Loan Analyst Average Salary in Shanghai 2024
How much money does a person working as Loan Analyst make in Shanghai?
LOW
16,300
CNY AVERAGE
34,700
CNY HIGH
54,800
CNY
A person working as Loan Analyst in Shanghai typically earns around 34,700 CNY. Salaries range from 16,300 CNY (lowest) to 54,800 CNY (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Loan Analyst salaries in Shanghai vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Loan Analyst Pay Scale and Salaries in Shanghai
Salary Structure and Pay Scale Comparison
32,700 CNY or more
28,700 to 32,700 CNY
20,000 CNY or less
20,000 to 28,700 CNY
 16,300 CNY |
32,900 CNY |
54,800 CNY |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Loan Analyst in Shanghai range from 16,300 CNY (starting salary) to 54,800 CNY (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 32,900 CNY, half of the professionals who work as Loan Analyst in Shanghai earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Loan Analyst in Shanghai earn less than 26,700 CNY, while 75% earn more. Similarly, the chart shows that 75% earn less than 37,800 CNY while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Loan Analyst in Shanghai compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 20,000 CNY to 28,700 CNY. About 20% of salaries are below the 20,000 CNY mark, while 10% fall within the range of 28,700 CNY to 32,700 CNY. Only 5% of individuals have salaries exceeding 32,700 CNY.
Salary Comparison by Years of Experience / Loan Analyst / Shanghai
How do experience and age affect pay?
| 0 - 2 Years | 18,800 CNY | |
| 2 - 5 Years | +38% | 25,900 CNY |
| 5 - 10 Years | +42% | 36,900 CNY |
| 10 - 15 Years | +22% | 45,000 CNY |
| 15 - 20 Years | +6% | 47,500 CNY |
| 20+ Years | +9% | 51,800 CNY |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Loan Analyst and this is what we found.
Employees with less than two years of experience earn approximately 18,800 CNY.
While someone with an experience level between two and five years is expected to earn 25,900 CNY, 38% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 36,900 CNY, 42% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 45,000 CNY, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 47,500 CNY, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 51,800 CNY, 9% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Loan Analyst / Shanghai
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Loan Analyst.
| Bachelor's Degree | 25,900 CNY | |
| Master's Degree | +83% | 47,500 CNY |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Loan Analyst in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 25,900 CNY.
Level 2: Master's Degree
At this level, the average salary becomes 47,500 CNY, 83% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in China costs anywhere from 147,000 CNY to 441,000 CNY and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Loan Analyst / Shanghai
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Loan Analyst in China, the average difference between the salary of male and female employees is 11%.
| Male | 33,700 CNY | |
| Female | -10% | 30,200 CNY |
Salary Comparison By Gender in China for all Careers
Average Annual Salary Increment Percentage / Loan Analyst / Shanghai
How much are annual salary increments in Shanghai for individuals working as Loan Analyst? How often do employees get salary raises?
Individuals working as Loan Analyst in China are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.
China / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Loan Analyst / China
How much and how often are bonuses being awarded?
