Junior Real Estate Commercial Portfolio Manager - Salt Lake City, UT

Zions Bank • Salt Lake, UT

1d • Onsite

About The Position

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. Zions Bank has just opened an opportunity for a Junior Real Estate Commercial Portfolio Manager based in Salt Lake City, Utah office location. Ideal candidates will have these skills and experience : Manage and service a portfolio of real estate commercial term loans and construction loans. Spread and analyze financial statements, MDM risk grading, addressing industry risks, collateral requirements, loan structuring, credit analysis, assisting in the preparation of loan presentations and monitoring individual loan performance. Handle reporting on loans, involving such things as past dues, documentation and collateral exceptions, financial performance updates, taxes, insurance, property inspections, problem loans, loan concentrations and portfolio profitability, etc. Keep informed of financial and market trends in the portfolio and analyzes those trends for the effect they have on the portfolio. Handle maintenance of existing relationships. Assists Real Estate Bankers with new loan and existing loan requests. Maintain strong working and communicative relationship, with a resulting high degree of customer satisfaction.

Requirements

• 1+ years real estate credit associated lending or 3+ years related experience. An equivalent combination of education and experience may meet qualifications.
• Knowledge of real estate commercial lending and/or related lending.
• Knowledge of credit analysis, spreading and analyzing financial statements, tax analysis, credit scoring, loan documentation, etc.
• Requires good relationship, organizational and creative problem solving skills.
• Ability to meet deadlines.
• Must have solid communications skills, both verbal and written.
• Must be able to work with Officers, employees and clients.
• Knowledge of various software applications including word processing and spreadsheets.
• Bachelor's degree in Finance, business or related field

Responsibilities

• Manage and service a portfolio of real estate commercial term loans and construction loans.
• Spread and analyze financial statements, MDM risk grading, addressing industry risks, collateral requirements, loan structuring, credit analysis, assisting in the preparation of loan presentations and monitoring individual loan performance.
• Handle reporting on loans, involving such things as past dues, documentation and collateral exceptions, financial performance updates, taxes, insurance, property inspections, problem loans, loan concentrations and portfolio profitability, etc.
• Keep informed of financial and market trends in the portfolio and analyzes those trends for the effect they have on the portfolio.
• Handle maintenance of existing relationships.
• Assists Real Estate Bankers with new loan and existing loan requests.
• Maintain strong working and communicative relationship, with a resulting high degree of customer satisfaction.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level