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Entry Level Banking Jobs in Springfield, MA (NOW HIRING)

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Sales & Trading Analyst

Hartford, CT · Remote

$50 - $60/hr

Financial Accounting, Investment Banking, Wealth Management, and Insurance Planning. Benefits This ... This is an independent contract position. #finance Seniority level Entry level Employment type ...

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Entry Level Banking information

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$14

$19

$23

How much do entry level banking jobs pay per hour?

As of May 29, 2026, the average hourly pay for entry level banking in Springfield, MA is $19.69, according to ZipRecruiter salary data. Most workers in this role earn between $17.26 and $21.78 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Entry Level Banking professional, and why are they important?

To thrive as an Entry Level Banking professional, you need a solid understanding of basic financial concepts, strong numerical skills, and at least a high school diploma or associate degree in a relevant field. Familiarity with banking software, point-of-sale (POS) systems, and Microsoft Office Suite is typically required. Excellent customer service, attention to detail, and strong communication skills set top performers apart. These skills are crucial for handling transactions accurately, building customer trust, and ensuring efficient banking operations.

What are some common challenges faced by entry-level banking professionals, and how can they be addressed?

Entry-level banking professionals often face challenges such as adapting to a fast-paced environment, learning complex financial products, and meeting sales or service targets. It's common to feel overwhelmed by the volume of information and interactions with customers, especially during busy periods. Seeking mentorship from experienced colleagues, actively participating in training sessions, and asking for feedback can help new hires build confidence and develop essential skills. Over time, these experiences provide a strong foundation for career progression within the banking sector.

What are entry level banking jobs?

Entry level banking jobs are positions designed for individuals who are new to the banking industry, often requiring little to no prior experience. These roles typically include positions such as bank teller, customer service representative, or personal banker. They focus on tasks like assisting customers with transactions, answering questions about accounts, and supporting daily branch operations. Entry level banking jobs provide valuable on-the-job training and can serve as a stepping stone to more advanced roles in finance and banking.

What is the difference between Entry Level Banking vs Customer Service Representative in the banking industry?

AspectEntry Level BankingCustomer Service Representative
Required CredentialsHigh school diploma or equivalent; some roles may prefer a degreeHigh school diploma or equivalent; on-the-job training often provided
Work EnvironmentBank branches, financial institutions, corporate officesBank branches, call centers, retail locations
Employer & Industry UsageFinancial institutions, banks, credit unionsBank branches, retail banking, financial services
Common Search & Comparison IntentUnderstanding entry-level roles in bankingCustomer service roles in banking

Entry Level Banking roles typically involve basic banking operations, financial transactions, and customer assistance within banks or financial institutions. Customer Service Representatives focus on assisting clients with account inquiries, troubleshooting, and service issues. While both roles require similar credentials and work environments, Entry Level Banking positions often encompass a broader range of banking functions, whereas Customer Service Representatives specialize in client interaction and support.

What are the most commonly searched types of Banking jobs in Springfield, MA? The most popular types of Banking jobs in Springfield, MA are:
What are popular job titles related to Entry Level Banking jobs in Springfield, MA? For Entry Level Banking jobs in Springfield, MA, the most frequently searched job titles are:
What job categories do people searching Entry Level Banking jobs in Springfield, MA look for? The top searched job categories for Entry Level Banking jobs in Springfield, MA are:
What cities near Springfield, MA are hiring for Entry Level Banking jobs? Cities near Springfield, MA with the most Entry Level Banking job openings:
Entry Level Banking jobs near you
Infographic showing various Entry Level Banking job openings in Springfield, MA as of May 2026, with employment types broken down into 75% Full Time, and 25% Part Time. Highlights an 100% In-person job distribution, with an average salary of $40,946 per year, or $19.7 per hour.
Commercial Credit Analyst

Commercial Credit Analyst

New Valley Bank & Trust

Springfield, MA • On-site

$55.20K - $96.60K/yr

Full-time

Posted 22 days ago

Job description

JOB SUMMARY
New Valley is seeking a talented, ambitious professional willing and able to contribute to the success of our new bank. Under the direction of the VP Credit Officer, the Credit Analyst will work collaboratively to support the loan origination and ongoing monitoring initiatives of the Lending Department.
This is an entry-level client relationship management position. Qualified candidates will have seasoned credit underwriting background with a proven ability to evaluate and determine the credit risks of commercial clients and appropriate structure of loan requests through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis and the ability to repay annual debt service.
ESSENTIAL KEY FUNCTIONS
  • Analytical skills Problem-solving skills Judgement skills Ability to prioritize work in a fast-paced high-volume environment while maintaining accuracy and turn-around times. Ability to stay focused
  • Works with Loan Officer on New Loan requests including but not limited to an initial financial analysis and obtaining a complete financial package to prepare, summarize, presents facts, and offers opinions concerning credit worthiness of commercial customers; reviews and analyzes criteria to assign an overall risk to credit. Develops credit analyses for use by lending officers or committees in the making of lending decisions on new credit approvals and renewals
  • Essential Functions Coordinate with Loan Officers to assist in collection of financial information from portfolio customers.
  • Analyzes and reviews data on new loans as well as portfolio loans, reviews for signs of credit issues
  • Monitors annual review/renewal process including file comments and loan presentations for assigned credit requests.
  • Maintains and tracks, and reports on Banks policy exceptions.
  • Assists in timely complete of Annual Reviews throughout the portfolio, including working with Loan Servicing to update existing NOIs, and DSCR upon review.
  • Communicates with customers to request and track the receipt of required financial information to be completed in tandem with Lenders, Portfolio Managers and Credit Analysts balanced with prioritizing new money transactions.
  • Submits appraisal order requests and bids. Submits Flood Determination requests and follows through with proper procedures when property is located in a flood zone.
  • Orders environmental reports and submits to Loan Officer for review. Completes compliance review including but not limited to, CRA, Government Monitoring, and Joint Credit.
  • Assist in taking Directors Loan Committee meeting minutes.
  • Must complete BSA, AML, and other regulatory and continuing education as assigned. Must adhere to all bank and regulatory policies and procedures specific to position. Position Qualifications Assumes additional responsibilities as requested.
  • Monitors and tracks for financial statements received from existing borrowers, and scans or saves electronically to files with appropriate naming conventions.
  • Adheres to applicable compliance/operational risk controls in accordance with regulatory standards and policies
  • Maintains New Valley control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Completes other related duties as assigned including customer onboarding and systems related maintenance. Additional tasks include reporting to the Federal Reserve via the Main Street Lending platform program.

EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER
New Valley Bank and Trust is committed to diversity and inclusion. We recruit and employ the best qualified individuals without regard to race, religion, color, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, family medical history or genetic information, political affiliation, military service, or other non-merit-based factors. Equal employment opportunity applies to all personnel actions.
QUALIFICATIONS
Education
  • Minimum of 3 years' experience in commercial credit or public accounting, preferred
  • Bachelor's degree in Accounting, Finance, Business, or related field preferred

Skills and Experience
  • Strong knowledge commercial loan documentation; working knowledge of banking laws and regulations, relating to the documentation and servicing of loans
  • Excellent organizational, verbal, and written communication, and computer skills, including proficiency in Microsoft Word and Excel
  • Excellent customer service skills with a high degree of professionalism and positive demeanor
  • Strong organizational skills with the ability to prioritize a multitude of assignments
  • Excellent oral and written communication skills

Physical Requirements
  • Ability to stand or sit for extended periods
  • Ability to communicate clearly and concisely

Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of this position. Duties, responsibilities, and activities may change at any time without notice.
Post-Offer Background check performed. Includes credit, criminal and reference checks.

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