Credit Analyst Jobs in Massachusetts
Credit Analyst jobs in Massachusetts are among the most active in the Northeast, concentrated in commercial banking, asset management, corporate finance, and insurance across a market that supports roles from entry-level analyst through senior credit officer. Boston is the dominant hiring center, with Cambridge and Worcester also generating consistent demand, and established employers like State Street, Citizens Financial Group, and MassMutual anchoring a large share of openings. The most in-demand specialties are commercial real estate credit, leveraged finance, and middle-market corporate lending. Find a role that fits below and apply directly.
Find Credit Analyst JobsOverview
Showing 5 of 17+ Credit Analyst jobs
Division: Commercial
Department: Portf & Credit Admin
Reports to: Head of Portfolio & Credit Administration
Status: Exempt
Grade: 9E
Pay Range: $52,000-$90,498
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: Springfield, MA - 19 Harrison Ave or Glastonbury, CT - 7 Sycamore St
Purpose/Objective:
To analyze and underwrite credit requests for Bank prospects and customers and to maintain and monitor loans within the portfolio under the supervision of lending officers.
Key Accountabilities:
- Analyze and underwrite credit requests in a timely fashion by using some or all of the following resources: applications, spreads, financial statements, tax returns, credit bureaus, meetings with customers/prospects, appraisals, web research and other resources as necessary.
- Determine if request is in compliance with Bank policy and note any exceptions.
- Discuss deal structure, cash flow, collateral, and customer character with Relationship Managers (RM).
- Accompany RM on customer calls and interact with customers in person and over the phone as directed by lender.
- Interact with financial professionals including CPA's, CFO's, etc. as needed to assist in the underwriting of credit memos.
- Present written analysis and observe presentations by lenders.
- Conducts market surveys through contact with brokers, online research, etc.
- Manage existing portfolio of customers by tracking and preparing annual reviews of relationship obligations.
- Maintain tracking database with updated information as needed.
- Identify potential problem loans and deficiencies.
- Assist customers when needed with questions regarding loans and retail products.
Education:
- Bachelor's degree in relevant field
Experience:
- Minimum of (2) two years of commercial credit experience
Skills & Knowledge:
- Excellent written and oral communication skills
- Extensive knowledge of PC applications, including Excel, Word and Access
- Be well versed in the Bank's credit policy and underwriting standards
- Be familiar with and fulfill compliance requirements
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.
See All 17 Credit Analyst Jobs in Massachusetts
Find roles in Massachusetts that match your experience and apply in just a few clicks.
Find Credit Analyst JobsCredit Analyst Jobs by City in Massachusetts
Where Massachusetts roles are concentrated, by current openings.
Credit Analyst Job Market in Massachusetts
A snapshot from current Massachusetts openings, updated as new roles post.
Who's Hiring
What Massachusetts Employers Look For
The qualifications that appear most often in credit analyst jobs across Massachusetts.
- Bachelor's degree in finance, accounting, economics, or a closely related field
- Proficiency in financial statement analysis and credit underwriting fundamentals
- Experience with loan origination software and credit risk platforms such as Moody's or S&P
- Strong Excel modeling skills including discounted cash flow and debt capacity analysis
- Familiarity with commercial lending regulations and Massachusetts banking compliance standards
- CFA candidacy or completion is preferred for asset management and institutional credit roles
Credit Analyst Jobs in Massachusetts: Frequently Asked Questions
How do you become a credit analyst in Massachusetts?
The typical path starts with a bachelor's degree in finance, accounting, or economics, followed by an entry-level analyst role at a bank, credit union, or insurance company. Massachusetts does not require a state-issued license specifically for credit analysts, but many employers favor candidates who have passed CFA Level I or hold an FRM designation. Building familiarity with commercial lending regulations and Massachusetts banking standards through coursework or internship experience strengthens any application.
How much do credit analysts make in Massachusetts?
Credit analysts in Massachusetts earn a median of about $97,080 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $64,530 for the lowest 10% to over $173,680 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire credit analysts in Massachusetts?
Employers hiring credit analysts in Massachusetts right now include Beacon Bank, New Valley Bank & Trust, and First Tech Federal Credit Union, based on current listings on Migrate Mate as of September 2026. Massachusetts's deep concentration of regional banks, insurance carriers, and asset managers means hiring is spread across both large national institutions with local operations and mid-size firms headquartered in Greater Boston.
Which Massachusetts cities have the most credit analyst jobs?
The cities with the most credit analyst openings in Massachusetts are Boston, Springfield, and Woburn. Boston dominates because it is home to major financial institutions, insurance headquarters, and asset management firms, while suburban and secondary markets like Worcester and Springfield generate demand from regional community banks and credit unions that serve local commercial lending needs.
Are there remote credit analyst jobs in Massachusetts?
Yes, and more than most finance roles. About 100% of credit analyst openings tied to Massachusetts are remote or hybrid as of September 2026, reflecting how much of the work centers on financial modeling and written analysis rather than in-person client contact. Portfolio monitoring, underwriting support, and risk reporting functions are the parts of the role most frequently offered on a fully remote or hybrid basis.
How can I get hired as a credit analyst in Massachusetts with little or no experience?
The most realistic entry point is a credit analyst trainee or junior underwriting associate role at one of Massachusetts's larger community banks or regional lenders, where structured rotational programs provide hands-on exposure to loan review. Lateral moves from accounting, financial operations, or loan servicing roles at institutions like Eastern Bank or Rockland Trust are common. Completing CFA Level I coursework or earning an FRM designation before applying gives candidates without direct experience a measurable credential edge over competition.
Where can I find and apply to credit analyst jobs in Massachusetts?
You can find and apply to credit analyst jobs in Massachusetts on Migrate Mate, which lists current openings across the state. Find roles that fit your experience and location and apply directly to each one.
See All 17 Credit Analyst Jobs in Massachusetts
Find roles in Massachusetts that match your experience and apply in just a few clicks.
Find Credit Analyst Jobs