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Loan Analyst / Shanghai
200 CNY per hourThe average hourly wage (pay per hour) for individuals working as Loan Analyst in Shanghai is 200 CNY.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Loan Analyst in Shanghai is 94 CNY. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Banking |  -100% | |
| AML Analyst | 52,700 CNY |  +52% |
| Assistant Bank Branch Manager | 45,600 CNY | +31% |
| Assistant Bank Manager | 59,400 CNY | +71% |
| ATM Manager | 50,300 CNY | +45% |
| ATM Service Technician | 13,900 CNY | -60% |
| Bank Accounts Analyst | 19,400 CNY | -44% |
| Bank Accounts Collector | 11,900 CNY | -66% |
| Bank Accounts Controller | 25,500 CNY | -27% |
| Bank Accounts Executive | 37,900 CNY | +9% |
| Bank Accounts Manager | 44,000 CNY | +27% |
| Bank Auditing Manager | 44,800 CNY | +29% |
| Bank Branch Manager | 62,100 CNY | +79% |
| Bank Branch Operations Coordinator | 27,100 CNY | -22% |
| Bank Clerk | 10,900 CNY | -69% |
| Bank Client Service Associate | 16,200 CNY | -53% |
| Bank Collector | 12,300 CNY | -65% |
| Bank Compliance Specialist | 30,000 CNY | -14% |
| Bank Manager | 68,500 CNY | +97% |
| Bank Operational Risk Manager | 67,000 CNY | +93% |
| Bank Operations Head | 69,700 CNY | +100% |
| Bank Operations Officer | 27,900 CNY | -20% |
| Bank Operations Specialist | 42,900 CNY | +24% |
| Bank Process Manager | 37,600 CNY | +8% |
| Bank Product Manager | 44,500 CNY | +28% |
| Bank Programme Manager | 49,800 CNY | +43% |
| Bank Project Manager | 56,000 CNY | +61% |
| Bank Propositions Manager | 51,400 CNY | +48% |
| Bank Quantitative Analyst | 35,400 CNY | +2% |
| Bank Regional Manager | 72,200 CNY | +110% |
| Bank Regional Risk Officer | 35,300 CNY | +2% |
| Bank Relationship Manager | 53,000 CNY | +53% |
| Bank Relationship Officer | 23,400 CNY | -33% |
| Bank Sustainability Analyst | 40,000 CNY | +15% |
| Bank Teller | 11,800 CNY | -66% |
| Banker | 24,300 CNY | -30% |
| Banking Business Analyst | 36,900 CNY | +6% |
| Banking Business Development Officer | 21,700 CNY | -37% |
| Banking Business Planning Executive | 50,500 CNY | +46% |
| Banking Data Analyst | 41,100 CNY | +18% |
| Banking Product Manager | 43,800 CNY | +26% |
| Banking Reference Data Manager | 41,100 CNY | +18% |
| Banking Regulatory Compliance Officer | 42,300 CNY | +22% |
| Banking Risk Analyst | 34,600 CNY | -0% |
| Banking Technical Analyst | 20,000 CNY | -42% |
| Bankruptcy Coordinator | 25,600 CNY | -26% |
| Bill and Account Collector | 13,000 CNY | -63% |
| Blockchain Analyst | 31,600 CNY | -9% |
| Blockchain Architect | 36,700 CNY | +6% |
| Blockchain Auditor | 32,600 CNY | -6% |
| Blockchain Compliance Analyst | 33,700 CNY | -3% |
| Blockchain Consultant | 35,400 CNY | +2% |
| Blockchain Trade Facilitator | 31,000 CNY | -11% |
| Budget Analyst | 37,700 CNY | +9% |
| Capital Risk Manager | 68,900 CNY | +99% |
| Cards Marketing Manager | 45,900 CNY | +32% |
| Cash Management Manager | 60,700 CNY | +75% |
| Check Processing Manager | 45,000 CNY | +30% |
| Chief Blockchain Officer | 40,800 CNY | +18% |
| Commercial Vault Associate | 35,200 CNY | +1% |
| Corporate Banker | 25,100 CNY | -28% |
| Corporate Dealer | 36,800 CNY | +6% |
| Credit Analyst | 27,200 CNY | -22% |
| Credit and Collections Manager | 47,300 CNY | +36% |
| Credit Card Fraud Investigator | 36,300 CNY | +5% |
| Credit Portfolio Manager | 66,400 CNY | +91% |
| Credit Risk Analyst | 42,500 CNY | +22% |
| Credit Risk Associate | 37,300 CNY | +7% |
| Cryptocurrency Accountant | 22,900 CNY | -34% |
| Cryptocurrency Adviser | 44,500 CNY | +28% |
| Cryptocurrency Analyst | 33,400 CNY | -4% |
| Cryptocurrency Compliance Manager | 41,600 CNY | +20% |
| Cryptocurrency Trader | 37,300 CNY | +7% |
| Digital Banking Manager | 47,700 CNY | +37% |
| Digital Currency Analyst | 35,300 CNY | +2% |
