Commercial Credit Analyst Associate

Union Bank of VT/ NH; Morristown (VT); On-site; USD 46,000 - 54,000; Full time

Benefits offered by this job

Generous PTO

Health Insurance

401K matching

Bankers’ hours

Paid Federal Holidays

Job summary

Union Bank of VT/NH is seeking an entry-level Commercial Credit Analyst Associate to assist underwriting and credit analysis while developing foundational knowledge of commercial lending and risk concepts. You will work under Credit Analysts and Officers to gather data, analyze financial statements, and prepare credit packages.

The role provides exposure to commercial real estate, C&I lending, and other credit products, with strong benefits and a path toward advancement within Commercial Credit

Qualifications

• Associate's or Bachelor's degree in Business, Finance, Accounting, Economics, or related field preferred; equivalent experience may be considered.
• Previous banking, accounting, finance, or business experience preferred but not required.
• Demonstrated proficiency with Microsoft Excel and Microsoft Word.

Responsibilities

• Support underwriting and credit analysis processes.
• Perform financial statement analysis.
• Assist with annual review preparation and credit package development.
• Gather collateral and guarantor information, validate data, and support documentation.
• Contribute to credit risk assessment and administrative tasks.
• Learn commercial lending concepts and professional development.

Skills

Analytical skills

Problem solving

Attention to detail

Communication skills

Excel

Word

Teamwork

Deadline-driven

Education

Business/Finance/Economics degree

Tools

Microsoft Excel

Microsoft Word

Job description

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, support continuing education, and believe in promoting from within.

SUMMARY:

The Commercial Credit Analyst Associate is an entry-level developmental position within Commercial Credit Administration responsible for supporting the underwriting and credit analysis process while developing foundational knowledge of commercial lending, financial analysis, risk assessment, and credit administration practices.

Working under the guidance of Credit Analysts, Credit Officers, and Credit Administration leadership, the Credit Analyst Associate assists with financial statement analysis, underwriting support activities, annual review preparation, credit package development, collateral and guarantor information gathering, data validation, and documentation support. The position is designed to build the technical knowledge, analytical skills, and professional competencies necessary for advancement to a Commercial Credit Analyst I role.

This role serves as the foundation of the Commercial Credit career path and provides exposure to commercial real estate, commercial and industrial lending, construction lending, and other commercial credit products.

Why work with us?

While working for a VT Based company that makes a difference in our VT and NH communities, you can enjoy the following perks:

• 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

• Associate's or Bachelor's degree in Business, Finance, Accounting, Economics, or a related field preferred; equivalent experience may be considered.
• Previous banking, accounting, finance, or business experience preferred but not required.
• Strong aptitude for analytical and problem-solving work.
• Strong attention to detail and organizational skills.
• Excellent written and verbal communication skills.
• Demonstrated proficiency with Microsoft Excel and Microsoft Word.
• Ability and willingness to learn commercial lending, accounting, financial analysis, and credit risk concepts.
• Demonstrated commitment to continuous learning and professional development.
• Ability to work effectively in a team-oriented and deadline-driven environment.

Salary: $22.00 -$26.00/ hour