A person working as Credit Risk Analyst in Ukraine typically earns around 28,600 UAH. Salaries range from 13,500 UAH (lowest) to 45,300 UAH (highest).
This is the average salary including housing, transport, and other benefits. Credit Risk Analyst salaries in Ukraine vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Minimum Salary 13,500 UAH |
Median 27,200 UAH |
Maximum 45,300 UAH |
Salaries for the position Credit Risk Analyst in Ukraine range from 13,500 UAH (starting salary) to 45,300 UAH (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.
With a median salary of 27,200 UAH, half of the professionals who work as Credit Risk Analyst in Ukraine 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.
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 Credit Risk Analyst in Ukraine earn less than 22,000 UAH, while 75% earn more. Similarly, the chart shows that 75% earn less than 31,200 UAH while 25% earn more.
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 Credit Risk Analyst in Ukraine compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 16,500 UAH to 23,700 UAH. About 20% of salaries are below the 16,500 UAH mark, while 10% fall within the range of 23,700 UAH to 27,000 UAH. Only 5% of individuals have salaries exceeding 27,000 UAH.
0 - 2 Years | 15,500 UAH | |
2 - 5 Years | +38% | 21,400 UAH |
5 - 10 Years | +42% | 30,500 UAH |
10 - 15 Years | +22% | 37,100 UAH |
15 - 20 Years | +6% | 39,200 UAH |
20+ Years | +9% | 42,700 UAH |
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 Credit Risk Analyst and this is what we found.
Employees with less than two years of experience earn approximately 15,500 UAH.
While someone with an experience level between two and five years is expected to earn 21,400 UAH, 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 30,500 UAH, 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 37,100 UAH, 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 39,200 UAH, 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 42,700 UAH, 9% more than people with fifteen to twenty years of experience.
Bachelor's Degree | 21,400 UAH | |
Master's Degree | +83% | 39,200 UAH |
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 Credit Risk Analyst in order to make a comparison.
Employees at this education level have an average salary of 21,400 UAH.
At this level, the average salary becomes 39,200 UAH, 83% more than the previous level.
A Master's degree program or any post-graduate program in Ukraine costs anywhere from 115,000 UAH to 346,000 UAH 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.
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 Credit Risk Analyst in Ukraine, the average difference between the salary of male and female employees is 12%.
Male | 30,500 UAH | |
Female | -11% | 27,200 UAH |
Individuals working as Credit Risk Analyst in Ukraine are likely to observe a salary increase of approximately 12% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.
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.
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
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.
19% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 81% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
Received Bonus | 81% | |
No Bonus | 19% |
The 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.
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.
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.
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.
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.
