What are the responsibilities and job description for the Credit Analyst I position at Washington Financial?
Credit Analyst I
Washington Financial Bank
Washington, PA (On-site) Not Hybrid or Remote
Position Overview
Washington Financial Bank is seeking a detail-oriented and analytical Credit Analyst I to join our Credit Administration team. This role is an excellent opportunity for a recent graduate or an early-career professional looking to build expertise in credit analysis, financial statement review, risk assessment, and loan administration.
The Credit Analyst I supports lending and credit administration activities by analyzing financial information, evaluating creditworthiness, maintaining accurate documentation, and ensuring compliance with bank policies and regulatory requirements.
Key Responsibilities
- Analyze financial statements, credit reports, and other borrower information to assess credit risk and repayment capacity.
- Evaluate the short-term and long-term financial outlook of individuals and businesses seeking credit.
- Prepare thorough financial analyses, including ratios and supporting documentation.
- Support loan review and credit administration functions.
- Review loan files to ensure documentation accuracy and compliance with lending policies and regulatory requirements.
- Conduct quality control reviews of residential and third-party originated loans.
- Order and review credit reports, appraisal reviews, and related documentation.
- Verify employment, deposits, mortgage information, and other borrower data.
- Maintain department files, databases, logs, and documentation exception tracking.
- Assist in preparing management reports and summaries.
- Collaborate with lending, operations, and other departments to support efficient workflow and information sharing.
- Respond to internal and external inquiries in a professional and timely manner.
- Ensure compliance with all applicable banking regulations, policies, and procedures.
Required Qualifications/Skills
- Bachelor's degree in Finance, Business, or a related field required.
- Strong analytical and problem-solving abilities.
- Ability to interpret and analyze financial statements.
- Solid mathematical and data analysis skills.
- Effective written and verbal communication skills.
- Strong organizational skills and attention to detail.
- Proficiency with Microsoft Office applications and database systems.
- Previous credit analysis experience is not required.
- Relevant coursework, internships, or financial analysis training are a plus.
- Detail-oriented and highly organized.
- Comfortable working with financial data and documentation.
- Able to manage multiple priorities and deadlines.
- Committed to accuracy, compliance, and quality.
- Eager to learn and grow within the banking and financial services industry.
Work Environment
- Office-based position
- Primary location – Washington, PA
- Regular use of computer, telephone, printer, copier, scanner, and specialized software
Why Join Washington Financial Bank?
- Stable, community‑focused financial institution
- Opportunity to contribute to visible, high‑impact marketing initiatives
- Collaborative team environment
- Meaningful involvement in community and charitable programs
- A family-first company valuing employee work/life balance
- Competitive compensation and benefits package
- Affordable medical, dental, and vision coverage
- 401(k) plan with 5% employer match
- 11 Paid holidays
- 16 PTO days after 1st year and optional PTO purchase program
- Up to 2 paid community service days per year
- Employee discounts on products and services
Apply online at www.washfin.bank or by mail to 190 North Main Street, 4th Floor, Washington, PA
Washington Financial Bank is an Equal Opportunity Employer