Credit Analyst

Eastern Bank Careers; Boston (MA); Hybrid; USD 34,000 - 54,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Eastern Bank invites you to join its formal credit training program in Boston. Hybrid role with 2–3 days in the office at 125 High St, Boston, MA. The program lasts two to three years and builds expertise across lending groups.

The Credit Analyst will spread financial statements, prepare independent credit analyses, and participate in the credit approval process while gaining exposure to commercial lending teams and credit committees.

Qualifications

• Bachelor's degree in Finance, Accounting or Economics.
• Detailed understanding of accounting.
• Excellent organizational and writing skills.
• Proficiency with Microsoft Office and internet research.
• Outstanding critical thinking, presentation, and communication skills.
• 1-2 years of experience in financial fields is a plus.

Responsibilities

• Spread financial statements using internal financial analysis software and create independent credit analyses of loan requests.
• Prepare credit memoranda in conjunction with credit approval and review.
• Analyze risks of ACH transactions and the Bank’s vendors.
• Attend Credit Committee meetings and prepare meeting minutes.
• Contribute to loan loss reserve research and related projects.

Skills

Financial analysis

Credit analysis

Microsoft Office

Writing skills

Communication skills

Excel

Education

Bachelor's degree in Finance, Accounting or Economics

Tools

Internal financial analysis software

Job description

This is a Hybrid Role : 2-3 Days a week in our Boston Office

Hiring Range: $24.56 - $39.48

The posted salary range reflects Eastern’s expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information.

Eastern Bank is offering a unique opportunity to the right individuals to begin a career in commercial banking by joining Eastern’s formal credit training program. The average time spent in the credit training program is two to three years. The program will involve assignment rotations through various lending groups including Commercial Real Estate, Middle Market Lending, and the Managed Assets Group to provide analysis support and work directly on lending opportunities . After the successful completion of the program the Credit Analyst should ultimately progress into the following long term career paths in various departments across the bank:

• Portfolio Manager and /or Relationship Manager in Commercial Real Estate and Middle Market Lending Teams
• Business Banker or Underwriter in the Business Banking Division
• Managed Assets Portfolio Manager and/or Relationship Manager
• Other role within Corporate Credit

The Credit Department provides analytical support to various teams within the Commercial Banking Division. The successful candidate will learn financial statement and other credit related analysis by working on the preparation of credit memoranda in conjunction with the credit approval and review process.

• The Credit Analyst position is both an educational and production position. It has a hybrid structure with both work from home and in office interaction.
• Primary job responsibilities include spreading financial statements utilizing internal financial analysis software and creating independent credit analysis of commercial loan requests of increasing complexity.
• In addition to commercial loan analysis, this position analyzes risks associated with Automated Clearing House transactions and the Bank’s vendors.
• Credit analysts have the opportunity to sit in on Credit Committee meetings with members of Sr Management and prepare meeting minutes.
• Other past projects have included analysis of new borrowers during a bank acquisition and research contributing to loan loss reserve methodology.

Qualifications

• The position requires a bachelor’s degree with concentrations in Finance, Accounting or Economics.
• Requires a detailed working understanding of accounting.
• Excellent organizational and writing skills required.
• Proficiency with Microsoft Office suite and internet research engines required.
• The successful candidate must possess outstanding critical thinking, presentation, and communication skills.
• 1-2 years of experience in various financial fields is a plus.

Job Info

• Job Identification 4489
• Job Category Credit
• Posting Date 10/14/2026, 03:35 PM
• Degree Level Bachelor's Degree
• Job Schedule Full time
• Locations 125 High St, Boston, MA, 02110, US (Hybrid)