The minimum pay rate per hour for people working as Credit Risk Analyst in Ukraine is 78 UAH. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Banking | -100% | |
AML Analyst | 36,600 UAH | +28% |
Assistant Bank Branch Manager | 30,700 UAH | +7% |
Assistant Bank Manager | 42,300 UAH | +48% |
ATM Manager | 33,200 UAH | +16% |
ATM Service Technician | 9,390 UAH | -67% |
Bank Accounts Analyst | 13,400 UAH | -53% |
Bank Accounts Collector | 8,400 UAH | -71% |
Bank Accounts Controller | 16,900 UAH | -41% |
Bank Accounts Executive | 25,700 UAH | -10% |
Bank Accounts Manager | 30,600 UAH | +7% |
Bank Auditing Manager | 31,100 UAH | +9% |
Bank Branch Manager | 40,800 UAH | +42% |
Bank Branch Operations Coordinator | 18,400 UAH | -36% |
Bank Clerk | 7,680 UAH | -73% |
Bank Client Service Associate | 11,400 UAH | -60% |
Bank Collector | 8,130 UAH | -72% |
Bank Compliance Specialist | 21,600 UAH | -25% |
Bank Manager | 51,200 UAH | +79% |
Bank Operational Risk Manager | 50,400 UAH | +76% |
Bank Operations Head | 49,700 UAH | +74% |
Bank Operations Officer | 19,200 UAH | -33% |
Bank Operations Specialist | 29,700 UAH | +4% |
Bank Process Manager | 27,100 UAH | -5% |
Bank Product Manager | 32,400 UAH | +13% |
Bank Programme Manager | 33,500 UAH | +17% |
Bank Project Manager | 39,600 UAH | +38% |
Bank Propositions Manager | 36,700 UAH | +28% |
Bank Quantitative Analyst | 24,900 UAH | -13% |
Bank Regional Manager | 49,800 UAH | +74% |
Bank Regional Risk Officer | 26,100 UAH | -9% |
Bank Relationship Manager | 37,500 UAH | +31% |
Bank Relationship Officer | 16,700 UAH | -42% |
Bank Sustainability Analyst | 30,000 UAH | +5% |
Bank Teller | 8,770 UAH | -69% |
Banker | 18,200 UAH | -36% |
Banking Business Analyst | 26,000 UAH | -9% |
Banking Business Development Officer | 15,700 UAH | -45% |
Banking Business Planning Executive | 37,100 UAH | +30% |
Banking Data Analyst | 28,600 UAH | -0% |
Banking Product Manager | 33,000 UAH | +15% |
Banking Reference Data Manager | 27,100 UAH | -5% |
Banking Regulatory Compliance Officer | 30,100 UAH | +5% |
Banking Risk Analyst | 26,200 UAH | -9% |
Banking Technical Analyst | 14,200 UAH | -50% |
Bankruptcy Coordinator | 18,100 UAH | -37% |
Bill and Account Collector | 9,370 UAH | -67% |
Blockchain Analyst | 22,100 UAH | -23% |
Blockchain Architect | 26,300 UAH | -8% |
Blockchain Auditor | 21,700 UAH | -24% |
Blockchain Compliance Analyst | 23,000 UAH | -20% |
Blockchain Consultant | 24,700 UAH | -14% |
Blockchain Trade Facilitator | 22,100 UAH | -23% |
Budget Analyst | 26,000 UAH | -9% |
Capital Risk Manager | 48,700 UAH | +70% |
Cards Marketing Manager | 31,500 UAH | +10% |
Cash Management Manager | 45,100 UAH | +57% |
Check Processing Manager | 34,200 UAH | +19% |
Chief Blockchain Officer | 28,800 UAH | +1% |
Commercial Vault Associate | 25,000 UAH | -13% |
Corporate Banker | 18,600 UAH | -35% |
Corporate Dealer | 26,300 UAH | -8% |
Credit Analyst | 20,100 UAH | -30% |
Credit and Collections Manager | 35,800 UAH | +25% |
Credit Card Fraud Investigator | 25,400 UAH | -11% |
Credit Portfolio Manager | 48,600 UAH | +70% |
Credit Risk Analyst | 28,600 UAH | -0% |
Credit Risk Associate | 27,600 UAH | -4% |
Cryptocurrency Accountant | 15,800 UAH | -45% |
Cryptocurrency Adviser | 31,500 UAH | +10% |
Cryptocurrency Analyst | 24,300 UAH | -15% |
Cryptocurrency Compliance Manager | 30,900 UAH | +8% |
Cryptocurrency Trader | 25,700 UAH | -10% |
Digital Banking Manager | 33,300 UAH | +16% |
Digital Currency Analyst | 25,100 UAH | -12% |
Direct Bank Sales Representative | 17,900 UAH | -38% |
Exchange Control Consultant | 27,700 UAH | -3% |
