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Maine State CU is hiring a Commercial Portfolio Manager & Credit Analyst at its Augusta location.
Description:
Are you looking for a career where relationship building, sharp financial analysis, and fast-paced energy collide? Are you a credit analyst who thrives on turning financials into insight and data into action? This is the role for you. As our Commercial Portfolio Manager and Credit Analyst, you’ll be a critical player on a commercial lending team that’s helping Maine businesses thrive. You’ll balance relationship management with risk analysis — working side-by-side with our talented lenders to keep our expanding portfolio healthy, responsive, and strong.
We’re growing fast—and we need someone who can balance strong analytical skills with real-world member engagement. You’ll work across disciplines to manage credit risk, support loan decisioning, and help Maine businesses thrive.
What You’ll Do:
- Perform Comprehensive Credit Analysis: Spread financial statements, assess cash flow, evaluate global debt service, and assign risk ratings for commercial relationships.
- Support and Underwrite Credit Requests: Prepare written credit memos and financial reviews for new loans, renewals, and modifications within policy and regulatory guidelines.
- Conduct Annual Reviews and Risk Assessments: Lead the review process for commercial relationships over $250,000, providing updated credit evaluations and recommending structural adjustments when appropriate.
- Track Financial and Covenant Compliance: Monitor receipt of interim financial reporting, test covenant adherence, and maintain accurate exception tracking.
- Contribute to Portfolio Oversight: Work collaboratively with lenders and credit leadership to manage credit risk exposure, identify trends, and support data-driven decision-making.
Why You’ll Love It:
- Engage your technical skillset: This role is ideal for credit professionals who want to go deeper into analysis while maintaining member contact.
- Growth with impact: Be part of a high-performing team helping shape the future of commercial lending at a fast-growing credit union.
- Autonomy and support: You’ll have the tools, guidance, and flexibility to do your best analytical work.
- Real-world lending exposure: Build relationships with Maine business owners and see how your credit insights directly influence outcomes.
*PLEASE NOTE: THIS IS AN ON-SITE, IN-PERSON POSITION. CANDIDATE MUST RESIDE IN STATE OF MAINE, POSSIBLE HYBRID OPPORTUNITY ONCE FULLY TRAINED*
Qualifications:
Qualified Candidates Bring:
- 3–5 years of experience in commercial credit analysis, portfolio management, or underwriting
- Strong financial acumen with the ability to interpret tax returns, financial statements, and cash flow analysis
- Proficiency with risk rating systems, covenant tracking, and regulatory lending compliance
- A bachelor’s degree in finance, accounting, economics, or a related field
- Excellent written and verbal communication skills—you can translate complex analysis into clear recommendations
- Attention to detail and a methodical, inquisitive approach to credit risk
Want to apply your credit analysis skills where they make a direct impact? Join a mission-driven financial institution that values sound judgment, data-driven lending, and helping local businesses succeed. Apply today!
Maine State CU — Strengthening Maine, One Member at a Time.
Benefits of Employment with Maine State CU:
In addition to our world-class culture, a fun and supportive work environment and opportunities to learn and grow, our employees appreciate the work-life harmony they are able to achieve as part of our team.
We are also proud of the benefits we offer:
- Employer-subsidized medical insurance plans, includes one plan with employer paid premiums of 100%
- HSA – generous employer contribution
- Employer-funded HRA
- Employer-subsidized dental and vision insurance
- 100% employer paid – life, short-term disability, and long-term disability insurance
- Accident insurance
- Competitive wages and annual evaluations with compensation adjustments
- Generous 401(k) employer match, plus annual discretionary contribution
- Generous PTO with immediate PTO accruals + 8 hours of birthday PTO & 12 paid holidays
- Paid parental leave
- Education reimbursement – up to $5,000 annually for undergraduate & $10,000 annually for graduate degree
- Opportunities to volunteer in our local communities
- 100% employer-paid Employee Assistance Program (EAP), which includes 6 free mental health sessions
- Wellness reimbursement of up to $150
- Free coffee, tea, and hot chocolate and an abundance of food