Commercial Banking Underwriter – Midvale, UT

Zions Bank; Utah; On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Paid Parental Leave

Adoption Assistance

401(k) plan with match

Tuition Reimbursement

Job summary

Zions Bank, located in Midvale, Utah, seeks a Commercial Banking Underwriter for its Equipment Finance Division. The role focuses on credit investigations, underwriting, and loan analysis to support credit decisions.

Ideal candidates hold a finance-related bachelor’s degree and 4+ years in credit analysis, with experience in equipment finance preferred. Candidates should be adept at financial review, risk assessment, and collaboration with loan officers.

Qualifications

• Bachelor’s in finance, business, accounting or related field with 4+ years of credit/financial analysis experience.
• Preference for Equipment Finance or Leasing backgrounds.
• Knowledge of financial spread analysis and underwriting processes.
• Experience with various loan types.
• Understanding credit risk and regulatory requirements.
• Strong communication and decision-making skills.
• Proficiency with spreadsheets and office software.

Responsibilities

• Conduct credit investigations and loan analysis.
• Analyze financial statements and trends for credit worthiness.
• Determine cash flow using tax analysis.
• Prepare credit summaries and recommendations.
• Collaborate with loan officers and staff.
• Ensure credit files contain current financial information.
• Assist with projects as needed.

Skills

Credit analysis

Underwriting

Financial statement analysis

Cash flow analysis

Credit risk

Education

Bachelor's in finance, business or accounting

Tools

Spreadsheets

Word processing

Job description

Zions Bank recognizes that its success comes from the dedication, experience, and talents of its diverse employee base. As we usher in the next generation of banking, we’re committed to being the premier employer of choice. We’re proud to have ranked among American Banker magazine’s“Best Banks to Work For” almost every year since 2013, as Best Employer from Utah’s Best of State, among the Best Places to Work in Idaho, and “among the Salt Lake Tribune’sTop Workplaces. Make the leap into a new era of banking. Let us transform your career.

Zions Bank has just opened an opportunity for a Commercial Banking Underwriter , in the Equipment Finance Division, located in Midvale, Utah office.

If you’re ready for the next rung on your career ladder, this may be your opportunity.

++Ideal candidates will have the skills and experience necessary to++:

• Conduct credit investigations, credit and loan analysis, underwriting and other documentation information pertaining to loan analysis.
• Investigate all available sources of credit and financial information, including reporting services, credit bureaus, other companies, main office files, and branches.
• Understand loan requests and business relationships to ensure the accuracy and completeness of financial information received for loan renewals.
• Analyze financial statements and related material and make recommendations for approvals of credits.
• Analyze financial conditions and trends, review and report non-compliance with loan covenants.
• Determine cash flow using appropriate tax analysis.
• Prepare summaries, present facts, and offer opinions concerning credit-worthiness and any risk items or issues.
• Provide credit information and references for customers, loan officers, or other agencies as requested.
• Ensure that all credit files include current finances
• May assist with projects as needed and perform other duties as assigned

++What you need to bring to the table++:

• Requires a Bachelor’s in finance, business, accounting or a related field and 4 yrs credit/financial analysis, lending, underwriting or other directly related experience. A combination of education and experience may meet job requirements.
• Preference for Equipment Finance or Leasing backgrounds.
• Working knowledge of financial and spread analysis, credit, lending and underwriting processes and principles.
• Experience working with various types of loans.
• Working knowledge of credit risk, legal and regulatory requirements.
• Ability to work with lending officers and staff. Good client relationship and communication skills, both verbal and written.
• Ability to make sound decisions and recommendations regarding loans.
• Working knowledge of computer software programs including spreadsheets, word processing, etc. required.

Benefits:

• Medical, Dental and Vision Insurance – START DAY ONE!
• Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
• Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
• Paid Training, Paid Time Off (PTO) and 12 Paid Federal Holidays, and any applicable state holidays
• 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
• Mental health benefits including coaching and therapy sessions
• Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business, maximum of $5,250 per calendar year, employees are eligible for the program upon hire
• Discounted TRAX pass. ZTC in Midvale is 5 minutes walking distance from closest station.