Sr. Manager, Portfolio Management

Zions Bancorporation; Salt Lake City (UT); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Benefits on day one

12 bank holidays

Profit sharing

401(k) matching

Job summary

Zions Bancorporation is seeking a Senior Portfolio Manager in Salt Lake City to lead a team that manages and services portfolio loan relationships. You will oversee loan structuring, credit risk evaluation, and compliance with bank standards to ensure timely decisions and strong client satisfaction.

Responsibilities include mentoring staff, presenting analyses to clients, and maintaining relationships with internal bankers.

Qualifications

• Requires a Bachelor's degree in finance, business or a related field and 10+ years of commercial and business banking loans, credit, loan structuring, portfolio management and banking or other directly related lending experience.
• Managerial or supervisory experience required. A combination of education and experience may meet requirements.
• Extensive, in-depth knowledge of loans, portfolio management, credit analysis, underwriting, loan structuring, loan processing and closing processes and procedures.
• Excellent management, problem solving and analysis skills.
• Must have exceptional interpersonal and communication skills, both verbal and written.
• Ability to manage, lead and mentor a team of relationship managers.
• Must be able to meet and interact with all levels of employees and managers.
• Excellent relationship building and leadership skills.
• Proficient with Microsoft Project, Word, PowerPoint, Excel and other office software.
• Applies highly advanced concepts in decision-making and problem-solving activities.

Responsibilities

• Manages a team of Portfolio Managers that manage and service portfolio loan relationships.
• Ensures the team expands and builds relationships with a high degree of resultant customer satisfaction.
• Responsible for the teams’ overall loan structuring and monitoring of credit performance.
• May function as a back-up for other Portfolio Managers as needed.
• Responsible for evaluating credit risk and forming opinions for approving or denying loan applications according to set bank standards in a timely manner.
• Ensures information gathered is appropriate to make sound decisions, including spreading and analyzing financial statements, addressing industry risks and mitigants, collateral requirements, loan structuring and pricing, credit analysis including validation of various underwriting models.
• Has overall responsibility for policy exception identification, monitoring credit performance and completing loan presentations including new commitments, modifications, and renewals.
• Recommends exceptions based on findings. May have the authority to structure loans outside the organization's loan policies.
• Responsible for risk rating assessments and periodic relationship reviews.
• Consults with clients and internal banking relationship managers to develop objectives, providing advice and counsel.
• Makes presentations to clients and external audiences regarding products and services as needed. Keeps abreast of new laws and regulations related to commercial and business banking loans. Expands, builds and maintains client relationships, providing the highest level of customer service.
• Responsible to hire, fire and performance management for staff.
• Other duties as assigned

Skills

Portfolio management

Credit analysis

Loan structuring

Relationship management

Leadership / mentoring

Communication skills

Financial statement analysis

Regulatory knowledge

Education

Bachelor's degree in finance, business or related field

Tools

Microsoft Project

Word

PowerPoint

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’s Top Workplaces. Make the leap into a new era of banking. Let us transform your career.

With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is committed to career growth and advancement. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.

Key Responsibilities:

• Manages a team of Portfolio Managers that manage and service portfolio loan relationships.


• Ensures the team expands and builds relationships with a high degree of resultant customer satisfaction.


• Responsible for the teams’ overall loan structuring and monitoring of credit performance. May function as a back-up for other Portfolio Managers as needed.


• Responsible for evaluating credit risk and forming opinions for approving or denying loan applications according to set bank standards in a timely manner. Ensures information gathered is appropriate to make sound decisions, including spreading and analyzing financial statements, addressing industry risks and mitigants, collateral requirements, loan structuring and pricing, credit analysis including validation of various underwriting models.


• Has overall responsibility for policy exception identification, monitoring credit performance and completing loan presentations including new commitments, modifications, and renewals.


• Recommends exceptions based on findings. May have the authority to structure loans outside the organization's loan policies. Responsible for risk rating assessments and periodic relationship reviews.


• Consults with clients and internal banking relationship managers to develop objectives, providing advice and counsel.


• Makes presentations to clients and external audiences regarding products and services as needed. Keeps abreast of new laws and regulations related to commercial and business banking loans. Expands, builds and maintains client relationships, providing the highest level of customer service.


• Responsible to hire, fire and performance management for staff.


• Other duties as assigned

Qualifications:

• Requires a Bachelor's degree in finance, business or a related field and 10+ years of commercial and business banking loans, credit, loan structuring, portfolio management and banking or other directly related lending experience.


• Managerial or supervisory experience required. A combination of education and experience may meet requirements.


• Extensive, in-depth knowledge of loans, portfolio management, credit analysis, underwriting, loan structuring, loan processing and closing processes and procedures. Consistently utilizes in-depth knowledge of loan risk, laws and regulations with the ability to expand loan portfolios and client relationships.


• Excellent management, problem solving and analysis skills.


• Must have exceptional interpersonal and communication skills, both verbal and written.


• Ability to manage, lead and mentor a team of relationship managers.


• Must be able to meet and interact with all levels of employees and managers.


• Excellent relationship building and leadership skills.


• Proficient with Microsoft Project, Word, PowerPoint, Excel and other office software.


• Applies highly advanced concepts in decision-making and problem-solving activities.

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