Underwriter – Commercial Banking, Midvale UT

Zionsbancorp; United States; On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Medical, Dental and Vision Insurance –

401(k) with company match

Paid Parental Leave

Tuition Reimbursement

PTO and holidays

Job summary

Zions Bank, part of Zions Bancorporation, is hiring a Commercial Underwriter in Midvale, UT to join the Equipment Finance Division. The role focuses on credit investigations, underwriting, and financial analysis to assess creditworthiness of loan requests.

Ideal candidates have 4+ years in commercial banking credit/financial analysis or underwriting, with preference for equipment finance or leasing backgrounds. In-office role with strong emphasis on risk assessment and client relations.

Qualifications

• Bachelor’s in finance, business, accounting or related field.
• 4+ years of Commercial Banking credit/financial analysis or underwriting.
• 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.
• Strong verbal and written communication skills and client relationships.
• Proficient in common computer software.

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

Communication

Decision making

Financial statement analysis

Client relationships

Education

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

Tools

Spreadsheets

Word processing

Job description

Underwriter – Commercial Banking, Midvale UT(

Job Number:

1. hours per week: 40

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 an opportunity for a Commercial Underwriter to join the Equipment Finance Division, located in Midvale, Utah office.

++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.
• 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.

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 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.

Illusion

Work Locations

Utah-Midvale-UT – Zions Tech Center
Specialty Banking Leasing

ABOUT OUR COMPANY

Zions Bancorporation is one of the nation’s premier financial services companies with total assets exceeding $65 billion. Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming.
The company is a national leader in Small Business Administration lending and public finance advisory services, and is a consistent top recipient of Greenwich Excellence awards in banking. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices.
For more information, click here

Equal Opportunity Employer
It is the policy of this corporation to provide 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, veteran status, sexual orientation, gender identity and expression or any other characteristic protected by applicable law. This policy is established and administered in accordance with all applicable federal, state, and local laws.
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