Equipment Finance Underwriter – Commercial Credit

Zions Bancorporation; Midvale (UT); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Medical, Dental and Vision Insurance -

Life and Disability Insurance

Paid Parental Leave and Adoption

401(k) plan with company match

Paid Time Off (PTO) and Holidays

Tuition Reimbursement

Job summary

Zions Bank in Midvale, UT, is seeking a Commercial Underwriter to join the Equipment Finance Division. This role conducts credit investigations, analyzes loan proposals, and helps determine risk and credit-worthiness for business borrowers.

The ideal candidate will have a Bachelor's in finance, business, or accounting with 4+ years of commercial banking credit experience, preferably in equipment finance or leasing, plus strong financial analysis and communication skills.

Qualifications

• Requires a Bachelor's in finance, business, accounting or a related field and 4+ yrs of Commercial Banking credit/financial analysis, lending, underwriting or other directly related experience.
• 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.

Responsibilities

• 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.

Skills

Credit analysis

Underwriting

Financial statement analysis

Credit risk

Communication

Decision making

Spreadsheets

Word processing

Education

Bachelor's in finance, business, accounting or related field

Tools

Spreadsheets

Word processing

Job description

Zions Bank in Midvale, UT, is seeking a Commercial Underwriter to join the Equipment Finance Division. This role conducts credit investigations, analyzes loan proposals, and helps determine risk and credit-worthiness for business borrowers.

The ideal candidate will have a Bachelor's in finance, business, or accounting with 4+ years of commercial banking credit experience, preferably in equipment finance or leasing, plus strong financial analysis and communication skills.