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Entry Level Credit Risk Analyst Jobs in Massachusetts

Berkshire Bank

Credit Risk Analyst II

Boston, MA · On-site

$55K - $102K/yr

Credit Risk Manager: Reporting and Analytics Status: Exempt Grade: 10 Salary Range: $55,588 - $102,474 Actual compensation within the pay range will be determined based on factors including, but not ...

RPMGlobal

Market Risk Analyst II

Boston, MA · On-site

$76K - $117K/yr

As a cooperative, we are owned by more than 420 banks, credit unions, insurance companies, and ... The Risk Analyst II is a key contributor within the Market Risk team, helping the Bank understand ...

MRINetwork Jobs

Senior Credit Analyst

Franklin, MA · On-site

This position assures that these analyses are accurate, objectively present the risk of the transaction, and address the bank's ability to be re-paid. The Senior Credit Analyst will manage credit ...

MRINetwork Jobs

Senior Credit Analyst

Franklin, MA · On-site

This position assures that these analyses are accurate, objectively present the risk of the transaction, and address the bank's ability to be re-paid. The Senior Credit Analyst will manage credit ...

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Entry Level Credit Risk Analyst information

See Massachusetts salary details

$40.4K

$124.4K

$215.7K

How much do entry level credit risk analyst jobs pay per year?

As of Sep 12, 2026, the average yearly pay for entry level credit risk analyst in Massachusetts is $124,372.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,100.00 and $153,400.00 per year, depending on experience, location, and employer.

What does an entry level credit risk analyst do?

An Entry Level Credit Risk Analyst evaluates financial data to assess the creditworthiness of individuals or businesses. They analyze credit reports, financial statements, and payment histories to identify potential risks. Their role supports risk management strategies by helping companies make informed lending or investment decisions. Additionally, they may assist in maintaining risk models and ensuring compliance with internal policies and industry regulations. Strong analytical skills, attention to detail, and proficiency in financial tools are essential for success in this role.

What are the key skills and qualifications needed to thrive in the entry level credit risk analyst position, and why are they important?

To thrive as an Entry Level Credit Risk Analyst, you need strong analytical and quantitative abilities, a bachelor's degree in finance, economics, or a related field, and a keen attention to detail. Familiarity with Excel, financial modeling tools, and risk assessment software, as well as knowledge of databases and possibly SAS or Python, is often required. Excellent communication, time management, and problem-solving skills help you interpret data and present findings effectively. These skills ensure accurate risk evaluations, sound decision-making, and effective collaboration within credit risk teams.

What are the most commonly searched types of Credit Risk Analyst jobs in Massachusetts?

The most popular types of Credit Risk Analyst jobs in Massachusetts are:

What are popular job titles related to Entry Level Credit Risk Analyst jobs in Massachusetts?

For Entry Level Credit Risk Analyst jobs in Massachusetts, the most frequently searched job titles are:

What job categories do people searching Entry Level Credit Risk Analyst jobs in Massachusetts look for?

The top searched job categories for Entry Level Credit Risk Analyst jobs in Massachusetts are:

What cities in Massachusetts are hiring for Entry Level Credit Risk Analyst jobs?

Cities in Massachusetts with the most Entry Level Credit Risk Analyst job openings:

Entry Level Credit Risk Analyst jobs near you
Infographic showing various Entry Level Credit Risk Analyst job openings in Massachusetts as of September 2026, with employment types broken down into 100% Full Time. Highlights an 82% In-person, and 18% Hybrid job distribution, with an average salary of $124,372 per year, or $59.8 per hour.

Credit Risk Analyst II

Boston, MA • On-site

Berkshire Bank
See more jobs at Berkshire Bankexternal

$55K - $102K/yr

Full-time

Posted 9 days ago

Berkshire Bank rating

6.7

Company rating: 6.7 out of 10

Based on 17 frontline employees who took The Breakroom Quiz

Job description

Officer: Officer
Division: Credit Risk Management
Department: Strategic Services
Reports to: Credit Risk Manager: Reporting and Analytics
Status: Exempt
Grade: 10
Salary Range: $55,588 - $102,474
Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.
Location: Boston, MA or Albany, NY
Principal Objective
This position plays a pivotal role in the execution of Beacon Bank & Trust's credit risk monitoring, analysis, and reporting programs. A Credit Risk Analyst II in the Reporting and Analytics group will be hands-on in supporting and enhancing the Bank's credit risk management and reporting capabilities. This role will leverage the analyst's proficiency in data, systems, and reporting tools combined with their practical knowledge of credit risk management principles.
A successful analyst will be a solution driven, intellectually curious self-starter who is proficient in accomplishing concurrent objectives. This individual should possess analytical skills, while consistently demonstrating a high degree of flexibility, teamwork, efficiency, and commitment to excellence and continuous improvement. This position necessitates attention to detail and effective communication skills to all levels of management.
Key Accountabilities:
  • Utilizes analytical tools such as Excel, Python, R, and/or SQL to execute and maintain reporting that provides key stakeholders timely and actionable insights on the credit risk in the portfolio.
  • Executes established reporting procedures and analytics activities on schedule.
  • Ability to provide underlying data and analytical support for key portfolio monitoring programs.
  • Ability to assist senior staff in preparation of custom reporting on short timelines.
  • Works collaboratively with other teams in Credit Risk Analytics and throughout the bank (e.g., Finance, Commercial Lending, Enterprise Analytics, etc.) as they relate to the Bank's credit risk data.
  • Ability to work with senior analysts to identify, research, and resolve any inconsistencies in the Bank's data to support the Bank's Data Governance Program in maintaining a high data quality standard, including working with servicing to process any updates.
  • Develops an active knowledge of the Bank's portfolio and credit metrics to identify outliers in data, reports, etc.
  • Develops an understanding of SOX and audit requirements around reporting that is used by the Bank to make key decisions and for inclusion in the Bank's financial reporting.
  • Assists with new employee onboarding and training.
  • Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one's duties.

Education:
  • Bachelor's degree required. Master's preferred.

Experience:
  • 2+ years of financial analysis or related reporting work at a financial institution; preferably with experience in Credit Risk Management, Credit Administration, Lending, Loan Review, Loan Operations, or other relevant experience.

Skills & Knowledge:
  • Strong Excel skills with proficiency in standard Microsoft Office products.
  • Working knowledge of Power BI, Python, R, and/or SQL.
  • Strong analytical skills, with attention to detail and accuracy.
  • Excellent communication and interpersonal skills, both written and verbal.
  • Understanding of Credit Risk Fundamentals
  • Experience working with regulators and/or external auditors is a plus.
  • Familiarity with FIS loan accounting system is a plus.
  • Certifications such as Risk Management Associate (RMA), Credit Risk Certification (CRC), Certified Internal Auditor (CIA), Project Management Professional (PMP), Financial Risk Manager (FRM), or similar relevant certification(s) a plus

Beacon Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at hr@berkshirebank.com.

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