Zions Bancorporation · 3 days ago
Loan Workout Officer - Salt Lake City (In Office)
Salt Lake City, Utah, United States
Full-time
Onsite
Mid Level
4+ years expZions Bancorporation is one of the nation’s premier financial services companies, and they are seeking a Loan Workout Officer to join their Salt Lake City team. The role involves managing troubled loans, securing collateral, and working to minimize the bank’s loss exposure through various financial strategies.
AgricultureBankingFinanceFinancial Services
Responsibilities
Collects and resolves problems on troubled loans
Secures collateral, equity or assets of the borrower to preserve the loan principal, gathers interest and prevents the loan from being placed on non-accrual and prevents or limits losses
Responsible for the workout of adversely graded loans through the restructuring of debt, negotiation of settlement agreements, pursuit of appropriate legal action and/or the liquidation of collateral
Liquidates real estate or other assets as necessary and/or manages properties or other assets owned by bank
Reviews lender liability issues to avoid lawsuits and keep legal expenses under control
Develops good working relationships with internal and external industry contacts
Maintains knowledge of laws, regulations, internal policies and procedures appropriate to the position
May provide assistance to less experienced Workout Officers
Other duties as assigned
Qualification
Required
Requires a Bachelors in Finance, Business, Accounting or related field
4+ years commercial/RE/business loans, lending laws, credit analysis, credit monitoring, loan workouts, lending or other directly related experience
A combination of education and experience may meet qualifications
Employs advanced knowledge as a generalist or specialist of commercial/business lending, lending laws, bankruptcy laws and cash flow analysis
Advanced working knowledge of collection processes and practices
Excellent interpersonal and communication skills, both oral and written required
Strong analyses, negation and problem resolution skills
Ability to work individually and as part of a team
Ability to identify, research, coordinate and resolve issues
Must be organized, detail-oriented and able to multi-task
Strong computer skills (Excel, Word, PowerPoint). Knowledge of Risk Grading
Benefits
Benefits starting on day one
12 bank holidays
Profit sharing
Company-matched 401(k) contributions
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