Bank Associate

Central Pacific Bank (HI); Honolulu (HI); On-site; USD 29,000 - 40,000; Full time

Job summary

Central Pacific Bank (HI) is seeking a Bank Associate for a full-time program in Honolulu, HI. The role develops future banking professionals through rotations in underwriting, credit analysis, and lending practices, with the aim of advancing to an Underwriter position after one year and potential Banking Officer opportunities.

The program emphasizes hands-on credit analysis, financial analysis, risk assessment, and loan structuring, alongside formal training, mentoring, and development

Qualifications

• 1+ years of experience involving the analysis and interpretation of financial information, including financial analysis or credit analysis.
• 1+ years of intern or professional work experience in banking or related fields.
• Strong understanding of lending practices and risk management.

Responsibilities

• Participates in structured rotational assignments to develop a broad understanding of the Bank’s lending businesses and underwriting practices.
• Develops foundational knowledge in financial analysis, credit analysis, risk assessment, and loan structuring by working with seasoned underwriters and bankers.
• Participates in credit discussions, meetings, and activities to understand lending decisions and risk considerations.
• Gains exposure to the loan process from origination through approval, documentation, and booking, plus portfolio management activities.
• Learns bank policies, procedures, credit standards, regulatory requirements, and risk management practices.
• Attends meetings with senior leaders to understand the bank’s strategic priorities and performance.

Skills

Financial analysis

Credit analysis

Lending knowledge

Risk assessment

Education

Bachelor's Degree

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Bank Associate

TALENT & ORGANIZATIONAL DEVELOPMENT Full-time ICP Support Honolulu, HI, US

2 days ago Requisition ID: 4567

Salary Range: $21.00 To $29.24 Hourly

Position Function

The Bank Associate position is designed to develop future banking professionals by providing broad exposure to underwriting, credit analysis, lending practices, and the Bank’s approach to managing risk and serving customers. This position is for individuals interested in building a long‑term career in banking, with the goal of preparing successful participants to transition into an Underwriter position upon completion of the one‑year program and pursue future career opportunities, including advancement toward a Banking Officer role. Through a combination of rotational assignments, on‑the‑job and classroom training, formalized feedback, coaching, and mentoring, Bank Associates will gain hands‑on experience in credit analysis, financial analysis, risk assessment, loan structuring, and other fundamental aspects of the underwriting process while contributing to Central Pacific Bank' s strategic initiatives. The program also emphasizes personal and professional development, providing opportunities to strengthen communication, critical thinking, collaboration, leadership, and other skills essential to becoming a high‑level contributor and trusted banking professional. During the program, Bank Associates will work alongside experienced banking professionals and accept delegated responsibilities and duties appropriate to their level of development.

Primary Accountabilities

• Participates in structured rotational assignments to develop a broad understanding of the Bank’s lending businesses and underwriting practices.
• Develops foundational knowledge and practical skills in financial analysis, credit analysis, risk assessment, loan structuring, credit decision‑making, and portfolio management by working alongside experienced underwriters, bankers, relationship managers, portfolio managers, and other business partners.
• Participates in credit discussions, business meetings, and other activities to develop an understanding of lending decisions, risk considerations, relationship banking, and appropriate loan structures.
• Gains exposure to the loan process from origination through approval, documentation, and booking, as well as ongoing portfolio management activities.
• Develops an understanding of applicable Bank policies, procedures, credit standards, regulatory requirements, risk management practices, products, services, and systems.
• Reviews internal documents (strategic plan, annual report, mission and values), participates in bank‑wide employee meetings to learn about the bank’s strategic priorities, upcoming initiatives and financial performance.
• Attends meetings with key senior leaders in various departments to build holistic view of bank’s functions, challenges, and opportunities.
• Takes part in corporate social responsibility activities and events that support the bank’s role in the community.
• Participates in formal training, workshops, coaching, mentoring, and other personal and professional development opportunities designed to strengthen communication, critical thinking, problem‑solving, collaboration, organization, leadership, and other skills essential to becoming a high‑level contributor.
• Seeks and applies feedback, demonstrates initiative and ownership, builds relationships across the Bank, and actively pursues opportunities to expand knowledge and capabilities.
• Works with program manager, and department leaders to establish and monitor individual development goals and demonstrates increasing knowledge, confidence, independence, and proficiency throughout the program.

Minimum Qualifications

Education

• Bachelor’s Degree from an accredited 4‑year university, preferably in Business, Accounting, Finance, Economics, or a related field required.

Experience

• 1+ years of experience involving the analysis and interpretation of financial or business information which may include financial statement analysis, accounting, credit analysis, financial analysis, lending, banking, or other related experience required.
• 1+ years of intern or professional work experience required.

Physical Requirements & Working Conditions

• Must be able to perform light physical work and to move or lift items including but not limited to boxes, files and papers up to 20 pounds unless otherwise as indicated.
• Must be able to operate and proficiently use standard office equipment, including phone, copier, personal computer and/or other work related mechanical or electronic devices and applications.
• Must be able to clearly communicate verbally and in writing with all internal and external customers. Must also be able to hear sufficiently to engage in daily discussions and interactions.
• Must be able to read and understand bank‑related documents.
• Must be able to work in a conventional office setting, involving sitting at a desk or workstation for long periods of time. Must also be able to adapt to different work environments as needed to perform the job.

We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug‑free workplace and perform pre‑employment substance abuse testing.