Underwriter - Commercial Banking, Midvale UT

Zions Bank; Midvale (UT); On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Health Insurance

Dental Insurance

Vision Insurance

401(k) plan

Paid Time Off

Tuition Reimbursement

Transit/parking benefits

Life Insurance

Disability Insurance

Adoption Assistance

Job summary

Zions Bank in Midvale, UT is seeking a Commercial Underwriter for the Equipment Finance Division. The role involves credit investigations, loan analysis, underwriting, and ensuring complete financial information for loan renewals.

The candidate should have a Bachelor's in finance or related field and 4+ years in commercial banking credit/analysis. Experience with equipment finance or leasing is preferred, along with strong communication and problem-solving 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.

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 analysis

Communication skills

Education

Bachelor's degree in Finance/Business/Accounting

Tools

Spreadsheet software

Word processing

Job description

Ideal candidates will have the skills and experience necessary to:

Zions Bankrecognizes 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 amongAmerican 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 theSalt Lake Tribune’s Top Workplaces. Make the leap into a new era of banking. Let us transform your career.

Zions Bank has an opportunity for aCommercial Underwriter to join theEquipment Finance Division, located in Midvale, Utah office.

• 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

What you need to bring to the table:

• 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. A combination of education and experience may meet job requirements.
• 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.

Location:

This position is fully in office (5 days a week) at the Zions Technology Center – 7860 South Bingham Junction Blvd, Midvale, UT 84047.

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.
• 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, 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.

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