Senior Consumer Underwriter - Midvale, UT

Zions Bank; Midvale (UT); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Medical/Dental/Vision

Life Insurance

Disability Insurance

Paid Parental Leave

Tuition Reimbursement

401(k) Match

Paid Holidays

Bonus eligibility

Job summary

Zions Bank in Midvale, Utah seeks a Consumer Underwriter to support reviewing, analyzing, and underwriting consumer, credit card, mortgage residential and construction loan applications in line with policy and regulatory standards.

You will review documents, assess income, assets, and debt, and may propose loan terms for underwriter review. The role demands accuracy, confidentiality, and adherence to lending laws.

Qualifications

• Requires an associate degree and some experience with consumer or mortgage lending, credit reports and documentation or other directly related experience.
• An equivalent combination of education and experience may meet qualification.
• Basic knowledge of consumer/mortgage credit, credit reports, lending and underwriting concepts, practices and procedures.
• Ability to review and analyze income, assets, credit documentation, credit reports, debt ratios and loan to value information.
• Knowledge of federal and state laws and regulations relating to consumer lending.
• Ability to make sound decisions.
• Must have good customer relations and communication skills, both verbal and written.
• Ability to underwrite a high volume of loan applications maintaining accuracy and consistency.
• Strong attention to detail.
• Ability to handle confidential material in a professional manner.
• Working knowledge of a various related software applications, including spreadsheets, word processing, etc.

Responsibilities

• Assist in reviewing, analyzing, underwriting within system, evaluating and providing recommendations for approving or denying consumer, credit card, mortgage residential and construction loan applications according to the company's guidelines, business and credit standards as well as applicable laws and regulations.
• Review documents and forms within system.
• Assist Underwriting to review and analyze income, assets, credit documentation, credit reports, salary and employment history, debt ratios and loan to value information to determine a borrower's credit-worthiness.
• May also evaluate the value of the subject property.
• May recommend terms of loan for underwriter review.
• Gather information as necessary to make sound decisions.
• Respond to affiliate banks, loan center and branch personnel on lending decisions and issues.
• May recommend exceptions based on findings.
• Recommend applications for risk review by elevating concerns to an underwriter and by following policies and procedures.
• Keep abreast of federal and state laws and regulations relating to consumer lending.
• Other duties as assigned.

Skills

Underwriting basics

Credit reports

Lending concepts

Decision making

Customer communication

Data accuracy

Detail orientation

Software proficiency

Education

Associate degree

Tools

Spreadsheets

Word processing

Job description

Did you know that Zions Bancorporation is one of the nation’s premier financial services companies with total assets exceeding $70 billion? With local management teams at the helm in 11 western states, Zions is dedicated to making a difference in their local communities. At Zions, we haven’tforgotten who keeps us in business, meaning we’re committed to the success of our customers, and our employees. Here, the possibilities are endless – come for a job, stay for a career.

The ideal candidate for the Consumer Underwriter position will have the skills and experience necessary to:

• Assist in reviewing, analyzing, underwriting within system, evaluatingand providing recommendations for approving or denying consumer, credit card, mortgage residential and construction loan applications according to the company's guidelines, business and credit standards as well as applicable laws and regulations.
• Review documents and forms within system.
• Assist Underwriting to review and analyze income, assets, credit documentation, credit reports, salary and employment history, debt ratios and loan to value information to determine a borrower's credit-worthiness.
• May also evaluate the value of the subject property.
• May recommend terms of loan for underwriter review.
• Gather information as necessary to make sound decisions.
• Respond to affiliate banks, loan center and branch personnel on lending decisions and issues.
• May recommend exceptions based on findings.
• Recommend applications for risk review by elevating concerns to an underwriter and by following policies and procedures.
• Keep abreast of federal and state laws and regulations relating to consumer lending.
• Other duties as assigned.

Qualifications:

• Requires an associatesdegree and some experience with consumer or mortgage associated lending, credit reports and documentation or other directly related experience.
• An equivalent combination of education and experience may meet qualification.
• Basic knowledge of consumer/mortgage credit, credit reports, lending and underwriting concepts, practicesand procedures.
• Ability to review and analysis income, assets, credit documentation, credit reports, debt ratios and loan to value information.
• Knowledge of federal and state laws and regulations relating to consumer lending.
• Ability to make sound decisions.
• Must have good customer relations and communication skills, both verbal and written.
• Ability to underwrite a high volume of loan applications maintaining accuracy and consistency.
• Strong attention to detail.
• Ability to handle confidential material in a professional manner.
• Working knowledge of a various related software applications, including spreadsheets, word processing, etc.

• 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 11 Paid Federal 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
• Employee Ambassador preferred banking products
• Employees may, at the company’s discretion, be eligible to receive a cash bonus award

This position will be open until filled.

All candidates, including those with criminal histories will be considered for employment. However, a background check adjudicated consistently with the FDIC Section 19 regulation will be completed on any candidate who accepts a conditional job offer from the Company. Because the Company is a financial institution, the FDIC guidelines apply to all positions within the company and as such any and all job duties have a direct relationship to a candidate’s criminal history and that criminal history would need to align with the FDIC Section 19 regulations.

Zions Bancorporation, National Association prohibits illegal discrimination and reaffirms its policy of providing Equal Employment Opportunity (EEO), by extending equal employment and advancement opportunities to all employees and applicants for employment, without regard to race, color, religion, age (40 and over), sex, pregnancy, gender, disability, national origin, ethnic background, citizenship, protected veteran status, military service, sexual orientation, gender identity, genetic information or any other characteristic protected by applicable federal, state or local law.

It is the Company’s policy not to discriminate because of a person’s relationship or association with a protected veteran. This includes spouses and other family members. Also, Zions will safeguard the fair and equitable treatment of protected veteran spouses and family members with regard to all employment actions and prohibit harassment of applicants and employees because of their relationship or association with a protected veteran.

Applicants Requesting Accommodations: If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access our career site. You can request reasonable accommodations by contacting us at [e-mail] or 801/844-7618. Please email your resume/cover letter, indicate what position you are interested in and include "Accommodation needed" in the subject line to ensure your information is routed to the appropriate contact.

Zions Bank a division of Zions Bancorporation, N.A. Member FDIC