assessing clients' assets, liabilities, and financial objectives to establish investment strategies.
- Real Estate Appraiser. Appraise real property to determine its value for purchase, sales, or loan purposes.
- Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
LOCATION INFORMATION: Nevada
Nevada has a population of 2,643,085, which has grown by 32.27% over the past 10 years. Nicknamed the "Silver State," its capital is Carson City, though its largest city is Las Vegas. In 2008, there were a total of 1,638,004 jobs in Nevada. The average annual income was $40,936 in 2008, up from $40,930 in 2007. The unemployment rate in Nevada was 11.8% in 2009, which has grown by 5.1% since the previous year. About 18.2% of Nevada residents have college degrees, which is lower than the national average.
The top industries in Nevada include accommodation services, accommodation, and traveler accommodation. Notable tourist attractions include the Sin Gentlemen's Club, the Madame Tussauds Las Vegas, and the Lied Discovery Children's Museum.