Associate II - Private Banking

Central Pacific Bank•Honolulu, HI

5d•$54,234 - $72,619•Onsite

About The Position

This role assesses risk, analyzes, and helps structure Private Banking credit requests to facilitate the credit decision-making process. The Associate II will discuss requests with Private Banking Officers and/or Credit Administrators, periodically meet clients and prospective clients with Private Banking Officers, and provide support on renewals/modifications. The position requires documenting the credit decision and supporting rationale clearly, fairly, and in a balanced manner, ensuring all credits meet CPB quality targets, lending policies, and underwriting guidelines. Additionally, the role assists with team portfolio management and coordinates documentation with the Documentation Department and external attorneys as needed. The Associate II performs all duties and interacts with internal and external customers in a manner aligned with the Company's Core Values of approaching all actions with a “Voyaging Spirit” and being “Positively Ohana”. This role exhibits core competencies that result in consistent delivery of positive Customer Interactions, Empowerment and Ownership, and demonstrates key professional and performance skills such as Active Listening, effective Oral and Written Communication, Action and Solution Oriented, and Thoroughness.

Requirements

High School Diploma or GED equivalency required.
5+ years of experience in Commercial and retail loan and deposit servicing or underwriting, or equivalent experience required.

Nice To Haves

Bachelor’s Degree from an accredited 4-year university in Accounting, Finance, Economics, or related field preferred.
A bachelor’s degree can substitute for 2 years of work experience.

Responsibilities

Develops client and financial information.
Formulates credit analysis, cash flow analysis, and alternative risk scenarios using a computer.
Prepares written summaries of acceptability of risk.
Reviews and makes recommendations on credit approval memorandums for recommended credit facilities.
Provides primary credit structuring decisions in consultation with the primary relationship officers.
Assures that credit facility structures meet the customer’s needs while maintaining safety and soundness standards for the Bank.
Assists team members in management and achievement of team goals, portfolio, and accountabilities.
Assists team to maintain, expand, and service deposit and loan relationships of high-valued clientele, as well as responding to inquiries.
Generates referrals for various banking products and services.
Attends sales meetings to communicate results of sales and business calling activities, and provides feedback to Manager on strategies to enhance goal attainment.
Reviews and tracks team’s portfolio to minimize exceptions, maximize compliance, and proactively address upcoming credit requests.
Along with relationship officers, develops client and financial information, monitors and collects on all overdue accounts.
Coordinates the research and response to requests for information and service for clients.
Initiates corrective actions and ensures prompt follow-up to ensure client satisfaction.
Maintains quality of loans in team portfolio of account relationships through diligent supervision and collection efforts, keeping abreast of trends and developments both within and outside the Bank that could impact or affect the quality of the assigned portfolio.
Keeps on top of all credits and downgrade loans as necessary.
Liaison between clients, officers, and Bank departments in researching/responding to requests for information, researching, and resolving problems.
Responsible for ensuring missing and incomplete reports for the team are updated in a timely manner.
Serves as a backup for other administrative/operational duties as assigned by relationship officers.
Assists in special projects, miscellaneous responsibilities, and other duties as assigned.
Achieves a satisfactory rating on audits.
Improves personal/professional status through education and keeping abreast of updated bank policies, procedures, and products and services.