Careers

Join Our Award-Winning Team at Aroostook Savings & Loan!

Looking for a rewarding career with a community-focused bank that’s been named one of the Best Places to Work in Maine? Do you thrive in a fast-paced environment and enjoy learning something new every day?

Aroostook Savings & Loan is seeking a full-time Credit Analyst / Junior Commercial Lender to join our dedicated lending team. This role serves as a vital member of the lending team, providing comprehensive analytical support to the Chief Lending Officer while developing commercial lending skills through direct client interaction and loan origination activities. This dual-function role combines rigorous credit analysis with relationship management responsibilities, offering a structured pathway to advancement in commercial lending.

Key Responsibilities

Credit Analysis Functions

• Conduct comprehensive financial analysis of commercial loan requests, including detailed review of financial statements, tax returns, cash flow projections, and business plans using bank software systems
• Prepare credit memoranda and loan presentations for senior management and loan committee review, ensuring compliance with lending policies and regulatory requirements
• Analyze industry trends, competitive market conditions, and borrower business models to assess credit risk and repayment capacity
• Evaluate collateral adequacy, including real estate appraisals, equipment valuations, accounts receivable aging, and inventory assessments
• Monitor existing loan portfolio performance, tracking covenant compliance, financial performance, and identifying potential credit deterioration
• Assist with annual reviews and loan renewals, including updated financial analysis and risk rating assessments
• Support special asset management activities as needed, including workout analysis and loss mitigation strategies

Junior Commercial Lending Functions

• Develop and maintain relationships with commercial clients, particularly small to mid-sized businesses within assigned portfolio or market segment, including cross selling a variety of bank services
• Generate new business through prospecting activities, referrals, and participation in community and business development events
• Structure commercial loan products including term loans, lines of credit, equipment financing, and commercial real estate loans under supervision
• Conduct client meetings and site visits to understand business operations, management capabilities, and financing needs
• Coordinate loan closing process, working with operations, legal counsel, and third-party service providers to ensure timely and accurate documentation

Administrative and Support Functions

• Provide direct administrative and analytical support to the Chief Lending Officer on strategic initiatives and special projects
• Prepare management reports, portfolio analytics, and regulatory reports as required
• Maintain proficiency in loan origination systems, core banking platforms, and credit analysis software
• Participate in training programs and professional development activities to enhance credit and lending skills

Required Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or related field
• 1-3 years of experience in credit analysis, commercial lending, or related financial services role preferred
• Strong understanding of financial statement analysis, including income statements, balance sheets, and cash flow statements with high attention to detail.
• Proficiency in Microsoft Excel, Word, and PowerPoint; experience with financial spreading software preferred
• Excellent written and verbal communication skills, with ability to prepare clear and concise credit memoranda
• Valid driver’s license and ability to travel locally for client meetings and site visits

Preferred Qualifications

• Previous experience in commercial banking or corporate credit analysis
• Knowledge of commercial lending regulations including Regulation O, Regulation U, Regulation Z and relevant BSA/AML requirements
• Experience with loan origination systems and core banking platforms
• Demonstrated business development or sales experience
• Familiarity with real estate analysis, including appraisal review and property valuations

Skills and Competencies

• Relationship Management – Professional interpersonal skills with ability to build trust and credibility with clients and colleagues
• Time Management – Ability to prioritize multiple projects and meet deadlines in a fast-paced environment
• Business Development – Proactive approach to identifying opportunities and expanding client relationships
• Collaboration – Team-oriented mindset with ability to work effectively across departments

Work Environment and Physical Requirements

• Professional office environment with standard business hours; occasional early morning or evening meetings may be required
• Local travel required for client meetings, property inspections, and networking events (estimated 10-20% of time)
• Extended periods of computer work and data analysis
• Ability to lift and carry files and documents up to 25 pounds occasionally

Compensation and Benefits

Competitive salary commensurate with experience and qualifications. Comprehensive benefits package including health insurance, 401(k) plan, paid time off, and professional development opportunities. Performance-based incentive compensation available based on individual and departmental goals.

If you’re committed to providing exceptional customer service and want to be part of a team that values community, integrity, and trust, we’d love to hear from you! Please send a letter of application, current resume and a minimum of three references in confidence to:

Aroostook Savings & Loan, Curt Paterson, President/CEO, PO Box 808, Caribou, ME 04736

Application period will remain open until a suitable candidate is found.

Apply online today.

Aroostook Savings & Loan is an Equal Opportunity Employer– EOE/Minorities/Females/Veterans/Disabled. Member FDIC. Equal Housing Lender. 

Join Our Award-Winning Team at Aroostook Savings & Loan!

Are you ready to take the next step in your career and leave behind the demanding weekend shifts, holidays, and late evenings? Aroostook Savings & Loan invites you to explore our exciting opportunity for a Full-Time Teller position at our Presque Isle branch.

As a Full-Time Teller, you will play a pivotal role in our branch’s success by providing exceptional service and support to our valued customers. Your responsibilities will include a variety of teller, secretarial, and clerical duties. We are seeking individuals who are not only high school graduates but also possess excellent mathematical, interpersonal, and organizational skills.

Preferred Qualifications:

• Banking or finance experience in a similar role and/or related courses is preferred.
• Exceptional attention to detail and accuracy.
• Strong communication and interpersonal skills.
• A commitment to delivering courteous and professional customer service.

Aroostook Savings & Loan values our employees and their well-being. We offer a competitive salary and a comprehensive benefits package that includes:

• Health and life insurance coverage.
• A 401(k) Investment Plan to help secure your financial future.
• Generous Paid Time Off (PTO) plan
• Opportunities for professional growth and development

Come join our team and be a part of “Your Home Bank” where you can make a difference in our community! If you are a dynamic individual who is passionate about delivering outstanding customer service and contributing to the success of our community-focused financial institution, we invite you to apply for this open position. Take the first step toward a fulfilling career with Aroostook Savings & Loan.

Please send a letter of application, current resume and a minimum of three references in confidence to:

Aroostook Savings and Loan, Attn: Sherry Clark, Branch Manager, PO Box 1092, Presque Isle, ME 04769

Application period will remain open until a suitable candidate is found.

Apply online today.

Aroostook Savings & Loan is an Equal Opportunity Employer– EOE/Minorities/Females/Veterans/Disabled. Member FDIC. Equal Housing Lender.