Asset Based Lending Underwriter - Salt Lake City, Dallas or Houston

Zions Bancorporation is one of the nation’s premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker magazine as having a top banking team in its list of “The Most Powerful Women in Banking.” Our customers consistently vote us as the best bank in our local markets. We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a “local” business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.

With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.

Zions Bancorporation is accepting application for our Asset Based Lending Underwriter located in either Salt Lake City, Houston, or Dallas.

Zions Bancorporation is seeking an Asset Based Lending Underwriter to join our Asset Based Lending team providing loans secured by working capital assets. Our team partners with clients to deliver customized credit solutions that support growth while mitigating risk. This role offers the opportunity to play a key part in supporting ABL operations within a collaborative, client-focused environment.

Ideal candidates will have the skills and experience necessary to:

• Responsible to support the lending unit in the structuring and performs due-diligence, underwriting, legal documentation, closing, analyzing financial data and managing both new and existing complex Asset-Based loans.
• Reviewing and analyzing field exams.
• Actively participates in new business efforts.
• Pre-screen new business for appropriateness, structure and offer a key opinion to solicit business.
• Prepares loan packages for loan approval, including the submission and presentation of underwriting memo for approval.
• Accountable for appropriate loan documentation, borrowing-base calculation, the loan closing process and internal on-boarding of new customers.
• Responsible to analyze and accurately document the financial performance of borrowers.
• Ensure compliance with financial and loan covenants.
• Can manage troubled loans and workout situations.
• Required to build and maintain relationships with a resulting high degree of customer satisfaction.
• Provide advice and counsel to clients regarding trends and conditions of the business environment, capital markets, and general banking trends.
• Prepares credit analysis in accordance with credit policy for both new and existing loans with a focus on credit policy, identifying risk and mitigates, and appropriate loan ratings.
• Perform financial projection modeling.
• Ensures that production and quality of work performed by independent contractors is monitored and meeting service levels.
• Manage department projects and other duties as needed.

Qualifications:

• 4 years in asset-based lending, underwriting, loan structuring, credit, or portfolio management, field exam, loan documentation, loan workouts, monitoring collateral and credit performance, economic and industry evaluations, or other directly related experience.
• Strong knowledge of accounting and finance.
• An equivalent combination of education and experience may meet qualification
• Working knowledge of commercial/corporate loan structures, setting of appropriate loan and financial covenants and industry standard loan documentation.
• Ability to support the expand client relationships.
• Strong work ethic.
• Familiarity with loan processing and closing processes.
• Solid problem resolution, analysis, communication skills, both verbal and written.
• Must have solid interpersonal skills.
• Strong knowledge of software applications, including word processing, spreadsheets and financial modeling.
• Requires a bachelor's degree in accounting, finance, banking, or a related field

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) and 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
• Employee Ambassador preferred banking products