Zions Bancorporation · 2 days ago
Commercial/Business Banking Underwriter - Remote
Midvale, UT
Full-time
Remote
Entry Level
$56K/yr - $81K/yr
1+ years exp
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Responsibilities
Responsible for compilation of 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 prepares summary, recommendations and may make joint presentations with Relationship Manager (RM) to Credit Approvers on renewals and new loans submitted.
Evaluate, analyze and form opinions for the approving or denying of 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.
May work closely with Relationship Manager on the more complex aspects of loan structuring, including long term, fixed vs. variable rates, pre-payment penalty and other variables.
May have authority to approve loans beyond the organization’s guidelines.
Senior most level may function as a lead and be responsible for second level approvals.
Other duties as assigned.
Knowledge of Small Business Administration (SBA) Guarantee Loan Program experience preferred.
Qualification
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Required
Requires a Bachelor's in Finance, Business, Accounting or a related field and 1+ 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.
Basic knowledge of commercial, commercial RE and/or small business credit underwriting, spread analysis, lending, underwriting concepts, practices and procedures.
Basic 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.
Knowledge of balance sheets, income and cash flow statements.
Good understanding of commercial and/or small business lending policies and procedures and general banking laws and regulations.
Ability to analysis and research financial statements, business plans, credit reports, debt ratios and loan to value information.
Possess good judgment, ability to make sound decisions.
Ability to accept responsibility and handle confidential information.
Must have good customer relations and communication skills.
Must be a self-starter, dependable, accurate in completing responsibilities with strong attention to detail and organizational skills.
Working knowledge of a various related software applications, including spreadsheets, word processing, etc.
Preferred
Knowledge of Small Business Administration (SBA) Guarantee Loan Program experience preferred.
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
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
Employee Ambassador preferred banking products
Employees may, at the company’s discretion, be eligible to receive a cash bonus award
Company
Zions Bancorporation
Zions Bancorporation is a financial services company involved in SBA lending, public finance advisory services, and agricultural finance.
10,001+ employees
H1B Sponsorship
Zions Bancorporation has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (44)
2022 (62)
2021 (52)
2020 (39)
Funding
Current Stage
Public CompanyTotal Funding
$87.9M2013-09-13Post Ipo Debt· $87.9M
2010-12-20IPO· nasdaq:ZION
Leadership Team
Margaret Mayer
Chief Technology Officer
Recent News
2024-11-01
Company data provided by crunchbase