| Direct Bank Sales Representative | 24,900 CNY | -28% |
| Exchange Control Consultant | 38,200 CNY | +10% |
| Executive Account Analyst | 36,200 CNY | +4% |
| Financial Bank Planning Consultant | 44,800 CNY | +29% |
| Financial Banking Analysis Manager | 52,000 CNY | +50% |
| Financial Banking Assistant | 16,900 CNY | -51% |
| Financial Banking Systems Manager | 48,400 CNY | +39% |
| Foreign Exchange Manager | 51,900 CNY | +50% |
| Fraud Analyst | 37,900 CNY | +9% |
| Fraud Detection Associate | 25,700 CNY | -26% |
| Fraud Detection Manager | 56,200 CNY | +62% |
| Fraud Detection Supervisor | 31,100 CNY | -10% |
| Internal Bank Audit Manager | 65,200 CNY | +88% |
| Internal Bank Auditor | 34,800 CNY | +0% |
| Internal Private Banker | 26,900 CNY | -22% |
| International Banking Manager | 73,600 CNY | +110% |
| Investment Banking Analyst | 50,800 CNY | +46% |
| Loan Analyst | 34,700 CNY | -0% |
| Loan Area Manager | 42,500 CNY | +22% |
| Loan Audit Team Leader | 39,800 CNY | +15% |
| Loan Branch Manager | 39,500 CNY | +14% |
| Loan Business Development Officer | 21,300 CNY | -39% |
| Loan Clerk | 12,500 CNY | -64% |
| Loan Collection and Recovery Manager | 42,500 CNY | +22% |
| Loan Collection Manager | 42,400 CNY | +22% |
| Loan Collector | 11,600 CNY | -67% |
| Loan Examiner | 15,500 CNY | -55% |
| Loan Officer | 13,800 CNY | -60% |
| Loan Processing Manager | 38,400 CNY | +11% |
| Loan Processor | 16,100 CNY | -54% |
| Loan Quality Assurance Auditor | 36,200 CNY | +4% |
| Loan Quality Assurance Manager | 40,300 CNY | +16% |
| Loan Quality Assurance Representative | 26,900 CNY | -22% |
| Loan Review Manager | 40,700 CNY | +17% |
| Loan Team Leader | 36,500 CNY | +5% |
| Loans Manager | 48,900 CNY | +41% |
| Mortgage Advisor | 25,100 CNY | -28% |
| Mortgage Collection Manager | 42,400 CNY | +22% |
| Mortgage Collector | 11,900 CNY | -66% |
| Mortgage Credit Analyst | 19,300 CNY | -44% |
| Mortgage Credit Manager | 40,700 CNY | +17% |
| Mortgage Development Manager | 46,800 CNY | +35% |
| Mortgage Document Reviewer | 16,000 CNY | -54% |
| Mortgage Funding Manager | 47,500 CNY | +37% |
| Mortgage Operations Manager | 64,100 CNY | +85% |
| Mortgage Payment Processing Clerk | 14,200 CNY | -59% |
| Mortgage Processing Manager | 42,000 CNY | +21% |
| Mortgage Processor | 16,500 CNY | -52% |
| Mortgage Quality Assurance Auditor | 36,700 CNY | +6% |
| Mortgage Quality Assurance Manager | 42,100 CNY | +21% |
| Mortgage Servicing Clerk | 12,800 CNY | -63% |
| Mortgage Servicing Manager | 40,800 CNY | +18% |
| Mortgage Underwriter | 15,800 CNY | -54% |
| Online Banking Manager | 62,700 CNY | +81% |
| Open Banking Strategist | 37,100 CNY | +7% |
| Payment Processing Clerk | 12,800 CNY | -63% |
| Personal Banker | 26,600 CNY | -23% |
| Personal Banking Advisor | 25,900 CNY | -25% |
| Phone Banker | 17,200 CNY | -50% |
| Private Banker | 26,200 CNY | -25% |
| Reconciliation and Investigation Specialist | 30,500 CNY | -12% |
| Tax Officer | 21,900 CNY | -37% |
| Teller | 12,400 CNY | -64% |
| Trade Officer | 15,200 CNY | -56% |
| Trade Product Manager | 43,600 CNY | +26% |
| Trader | 18,300 CNY | -47% |
| Treasury Operations Officer | 30,700 CNY | -12% |
| Wealth Management Advisor | 54,000 CNY | +56% |
Salary Comparison By City
| City | Average Salary |
| Shanghai | 34,700 CNY |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in China is 6% on average across all career fields.
| Private Sector | 28,600 CNY | |
| Public Sector | +6% | 30,300 CNY |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Loan Analyst in Shanghai?
A good and competitive compensation would range anywhere between 32,900 CNY and 37,800 CNY. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Loan Analyst in Shanghai ranges from 16,300 CNY to 26,700 CNY. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
