How to change your shell account password

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Once you're logged into your shell account via ssh, type passwd

username:~$ passwd

You should then see:

Changing password for username user
(current) UNIX password:

Enter your current password.

Assuming that you entered the correct password, you will then be prompted for a new password twice.

New UNIX password:
Retype new UNIX password:

If both fields match, passwd will change the user password and exit sucessfully:

passwd: password updated successfully