Bank Associate

00790905-64d0-4a6c-a64d-2cba88c918c3•Honolulu, HI

8h•$21 - $29

About The Position

The Bank Associate program develops future banking professionals through rotational assignments, on-the-job and classroom training, feedback, coaching, and mentoring. Associates gain hands-on experience in credit and financial analysis, risk assessment, loan structuring, and other aspects of underwriting while contributing to Central Pacific Bank’s strategic initiatives. The one-year program is intended to prepare successful participants to transition into an Underwriter position, with future opportunities that may include advancement toward a Banking Officer role. Associates work alongside experienced banking professionals and take on delegated responsibilities appropriate to their level of development. The role also emphasizes personal and professional growth in communication, critical thinking, collaboration, leadership, and other skills needed to become a trusted banking professional. The position performs duties and interacts with internal and external customers in alignment with the company’s Core Values of “Voyaging Spirit” and “Positively Ohana.” It calls for positive customer interactions, empowerment and ownership, active listening, effective oral and written communication, a solution-oriented approach, and thoroughness.

Requirements

Bachelor’s degree from an accredited four-year university required; preferably in Business, Accounting, Finance, Economics, or a related field.
At least 1 year of experience involving analysis and interpretation of financial or business information, such as financial statement analysis, accounting, credit analysis, financial analysis, lending, banking, or related experience.
At least 1 year of internship or professional work experience.
Ability to perform light physical work and move or lift items, including boxes, files, and papers, up to 20 pounds.
Ability to operate and proficiently use standard office equipment, including a phone, copier, and personal computer, and work-related mechanical or electronic devices and applications.
Ability to communicate clearly verbally and in writing with internal and external customers and hear sufficiently to engage in daily discussions and interactions.
Ability to read and understand bank-related documents.
Ability to work in a conventional office setting, including sitting at a desk or workstation for long periods, and adapt to different work environments as needed.

Responsibilities

Participate in structured rotational assignments to develop an understanding of the Bank’s lending businesses and underwriting practices.
Build practical skills in financial analysis, credit analysis, risk assessment, loan structuring, credit decision-making, and portfolio management alongside experienced banking professionals and business partners.
Participate in credit discussions, business meetings, and other activities to learn about lending decisions, risk considerations, relationship banking, and loan structures.
Gain exposure to the loan process from origination through approval, documentation, and booking, as well as ongoing portfolio management.
Develop an understanding of Bank policies, procedures, credit standards, regulatory requirements, risk management practices, products, services, and systems.
Review internal documents and participate in bank-wide employee meetings to learn about strategic priorities, initiatives, and financial performance.
Attend meetings with senior leaders in various departments to develop a broad understanding of the Bank’s functions, challenges, and opportunities.
Participate in corporate social responsibility activities and events supporting the Bank’s role in the community.
Take part in training, workshops, coaching, mentoring, and other professional development opportunities.
Seek and apply feedback, demonstrate initiative and ownership, build relationships across the Bank, and pursue opportunities to expand knowledge and capabilities.
Work with the program manager and department leaders to establish and monitor development goals and demonstrate increasing knowledge, confidence, independence, and proficiency.