Zions Bancorporation: A Premier Financial Services Company
Zions Bancorporation is recognized as one of the nation’s leading financial services companies, boasting total assets that surpass $70 billion. As a financial powerhouse, Zions operates under local management teams across 11 western states, demonstrating an unwavering dedication towards making a positive impact in their local communities.
At Zions, it is ingrained in their identity that their customers and employees are the driving force behind their success. The company provides a platform where possibilities are limitless, offering more than just a job, but a potential career path. One of their key operations bases, the Zions Technology Center, is conveniently situated in Midvale, Utah.
Commercial Small Business Banking Underwriter at Zions
Zions Bancorporation is currently seeking an ideal candidate for their Commercial Small Business Banking Underwriter position. The role entails numerous responsibilities and requires a specific skill set, along with relevant experience.
The underwriter will be responsible for data compilation related to the preparation of credit packages. This includes the incorporation of spreads, cash flow analysis, the value of collateral, appraisals, audits, and other relevant data. The underwriter will also be tasked with interpreting the outcome of the analysis, preparing summaries, and making joint presentations with the Relationship Manager to Credit Approvers on both renewals and new loan submissions.
Furthermore, the underwriter will evaluate, analyze, and form opinions for approving or denying loan applications related to commercial, commercial real estate, and business banking. The analysis will involve spreading financial statements, identifying credit strengths and weaknesses, and providing a detailed and documented analysis of creditworthiness. This role will also ensure that credit requests are processed in line with bank policies, banking regulations, and laws.
Qualifications and Skills
The position requires a Bachelor’s degree in Finance, Business, Accounting, or a related field. In addition, a minimum of 1 year of experience in commercial, commercial real estate credit, or small business underwriting, spread analysis, lending, and underwriting practices is required. The candidate should also possess a basic understanding of commercial, commercial RE, and small business credit underwriting, spread analysis, lending, and underwriting concepts, practices, and procedures.
Moreover, the candidate must have a good understanding of commercial and small business lending policies, procedures, and general banking laws and regulations. The ability to analyze and research financial statements, business plans, credit reports, debt ratios, and loan-to-value information is crucial. The candidate should also have good judgment, the ability to make sound decisions, and be able to handle confidential information responsibly.
Benefits
Zions Bancorporation offers an array of benefits to its employees, including Medical, Dental, and Vision Insurance from the first day of employment. Other benefits include Life and Disability Insurance, Paid Parental Leave, 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, mental health benefits, Tuition Reimbursement for qualifying employees, and Employee Ambassador preferred banking products. Additionally, employees may be eligible to receive a cash bonus award at the company’s discretion.
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