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Junior Credit Analyst Jobs in Springfield, MA (NOW HIRING)

The Hartford

CMBS Sector Head

Hartford, CT · Hybrid

Conduct fundamental credit analysis of commercial real estate collateral, borrowers, sponsors ... Share market insights and investment expertise to support the development of junior and mid-level ...

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Junior Credit Analyst information

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$15

$31

$53

How much do junior credit analyst jobs pay per hour?

As of Aug 25, 2026, the average hourly pay for junior credit analyst in Springfield, MA is $31.97, according to ZipRecruiter salary data. Most workers in this role earn between $22.98 and $35.19 per hour, depending on experience, location, and employer.

What does a junior credit analyst do?

A Junior Credit Analyst is responsible for evaluating the creditworthiness of individuals or businesses applying for loans or credit. They analyze financial statements, credit reports, and other relevant data to assess risk and make recommendations to senior analysts or management. Their work helps financial institutions make informed lending decisions and manage credit risk effectively. Junior Credit Analysts often assist in preparing reports and maintaining client records while learning industry best practices.

What are the key skills and qualifications needed to thrive as a junior credit analyst?

To thrive as a Junior Credit Analyst, you need a strong foundation in financial analysis, accounting principles, and a bachelor's degree in finance, economics, or a related field. Familiarity with financial modeling tools, Excel, and risk assessment software is typically required, and some employers may prefer candidates with CFA Level I or similar certifications. Attention to detail, analytical thinking, and effective communication skills help you interpret data and convey credit risks to stakeholders. These skills are essential for making informed credit decisions that minimize risk and support the financial health of the organization.

What are some common challenges faced by a junior credit analyst in their first year on the job?

In their first year, Junior Credit Analysts often face the challenge of balancing a steep learning curve with the need to deliver accurate credit assessments. They must quickly become familiar with financial statement analysis, risk assessment tools, and internal credit policies. Additionally, coordinating with senior analysts and client relationship managers requires strong communication skills and attention to detail. Overcoming these initial hurdles helps build a solid foundation for career growth and expertise in credit analysis.

What is the difference between Junior Credit Analyst vs Credit Analyst?

AspectJunior Credit AnalystCredit Analyst
Required CredentialsBachelor's degree, some certifications (e.g., CFA Level I)Bachelor's degree, often with certifications like CFA or credit-specific courses
Work EnvironmentEntry-level, supportive team, training-focusedMore independent, analytical, client-facing responsibilities
Employer & Industry UsageFinancial institutions, banks, credit agenciesFinancial institutions, banks, credit departments
Common Search & ComparisonYesYes

The main difference between a Junior Credit Analyst and a Credit Analyst lies in experience and responsibility level. Junior Credit Analysts are entry-level, focusing on supporting senior staff with basic credit assessments, while Credit Analysts handle more complex analysis and decision-making. Both roles require similar educational backgrounds and certifications, but the Credit Analyst position involves greater independence and analytical depth.

What are the most commonly searched types of Credit Analyst jobs in Springfield, MA?

The most popular types of Credit Analyst jobs in Springfield, MA are:

What are popular job titles related to Junior Credit Analyst jobs in Springfield, MA?

For Junior Credit Analyst jobs in Springfield, MA, the most frequently searched job titles are:

What job categories do people searching Junior Credit Analyst jobs in Springfield, MA look for?

The top searched job categories for Junior Credit Analyst jobs in Springfield, MA are:

What cities near Springfield, MA are hiring for Junior Credit Analyst jobs?

Cities near Springfield, MA with the most Junior Credit Analyst job openings:

Junior Credit Analyst jobs near you
Infographic showing various Junior Credit Analyst job openings in Springfield, MA as of August 2026, with employment types broken down into 1% Internship, 79% Full Time, 19% Part Time, and 1% Contract. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $66,505 per year, or $32 per hour.

Senior Commercial Credit Analyst

Springfield, MA • On-site

New Valley Bank & Trust
Finance and Insurance • 11 - 50 employees
Learn more about New Valley Bank & Trustexternal

Other

Posted 3 days ago

New

Job description

JOB SUMMARY

New Valley is seeking a talented and ambitious professional willing and able to contribute to the success of the Bank. Under the direction of the Credit Officer, the Senior Credit Analyst will work collaboratively and independently to support the loan origination and portfolio review initiatives of the Lending Department. Qualified candidates will have a proven ability to evaluate and determine the credit risks of commercial clients through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis and the ability to repay annual debt service, while providing insight and assessments as to the credit worthiness of Borrowers. The position is a hybrid role, with scheduled remote work days allowed after the initial 90 days of employment.

ESSENTIAL FUNCTIONS

  • The role expectations require an independent and seasoned commercial credit analyst with several years of experience in credit underwriting and analysis, for both CRE and C&I customers. The candidate should be able to produce credit reviews and presentations for new and existing Customers with minimal training and guidance, while meeting deadlines for completion.
  • Perform detailed and insightful credit analysis for use in the lending decision of new credit approvals and renewals, while assigning a risk rating and providing an independent recommendation to officers.
  • Work with Lenders and Portfolio Managers to complete underwriting assignments and tasks.
  • Utilize Abrigo Sageworks to create financial summaries, credit presentations, and other reports, while accurately maintaining the Bank's customer and financial database.
  • Maintain reports and tracking metrics for the Bank Portfolio and Borrowers, as needed.
  • Monitors policy compliance by verifying adherence to the Commercial Credit policies
  • Provide mentorship and guidance for junior analysts and other team members.
  • 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.

New Valley Bank and Trust employees must follow all policies and procedures related to their position and any laws, rules or compliance regulations that apply in the accomplishment of their assigned duties, while also using good judgment and ethical standards.

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

  • Commercial Underwriting Expertise and knowledge
  • Working knowledge of related Underwriting software programs
  • Strong analytical skills with high attention to detail and accuracy
  • Excellent organizational, verbal and written communication, and computer skills

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