Practice Pathways Commercial Portfolio Manager - Salt Lake City - job 746550

Zions Bancorporation

Date: 05/04/2021

City: Salt Lake City, Utah

Employment type: Full-time

Zions Bank recognizes that its strength 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" every year since 2013, as Best Employer from Utah's Best of State and among the Best Places to Work in Idaho. Make the leap into a new era of banking. Let us transform your career.

We have just opened an opportunity for a Commercial Portfolio Manager/Underwriter based in the Greater Salt Lake City area. This is a rare opportunity to join an innovative group that supports medical practice lending nationwide, especially in the dental, optometry and veterinarian specialties. As this team continues to grow, so will your skills and opportunities! If you are ready for the next rung in your career ladder, read on.

Ideal candidates will have the skills and experience necessary to:

  • Compile data as it relates to preparation of 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, recommendations and make joint presentations with Relationship Manager (RM) to Credit Approvers on renewals and new loans submitted.

  • Evaluate, analyze and form opinions for approving or denying 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.

  • Recommend exceptions based on findings.

  • Work closely with Relationship Managers on the more complex aspects of loan structuring, including long term, fixed vs. variable rates, pre-payment penalty and other variables.

  • Have authority to approve loans beyond the organizations guidelines.

  • Senior most level may function as a lead and be responsible for second level approvals.

  • Remain adaptable and take on additional assignments as needed.

What you'll bring to the table:

  • Requires a Bachelor's degree in Finance, Business, Accounting or a related field and 2+ year commercial, commercial real estate credit or small business underwriting, spread analysis, lending, underwriting concepts, practices and procedures or other directly related experience. A combination of education and experience may meet qualifications.

  • Working knowledge of commercial, commercial RE and/or small business credit underwriting, spread analysis, lending, underwriting concepts, practices and procedures.

  • Working knowledge of C&I and CRE loan requirements with the ability to identify risk and mitigating factors related to conducting a thorough credit analysis for approval.

  • Good working knowledge of balance sheets, income and cash flow statements.

  • Solid understanding of commercial and/or small business lending policies and procedures and general banking laws and regulations.

  • Ability to analyze and research financial statements, business plans, credit reports, debt ratios and loan to value information.

  • Possess solid judgment, ability to make sound decisions.

  • Ability to accept responsibility and handle confidential information.

  • Must have strong customer relations and communication skills, both self-starter, dependable, accurate in completing responsibilities with strong attention to detail and organizational skills.

  • Working knowledge of a various related software applications, including MS Office, etc.

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