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Credit Risk Associate Jobs in Hawaii (NOW HIRING)

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Credit Risk Associate information

See Hawaii salary details

$51.9K

$113.6K

$190.1K

How much do credit risk associate jobs pay per year?

As of Aug 28, 2026, the average yearly pay for credit risk associate in Hawaii is $113,573.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,900.00 and $147,500.00 per year, depending on experience, location, and employer.

What does a credit risk associate do?

A Credit Risk Associate is responsible for assessing and managing the risk that a borrower may default on a loan or credit obligation. They analyze financial statements, credit reports, and market data to evaluate the creditworthiness of individuals or companies. Their work helps financial institutions make informed lending decisions, set appropriate credit limits, and comply with regulatory requirements. Credit Risk Associates also monitor existing credit exposures and may recommend strategies to mitigate potential losses.

What skills and qualifications are needed to thrive as a credit risk associate?

To thrive as a Credit Risk Associate, you need strong analytical skills, attention to detail, and a solid understanding of financial statements, typically backed by a degree in finance, economics, or a related field. Familiarity with risk assessment software, credit modeling tools, and proficiency in Excel or similar data analysis programs are essential technical requirements. Strong communication, problem-solving abilities, and sound judgment help you effectively collaborate with stakeholders and make informed recommendations. These skills and qualities are crucial for accurately assessing creditworthiness and minimizing financial risk for the organization.

How does a credit risk associate typically collaborate with other teams within a financial institution?

Credit Risk Associates work closely with various departments, including front-office lending teams, compliance, and portfolio management. They regularly communicate with relationship managers to gather client information, and partner with data analysts to assess credit models and risk metrics. This collaborative environment ensures that credit decisions are well-informed and compliant with internal policies. Being proactive and communicative is key, as the role often requires balancing risk assessment with business growth objectives.

What is the difference between Credit Risk Associate vs Credit Analyst?

AspectCredit Risk AssociateCredit Analyst
Required CredentialsBachelor's degree, relevant certifications often preferredBachelor's degree, certifications like CFA or credit-specific courses beneficial
Work EnvironmentFinancial institutions, banks, credit agenciesBanks, investment firms, credit rating agencies
Employer & Industry UsageCommonly used in risk management teamsUsed in credit assessment and lending decisions
Comparison Search IntentUnderstanding risk roles in creditAnalyzing creditworthiness of clients

Both roles involve assessing credit-related information, but Credit Risk Associates focus on managing overall risk exposure, while Credit Analysts evaluate individual creditworthiness. The roles often overlap in skills and industry settings, making them closely related but distinct in scope.

What are the most commonly searched types of Credit Risk jobs in Hawaii?

The most popular types of Credit Risk jobs in Hawaii are:

What are popular job titles related to Credit Risk Associate jobs in Hawaii?

For Credit Risk Associate jobs in Hawaii, the most frequently searched job titles are:

What job categories do people searching Credit Risk Associate jobs in Hawaii look for?

The top searched job categories for Credit Risk Associate jobs in Hawaii are:

What cities in Hawaii are hiring for Credit Risk Associate jobs?

Cities in Hawaii with the most Credit Risk Associate job openings:

Credit Risk Associate jobs near you

Associate I or II - Private Banking

Honolulu, HI • On-site

Central Pacific Bank
Commercial Banking • 501 - 1,000 employees

7.2

Company rating: 7.2 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

116th of 172 rated banks

Great coworkers

Good employer

Respectful managers

Learn more about Central Pacific Bankexternal

Full-time

Re-posted 6 days ago

Job description

Position Function:

Assess risk, analyzes, and helps to structure Private Banking credit requests to facilitate the credit decision-making process. Discusses requests with Private Banking Officers and/or Credit Administrators, periodically meets clients and prospective clients with Private Banking Officers. Provides support on renewals/modifications. Documents the credit decision and supporting rationale in a clear, fair, and balanced manner. Assures that all credits meet CPB quality targets, lending policies, and underwriting guidelines. Assists with team portfolio management. Coordinates documentation with Documentation Department and external attorneys, as needed.

Performs all duties and interacts with internal and external customers in a manner that is expressly aligned with the Company's Core Values of approaching all actions with a “Voyaging Spirit” and being “Positively Ohana”. 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.

Primary Accountabilities:

  • 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.

Minimum Qualifications:

Education:

  • High School Diploma or GED equivalency required.
  • Bachelor’s Degree from an accredited 4-year university in Accounting, Finance, Economics, or related field preferred.

Experience:

Associate I:

  • 4+ years of experience in Commercial and retail loan and deposit servicing or underwriting, or equivalent experience required. (A bachelor’s degree can substitute for 2 years of work experience.)

Associate II:

  • 5+ years of experience in Commercial and retail loan and deposit servicing or underwriting, or equivalent experience required. (A bachelor’s degree can substitute for 2 years of work experience.)


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.

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