Special Assets Support Specialist - Salt Lake City (In Office)

Zions Bancorporation•Salt Lake, UT

1d•Onsite

About The Position

Zions Bancorporation is seeking a Special Assets Support Specialist to join their Salt Lake City team. This role is an entry point into credit, lending, or loan workout within Zions Bank. The Credit Administration department is responsible for the overall credit quality of the Bank's loan portfolio, including approving loan transactions, managing the problem loan portfolio, and coordinating certain lending functions. The Special Assets Group (SAG) specifically handles loans and credit relationships where borrowers are experiencing financial difficulty. The mission of SAG is to work with borrowers to restore credit or minimize the bank's loss exposure. This Operations group supports Zions Bank and Vectra Banks workout and OREO teams, with a total of 4 employees on the team, offering a good work/life balance with flexible schedules.

Requirements

Requires a High School diploma or equivalent and 2-4+ years’ experience with loans, documentation, credit review, credit and lending analysis, policies, procedures and reporting or other directly related experience.
A combination of education and experience may meet job requirements.
Requires excellent written and verbal communication skills.
Ability to work under pressure to meet deadlines and work constructively and cooperatively as a team member.
Must have strong judgment, time management, customer service and problem resolution skills.
Strong working knowledge of various computer software including spreadsheets and word processing.

Nice To Haves

Preferred knowledge of loans, credit reviews, foreclosures, taxes, insurance, appraisals and analyzing commercial, consumer and business situations.

Responsibilities

Provides support to the special assets group and loan workout officers in the administration of the special asset portfolio, processes and functions.
Assist with completing analytical reporting and research related functions required in the servicing, liquidating and restructuring of problem loan relationships and assets.
Maintain documentation control and credit files for the loan transfer process.
Responsible for tracking covenant compliance, tickler system, public record filings, client correspondence, loan payments/extensions processing and the tracking and following of collateral insurance.
May be responsible for ordering appraisals, broker price opinions, environmental and foreclosure reports, track and follow collateral insurance.
Maintains files, inputs data, follows, monitors and clears exception reports
Other duties as required.

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, 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
Employee Ambassador preferred banking products