Commercial Portfolio Manager- Midvale, UT

Zions Bank; Midvale (UT); On-site; USD 85,000 - 125,000; Full time

Benefits offered by this job

Medical, Dental & Vision insurance - 1

Life and Disability Insurance

Parental Leave & Adoption Assistance

HSA, FSA & dependent care accounts

Paid Training & PTO

Job summary

Zions Bank is seeking a Commercial Portfolio Manager for the Specialty Loan Servicing group at the Zions Technology Center campus in Midvale, UT. The role focuses on underwriting and servicing a portfolio of commercial loans, with close collaboration with Relationship Managers and Branch Managers.

Ideal candidates have a Bachelor’s degree and 2–4+ years of credit lending experience, plus strong Excel and MS Office skills to analyze financial statements and determine credit risk.

Qualifications

• Bachelor’s degree in a related field
• 2-4+ years credit lending or 5+ years related experience
• Comprehensive understanding of underwriting
• Advanced knowledge of commercial lending
• Experience with bank loan systems (Credit Lead, Moody’s)
• Excellent writing and verbal communication skills
• Advanced MS Office/Excel proficiency

Responsibilities

• Underwrite and service a portfolio of commercial loan relationships
• Spread and analyze financial statements, assess industry risks, collateral requirements, loan structuring and pricing
• Credit analysis, monitor credit performance and loan presentations
• Handle reporting on loans (past dues, documentation and collateral exceptions, financial updates)
• Provide customer service with clear communication, engaging with internal/external clients
• Manage existing client relationships and assist Relationship Managers and Branch Managers with credit requests
• Collaborate with internal/external clients on sensitive and routine matters
• Expand, build and maintain relationships to achieve high customer satisfaction
• Remain flexible and support other responsibilities as needed

Job description

• Comprehensive understanding of underwriting.

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’s Top 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 Portfolio Manager in the Specialty Loan Servicing group located in the Zions Technology Center campus in Midvale, UT.

Come join a team where you can collaborate and consult directly with clients as they manage their business operations. If you’re ready for the next step in your career, this may be your opportunity!

Ideal candidates will have the skills and experience necessary to:

• Underwrite and service a portfolio of commercial loan relationships.
• Spread and analyze financial statements, address industry risks, collateral requirements, loan structuring and pricing, credit analysis, monitor credit performance and loan presentations.
• Handle reporting on loans, involving such things as past dues, documentation and collateral exceptions, financial performance updates, portfolio profitability, etc.
• Provide customer service through clear communication skills, approachability, and working knowledge of all processes.
• Manage existing client relationships.
• Assist Relationship Managers and Branch Managers with credit requests.
• Collaborate and communicate with internal and external clients at a high level regarding sensitive matters, as well as routine matters.
• Expand, build and maintain relationships, with a resulting high degree of customer satisfaction.
• Remain flexible and support other responsibilities as needed for the business.

What you need to bring to the table:

• Typically requires a Bachelor’s degree and 2 - 4+ years credit associated lending or 5+ years related experience. An equivalent combination of education and experience may meet qualifications.
• Comprehensive understanding of underwriting.
• Advanced knowledge of commercial and/or related lending required.
• Deep knowledge of credit analysis, spreading and analyzing financial statements, credit scoring, loan documentation, etc.
• Experience with bank loan and deposit systems preferred:
  • Credit Lead
  • Tax Analysis
  • Moody’s
• Excellent writing and verbal communication skills and confidence in working with internal and external senior level individuals.
• Advanced level expertise with MS Office – most particularly with Excel.

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

Location:

This position is fully in office (5 days a week) at the Zions Technology Center.

The Zions Technology Center is a 400,000-square-foot technology campus in Midvale, Utah. Located on the former Sharon Steel Mill superfund site, the sustainably built campus will be the company’s primary technology and operations center. This modern and environmentally friendly technology center will enable Zions to continue to compete for the best technology talent in the state while providing team members with an exceptional work environment with features such as:

• Electric vehicle charging stations and close proximity to Historic Gardner Village UTA TRAX station.
• At least 75% of the building is powered by on-site renewable solar energy.
• Access to outdoor recreation, parks, trails, shareable bikes and locker rooms.
• Large modern cafe with a healthy and diverse menu.
• Healthy indoor environment with ample natural light and fresh air.
• LEED-certified sustainable building that features include the use of low VOC-emitting construction materials.