Commercial Credit Analyst

Union Bank of VT & NH; Morristown (VT); On-site; USD 55,000 - 70,000; Full time

Benefits offered by this job

Paid Time Off

Health Insurance

Disability insurance

401K retirement account

Bankers' hours

Federal holidays

Job summary

Union Bank of VT & NH in Vermont is seeking a Commercial Credit Analyst I to provide financial analysis, underwriting support, and credit risk assessment for commercial loan relationships. You will analyze borrower and guarantor financial statements, evaluate repayment capacity, and assist with annual reviews, renewals, modifications, and other credit requests.

This role works with Commercial Lenders, Portfolio Managers, and Credit Officers to promote sound credit decisions and maintain robust

Qualifications

• Bachelor's degree in Business, Finance, Accounting, Economics, or related field preferred.
• 1-3 years of banking, credit analysis, accounting, finance, lending, or related experience preferred.
• Demonstrated ability to analyze financial statements and financial information.
• Working knowledge of accounting principles and financial statement interpretation.
• Working knowledge of commercial lending practices, credit analysis concepts, and underwriting fundamentals.
• Strong organizational, analytical, and problem-solving skills.
• Strong written and verbal communication skills. Proficiency with Microsoft Excel, Word, and underwriting software platforms.
• Ability to manage multiple priorities and deadlines.

Responsibilities

• Provide financial analysis and underwriting support for commercial loan relationships.
• Analyze borrower and guarantor financial information and evaluate repayment capacity.
• Assist with risk rating recommendations and annual reviews, renewals, modifications, and other credit requests.
• Support Commercial Lenders, Portfolio Managers, Credit Officers, and Credit Administration.
• Prepare timely analytical inputs to promote sound credit decisions.

Skills

Analytical skills

Communication

Excel

Underwriting software

Time management

Education

Bachelor's degree in Business/Finance/Accounting/Economics

Tools

Microsoft Excel

Microsoft Word

Underwriting software

Job description

Union Bank has called Vermont home since 1891 — and we're proud of our local roots. We're a modern, community-focused bank where people come to grow their careers and make a difference. We offer strong benefits and support continuing education.

Union Bank has called Vermont home since 1891 — and we're proud of our local roots. We're a modern, community-focused bank where people come to grow their careers and make a difference. We offer strong benefits and support continuing education.

Summary

The Commercial Credit Analyst I is responsible for providing financial analysis, underwriting support, and credit risk assessment for commercial loan relationships. The Credit Analyst I supports Commercial Lenders, Portfolio Managers, Credit Officers, and Credit Administration by analyzing borrower and guarantor financial information, evaluating repayment capacity, assessing collateral support, assisting with risk rating recommendations, and contributing to the preparation of annual reviews, renewals, modifications, and other credit requests.

The Credit Analyst I works independently on routine to moderately complex commercial credit relationships while continuing to develop expertise in commercial lending, financial analysis, underwriting practices, and credit risk assessment. The position serves as an integral part of the commercial credit process by providing consistent, accurate, and timely analytical support that promotes sound credit decision-making.

Why work with us?

• Generous Paid Time Off
• Health, Dental, and Life Insurance
• Partially paid Short and Long-Term Disability
• Company-matched 401K retirement account
• Bankers' hours
• Paid Federal Holidays

Requirements

• Bachelor's degree in Business, Finance, Accounting, Economics, or a related field preferred; equivalent experience may be considered.
• 1-3 years of banking, credit analysis, accounting, finance, lending, or related experience preferred.
• Demonstrated ability to analyze financial statements and financial information.
• Working knowledge of accounting principles and financial statement interpretation.
• Working knowledge of commercial lending practices, credit analysis concepts, and underwriting fundamentals.
• Strong organizational, analytical, and problem-solving skills.
• Strong written and verbal communication skills.Proficiency with Microsoft Excel, Word, and underwriting software platforms.
• Ability to manage multiple priorities and deadlines.
• Demonstrated commitment to professional development within the Credit Analyst career path.

Salary: $55k - $70k / annually