Executive Account Analyst | 25,400 UAH | -11% |
Financial Bank Planning Consultant | 33,100 UAH | +16% |
Financial Banking Analysis Manager | 39,200 UAH | +37% |
Financial Banking Assistant | 11,800 UAH | -59% |
Financial Banking Systems Manager | 34,600 UAH | +21% |
Foreign Exchange Manager | 38,000 UAH | +33% |
Fraud Analyst | 28,400 UAH | -1% |
Fraud Detection Associate | 19,300 UAH | -33% |
Fraud Detection Manager | 40,800 UAH | +42% |
Fraud Detection Supervisor | 21,600 UAH | -25% |
Internal Bank Audit Manager | 47,600 UAH | +66% |
Internal Bank Auditor | 25,900 UAH | -10% |
Internal Private Banker | 18,800 UAH | -34% |
International Banking Manager | 50,900 UAH | +78% |
Investment Banking Analyst | 36,500 UAH | +27% |
Loan Analyst | 24,300 UAH | -15% |
Loan Area Manager | 32,100 UAH | +12% |
Loan Audit Team Leader | 30,100 UAH | +5% |
Loan Branch Manager | 27,700 UAH | -3% |
Loan Business Development Officer | 15,300 UAH | -47% |
Loan Clerk | 9,190 UAH | -68% |
Loan Collection and Recovery Manager | 29,600 UAH | +3% |
Loan Collection Manager | 31,900 UAH | +11% |
Loan Collector | 8,300 UAH | -71% |
Loan Examiner | 11,400 UAH | -60% |
Loan Officer | 10,000 UAH | -65% |
Loan Processing Manager | 28,800 UAH | +1% |
Loan Processor | 11,200 UAH | -61% |
Loan Quality Assurance Auditor | 25,800 UAH | -10% |
Loan Quality Assurance Manager | 29,400 UAH | +3% |
Loan Quality Assurance Representative | 20,100 UAH | -30% |
Loan Review Manager | 28,200 UAH | -2% |
Loan Team Leader | 25,900 UAH | -10% |
Loans Manager | 33,500 UAH | +17% |
Mortgage Advisor | 18,200 UAH | -36% |
Mortgage Collection Manager | 31,500 UAH | +10% |
Mortgage Collector | 8,180 UAH | -71% |
Mortgage Credit Analyst | 13,700 UAH | -52% |
Mortgage Credit Manager | 29,400 UAH | +3% |
Mortgage Development Manager | 31,300 UAH | +9% |
Mortgage Document Reviewer | 11,000 UAH | -62% |
Mortgage Funding Manager | 33,400 UAH | +17% |
Mortgage Operations Manager | 46,000 UAH | +61% |
Mortgage Payment Processing Clerk | 9,410 UAH | -67% |
Mortgage Processing Manager | 30,300 UAH | +6% |
Mortgage Processor | 11,000 UAH | -62% |
Mortgage Quality Assurance Auditor | 25,000 UAH | -13% |
Mortgage Quality Assurance Manager | 29,400 UAH | +3% |
Mortgage Servicing Clerk | 8,760 UAH | -69% |
Mortgage Servicing Manager | 28,600 UAH | -0% |
Mortgage Underwriter | 11,300 UAH | -61% |
Online Banking Manager | 44,400 UAH | +55% |
Open Banking Strategist | 26,400 UAH | -8% |
Payment Processing Clerk | 9,300 UAH | -68% |
Personal Banker | 18,200 UAH | -36% |
Personal Banking Advisor | 18,600 UAH | -35% |
Phone Banker | 12,500 UAH | -56% |
Private Banker | 19,400 UAH | -32% |
Reconciliation and Investigation Specialist | 21,800 UAH | -24% |
Tax Officer | 15,100 UAH | -47% |
Teller | 8,980 UAH | -69% |
Trade Officer | 10,100 UAH | -65% |
Trade Product Manager | 29,700 UAH | +4% |
Trader | 12,800 UAH | -55% |
Treasury Operations Officer | 22,200 UAH | -22% |
Wealth Management Advisor | 38,700 UAH | +35% |
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 Ukraine is 7% on average across all career fields.
Private Sector | 22,100 UAH | |
Public Sector | +7% | 23,700 UAH |
A good and competitive compensation would range anywhere between 27,200 UAH and 31,200 UAH. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
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.
The base salary for a careers like Credit Risk Analyst in Ukraine ranges from 13,500 UAH to 22,000 UAH. 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.
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