Zions Bancorporation · 1 month ago
SBA Underwriter - Midvale, UT (In Office)
Midvale, Utah, United States
Full-time
Onsite
Entry, Mid, Senior Level
$56K/yr - $81K/yr
1+ years expZions Bancorporation is one of the nation’s premier financial services companies with total assets exceeding $70 billion. They are seeking an SBA Underwriter to underwrite SBA guaranteed loan products, compile credit packages, evaluate loan applications, and provide detailed credit analyses. The successful candidate will ensure adherence to banking regulations and may work closely with Relationship Managers on loan structuring.
AgricultureBankingFinanceFinancial Services
Responsibilities
Underwrite SBA guaranteed loan products, primarily 7a, Express, and 504 loans ensuring adherence to SBA SOP, bank policies, banking regulations and laws
Compile data as it relates to the 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
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
Qualification
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 various related software applications, including spreadsheets, word processing, etc
Preferred
Knowledge of the SBA SOP (Standard Operating Procedures)
3+ years of direct SBA underwriting experience including 7a, Express, and 504 loans
Experience underwriting commercial loans with a construction component (i.e. – ground-up construction, building expansion, tenant improvements)
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.
10001+ 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
2025 (68)
2024 (39)
2023 (61)
2022 (68)
2021 (45)
2020 (36)
Funding
Current Stage
Public CompanyTotal Funding
$1.09B2025-08-11Post Ipo Debt· $500M
2024-11-14Post Ipo Debt· $500M
2013-09-13Post Ipo Debt· $87.9M
Leadership Team
Harris Simmons
Chairman and CEO
Recent News
MarketScreener
2025-12-24
2025-12-23
Company data provided by crunchbase