Underwriter - Commercial Banking, Midvale UT

Zions Bancorporation•Midvale, UT

7d•Onsite

About The Position

Zions Bank has an opportunity for a Commercial Underwriter to join the Equipment Finance Division, located in the Midvale, Utah office. This role involves conducting credit investigations, loan analysis, underwriting, and documentation pertaining to loan analysis. The underwriter will investigate credit and financial information sources, understand loan requests, analyze financial statements, determine cash flow, and make recommendations for credit approvals. They will also review loan covenants, provide credit information, ensure credit files are current, and may assist with projects.

Requirements

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.
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.

Nice To Haves

Preference for Equipment Finance or Leasing backgrounds.

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.

Benefits

Medical, Dental and Vision Insurance - START DAY ONE!
Life and Disability Insurance
Paid Parental Leave
Adoption Assistance
Health Savings (HSA)
Flexible Spending (FSA)
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
Discounted TRAX pass.