Credit Analyst I

Washington Financial; Washington (Washington County); On-site; USD 52,000 - 66,000; Full time

Benefits offered by this job

Competitive compensation and benefits

401(k) plan with employer match

11 paid holidays

PTO 16 days after 1st year

Community service days

Employee discounts

Job summary

Washington Financial Bank seeks a Credit Analyst I to join the Credit Administration team in Washington, PA. This entry-level role focuses on credit analysis, financial statement review, risk assessment, and loan administration in a fast-paced banking environment.

The position supports lending activities by analyzing financial data, maintaining accurate documentation, and ensuring compliance with bank policies and regulatory requirements.

Qualifications

• Bachelor's degree in Finance, Business, or related field.
• Strong analytical and problem-solving abilities.
• Ability to interpret and analyze financial statements.
• Excellent written and verbal communication skills.
• Detail-oriented with strong organizational skills.
• Comfortable working with financial data and documentation.

Responsibilities

• Analyze financial statements, credit reports, and borrower information to assess credit risk.
• Evaluate short- and long-term financial outlooks for credit applicants.
• Prepare financial analyses with ratios and supporting documentation.
• Support loan review and credit administration functions.
• Review loan files for documentation accuracy and policy compliance.
• Conduct quality control reviews of residential and third-party loans.
• Order and review credit reports, appraisals, and related docs.
• Verify employment, deposits, mortgage, and borrower data.
• Maintain department files, databases, and logs.
• Assist in preparing management reports and summaries.
• Collaborate across departments for efficient workflow.
• Respond to inquiries professionally and timely.
• Ensure compliance with banking regulations and procedures.

Skills

Analytical ability

Interpret financial statements

Mathematical/data analysis

Written and verbal communication

Attention to detail

Organization

MS Office & databases

Regulatory/compliance awareness

Education

Bachelor's degree in Finance/Business or related field

Tools

Microsoft Office

Database systems

Job description

Washington, PA (On-site) Not Hybrid or Remote

Washington Financial Bank is seeking a detail-oriented and analytical Credit Analyst I to join our Credit Administration team. This role is an excellent opportunity for a recent graduate or an early-career professional looking to build expertise in credit analysis, financial statement review, risk assessment, and loan administration.

The Credit Analyst I supports lending and credit administration activities by analyzing financial information, evaluating creditworthiness, maintaining accurate documentation, and ensuring compliance with bank policies and regulatory requirements.

Key Responsibilities

• Analyze financial statements, credit reports, and other borrower information to assess credit risk and repayment capacity.
• Evaluate the short-term and long-term financial outlook of individuals and businesses seeking credit.
• Prepare thorough financial analyses, including ratios and supporting documentation.
• Support loan review and credit administration functions.
• Review loan files to ensure documentation accuracy and compliance with lending policies and regulatory requirements.
• Conduct quality control reviews of residential and third-party originated loans.
• Order and review credit reports, appraisal reviews, and related documentation.
• Verify employment, deposits, mortgage information, and other borrower data.
• Maintain department files, databases, logs, and documentation exception tracking.
• Assist in preparing management reports and summaries.
• Collaborate with lending, operations, and other departments to support efficient workflow and information sharing.
• Respond to internal and external inquiries in a professional and timely manner.
• Ensure compliance with all applicable banking regulations, policies, and procedures.

Required Qualifications/Skills

• Bachelor's degree in Finance, Business, or a related field required.
• Strong analytical and problem-solving abilities.
• Ability to interpret and analyze financial statements.
• Solid mathematical and data analysis skills.
• Effective written and verbal communication skills.
• Strong organizational skills and attention to detail.
• Proficiency with Microsoft Office applications and database systems.
• Previous credit analysis experience is not required.
• Relevant coursework, internships, or financial analysis training are a plus.
• Detail-oriented and highly organized.
• Comfortable working with financial data and documentation.
• Able to manage multiple priorities and deadlines.
• Committed to accuracy, compliance, and quality.
• Eager to learn and grow within the banking and financial services industry.
• Office-based position
• Primary location – Washington, PA
• Regular use of computer, telephone, printer, copier, scanner, and specialized software

Why Join Washington Financial Bank?

• Stable, community‑focused financial institution
• Opportunity to contribute to visible, high‑impact marketing initiatives
• Collaborative team environment
• Meaningful involvement in community and charitable programs
• A family-first company valuing employee work/life balance
• Competitive compensation and benefits package
• Affordable medical, dental, and vision coverage
• 401(k) plan with 5% employer match
• 11 Paid holidays
• 16 PTO days after 1 st year and optional PTO purchase program
• Up to 2 paid community service days per year
• Employee discounts on products and services

Washington Financial Bank is an Equal Opportunity Employer