Credit Analyst Trainee: Rotational Banking Program

Eastern Bank; Boston (MA); On-site; USD 70,457,000 - 113,126,000; Full time

Job summary

Eastern Bank in Boston offers a unique opportunity to begin a career in commercial banking by joining Eastern Bank's formal credit training program. The average time spent in a credit training program is two to three years, with rotations through Commercial Real Estate, Middle Market Lending, and Managed Assets group.

After completion, the analyst may progress into roles such as Senior Credit Analyst, Risk Analyst, Portfolio Manager, Relationship Manager, or Business Banker across departments.

Qualifications

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

Responsibilities

• Spreading of the financial statements utilizing internal financial analysis software, creating independent credit analysis of commercial loan requests of increasing complexity, attending of the credit committee.
• In addition to commercial loan analysis, this position will analyze risks associated with ACH transactions, Correspondent Banking transactions, as well as analyze the company's vendors.

Skills

Financial analysis

Accounting knowledge

Communication skills

Presentation skills

Writing skills

Proficiency with MS Office

Education

Bachelor's degree in Finance/Accounting/Economics

Tools

Microsoft Office

Internet research

Job description

Eastern Bank in Boston offers a unique opportunity to begin a career in commercial banking by joining Eastern Bank's formal credit training program. The average time spent in a credit training program is two to three years, with rotations through Commercial Real Estate, Middle Market Lending, and Managed Assets group.

After completion, the analyst may progress into roles such as Senior Credit Analyst, Risk Analyst, Portfolio Manager, Relationship Manager, or Business Banker across departments.