Junior Credit Analyst
Credit | Banking
Reports to: Credit Risk Manager
This position does not offer remote access. It is an in-office position located in Winsted, CT.
Summary of the Role
The Junior Credit Analyst performs financial and credit analysis activities that support the Bank’s commercial lending function. This role assists with underwriting, risk assessment, portfolio monitoring, and regulatory compliance while developing expertise in commercial lending and credit administration.
Key Responsibilities
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Perform credit analysis and risk rating reviews for commercial loan relationships
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Prepare written analyses of borrower financial statements for new and existing commercial loans
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Create financial spreads, calculate comparative ratios, and prepare credit approval memorandums within the Abrigo LOS platform
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Monitor compliance with Bank policies, lending procedures, and regulatory requirements
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Conduct research on borrowers, industries, and market conditions using available resources and publications
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Assist with portfolio monitoring, concentration analysis, and trend reporting
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Participate in lending, committee, and management meetings as appropriate
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Identify potential policy exceptions and regulatory compliance concerns
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Maintain current knowledge of commercial lending practices, regulatory developments, and economic conditions
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Represent the Bank through professional, industry, and community activities
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Perform additional duties as assigned
Skills
Credit Analysis & Risk Assessment Financial Statement Analysis
Commercial Lending Fundamentals Portfolio Monitoring
Data Analysis & Research Regulatory Compliance
Written Communication Attention to Detail
Problem Solving Microsoft Office Proficiency
Qualifications
Bachelor’s degree in Finance, Accounting, Business Administration, or related field (or equivalent experience)
Knowledge of accounting principles and financial analysis techniques
Strong analytical, organizational, interpersonal, and communication skills
Qualifications continued..
Proficiency with Microsoft Office applications, including Excel, Word, and Outlook
Ability to learn credit underwriting, risk assessment, and commercial lending practices
Working knowledge of spreadsheet applications and financial reporting tools
Regular attendance is an essential function of this position
Regular access to confidential customer financial, loan, and deposit information
Why Join Us
Gain hands-on exposure to commercial lending, portfolio management, and credit risk analysis while working alongside experienced banking professionals in a collaborative environment.
Work Environment & Physical Requirements
Primarily office-based role requiring prolonged sitting, computer use, and detailed analysis of financial information. Occasional standing, walking, bending, and lifting up to 10 pounds. Extended periods of computer screen use requiring close visual focus.
Equal Opportunity Employer
We are committed to creating an inclusive and diverse workplace. Employment decisions are based on qualifications, merit, and business needs without regard to any protected status.
