Zions Bancorporation · 2 days ago
Loan Disbursement Specialist
Salt Lake City, Utah, United States
Full-time
Onsite
New Grad, Entry Level
$19/hr - $32/hrZions Bancorporation is one of the nation’s premier financial services companies, recognized for its strong ties to local communities. The Loan Disbursement Specialist will be responsible for managing and processing loan draws for construction projects, ensuring compliance with loan documentation and maintaining high standards of service within the department.
AgricultureBankingFinanceFinancial Services
Responsibilities
Review, analyze and process customer loan draws for commercial and residential construction projects, loan fund disbursements, equity draws, etc., including review of invoices, lien waivers, and budget
Prepare payoff quotes, credit bids, default letters and loan modifications
Schedule and direct pre-construction discussion with Borrower, Builder, and RM when requested
Administer participation loans, coordinate with participating/lead bank(s)
Order, input, and review inspection reports
Updates and maintains various reports and ticklers for loan maintenance
Assists with and may serve as liaison with lenders, loan administration, and outside vendors
Monitor and may process interest rate changes
Review loans for past due status, insurance coverage, tickler exceptions, etc
Ensure loan administration is consistent with loan documents, bank and department policies and procedures
Other duties as assigned
Qualification
Required
Some experience with commercial, construction or loan servicing process and procedures, loan documentation or processing or other directly related experience
Basic knowledge of lending disbursement processes, procedures and loan documentation
Basic knowledge of standard construction budget and loan servicing practices and techniques
Must have good audit, problem solving, data entry and customer service skills
Ability to review and process data per loan documentation
Good time management and organizational skills
Must be accurate, detail oriented and able to multi-task
Good communication skills, both verbal and written
Basic knowledge of computer software programs such as word, excel, etc
Requires High School Degree or Equivalent
A combination of education and experience may meet job requirements
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
Company
Zions Bancorporation
Zions Bancorporation is a financial services company involved in SBA lending, public finance advisory services, and agricultural finance.
Founded in 1873
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