SBA Underwriter - Remote in AZ, CO, ID, NV, UT, and TX

Zions Bancorporation•Midvale, UT

4d•Remote

About The Position

Zions Bancorporation is seeking an SBA Underwriter to join their team. This position will be remote and located in AZ, CO, ID, NV, UT, and TX. The role involves compiling data for credit packages, analyzing financial information, evaluating loan applications, and ensuring compliance with bank policies and regulations. The underwriter will identify risks and mitigating factors, respond to inquiries, and perform other duties as needed.

Requirements

Bachelor’s in finance, Business, Accounting or a related field and 1+ year commercial, commercial real estate credit or business banking underwriting, spread analysis, lending, underwriting concepts, practices and procedures or other directly related experience. A combination of education and experience may meet qualifications.
Basic knowledge of commercial, commercial RE and/or business banking credit underwriting, spread analysis, lending, underwriting concepts, practices and procedures.
Basic knowledge of Business, C&I and CRE loan requirements with the ability to identify risk and mitigating factors related to conducting a thorough credit analysis for approval.
Knowledge of balance sheets, income and cash flow statements.
Good understanding of commercial and/or business banking lending policies and procedures and general banking laws and regulations.
Ability to analysis and research financial statements, business plans, credit reports, debt ratios and loan to value information.
Possess good judgment, ability to make sound decisions.
Ability to accept responsibility and handle confidential information.
Good customer relations and communication skills.
Self-starter, dependable, accurate in completing responsibilities with strong attention to detail and organizational skills.
Working knowledge of various related software applications, including spreadsheets, word processing, etc.

Responsibilities

Compile data for credit packages (or pre-screens) incorporating spreads, cash flow, value of related collateral, appraisals, audits, and other data.
Interpret outcome of analysis and prepare summary, recommendation, and may make joint presentations with Relationship Manager (RM) to Credit Approvers on renewals and new loans submitted.
Evaluate, analyze and form opinions for the approving or denying of commercial, commercial RE, and/or business banking loan applications.
Spread financial statements, identify credit strengths and weaknesses, provide detailed and documented analysis of credit worthiness.
Ensure credit requests are processed in accordance with bank policies, banking regulations and laws.
Identify risk and mitigating factors related to conducting a thorough credit analysis for approval.
Respond to internal and external customer inquiries.
Perform other duties as needed.

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)
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