Division:              Beacon Bank & Trust

Department:        Portfolio & Credit Admin

Reports to:          Head of Portfolio & Credit Administration

Status:                 Non-Exempt

Grade:                  4 

Salary Range:      $15.00 - $24.91

Salary range updated 2/26/2026. 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:            Glastonbury CT & Springfield, MA

Principal Objective

Under the direction of designated Commercial Credit Officers, the Commercial Credit Underwriter Intern works with the Credit Underwriting and Portfolio Management team to generate market reports, analyze corporate financial statements, and prepare loan approval memoranda to facilitate lending decisions and aid in underwriting for Business Banking, C&I, and Commercial Real Estate lines of business. The Commercial Credit Underwriter Intern investigates and analyzes credit risks and provides integral data to aid in preparation of credit approval memos.

Key Accountabilities:

• Obtains and reviews pertinent management, industry, financial and collateral information from the credit file or outside sources. Determines additional information/investigation needs and contacts appropriate sources to ensure a complete analysis.
• Analyzes and spreads financial statements and tax returns to assess the financial condition of existing and new Borrowers and their financial viability. Assesses the adequacy of collateral. Analyzes and assesses trends, ratios, and cash flow.
• Attended formal credit training sessions and shadow each segment of the region to gain a general understanding of the lending process and function of the Bank.
• Develop a comprehensive understanding of credit underwriting analyses in order to prepare succinct written reports to facilitate lending decisions on new money, renewals, and extension requests, including recommended credit ratings, Borrower and industry risk assessments with mitigating factors, and a complete, accurate summary of the Bank’s lending relationship.
• 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:

• Rising Senior or recent graduate
• Pursuit of or obtained Bachelor’s Degree in Accounting, Finance or Business Administration

Experience:

• Applicable coursework in degree field.
• Previous internships helpful but not required

Skills & Knowledge:

• Strong analytical skills
• Computer skills (Word, Excel & Power Point)
• Strong written/verbal communication skills
• Ability to multi-task and meet deadlines

 The above statements are intended to describe the general nature and level of work being performed by people assigned to this position.  They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.  This job description is subject to change at any time.

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.