Credit Analyst – Midvale, UT

Zions Bank; Midvale (UT); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical Insurance

Dental & Vision

401(k) with match

Paid Time Off & Holidays

Tuition Reimbursement

Transit/parking benefits

Job summary

Zions Bank in Midvale, Utah is seeking a Credit Analyst in the Equipment Finance Division to review credit presentations and assist with asset evaluation, structuring, and underwriting support. You will help with spreading, financial analysis, and credit presentations for loan decisions.

Ideal candidates have a finance or economics background and 1+ years in credit or financial analysis, with proficiency in Excel and strong client communication skills.

Qualifications

• Bachelor's in finance, accounting or economics or related field with 1+ years credit/financial analysis experience.
• Basic working knowledge of credit risk, lending and underwriting processes.
• Ability to work with lending officers and staff and strong written/verbal communication.
• Proficiency with spreadsheets and common office software.

Responsibilities

• Conduct credit investigations, loan analysis and underwriting for credits.
• Research equipment types and related values for financing decisions.
• Prepare equipment desktop evaluations for Bank teams.
• Analyze financial statements and assess credit-worthiness for approvals.

Skills

Credit analysis

Lending knowledge

Communication

Decision making

Financial analysis

Education

Bachelor's in finance/accounting/economics

Tools

Excel

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 Credit Analyst within our Equipment Finance Division (EF) located in Midvale, Utah office. Zions Bancorporation’s Equipment Finance Division provides customized commercial financing and leasing solutions to help businesses acquire, replace, or upgrade critical machinery, technology, and vehicles while preserving working capital. Our Credit Analyst will review credit presentations approved from various sources and provide feedback on term, structure, and collateral; assist with asset evaluation, useful life estimates, and residual structuring; and, assist EF underwriters with spreading, financial analysis, Credit Presentation compilation.

Zions is committed to career growth and advancement. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity. 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.
• Conduct research on a variety of equipment types and associated values.
• Prepare equipment desktop evaluations for teams across the Bank.
• Investigate all available sources of credit and financial information, including reporting services, credit bureaus, other companies, main office files, and branches.
• Understanding of the loan request and the business relationship ensures the accuracy and completeness of financial information received for loan renewals.
• Analyze financial statements and related material and makes recommendations for approvals of credits.
• Analyze financial conditions and trends, reviews and reports 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, accounting, or economics or a related field and 1+ 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, but not required.
• Basic working knowledge of financial and spread analysis, credit, lending and underwriting processes and principles. Some experience working with various types of loans.
• Basic 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.

++Location Amenities:++

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.