Commercial Banking Associate I
Company: Bank of Hawaii
Posted on: April 5, 2021
Under the direction of the Manager, the Commercial Banking
Associate assists the Portfolio Management Officer (PMO) and
Primary Relationship Officer (PRO) with the evaluation of financial
and other risks associated with business clients to enable the
making of a credit decision. Ensures business unit's compliance
with applicable laws, regulations, regulatory requirements and Bank
policies and procedures, including but not limited to those related
to Fair Banking, Anti-Money Laundering laws and regulations, Bank
Secrecy Act and USA PATRIOT Act.
- Spreads Financial Statements, Business Tax Returns and Personal
Tax Returns utilizing financial statement spreading software;
prepares Loan and Account summary and financial updates to Asset
- Performs covenant compliance and tracking through calculations
and documentation on the Compliance Review Worksheet; performs
collateral valuations and validates Borrowing Bases or Advances
- Analyzes financial statements, evaluates historical operating
performance and financial condition, and assesses operational and
credit risk in preparing Vendor Financial Reviews and Modified
CAMs. Prepares Credit Approval Memorandum (CAM) package and written
summaries, including forward looking acceptability of risks,
primarily for simple annual line renewals and other credit requests
with guidance and close supervision of the PMO and PRO. Assists
with credit write up and supporting analysis, including cash flow
and sensitivity projections.
- Assists PMO and/or PRO with research, due diligence, and
analysis as requested. Includes preparation of credit amendments
(CAM-3) for covenant waivers and/or extensions and establishment or
renewal of ACH limits via CR68 or ACH Control Limit Report.
- Retrieves and reviews daily overdraft reports and ACH
exceptions and recommends appropriate disposition of overdrafts and
ACH exceptions with adequate research to support recommendation;
communicates with client and PRO as necessary.
- Education: Bachelor's degree from an accredited institution,
preferably with major in business or related area, or equivalent
work experience. Requires a good understanding of general
accounting principles, financial analysis, ability to comprehend
various types of financial statements, and an understanding of
business financial concepts like cash flow, credit scoring,
- Experience: General knowledge of banking industry and products
gained through study, internship, completion of the Bank Associate
program or work experience in banking and/or other financial
institutions or equivalent work experience.
- Technical Skills: Demonstrated proficiency with personal
computers and Microsoft applications (Outlook, Word, Excel, Access
and PowerPoint) or similar software. Requires excellent worksheet
skills and good working knowledge of database programs. Knowledge
of or ability to use Bank software and systems.
- Other Job Qualifications: Demonstrated verbal and written
communication skills including presentation skills. Able to
demonstrate strong analytical and quantitative skills, with
excellent attention to detail. Must be able to meet deadlines and
handle multiple priorities. Must possess good working knowledge of
accounting principles. Possesses good interpersonal skills and
client servicing skills to meet the Bank's standards. Must always
follow up and follow through. Able to work flexible hours including
weekends and evenings as needed or assigned.
We are committed to fully complying in letter and in spirit with
all Equal Opportunity Employment and Affirmative Action laws and
regulations. All qualified applicants will receive consideration
for employment and will not be discriminated against on the basis
of race, color, religion, sex, including gender identity or
expression, sexual orientation, national origin, citizenship,
ancestry, age, marital status, genetic information, domestic or
sexual violence victim status, disability, protected veteran status
or any other status protected by federal, state or local law. We
also foster a drug-free work environment.
Keywords: Bank of Hawaii, Honolulu , Commercial Banking Associate I, Accounting, Auditing , Honolulu, Hawaii
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